Gratomic Stock Price on June 21, 2024

GRAT Stock  CAD 0.05  0.01  9.09%   
If you're considering investing in Gratomic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gratomic stands at 0.05, as last reported on the 2nd of December, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day. Gratomic holds Efficiency (Sharpe) Ratio of -8.0E-4, which attests that the entity had a -8.0E-4% return per unit of standard deviation over the last 3 months. Gratomic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gratomic's risk adjusted performance of 0.0086, and Market Risk Adjusted Performance of 0.043 to validate the risk estimate we provide.
  
Gratomic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -8.0E-4

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Estimated Market Risk

 9.62
  actual daily
85
85% of assets are less volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gratomic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gratomic by adding Gratomic to a well-diversified portfolio.

Gratomic Valuation on June 21, 2024

It is possible to determine the worth of Gratomic on a given historical date. On June 21, 2024 Gratomic was worth 0.1 at the beginning of the trading date compared to the closed value of 0.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gratomic stock. Still, in general, we apply an absolute valuation method to find Gratomic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gratomic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gratomic's related companies.
 Open High Low Close Volume
  0.10    0.10    0.09    0.09    22,000  
06/21/2024
  0.10    0.10    0.09    0.09    235,000  
  0.09    0.09    0.09    0.09    278,007  
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Open Value
0.1
0.0009
Downside
0.09
Closing Value
28.95
Upside

Gratomic Trading Date Momentum on June 21, 2024

On June 24 2024 Gratomic was traded for  0.09  at the closing time. The maximum traded price for the trading interval was 0.09  and the lowest daily price was  0.09 . The daily volume was recorded at 278 K. The volume of trading on 24th of June 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 5.56% . The overall trading delta to the closing price today is 11.11% .

Gratomic Fundamentals Correlations and Trends

By evaluating Gratomic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gratomic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gratomic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gratomic Stock history

Gratomic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gratomic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gratomic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gratomic stock prices may prove useful in developing a viable investing in Gratomic
Gratomic Inc., a junior exploration company, acquires and explores for mineral properties in Canada and Namibia. Gratomic Inc. was incorporated in 2007 and is based in Toronto, Canada. GRATOMIC INC operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.

Gratomic Stock Technical Analysis

Gratomic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Gratomic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gratomic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gratomic Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gratomic cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Gratomic December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Gratomic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gratomic shares will generate the highest return on investment. By undertsting and applying Gratomic stock market strength indicators, traders can identify Gratomic entry and exit signals to maximize returns

Gratomic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gratomic's price direction in advance. Along with the technical and fundamental analysis of Gratomic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gratomic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Gratomic Stock Analysis

When running Gratomic's price analysis, check to measure Gratomic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gratomic is operating at the current time. Most of Gratomic's value examination focuses on studying past and present price action to predict the probability of Gratomic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gratomic's price. Additionally, you may evaluate how the addition of Gratomic to your portfolios can decrease your overall portfolio volatility.