Gratomic Stock Price on November 22, 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 market risk adjusted performance of 0.043, and Risk Adjusted Performance of 0.0086 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.
Gratomic |
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 November 22, 2024
It is possible to determine the worth of Gratomic on a given historical date. On November 22, 2024 Gratomic was worth 0.065 at the beginning of the trading date compared to the closed value of 0.065. 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 | |
| 0.05 | 0.06 | 0.05 | 0.05 | 225,570 | |
11/22/2024 | 0.07 | 0.07 | 0.06 | 0.07 | 737,004 |
| 0.07 | 0.07 | 0.06 | 0.06 | 141,856 |
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Gratomic Trading Date Momentum on November 22, 2024
| On November 25 2024 Gratomic was traded for 0.06 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.06 . The daily volume was recorded at 141.9 K. The volume of trading on 25th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 15.38% . The overall trading delta to the closing price today is 15.38% . |
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.
Price Boundaries
Gratomic Period Price Range
Low | December 2, 2024
| 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.
| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | 0.0513 | |||
| Total Risk Alpha | (1.62) | |||
| Treynor Ratio | 0.033 |
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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.