Gri Bio Etf Price on June 30, 2023
If you're considering investing in GRI Etf, it is important to understand the factors that can impact its price. GRI Bio is abnormally volatile given 3 months investment horizon. GRI Bio holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 2.09% are justified by taking the suggested risk. Use GRI Bio Market Risk Adjusted Performance of (1.15), risk adjusted performance of 0.0881, and Semi Deviation of 8.81 to evaluate company specific risk that cannot be diversified away.
GRI Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GRI |
Sharpe Ratio = 0.1083
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Estimated Market Risk
| 19.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.09 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average GRI Bio is performing at about 8% of its full potential. 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 GRI Bio by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
GRI Bio Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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GRI Bio December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how GRI Bio etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRI Bio shares will generate the highest return on investment. By undertsting and applying GRI Bio etf market strength indicators, traders can identify GRI Bio entry and exit signals to maximize returns
GRI Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRI Bio's price direction in advance. Along with the technical and fundamental analysis of GRI Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRI 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 | 0.0881 | |||
| Jensen Alpha | 2.24 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.1959 | |||
| Treynor Ratio | (1.16) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Tools for GRI Etf
When running GRI Bio's price analysis, check to measure GRI Bio'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 GRI Bio is operating at the current time. Most of GRI Bio's value examination focuses on studying past and present price action to predict the probability of GRI Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRI Bio's price. Additionally, you may evaluate how the addition of GRI Bio to your portfolios can decrease your overall portfolio volatility.
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