Gri Bio Etf Price on September 4, 2024
| GRI Etf | USD 0.93 0.06 6.90% |
If you're considering investing in GRI Etf, it is important to understand the factors that can impact its price. As of today, the current price of GRI Bio stands at 0.93, as last reported on the 12th of December 2024, with the highest price reaching 0.95 and the lowest price hitting 0.85 during the day. GRI Bio is abnormally volatile given 3 months investment horizon. GRI Bio holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.28% are justified by taking the suggested risk. Use GRI Bio Market Risk Adjusted Performance of (1.33), semi deviation of 8.32, and Risk Adjusted Performance of 0.0902 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 = 0.1173
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Estimated Market Risk
| 19.4 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.28 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average GRI Bio is performing at about 9% 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.
Price Book 2.2629 | Book Value 5.214 | Enterprise Value 3.1 M | Shares Float 2.7 M | Shares Outstanding 8.9 M |
Related Headline
Passage Bio Headline on 4th of September 2024
Discretionary transaction by Lynx1 Capital Management Lp of ... by Lynx1 Capital Management Lp
Filed transaction by Passage Bio 10 Percent Owner. Discretionary transaction in accordance with Rule 16b-3
GRI Bio Valuation on September 4, 2024
It is possible to determine the worth of GRI Bio on a given historical date. On September 4, 2024 GRI was worth 0.51 at the beginning of the trading date compared to the closed value of 0.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRI Bio etf. Still, in general, we apply an absolute valuation method to find GRI Bio'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 GRI Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRI Bio's related companies.
| Open | High | Low | Close | Volume | |
| 0.50 | 0.53 | 0.49 | 0.51 | 166,679 | |
09/04/2024 | 0.51 | 0.51 | 0.49 | 0.51 | 121,010 |
| 0.51 | 0.52 | 0.48 | 0.49 | 89,929 |
| Backtest GRI Bio | | | GRI Bio History | | | GRI Bio Valuation | Previous | Next |
GRI Bio Trading Date Momentum on September 4, 2024
| On September 05 2024 GRI Bio was traded for 0.49 at the closing time. Highest GRI Bio's price during the trading hours was 0.52 and the lowest price during the day was 0.48 . The net volume was 89.9 K. The overall trading history on the 5th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.92% . The overall trading delta to current price is 1.96% . |
GRI Bio Fundamentals Correlations and Trends
By evaluating GRI Bio'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 GRI Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GRI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GRI Bio Etf history
GRI Bio 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 GRI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRI Bio 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 GRI Bio stock prices may prove useful in developing a viable investing in GRI Bio
The investment seeks investment results that correspond generally to the performance, before the funds fees and expenses, of an index called the Cohen Steers Global Realty Majors Index. Cohen Steers is traded on Archipelago Exchange in USA.
GRI Bio Etf Technical Analysis
GRI Bio technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
GRI Bio Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
GRI Bio cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
GRI Bio December 12, 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 | 0.0902 | |||
| Jensen Alpha | 2.29 | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | 0.1996 | |||
| Treynor Ratio | (1.34) |
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Other Information on Investing in GRI Etf
GRI Bio financial ratios help investors to determine whether GRI Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GRI with respect to the benefits of owning GRI Bio security.