Grindr Inc Stock Price on August 1, 2024
GRND Stock | 17.80 0.37 2.04% |
If you're considering investing in Grindr Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grindr stands at 17.80, as last reported on the 27th of December, with the highest price reaching 17.80 and the lowest price hitting 17.80 during the day. Grindr appears to be not too volatile, given 3 months investment horizon. Grindr Inc holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28% return per unit of risk over the last 3 months. By evaluating Grindr's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Grindr's Market Risk Adjusted Performance of 3.2, downside deviation of 1.9, and Risk Adjusted Performance of 0.2114 to validate if our risk estimates are consistent with your expectations.
Grindr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grindr |
Sharpe Ratio = 0.2799
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Estimated Market Risk
2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Grindr is performing at about 22% 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 Grindr by adding it to a well-diversified portfolio.
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Grindr Valuation on August 1, 2024
It is possible to determine the worth of Grindr on a given historical date. On August 1, 2024 Grindr was worth 11.69 at the beginning of the trading date compared to the closed value of 11.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grindr stock. Still, in general, we apply an absolute valuation method to find Grindr'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 Grindr where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grindr's related companies.
Open | High | Low | Close | Volume | |
11.46 | 11.72 | 11.38 | 11.63 | 361,282 | |
08/01/2024 | 11.69 | 11.71 | 11.21 | 11.30 | 370,380 |
11.00 | 11.15 | 10.75 | 11.05 | 397,009 |
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Grindr Trading Date Momentum on August 1, 2024
On August 02 2024 Grindr Inc was traded for 11.05 at the closing time. The top price for the day was 11.15 and the lowest listed price was 10.75 . The trading volume for the day was 397 K. The trading history from August 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.21% . The overall trading delta against the current closing price is 5.31% . |
Grindr Inc Fundamentals Correlations and Trends
By evaluating Grindr'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 Grindr's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grindr financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grindr Stock history
Grindr 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 Grindr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grindr Inc 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 Grindr stock prices may prove useful in developing a viable investing in Grindr
Grindr Stock Technical Analysis
Grindr 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
Grindr Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
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Grindr December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Grindr stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grindr shares will generate the highest return on investment. By undertsting and applying Grindr stock market strength indicators, traders can identify Grindr Inc entry and exit signals to maximize returns
Grindr Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grindr's price direction in advance. Along with the technical and fundamental analysis of Grindr Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grindr 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 | 0.2114 | |||
Jensen Alpha | 0.6256 | |||
Total Risk Alpha | 0.498 | |||
Sortino Ratio | 0.3113 | |||
Treynor Ratio | 3.19 |
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Volume Indicators |
Complementary Tools for Grindr Stock analysis
When running Grindr's price analysis, check to measure Grindr'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 Grindr is operating at the current time. Most of Grindr's value examination focuses on studying past and present price action to predict the probability of Grindr's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindr's price. Additionally, you may evaluate how the addition of Grindr to your portfolios can decrease your overall portfolio volatility.
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