Grindr Inc Stock Price on October 16, 2023

GRND Stock   18.22  0.30  1.67%   
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 18.22, as last reported on the 30th of December, with the highest price reaching 18.24 and the lowest price hitting 17.57 during the day. Grindr appears to be not too volatile, given 3 months investment horizon. Grindr Inc holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. By evaluating Grindr's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Grindr's Downside Deviation of 1.88, market risk adjusted performance of 2.67, and Risk Adjusted Performance of 0.1962 to validate if our risk estimates are consistent with your expectations.
  
As of December 30, 2024, Common Stock Shares Outstanding is expected to decline to about 148.2 M. The current year's Total Stockholder Equity is expected to grow to about (17.4 M). At present, Grindr's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 44.42, whereas Price Book Value Ratio is projected to grow to (79.42). Grindr Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2743

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 0.69
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Grindr is performing at about 21% 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.
Price Book
5.9456
Enterprise Value Ebitda
311.7063
Price Sales
9.9181
Shares Float
21.7 M
Wall Street Target Price
19.5

Grindr Valuation on October 16, 2023

It is possible to determine the worth of Grindr on a given historical date. On October 16, 2023 Grindr was worth 5.89 at the beginning of the trading date compared to the closed value of 5.8. 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
  5.87    5.93    5.84    5.88    250,200  
10/16/2023
  5.89    5.94    5.79    5.80    281,800  
  5.80    6.00    5.80    5.90    338,800  
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Open Value
5.89
5.8
Closing Value
13.41
Upside

Grindr Trading Date Momentum on October 16, 2023

On October 17 2023 Grindr Inc was traded for  5.90  at the closing time. The top price for the day was 6.00  and the lowest listed price was  5.80 . The trading volume for the day was 338.8 K. The trading history from October 17, 2023 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.72% . The overall trading delta against the current closing price is 1.03% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding174.2 M148.2 M
Net Income Applicable To Common Shares766.8 K805.1 K

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.
A focus of Grindr technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grindr 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

Grindr Period Price Range

Low
December 30, 2024
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High

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Grindr Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Grindr December 30, 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.

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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