Grindr Inc Stock Market Value
| GRND Stock | 17.72 0.41 2.37% |
| Symbol | Grindr |
Grindr's Earnings Breakdown by Geography
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grindr. If investors know Grindr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grindr listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Grindr Inc is measured differently than its book value, which is the value of Grindr that is recorded on the company's balance sheet. Investors also form their own opinion of Grindr's value that differs from its market value or its book value, called intrinsic value, which is Grindr's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grindr's market value can be influenced by many factors that don't directly affect Grindr's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grindr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindr's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Grindr 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Grindr's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Grindr.
| 06/28/2024 |
| 12/25/2024 |
Grindr Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Grindr's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Grindr Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.2341 | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 5.49 |
Grindr Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grindr's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grindr's standard deviation. In reality, there are many statistical measures that can use Grindr historical prices to predict the future Grindr's volatility.| Risk Adjusted Performance | 0.2084 | |||
| Jensen Alpha | 0.6107 | |||
| Total Risk Alpha | 0.5091 | |||
| Sortino Ratio | 0.3069 | |||
| Treynor Ratio | 3.3 |
Grindr Inc Backtested Returns
Grindr appears to be not too volatile, given 3 months investment horizon. Grindr Inc holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. By evaluating Grindr's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Grindr's Risk Adjusted Performance of 0.2084, market risk adjusted performance of 3.31, and Downside Deviation of 1.9 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grindr holds a performance score of 19. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grindr's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grindr is expected to be smaller as well. Please check Grindr's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Grindr's current trending patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Grindr Inc has poor predictability. Overlapping area represents the amount of predictability between Grindr time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grindr Inc price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Grindr price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 2.55 |
Grindr Inc lagged returns against current returns
Autocorrelation, which is Grindr stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Grindr's stock expected returns. We can calculate the autocorrelation of Grindr returns to help us make a trade decision. For example, suppose you find that Grindr has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Grindr regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Grindr stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grindr stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grindr stock over time.
Current vs Lagged Prices |
| Timeline |
Grindr Lagged Returns
When evaluating Grindr's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grindr stock have on its future price. Grindr autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Grindr autocorrelation shows the relationship between Grindr stock current value and its past values and can show if there is a momentum factor associated with investing in Grindr Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Grindr Inc is a strong investment it is important to analyze Grindr's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grindr's future performance. For an informed investment choice regarding Grindr Stock, refer to the following important reports:Check out Grindr Correlation, Grindr Volatility and Grindr Alpha and Beta module to complement your research on Grindr. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.