Granite Ridge Stock Forecast - Market Facilitation Index

GRNT Stock  USD 6.67  0.11  1.62%   
Granite Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to -0.73 in 2024. Receivables Turnover is likely to drop to 5.13 in 2024. Net Income Applicable To Common Shares is likely to gain to about 316.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 126.9 M in 2024.
Granite Ridge Resources has current Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
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Granite Ridge Trading Date Momentum

On November 25 2024 Granite Ridge Resources was traded for  6.67  at the closing time. The top price for the day was 6.80  and the lowest listed price was  6.65 . The trading volume for the day was 356.8 K. The trading history from November 25, 2024 did not cause price change. The overall trading delta against the current closing price is 1.95% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Granite Ridge

For every potential investor in Granite, whether a beginner or expert, Granite Ridge's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Granite Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Granite. Basic forecasting techniques help filter out the noise by identifying Granite Ridge's price trends.

Granite Ridge Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Ridge stock to make a market-neutral strategy. Peer analysis of Granite Ridge could also be used in its relative valuation, which is a method of valuing Granite Ridge by comparing valuation metrics with similar companies.
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Granite Ridge Resources Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Granite Ridge's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Granite Ridge's current price.

Granite Ridge Market Strength Events

Market strength indicators help investors to evaluate how Granite Ridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite Ridge shares will generate the highest return on investment. By undertsting and applying Granite Ridge stock market strength indicators, traders can identify Granite Ridge Resources entry and exit signals to maximize returns.

Granite Ridge Risk Indicators

The analysis of Granite Ridge's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Granite Ridge's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting granite stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Granite Stock Analysis

When running Granite Ridge's price analysis, check to measure Granite Ridge'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 Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.