Grinm Advanced (China) Price on December 2, 2024
| 600206 Stock | 18.30 0.58 3.07% |
Below is the normalized historical share price chart for Grinm Advanced Materials extending back to March 19, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grinm Advanced stands at 18.30, as last reported on the 12th of December 2024, with the highest price reaching 19.15 and the lowest price hitting 18.11 during the day.
If you're considering investing in Grinm Stock, it is important to understand the factors that can impact its price. Grinm Advanced is somewhat reliable given 3 months investment horizon. Grinm Advanced Materials holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Grinm Advanced Materials Risk Adjusted Performance of 0.1766, market risk adjusted performance of 2.52, and Downside Deviation of 4.2 to evaluate company specific risk that cannot be diversified away.
At present, Grinm Advanced's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 21.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.9 B. . Grinm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of January 1999 | 200 Day MA 11.1361 | 50 Day MA 15.6138 | Beta 0.563 |
Grinm |
Sharpe Ratio = 0.2606
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 600206 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| 1.41 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Grinm Advanced is performing at about 20% 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 Grinm Advanced by adding it to a well-diversified portfolio.
Price Book 3.9903 | Enterprise Value Ebitda 69.2077 | Price Sales 1.6553 | Shares Float 552.5 M | Wall Street Target Price 14 |
Grinm Advanced Valuation on December 2, 2024
It is possible to determine the worth of Grinm Advanced on a given historical date. On December 2, 2024 Grinm was worth 20.5 at the beginning of the trading date compared to the closed value of 21.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grinm Advanced stock. Still, in general, we apply an absolute valuation method to find Grinm Advanced'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 Grinm Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grinm Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 21.07 | 22.47 | 20.12 | 22.47 | 273,345,112 | |
12/02/2024 | 20.50 | 21.88 | 20.26 | 21.03 | 221,591,429 |
| 21.54 | 22.50 | 20.67 | 21.51 | 236,935,779 |
| Backtest Grinm Advanced | | | Grinm Advanced History | | | Grinm Advanced Valuation | Previous | Next |
Grinm Advanced Trading Date Momentum on December 2, 2024
| On December 03 2024 Grinm Advanced Materials was traded for 21.51 at the closing time. The highest price during the trading period was 22.50 and the lowest recorded bid was listed for 20.67 . The volume for the day was 236.9 M. This history from December 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.28% . The overall trading delta to the current price is 11.41% . |
Grinm Advanced Materials Fundamentals Correlations and Trends
By evaluating Grinm Advanced'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 Grinm Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grinm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grinm Advanced Stock history
Grinm Advanced 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 Grinm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grinm Advanced Materials 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 Grinm Advanced stock prices may prove useful in developing a viable investing in Grinm Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 973.5 M | 930.1 M | |
| Net Income Applicable To Common Shares | 310.7 M | 326.3 M |
Grinm Advanced Quarterly Net Working Capital |
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Grinm Advanced Stock Technical Analysis
Grinm Advanced 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
Grinm Advanced Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Grinm Advanced Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Grinm Advanced December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Grinm Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grinm Advanced shares will generate the highest return on investment. By undertsting and applying Grinm Advanced stock market strength indicators, traders can identify Grinm Advanced Materials entry and exit signals to maximize returns
Grinm Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grinm Advanced's price direction in advance. Along with the technical and fundamental analysis of Grinm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grinm 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 | 0.1766 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | 0.3689 | |||
| Sortino Ratio | 0.2538 | |||
| Treynor Ratio | 2.51 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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When running Grinm Advanced's price analysis, check to measure Grinm Advanced'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 Grinm Advanced is operating at the current time. Most of Grinm Advanced's value examination focuses on studying past and present price action to predict the probability of Grinm Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grinm Advanced's price. Additionally, you may evaluate how the addition of Grinm Advanced to your portfolios can decrease your overall portfolio volatility.
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