Grid Dynamics Holdings Stock Price on September 25, 2024
| GDYN Stock | USD 18.90 0.64 3.50% |
Below is the normalized historical share price chart for Grid Dynamics Holdings extending back to October 30, 2018. 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 Grid Dynamics stands at 18.90, as last reported on the 26th of November, with the highest price reaching 19.00 and the lowest price hitting 18.28 during the day.
If you're considering investing in Grid Stock, it is important to understand the factors that can impact its price. Grid Dynamics appears to be not too volatile, given 3 months investment horizon. Grid Dynamics Holdings holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Grid Dynamics' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Grid Dynamics' Risk Adjusted Performance of 0.1407, downside deviation of 2.51, and Market Risk Adjusted Performance of 0.3078 to validate if our risk estimates are consistent with your expectations.
As of the 26th of November 2024, Total Stockholder Equity is likely to drop to about 194.3 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 58.2 M. At this time, Grid Dynamics' Price To Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Earnings To Growth Ratio is likely to grow to 6.32, though Price Earnings Ratio is likely to grow to (539.49). Grid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of October 2018 | 200 Day MA 12.715 | 50 Day MA 15.479 | Beta 0.927 |
Grid |
Sharpe Ratio = 0.2046
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Grid Dynamics is performing at about 16% 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 Grid Dynamics by adding it to a well-diversified portfolio.
Price Book 3.7669 | Enterprise Value Ebitda 107.2855 | Price Sales 4.5916 | Shares Float 57.8 M | Wall Street Target Price 18.1667 |
Grid Dynamics Valuation on September 25, 2024
It is possible to determine the worth of Grid Dynamics on a given historical date. On September 25, 2024 Grid was worth 13.8 at the beginning of the trading date compared to the closed value of 13.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grid Dynamics stock. Still, in general, we apply an absolute valuation method to find Grid Dynamics' 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 Grid Dynamics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grid Dynamics' related companies.
| Open | High | Low | Close | Volume | |
| 13.65 | 13.95 | 13.56 | 13.80 | 220,910 | |
09/25/2024 | 13.80 | 14.01 | 13.70 | 13.72 | 221,212 |
| 14.00 | 14.22 | 13.79 | 14.01 | 298,098 |
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Grid Dynamics Trading Date Momentum on September 25, 2024
| On September 26 2024 Grid Dynamics Holdings was traded for 14.01 at the closing time. The top price for the day was 14.22 and the lowest listed price was 13.79 . The trading volume for the day was 298.1 K. The trading history from September 26, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 2.11% . The overall trading delta against the current closing price is 4.08% . |
Grid Dynamics Holdings Fundamentals Correlations and Trends
By evaluating Grid Dynamics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Grid Dynamics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grid Dynamics Stock history
Grid Dynamics 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 Grid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grid Dynamics Holdings 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 Grid Dynamics stock prices may prove useful in developing a viable investing in Grid Dynamics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75.2 M | 58.2 M | |
| Net Loss | -26.3 M | -25 M |
Grid Dynamics Quarterly Net Working Capital |
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Grid Dynamics Stock Technical Analysis
Grid Dynamics 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
Grid Dynamics Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Grid Dynamics Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Grid Dynamics November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Grid Dynamics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grid Dynamics shares will generate the highest return on investment. By undertsting and applying Grid Dynamics stock market strength indicators, traders can identify Grid Dynamics Holdings entry and exit signals to maximize returns
Grid Dynamics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grid Dynamics' price direction in advance. Along with the technical and fundamental analysis of Grid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grid 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 | 0.1407 | |||
| Jensen Alpha | 0.2795 | |||
| Total Risk Alpha | 0.0358 | |||
| Sortino Ratio | 0.139 | |||
| Treynor Ratio | 0.2978 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Internet Services & Infrastructure 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 Grid Dynamics. If investors know Grid 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 Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.582 | Earnings Share 0.03 | Revenue Per Share 4.304 | Quarterly Revenue Growth 0.129 | Return On Assets (0.0004) |
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' 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 Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' 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 Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' 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.