Greenfire Resources Stock Price on May 10, 2024
| GFR Stock | 10.01 0.26 2.53% |
If you're considering investing in Greenfire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greenfire Resources stands at 10.01, as last reported on the 4th of December, with the highest price reaching 10.16 and the lowest price hitting 9.91 during the day. As of now, Greenfire Stock is somewhat reliable. Greenfire Resources holds Efficiency (Sharpe) Ratio of 0.0353, which attests that the entity had a 0.0353% return per unit of risk over the last 3 months. We have found thirty technical indicators for Greenfire Resources, which you can use to evaluate the volatility of the firm. Please check out Greenfire Resources' Downside Deviation of 2.43, market risk adjusted performance of 0.3942, and Risk Adjusted Performance of 0.02 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Greenfire Resources' Capital Stock is very stable compared to the past year. As of the 4th of December 2024, Stock Based Compensation is likely to grow to about 11.8 M, while Total Stockholder Equity is likely to drop about 615.3 M. . At this time, Greenfire Resources' Price Book Value Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 0.49. Greenfire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Greenfire |
Sharpe Ratio = 0.0353
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | GFR | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Greenfire Resources is performing at about 2% 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 Greenfire Resources by adding it to a well-diversified portfolio.
Price Book 0.9545 | Enterprise Value Ebitda 5.0278 | Price Sales 0.9883 | Shares Float 19.3 M | Wall Street Target Price 13.75 |
Greenfire Resources Valuation on May 10, 2024
It is possible to determine the worth of Greenfire Resources on a given historical date. On May 10, 2024 Greenfire was worth 8.03 at the beginning of the trading date compared to the closed value of 8.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenfire Resources stock. Still, in general, we apply an absolute valuation method to find Greenfire Resources' 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 Greenfire Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenfire Resources' related companies.
| Open | High | Low | Close | Volume | |
| 8.01 | 8.14 | 7.96 | 8.14 | 9,000 | |
05/10/2024 | 8.03 | 8.16 | 8.03 | 8.16 | 4,100 |
| 8.25 | 8.25 | 8.20 | 8.23 | 5,200 |
| Backtest Greenfire Resources | | | Greenfire Resources History | | | Greenfire Resources Valuation | Previous | Next |
Greenfire Resources Trading Date Momentum on May 10, 2024
| On May 13 2024 Greenfire Resources was traded for 8.23 at the closing time. The maximum traded price for the trading interval was 8.25 and the lowest daily price was 8.20 . The daily volume was recorded at 5.2 K. The volume of trading on 13th of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.86% . The overall trading delta to the closing price today is 0.12% . |
Greenfire Resources Fundamentals Correlations and Trends
By evaluating Greenfire Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenfire Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenfire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenfire Resources Stock history
Greenfire Resources 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 Greenfire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenfire Resources 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 Greenfire Resources stock prices may prove useful in developing a viable investing in Greenfire Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.8 M | 54.9 M |
Greenfire Resources Stock Technical Analysis
Greenfire Resources 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
Greenfire Resources Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Greenfire Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Greenfire Resources December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenfire Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenfire Resources shares will generate the highest return on investment. By undertsting and applying Greenfire Resources stock market strength indicators, traders can identify Greenfire Resources entry and exit signals to maximize returns
Greenfire Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenfire Resources' price direction in advance. Along with the technical and fundamental analysis of Greenfire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenfire 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 | 0.02 | |||
| Jensen Alpha | 0.0317 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3842 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenfire Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Greenfire Stock, please use our How to Invest in Greenfire Resources guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.