GRIID Infrastructure Common Price on September 30, 2024
| GRDIDelisted Stock | 0.96 0.00 0.00% |
If you're considering investing in GRIID Stock, it is important to understand the factors that can impact its price. As of today, the current price of GRIID Infrastructure stands at 0.96, as last reported on the 29th of November, with the highest price reaching 0.96 and the lowest price hitting 0.96 during the day. GRIID Infrastructure holds Efficiency (Sharpe) Ratio of 0.0805, which attests that the entity had a 0.0805% return per unit of risk over the last 3 months. We have found nineteen technical indicators for GRIID Infrastructure, which you can use to evaluate the volatility of the firm. Please utilize GRIID Infrastructure's Risk Adjusted Performance of 0.0057, coefficient of variation of (26,510), and Market Risk Adjusted Performance of 0.0912 to validate if our risk estimates are consistent with your expectations.
GRIID Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GRIID |
Sharpe Ratio = 0.0805
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Estimated Market Risk
| 5.83 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average GRIID Infrastructure is performing at about 6% 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 GRIID Infrastructure by adding it to a well-diversified portfolio.
GRIID Infrastructure Valuation on September 30, 2024
It is possible to determine the worth of GRIID Infrastructure on a given historical date. On September 30, 2024 GRIID was worth 0.77 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRIID Infrastructure stock. Still, in general, we apply an absolute valuation method to find GRIID Infrastructure'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 GRIID Infrastructure where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRIID Infrastructure's related companies.
| Open | High | Low | Close | Volume | |
| 0.75 | 0.83 | 0.75 | 0.77 | 21,000 | |
09/30/2024 | 0.77 | 0.77 | 0.71 | 0.77 | 49,624 |
| 0.75 | 0.81 | 0.71 | 0.76 | 32,000 |
| Backtest GRIID Infrastructure | | | GRIID Infrastructure History | Previous | Next |
GRIID Infrastructure Trading Date Momentum on September 30, 2024
| On October 01 2024 GRIID Infrastructure Common was traded for 0.76 at the closing time. The top price for the day was 0.81 and the lowest listed price was 0.71 . The trading volume for the day was 32 K. The trading history from October 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.30% . The overall trading delta against the current closing price is 0.00% . |
Price Boundaries
GRIID Infrastructure Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
GRIID Infrastructure Common 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.
GRIID Infrastructure November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how GRIID Infrastructure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRIID Infrastructure shares will generate the highest return on investment. By undertsting and applying GRIID Infrastructure stock market strength indicators, traders can identify GRIID Infrastructure Common entry and exit signals to maximize returns
GRIID Infrastructure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRIID Infrastructure's price direction in advance. Along with the technical and fundamental analysis of GRIID Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRIID 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 | 0.0057 | |||
| Jensen Alpha | 0.0128 | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | 0.0812 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in GRIID Stock
If you are still planning to invest in GRIID Infrastructure check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the GRIID Infrastructure's history and understand the potential risks before investing.
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