Grindrod Ltd Adr Stock Price on September 27, 2024
| GRDLY Stock | USD 18.00 0.00 0.00% |
If you're considering investing in Grindrod Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Grindrod stands at 18.00, as last reported on the 3rd of December, with the highest price reaching 18.00 and the lowest price hitting 18.00 during the day. At this stage we consider Grindrod Pink Sheet to be very steady. Grindrod ADR holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found fourteen technical indicators for Grindrod ADR, which you can use to evaluate the volatility of the firm. Please check out Grindrod's Mean Deviation of 0.0217, variance of 0.008, and Risk Adjusted Performance of 0.0187 to validate if the risk estimate we provide is consistent with the expected return of 0.0115%.
Grindrod Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Grindrod |
Sharpe Ratio = 0.126
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Based on monthly moving average Grindrod is performing at about 9% 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 Grindrod by adding it to a well-diversified portfolio.
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Grindrod Valuation on September 27, 2024
It is possible to determine the worth of Grindrod on a given historical date. On September 27, 2024 Grindrod was worth 18.0 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grindrod pink sheet. Still, in general, we apply an absolute valuation method to find Grindrod'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 Grindrod where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grindrod's related companies.
| Open | High | Low | Close | Volume | |
| 18.00 | 18.00 | 18.00 | 18.00 | 1.00 | |
09/27/2024 | 18.00 | 18.00 | 18.00 | 18.00 | 1.00 |
| 18.00 | 18.00 | 18.00 | 18.00 | 1.00 |
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Grindrod Trading Date Momentum on September 27, 2024
| On September 30 2024 Grindrod Ltd ADR was traded for 18.00 at the closing time. The highest daily price throughout the period was 18.00 and the lowest price was 18.00 . There was no trading activity during the period 1.0. Lack of trading volume on 09/30/2024 did not cause price change. The overall trading delta to current closing price is 0.00% . |
Grindrod ADR Fundamentals Correlations and Trends
By evaluating Grindrod'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 Grindrod's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grindrod financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grindrod Pink Sheet history
Grindrod 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 Grindrod is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grindrod ADR 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 Grindrod stock prices may prove useful in developing a viable investing in Grindrod
Grindrod Limited, through its subsidiaries, engages in freight services, shipping, and financial services businesses worldwide. This division also provides card solutions preference-share investments and treasury deposits corporate finance products and asset management services, including wealth management services for private clients and institutional fund management services. GRINDROD LTD operates under Integrated Shipping Logistics classification in USA and is traded on OTC Market.
Grindrod Pink Sheet Technical Analysis
Grindrod technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Grindrod Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Grindrod Ltd ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Grindrod December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Grindrod pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grindrod shares will generate the highest return on investment. By undertsting and applying Grindrod pink sheet market strength indicators, traders can identify Grindrod Ltd ADR entry and exit signals to maximize returns
Grindrod Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grindrod's price direction in advance. Along with the technical and fundamental analysis of Grindrod Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grindrod 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 | 0.0187 | |||
| Total Risk Alpha | (0.01) |
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Additional Tools for Grindrod Pink Sheet Analysis
When running Grindrod's price analysis, check to measure Grindrod'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 Grindrod is operating at the current time. Most of Grindrod's value examination focuses on studying past and present price action to predict the probability of Grindrod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindrod's price. Additionally, you may evaluate how the addition of Grindrod to your portfolios can decrease your overall portfolio volatility.