Grindwell Norton (India) Price on May 29, 2024
| GRINDWELL | 2,065 33.60 1.65% |
Below is the normalized historical share price chart for Grindwell Norton Limited extending back to September 11, 2006. 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 Grindwell Norton stands at 2,065, as last reported on the 25th of November, with the highest price reaching 2,085 and the lowest price hitting 2,022 during the day.
If you're considering investing in Grindwell Stock, it is important to understand the factors that can impact its price. Grindwell Norton holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Grindwell Norton exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grindwell Norton's Market Risk Adjusted Performance of (1.80), standard deviation of 1.65, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
At present, Grindwell Norton's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . Grindwell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.3 K | 50 Day MA 2.3 K | Beta 0.51 |
Grindwell |
Sharpe Ratio = -0.1408
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| Negative Returns | GRINDWELL |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grindwell Norton is not performing at its full potential. However, 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 Grindwell Norton by adding Grindwell Norton to a well-diversified portfolio.
Price Book 11.113 | Enterprise Value Ebitda 37.9896 | Price Sales 8.314 | Shares Float 46 M | Wall Street Target Price 2.4 K |
Grindwell Norton Valuation on May 29, 2024
It is possible to determine the worth of Grindwell Norton on a given historical date. On May 29, 2024 Grindwell was worth 2377.08 at the beginning of the trading date compared to the closed value of 2574.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grindwell Norton stock. Still, in general, we apply an absolute valuation method to find Grindwell Norton'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 Grindwell Norton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grindwell Norton's related companies.
| Open | High | Low | Close | Volume | |
| 2,329 | 2,381 | 2,310 | 2,377 | 95,475 | |
05/29/2024 | 2,377 | 2,619 | 2,347 | 2,575 | 1,055,552 |
| 2,575 | 2,760 | 2,464 | 2,492 | 1,106,643 |
| Backtest Grindwell Norton | | | Grindwell Norton History | | | Grindwell Norton Valuation | Previous | Next |
Grindwell Norton Trading Date Momentum on May 29, 2024
| On May 30 2024 Grindwell Norton Limited was traded for 2,492 at the closing time. The highest price during the trading period was 2,760 and the lowest recorded bid was listed for 2,464 . The volume for the day was 1.1 M. This history from May 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.22% . The overall trading delta to the current price is 1.52% . |
Grindwell Norton Fundamentals Correlations and Trends
By evaluating Grindwell Norton'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 Grindwell Norton's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grindwell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grindwell Norton Stock history
Grindwell Norton 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 Grindwell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grindwell Norton 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 Grindwell Norton stock prices may prove useful in developing a viable investing in Grindwell Norton
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110.7 M | 88.6 M | |
| Net Income Applicable To Common Shares | 4.2 B | 4.4 B |
Grindwell Norton Quarterly Net Working Capital |
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Grindwell Norton Stock Technical Analysis
Grindwell Norton 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
Grindwell Norton Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Grindwell Norton Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Grindwell Norton November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Grindwell Norton stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grindwell Norton shares will generate the highest return on investment. By undertsting and applying Grindwell Norton stock market strength indicators, traders can identify Grindwell Norton Limited entry and exit signals to maximize returns
Grindwell Norton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grindwell Norton's price direction in advance. Along with the technical and fundamental analysis of Grindwell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grindwell 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 | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (1.81) |
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| Volume Indicators |
Complementary Tools for Grindwell Stock analysis
When running Grindwell Norton's price analysis, check to measure Grindwell Norton'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 Grindwell Norton is operating at the current time. Most of Grindwell Norton's value examination focuses on studying past and present price action to predict the probability of Grindwell Norton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindwell Norton's price. Additionally, you may evaluate how the addition of Grindwell Norton to your portfolios can decrease your overall portfolio volatility.
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