Grom Social Enterprises Price on June 4, 2024
GROMDelisted Stock | USD 0.05 0 2.22% |
If you're considering investing in Grom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grom Social stands at 0.05, as last reported on the 1st of December, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. We have found twenty-four technical indicators for Grom Social Enterprises, which you can use to evaluate the volatility of the firm. Please check out Grom Social's Market Risk Adjusted Performance of 0.8334, risk adjusted performance of (0.20), and Standard Deviation of 10.64 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Grom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Grom Social 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 Grom Social by adding Grom Social to a well-diversified portfolio.
Grom Social Main Headline on 4th of June 2024
Groms Top Draw Animation to Showcase Premium 2D Animation Pr... by finance.yahoo.com
Led by Newly-Installed COO, Cyrus Mistry, Top Draw Offers Award-winning Team, Tax Incentives, and Preferred Partnerships for Clients at Annual Animation ConferenceBOCA RATON, Fla., June 04, 2024 -- Grom Social Enterprises Inc. confirmed today that its subsidiary, Top Draw Animation , will present its award-winning animation production services to leading animation companies during Annecy 2024, the annual gathering of leadi
Grom Social Valuation on June 4, 2024
It is possible to determine the worth of Grom Social on a given historical date. On June 4, 2024 Grom was worth 0.48 at the beginning of the trading date compared to the closed value of 0.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grom Social stock. Still, in general, we apply an absolute valuation method to find Grom Social'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 Grom Social where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grom Social's related companies.
Open | High | Low | Close | Volume | |
0.48 | 0.51 | 0.48 | 0.48 | 12,629 | |
06/04/2024 | 0.48 | 0.51 | 0.48 | 0.49 | 29,507 |
0.50 | 0.50 | 0.48 | 0.48 | 52,431 |
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Grom Social Trading Date Momentum on June 4, 2024
On June 05 2024 Grom Social Enterprises was traded for 0.48 at the closing time. The top price for the day was 0.50 and the lowest listed price was 0.48 . The trading volume for the day was 52.4 K. The trading history from June 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.04% . The overall trading delta against the current closing price is 4.08% . |
Grom Social Enterprises Fundamentals Correlations and Trends
By evaluating Grom Social'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 Grom Social's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grom Social Stock history
Grom Social 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 Grom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grom Social Enterprises 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 Grom Social stock prices may prove useful in developing a viable investing in Grom Social
Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company that focuses on delivering content in the United States. The company was founded in 2012 and is headquartered in Boca Raton, Florida. Grom Social operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 102 people.
Grom Social Stock Technical Analysis
Grom Social 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Grom Social Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Grom Social Enterprises 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.
Grom Social December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Grom Social stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grom Social shares will generate the highest return on investment. By undertsting and applying Grom Social stock market strength indicators, traders can identify Grom Social Enterprises entry and exit signals to maximize returns
Grom Social Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grom Social's price direction in advance. Along with the technical and fundamental analysis of Grom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grom 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 | (0.20) | |||
Jensen Alpha | (2.45) | |||
Total Risk Alpha | (4.68) | |||
Treynor Ratio | 0.8234 |
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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 persons. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Grom Stock
If you are still planning to invest in Grom Social Enterprises 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 Grom Social's history and understand the potential risks before investing.
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