GRS Price on October 17, 2024
GRS Crypto | USD 0.43 0.03 7.50% |
If you're considering investing in GRS Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of GRS stands at 0.43, as last reported on the 25th of November, with the highest price reaching 0.43 and the lowest price hitting 0.39 during the day. GRS appears to be very risky, given 3 months investment horizon. GRS holds Efficiency (Sharpe) Ratio of 0.16, which attests that digital coin had a 0.16% return per unit of volatility over the last 3 months. By analyzing GRS's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize GRS's risk adjusted performance of 0.1029, and Market Risk Adjusted Performance of 0.3194 to validate if our risk estimates are consistent with your expectations.
GRS Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
GRS |
Sharpe Ratio = 0.1633
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.27 actual daily | 38 62% of assets are more volatile |
Expected Return
0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average GRS is performing at about 12% 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 GRS by adding it to a well-diversified portfolio.
GRS Valuation on October 17, 2024
It is possible to determine the worth of GRS on a given historical date. On October 17, 2024 GRS was worth 0.36 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRS crypto coin. Still, in general, we apply an absolute valuation method to find GRS'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 GRS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRS's related companies.
Open | High | Low | Close | Volume | |
0.37 | 0.37 | 0.36 | 0.36 | 15,261 | |
10/17/2024 | 0.36 | 0.37 | 0.35 | 0.37 | 30,360 |
0.37 | 0.39 | 0.37 | 0.38 | 28,394 |
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GRS Trading Date Momentum on October 17, 2024
On October 18 2024 GRS was traded for 0.38 at the closing time. The maximum traded price for the trading interval was 0.39 and the lowest daily price was 0.37 . The daily volume was recorded at 28.4 K. The volume of trading on 18th of October 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 2.70% . The overall trading delta to the closing price today is 8.11% . |
About GRS Crypto Coin history
GRS 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 GRS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRS 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.
GRS Crypto Coin Technical Analysis
GRS technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
GRS Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
GRS cannot be verified against its exchange. Please verify the symbol is currently traded on CRYPTO Exchanges. 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.
GRS November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how GRS crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GRS shares will generate the highest return on investment.
GRS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRS's price direction in advance. Along with the technical and fundamental analysis of GRS Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRS 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 | 0.1029 | |||
Jensen Alpha | 0.3262 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | 0.0747 | |||
Treynor Ratio | 0.3094 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.