Growthpoint Properties (South Africa) Price on October 2, 2024
GRT Stock | 1,314 3.00 0.23% |
If you're considering investing in Growthpoint Stock, it is important to understand the factors that can impact its price. As of today, the current price of Growthpoint Properties stands at 1,314, as last reported on the 22nd of November, with the highest price reaching 1,335 and the lowest price hitting 1,314 during the day. Growthpoint Properties holds Efficiency (Sharpe) Ratio of -0.004, which attests that the entity had a -0.004% return per unit of risk over the last 3 months. Growthpoint Properties exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Growthpoint Properties' Downside Deviation of 1.12, market risk adjusted performance of (0.42), and Risk Adjusted Performance of 0.0318 to validate the risk estimate we provide.
Growthpoint Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Growthpoint |
Sharpe Ratio = -0.004
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Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Growthpoint Properties 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 Growthpoint Properties by adding Growthpoint Properties to a well-diversified portfolio.
Growthpoint Properties Valuation on October 2, 2024
It is possible to determine the worth of Growthpoint Properties on a given historical date. On October 2, 2024 Growthpoint was worth 1353.91 at the beginning of the trading date compared to the closed value of 1336.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Growthpoint Properties stock. Still, in general, we apply an absolute valuation method to find Growthpoint Properties' 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 Growthpoint Properties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Growthpoint Properties' related companies.
Open | High | Low | Close | Volume | |
1,370 | 1,370 | 1,328 | 1,344 | 18,388,859 | |
10/02/2024 | 1,354 | 1,354 | 1,322 | 1,337 | 7,757,479 |
1,335 | 1,341 | 1,318 | 1,336 | 7,686,701 |
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Growthpoint Properties Trading Date Momentum on October 2, 2024
On October 03 2024 Growthpoint Properties was traded for 1,336 at the closing time. The highest price during the trading period was 1,341 and the lowest recorded bid was listed for 1,318 . The volume for the day was 7.7 M. This history from October 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.07% . The overall trading delta to the current price is 0.72% . |
Growthpoint Properties Fundamentals Correlations and Trends
By evaluating Growthpoint Properties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Growthpoint Properties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Growthpoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Growthpoint Properties Stock history
Growthpoint Properties 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 Growthpoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Growthpoint Properties 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 Growthpoint Properties stock prices may prove useful in developing a viable investing in Growthpoint Properties
Growthpoint Properties Stock Technical Analysis
Growthpoint Properties 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
Growthpoint Properties Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Growthpoint Properties cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Growthpoint Properties November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Growthpoint Properties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Growthpoint Properties shares will generate the highest return on investment. By undertsting and applying Growthpoint Properties stock market strength indicators, traders can identify Growthpoint Properties entry and exit signals to maximize returns
Growthpoint Properties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Growthpoint Properties' price direction in advance. Along with the technical and fundamental analysis of Growthpoint Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Growthpoint 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 | 0.0318 | |||
Jensen Alpha | 0.0401 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.43) |
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Complementary Tools for Growthpoint Stock analysis
When running Growthpoint Properties' price analysis, check to measure Growthpoint Properties' 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 Growthpoint Properties is operating at the current time. Most of Growthpoint Properties' value examination focuses on studying past and present price action to predict the probability of Growthpoint Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Growthpoint Properties' price. Additionally, you may evaluate how the addition of Growthpoint Properties to your portfolios can decrease your overall portfolio volatility.
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