Grieg Seafood (Norway) Price on November 27, 2024
| GSF Stock | NOK 60.80 0.25 0.41% |
If you're considering investing in Grieg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grieg Seafood stands at 60.80, as last reported on the 2nd of December, with the highest price reaching 62.45 and the lowest price hitting 60.20 during the day. Grieg Seafood appears to be very steady, given 3 months investment horizon. Grieg Seafood ASA holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grieg Seafood ASA, which you can use to evaluate the volatility of the firm. Please utilize Grieg Seafood's Market Risk Adjusted Performance of (0.30), risk adjusted performance of 0.0936, and Downside Deviation of 2.71 to validate if our risk estimates are consistent with your expectations.
Grieg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grieg |
Sharpe Ratio = 0.1512
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Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Grieg Seafood is performing at about 11% 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 Grieg Seafood by adding it to a well-diversified portfolio.
Grieg Seafood Valuation on November 27, 2024
It is possible to determine the worth of Grieg Seafood on a given historical date. On November 27, 2024 Grieg was worth 58.0 at the beginning of the trading date compared to the closed value of 60.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grieg Seafood stock. Still, in general, we apply an absolute valuation method to find Grieg Seafood'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 Grieg Seafood where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grieg Seafood's related companies.
| Open | High | Low | Close | Volume | |
| 63.50 | 63.60 | 57.35 | 57.35 | 1,004,700 | |
11/27/2024 | 58.00 | 60.60 | 54.60 | 60.45 | 1,619,605 |
| 61.00 | 61.80 | 59.70 | 60.55 | 507,116 |
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Grieg Seafood Trading Date Momentum on November 27, 2024
| On November 28 2024 Grieg Seafood ASA was traded for 60.55 at the closing time. The maximum traded price for the trading interval was 61.80 and the lowest daily price was 59.70 . The daily volume was recorded at 507.1 K. The volume of trading on 28th of November 2024 played a part in the next trading day price upswing. The overall trading delta to the next closing price was 0.17% . The overall trading delta to the closing price today is 0.41% . |
Grieg Seafood ASA Fundamentals Correlations and Trends
By evaluating Grieg Seafood'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 Grieg Seafood's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grieg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grieg Seafood Stock history
Grieg Seafood 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 Grieg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grieg Seafood ASA 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 Grieg Seafood stock prices may prove useful in developing a viable investing in Grieg Seafood
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company. Grieg Seafood ASA was founded in 1884 and is headquartered in Bergen, Norway. GRIEG SEAFOOD operates under Packaged Foods classification in Norway and is traded on Oslo Stock Exchange. It employs 669 people.
Grieg Seafood Stock Technical Analysis
Grieg Seafood 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
Grieg Seafood Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Grieg Seafood ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Grieg Seafood December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Grieg Seafood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grieg Seafood shares will generate the highest return on investment. By undertsting and applying Grieg Seafood stock market strength indicators, traders can identify Grieg Seafood ASA entry and exit signals to maximize returns
Grieg Seafood Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grieg Seafood's price direction in advance. Along with the technical and fundamental analysis of Grieg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grieg 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 | 0.0936 | |||
| Jensen Alpha | 0.4386 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0679 | |||
| Treynor Ratio | (0.31) |
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Other Information on Investing in Grieg Stock
Grieg Seafood financial ratios help investors to determine whether Grieg Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grieg with respect to the benefits of owning Grieg Seafood security.