Gran Tierra Energy Stock Price on February 6, 2024
| GTE Stock | CAD 6.65 0.11 1.63% |
If you're considering investing in Gran Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gran Tierra stands at 6.65, as last reported on the 26th of February, with the highest price reaching 6.88 and the lowest price hitting 6.59 during the day. Gran Tierra Energy holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15 % return per unit of standard deviation over the last 3 months. Gran Tierra Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gran Tierra's risk adjusted performance of (0.10), and Market Risk Adjusted Performance of 3.67 to validate the risk estimate we provide.
Gran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gran |
Sharpe Ratio = -0.1494
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gran Tierra 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 Gran Tierra by adding Gran Tierra to a well-diversified portfolio.
Gran Tierra Valuation on February 6, 2024
It is possible to determine the worth of Gran Tierra on a given historical date. On February 6, 2024 Gran was worth 6.59 at the beginning of the trading date compared to the closed value of 6.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gran Tierra stock. Still, in general, we apply an absolute valuation method to find Gran Tierra'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 Gran Tierra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gran Tierra's related companies.
| Open | High | Low | Close | Volume | |
| 6.84 | 6.84 | 6.57 | 6.62 | 47,400 | |
02/06/2024 | 6.59 | 6.80 | 6.56 | 6.70 | 40,100 |
| 6.71 | 6.82 | 6.64 | 6.73 | 35,200 |
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Gran Tierra Trading Date Momentum on February 6, 2024
| On February 07 2024 Gran Tierra Energy was traded for 6.73 at the closing time. The maximum traded price for the trading interval was 6.82 and the lowest daily price was 6.64 . The daily volume was recorded at 35.2 K. The volume of trading on 7th of February 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.45% . The overall trading delta to the closing price today is 7.16% . |
Gran Tierra Energy Fundamentals Correlations and Trends
By evaluating Gran Tierra'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 Gran Tierra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gran financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gran Tierra Stock history
Gran Tierra 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 Gran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gran Tierra Energy 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 Gran Tierra stock prices may prove useful in developing a viable investing in Gran Tierra
Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada. GRAN TIERRA operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 362 people.
Gran Tierra Stock Technical Analysis
Gran Tierra 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
Gran Tierra Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Gran Tierra Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Gran Tierra February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Gran Tierra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gran Tierra shares will generate the highest return on investment. By undertsting and applying Gran Tierra stock market strength indicators, traders can identify Gran Tierra Energy entry and exit signals to maximize returns
Gran Tierra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gran Tierra's price direction in advance. Along with the technical and fundamental analysis of Gran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gran 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 | (0.10) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 3.66 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.