Gray Television Stock Price on November 29, 2024
| GTN Stock | USD 4.27 0.04 0.93% |
Below is the normalized historical share price chart for Gray Television extending back to September 24, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gray Television stands at 4.27, as last reported on the 1st of December, with the highest price reaching 4.41 and the lowest price hitting 4.24 during the day.
If you're considering investing in Gray Stock, it is important to understand the factors that can impact its price. Gray Television holds Efficiency (Sharpe) Ratio of -0.0229, which attests that the entity had a -0.0229% return per unit of standard deviation over the last 3 months. Gray Television exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gray Television's risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
At this time, Gray Television's Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 11.2 B, while Common Stock Shares Outstanding is likely to drop about 50.2 M. . At this time, Gray Television's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Free Cash Flows Ratio is likely to grow to 2.89, while Price To Sales Ratio is likely to drop 0.24. Gray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of August 2002 | 200 Day MA 5.5426 | 50 Day MA 5.1766 | Beta 1.475 |
Gray |
Sharpe Ratio = -0.0229
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GTN |
Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gray Television 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 Gray Television by adding Gray Television to a well-diversified portfolio.
Price Book 0.1998 | Enterprise Value Ebitda 6.6084 | Price Sales 0.1309 | Shares Float 82.3 M | Dividend Share 0.32 |
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Gray Television Valuation on November 29, 2024
It is possible to determine the worth of Gray Television on a given historical date. On November 29, 2024 Gray was worth 4.33 at the beginning of the trading date compared to the closed value of 4.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gray Television stock. Still, in general, we apply an absolute valuation method to find Gray Television'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 Gray Television where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gray Television's related companies.
| Open | High | Low | Close | Volume | |
| 4.31 | 4.38 | 4.26 | 4.31 | 793,034 | |
11/29/2024 | 4.33 | 4.41 | 4.24 | 4.27 | 386,889 |
| 4.33 | 4.41 | 4.24 | 4.27 | 0.00 |
| Backtest Gray Television | | | Gray Television History | | | Gray Television Valuation | Previous | Next |
Gray Television Trading Date Momentum on November 29, 2024
| On December 01 2024 Gray Television was traded for 4.27 at the closing time. Highest Gray Television's price during the trading hours was 4.41 and the lowest price during the day was 4.24 . There was no trading activity during the period 0.0. Lack of trading volume on the 1st of December did not cause price change. The overall trading delta to current price is 1.41% . |
Gray Television Fundamentals Correlations and Trends
By evaluating Gray Television'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 Gray Television's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gray financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gray Television Stock history
Gray Television 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 Gray is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gray Television 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 Gray Television stock prices may prove useful in developing a viable investing in Gray Television
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 92 M | 50.2 M | |
| Net Income Applicable To Common Shares | 463.4 M | 486.6 M |
Gray Television Stock Technical Analysis
Gray Television 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
Gray Television Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Gray Television cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Gray Television December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gray Television stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gray Television shares will generate the highest return on investment. By undertsting and applying Gray Television stock market strength indicators, traders can identify Gray Television entry and exit signals to maximize returns
Gray Television Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gray Television's price direction in advance. Along with the technical and fundamental analysis of Gray Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gray 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 | (0.02) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.12) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 10.164 | Dividend Share 0.32 | Earnings Share 1.5 | Revenue Per Share 36.743 | Quarterly Revenue Growth 0.183 |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.