Gray Television Stock Price on October 29, 2024
| GTNA Stock | USD 7.62 0.24 3.25% |
Below is the normalized historical share price chart for Gray Television extending back to November 05, 1984. 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 7.62, as last reported on the 25th of November, with the highest price reaching 7.78 and the lowest price hitting 7.24 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 appears to be risky, given 3 months investment horizon. Gray Television holds Efficiency (Sharpe) Ratio of 0.0327, which attests that the entity had a 0.0327% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Gray Television, which you can use to evaluate the volatility of the firm. Please utilize Gray Television's risk adjusted performance of 0.017, and Market Risk Adjusted Performance of (0.06) to validate if our risk estimates are consistent with your expectations.
At present, Gray Television's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 13.5 B, whereas Common Stock Total Equity is forecasted to decline to about 101.3 M. . As of November 25, 2024, Price To Sales Ratio is expected to decline to 0.91. In addition to that, Price Earnings Ratio is expected to decline to 8.45. Gray Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gray |
Sharpe Ratio = 0.0327
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Estimated Market Risk
| 7.75 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Gray Television is performing at about 2% 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 Gray Television by adding it to a well-diversified portfolio.
Market Capitalization 852.3 M | Earnings Share 2.3178 |
Gray Television Valuation on October 29, 2024
It is possible to determine the worth of Gray Television on a given historical date. On October 29, 2024 Gray was worth 7.81 at the beginning of the trading date compared to the closed value of 7.81. 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 | |
| 7.76 | 7.81 | 7.76 | 7.81 | 607.00 | |
10/29/2024 | 7.81 | 7.81 | 7.81 | 7.81 | 329.00 |
| 7.82 | 7.96 | 7.82 | 7.91 | 1,570 |
| Backtest Gray Television | | | Gray Television History | | | Gray Television Valuation | Previous | Next |
Gray Television Trading Date Momentum on October 29, 2024
| On October 30 2024 Gray Television was traded for 7.91 at the closing time. The top price for the day was 7.96 and the lowest listed price was 7.82 . The trading volume for the day was 1.6 K. The trading history from October 30, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.28% . The overall trading delta against the current closing price is 2.94% . |
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 | 107 M | 67.4 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 | November 25, 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 November 25, 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 | 0.017 | |||
| Jensen Alpha | 0.1821 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.07) |
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| Volume Indicators |
Complementary Tools for Gray Stock analysis
When running Gray Television's price analysis, check to measure Gray Television's 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 Gray Television is operating at the current time. Most of Gray Television's value examination focuses on studying past and present price action to predict the probability of Gray Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gray Television's price. Additionally, you may evaluate how the addition of Gray Television to your portfolios can decrease your overall portfolio volatility.
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