Gray Television Stock Price on November 20, 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.
 
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Covid
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 market risk adjusted performance of (0.06), and Risk Adjusted Performance of 0.017 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.

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 Main Headline on 20th of November 2024

Gray Television makes progress on debt reduction Seeking Alpha

Gray Television Valuation on November 20, 2024

It is possible to determine the worth of Gray Television on a given historical date. On November 20, 2024 Gray was worth 7.06 at the beginning of the trading date compared to the closed value of 7.41. 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
  7.62    7.62    7.03    7.11    3,709  
11/20/2024
  7.06    7.45    6.62    7.41    7,307  
  7.99    7.99    7.33    7.38    2,960  
Backtest Gray Television  |  Gray Television History  |  Gray Television Valuation   PreviousNext  
Open Value
7.06
7.41
Closing Value
30.31
Upside

Gray Television Trading Date Momentum on November 20, 2024

On November 21 2024 Gray Television was traded for  7.38  at the closing time. The top price for the day was 7.99  and the lowest listed price was  7.33 . The trading volume for the day was 3 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.40% . The overall trading delta against the current closing price is 2.29% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding107 M67.4 M
Net Income Applicable To Common Shares463.4 M486.6 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.
A focus of Gray Television technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gray Television trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gray Television Period Price Range

Low
November 25, 2024
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High

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 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.

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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