GRDLY Stock | | | USD 18.00 0.00 0.00% |
If you're considering investing in Grindrod Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Grindrod stands at
18.00, as last reported on the 3rd of December, with the highest price reaching
18.00 and the lowest price hitting
18.00 during the day. At this stage we consider Grindrod Pink Sheet to be very steady.
Grindrod ADR holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirteen
technical indicators for Grindrod ADR, which you can use to evaluate the volatility of the firm. Please check out Grindrod's Mean Deviation of 0.0217,
risk adjusted performance of 0.0187, and Variance of 0.008 to validate if the risk estimate we provide is consistent with the expected return of 0.0115%.
Grindrod Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.126
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Based on monthly moving average Grindrod is performing at about 9% 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
Grindrod by adding it to a
well-diversified portfolio.
Grindrod Pink Sheet Price History Chart
There are several ways to analyze Grindrod Stock price data. The simplest method is using a basic Grindrod candlestick price chart, which shows Grindrod price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on
technical analysis.
Grindrod December 3, 2024 Pink Sheet Price Synopsis
Various analyses of Grindrod's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Grindrod Pink Sheet. It can be used to describe the percentage change in the price of Grindrod from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Grindrod Pink Sheet.
| Grindrod Price Rate Of Daily Change | 1.00 |
Grindrod December 3, 2024 Pink Sheet Price Analysis
When benchmark price declines in a down market, there may be an uptick in Grindrod Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Grindrod intraday prices and daily technical indicators to check the level of noise trading in Grindrod Stock and then apply it to test your longer-term investment strategies against Grindrod.
Grindrod Pink Sheet Price History Data
The price series of Grindrod for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 0.13 with a coefficient of variation of 0.31. Under current investment horizon, the daily prices are spread out with arithmetic mean of 17.97. The median price for the last 90 days is 18.0. The company completed dividends distribution on 2022-12-14.
About Grindrod Pink Sheet history
Grindrod 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 Grindrod is vital when making an investment decision, and regardless of whether you use fundamental or
technical analysis, your return on investment in Grindrod ADR 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 Grindrod
stock prices may prove useful in developing a viable investing in Grindrod
Grindrod Limited, through its subsidiaries, engages in freight services, shipping, and financial services businesses worldwide. This division also provides card solutions preference-share investments and treasury deposits corporate finance products and asset management services, including wealth management services for private clients and institutional fund management services. GRINDROD LTD operates under Integrated Shipping Logistics classification in USA and is traded on OTC Market.
Grindrod Pink Sheet Technical Analysis
Grindrod technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Grindrod technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grindrod 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.
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Grindrod Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grindrod's price direction in advance. Along with the technical and
fundamental analysis of Grindrod Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grindrod 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.
Additional Tools for Grindrod Pink Sheet Analysis
When running Grindrod's price analysis, check to
measure Grindrod'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 Grindrod is operating at the current time. Most of Grindrod's value examination focuses on studying past and present price action to
predict the probability of Grindrod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindrod's price. Additionally, you may evaluate how the addition of Grindrod to your portfolios can decrease your overall portfolio volatility.