Grnges AB (Sweden) Price History

GRNG Stock  SEK 125.80  1.80  1.45%   
If you're considering investing in Grnges Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grnges AB stands at 125.80, as last reported on the 28th of November, with the highest price reaching 127.40 and the lowest price hitting 123.50 during the day. Currently, Grnges AB is very steady. Grnges AB holds Efficiency (Sharpe) Ratio of 0.0093, which attests that the entity had a 0.0093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grnges AB, which you can use to evaluate the volatility of the firm. Please check out Grnges AB's Market Risk Adjusted Performance of 0.0575, downside deviation of 1.95, and Risk Adjusted Performance of 0.0192 to validate if the risk estimate we provide is consistent with the expected return of 0.0187%.
  
Grnges Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0093

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Grnges AB 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 Grnges AB by adding Grnges AB to a well-diversified portfolio.

Grnges AB Stock Price History Chart

There are several ways to analyze Grnges Stock price data. The simplest method is using a basic Grnges candlestick price chart, which shows Grnges AB 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.
Highest PriceNovember 7, 2024135.09
Lowest PriceOctober 3, 2024113.53

Grnges AB November 28, 2024 Stock Price Synopsis

Various analyses of Grnges AB's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Grnges Stock. It can be used to describe the percentage change in the price of Grnges AB from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Grnges Stock.
Grnges AB Price Action Indicator 1.25 
Grnges AB Price Rate Of Daily Change 1.01 
Grnges AB Price Daily Balance Of Power 0.46 

Grnges AB November 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Grnges 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 Grnges AB intraday prices and daily technical indicators to check the level of noise trading in Grnges Stock and then apply it to test your longer-term investment strategies against Grnges.

Grnges Stock Price History Data

The price series of Grnges AB for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 21.56 with a coefficient of variation of 3.6. Under current investment horizon, the daily prices are spread out with arithmetic mean of 122.01. The median price for the last 90 days is 121.84. The company completed 1208:1071 stock split on 24th of November 2020. Grnges AB completed dividends distribution on 2022-05-05.
OpenHighLowCloseVolume
11/28/2024
 124.00  127.40  123.50  125.80 
11/27/2024 124.00  127.40  123.50  125.80  79,004 
11/26/2024 122.60  125.30  121.70  124.00  563,849 
11/25/2024 118.30  123.50  118.30  121.20  158,156 
11/22/2024 118.20  119.50  116.60  117.80  90,979 
11/21/2024 121.00  122.50  117.00  118.40  102,674 
11/20/2024 121.00  123.10  120.50  120.50  73,083 
11/19/2024 124.00  125.00  119.20  121.10  102,418 
11/18/2024 127.00  127.30  124.00  124.30  52,493 
11/15/2024 126.80  127.80  125.90  126.80  41,980 
11/14/2024 126.50  127.60  125.60  126.80  63,306 
11/13/2024 129.60  130.00  126.20  127.60  46,991 
11/12/2024 131.50  131.80  129.20  129.60  59,350 
11/11/2024 133.20  133.90  131.50  131.50  53,254 
11/08/2024 135.09  135.78  133.61  134.10  102,653 
11/07/2024 127.57  135.39  127.47  135.09  134,440 
11/06/2024 124.31  128.56  123.82  127.47  1,122,926 
11/05/2024 122.53  124.90  121.84  124.11  70,566 
11/04/2024 122.63  124.01  121.84  122.13  69,091 
11/01/2024 124.41  124.61  121.64  122.63  40,287 
10/31/2024 119.86  125.40  119.27  124.41  123,287 
10/30/2024 125.60  125.60  119.86  119.86  96,777 
10/29/2024 121.84  125.89  121.74  124.31  178,837 
10/28/2024 123.72  125.00  121.24  121.84  49,176 
10/25/2024 124.71  126.29  120.75  123.72  142,581 
10/24/2024 116.50  127.08  116.50  124.51  181,826 
10/23/2024 118.57  118.57  116.30  116.50  54,708 
10/22/2024 119.07  119.07  116.40  118.87  61,617 
10/21/2024 117.68  120.06  117.39  118.67  81,592 
10/18/2024 115.61  118.97  115.61  117.68  78,021 
10/17/2024 118.18  118.18  116.00  116.20  37,232 
10/16/2024 120.85  120.85  117.39  117.98  56,533 
10/15/2024 119.66  120.85  117.78  120.85  84,533 
10/14/2024 118.57  119.17  117.68  119.17  66,133 
10/11/2024 117.58  118.57  116.69  118.47  35,631 
10/10/2024 116.89  117.19  115.80  117.19  67,207 
10/09/2024 116.00  116.99  114.91  116.89  59,270 
10/08/2024 113.73  117.39  112.74  116.69  250,932 
10/07/2024 116.20  116.20  113.53  115.01  234,149 
10/04/2024 113.53  116.79  113.53  115.01  150,137 
10/03/2024 116.69  117.49  113.43  113.53  96,654 
10/02/2024 118.97  119.07  117.29  117.78  62,702 
10/01/2024 120.45  121.94  118.57  118.97  41,847 
09/30/2024 123.22  123.22  119.36  120.45  84,711 
09/27/2024 121.54  122.83  121.44  122.04  55,496 
09/26/2024 120.35  122.13  119.56  121.84  163,767 
09/25/2024 118.67  120.45  118.47  119.46  61,270 
09/24/2024 119.36  122.73  118.77  118.87  290,857 
09/23/2024 122.33  122.33  118.18  119.36  143,815 
09/20/2024 126.68  126.68  121.74  122.33  166,406 
09/19/2024 125.60  127.28  125.60  126.68  63,313 
09/18/2024 126.09  126.09  124.21  124.61  72,594 
09/17/2024 125.99  126.49  124.61  126.19  57,015 
09/16/2024 124.11  125.20  123.52  124.80  59,981 
09/13/2024 124.01  124.41  123.12  124.11  16,158 
09/12/2024 122.03  125.00  121.94  122.63  134,611 
09/11/2024 122.53  124.41  121.54  122.04  167,071 
09/10/2024 120.35  121.94  119.86  120.85  83,933 
09/09/2024 118.77  122.13  118.77  119.86  58,969 
09/06/2024 120.06  120.06  117.39  118.67  81,396 
09/05/2024 120.65  120.65  116.69  118.18  137,540 

About Grnges AB Stock history

Grnges AB 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 Grnges is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grnges AB 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 Grnges AB stock prices may prove useful in developing a viable investing in Grnges AB
Grnges AB develops, produces, and distributes rolled aluminum materials for brazed heat exchanger and niche applications in Europe, Asia, and the Americas. The company was founded in 1896 and is headquartered in Stockholm, Sweden. Grnges AB operates under Non-ferrous Metals Production And Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1800 people.

Grnges AB Stock Technical Analysis

Grnges AB 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 Grnges AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grnges AB 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...

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Grnges AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grnges AB's price direction in advance. Along with the technical and fundamental analysis of Grnges Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grnges 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 Grnges Stock Analysis

When running Grnges AB's price analysis, check to measure Grnges AB'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 Grnges AB is operating at the current time. Most of Grnges AB's value examination focuses on studying past and present price action to predict the probability of Grnges AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grnges AB's price. Additionally, you may evaluate how the addition of Grnges AB to your portfolios can decrease your overall portfolio volatility.