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.
Grnges |
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 Price | November 7, 2024 | 135.09 |
Lowest Price | October 3, 2024 | 113.53 |
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
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.Open | High | Low | Close | Volume | ||
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.
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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.
Risk Adjusted Performance | 0.0192 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0475 |
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
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.