Grand River Commerce Stock Technical Analysis
| GNRV Stock | USD 2.90 0.01 0.35% |
As of the 23rd of November, Grand River retains the risk adjusted performance of 0.0555, and Market Risk Adjusted Performance of 0.6744. Grand River technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Grand River Commerce, which can be compared to its competitors. Please check out Grand River Commerce standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Grand River is priced fairly, providing market reflects its last-minute price of 2.9 per share. Please also validate Grand River Commerce total risk alpha, which is currently at (0.28) to confirm the company can sustain itself at a future point.
Grand River Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grand, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrandGrand |
Grand River technical otc 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, otc market cycles, or different charting patterns.
Grand River Commerce Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grand River Commerce volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grand River Commerce Trend Analysis
Use this graph to draw trend lines for Grand River Commerce. You can use it to identify possible trend reversals for Grand River as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Grand River price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Grand River Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Grand River Commerce applied against its price change over selected period. The best fit line has a slop of 0.0052 , which may suggest that Grand River Commerce market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.03, which is the sum of squared deviations for the predicted Grand River price change compared to its average price change.About Grand River Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Grand River Commerce on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Grand River Commerce based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Grand River Commerce price pattern first instead of the macroeconomic environment surrounding Grand River Commerce. By analyzing Grand River's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Grand River's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Grand River specific price patterns or momentum indicators. Please read more on our technical analysis page.
Grand River November 23, 2024 Technical Indicators
Most technical analysis of Grand help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Grand from various momentum indicators to cycle indicators. When you analyze Grand charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0555 | |||
| Market Risk Adjusted Performance | 0.6744 | |||
| Mean Deviation | 1.39 | |||
| Semi Deviation | 2.33 | |||
| Downside Deviation | 6.34 | |||
| Coefficient Of Variation | 1590.38 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.85 | |||
| Information Ratio | 0.0162 | |||
| Jensen Alpha | 0.136 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0072 | |||
| Treynor Ratio | 0.6644 | |||
| Maximum Drawdown | 18.72 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 5.28 | |||
| Downside Variance | 40.21 | |||
| Semi Variance | 5.45 | |||
| Expected Short fall | (3.23) | |||
| Skewness | (1.13) | |||
| Kurtosis | 6.64 |
Additional Tools for Grand OTC Stock Analysis
When running Grand River's price analysis, check to measure Grand River'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 Grand River is operating at the current time. Most of Grand River's value examination focuses on studying past and present price action to predict the probability of Grand River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand River's price. Additionally, you may evaluate how the addition of Grand River to your portfolios can decrease your overall portfolio volatility.