Griffon Stock Forecast - Accumulation Distribution
| GFF Stock | USD 67.88 2.11 3.01% |
Griffon Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Griffon's historical fundamentals, such as revenue growth or operating cash flow patterns.
Griffon |
Open Interest Against 2024-10-18 Griffon Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Griffon's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Griffon's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Griffon stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Griffon's open interest, investors have to compare it to Griffon's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Griffon is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Griffon. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 12281.59 | 7962.46 |
| Check Griffon Volatility | Backtest Griffon | Trend Details |
Griffon Trading Date Momentum
| On September 16 2022 Griffon was traded for 29.13 at the closing time. Highest Griffon's price during the trading hours was 29.66 and the lowest price during the day was 28.78 . The net volume was 670.4 K. The overall trading history on the 16th of September 2022 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.09% . The overall trading delta to current price is 1.80% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Griffon to competition |
Other Forecasting Options for Griffon
For every potential investor in Griffon, whether a beginner or expert, Griffon's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Griffon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Griffon. Basic forecasting techniques help filter out the noise by identifying Griffon's price trends.Griffon Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Griffon stock to make a market-neutral strategy. Peer analysis of Griffon could also be used in its relative valuation, which is a method of valuing Griffon by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Griffon Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Griffon's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Griffon's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Griffon Market Strength Events
Market strength indicators help investors to evaluate how Griffon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Griffon shares will generate the highest return on investment. By undertsting and applying Griffon stock market strength indicators, traders can identify Griffon entry and exit signals to maximize returns.
| Accumulation Distribution | 71623.43 | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 69.09 | |||
| Day Typical Price | 68.69 | |||
| Price Action Indicator | (2.27) | |||
| Period Momentum Indicator | (2.11) |
Griffon Risk Indicators
The analysis of Griffon's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Griffon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting griffon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.18 | |||
| Semi Deviation | 4.49 | |||
| Standard Deviation | 3.54 | |||
| Variance | 12.53 | |||
| Downside Variance | 21.01 | |||
| Semi Variance | 20.12 | |||
| Expected Short fall | (2.01) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in Griffon Stock
When determining whether Griffon is a strong investment it is important to analyze Griffon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Griffon to cross-verify your projections. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.575 | Earnings Share 3.71 | Revenue Per Share 53.637 | Quarterly Revenue Growth (0.05) |
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.