Griffon Stock Price on September 30, 2023

GFF Stock  USD 66.10  1.75  2.58%   
Below is the normalized historical share price chart for Griffon extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Griffon stands at 66.10, as last reported on the 23rd of May, with the highest price reaching 67.95 and the lowest price hitting 65.92 during the day.
IPO Date
3rd of May 1973
200 Day MA
55.2937
50 Day MA
69.5546
Beta
1.401
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Griffon Stock, it is important to understand the factors that can impact its price. Griffon holds Efficiency (Sharpe) Ratio of -0.0153, which attests that the entity had a -0.0153% return per unit of risk over the last 3 months. Griffon exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Griffon's Risk Adjusted Performance of 0.0031, market risk adjusted performance of (0), and Standard Deviation of 2.05 to validate the risk estimate we provide.
  
At this time, Griffon's Common Stock is most likely to increase significantly in the upcoming years. The Griffon's current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Other Stockholder Equity is projected to decrease to roughly 92.9 M. . At this time, Griffon's Price Book Value Ratio is most likely to slightly grow in the upcoming years. The Griffon's current Price To Operating Cash Flows Ratio is estimated to increase to 8.21, while Price Earnings To Growth Ratio is forecasted to increase to (0.18). Griffon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0153

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Griffon 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 Griffon by adding Griffon to a well-diversified portfolio.
Price Book
11.7257
Enterprise Value Ebitda
17.9827
Price Sales
1.2475
Shares Float
40.7 M
Dividend Share
0.55

Griffon Valuation on September 30, 2023

It is possible to determine the worth of Griffon on a given historical date. On September 30, 2023 Griffon was worth 41.1 at the beginning of the trading date compared to the closed value of 39.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Griffon stock. Still, in general, we apply an absolute valuation method to find Griffon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Griffon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Griffon's related companies.
 Open High Low Close Volume
  40.07    41.00    40.07    40.61    389,195  
09/29/2023
  41.10    41.21    39.46    39.46    368,333  
  39.29    40.07    39.29    39.33    336,376  
Backtest Griffon  |  Griffon History  |  Griffon Valuation   PreviousNext  
Open Value
41.1
39.46
Closing Value
47.28
Upside

Griffon Trading Date Momentum on September 30, 2023

On October 02 2023 Griffon was traded for  39.33  at the closing time. Highest Griffon's price during the trading hours was 40.07  and the lowest price during the day was  39.29 . The net volume was 336.4 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.33% . The overall trading delta to current price is 0.66% .

Griffon Fundamentals Correlations and Trends

By evaluating Griffon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Griffon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Griffon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Griffon Stock history

Griffon 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 Griffon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Griffon 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 Griffon stock prices may prove useful in developing a viable investing in Griffon
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.8 M46.3 M
Net Income Applicable To Common Shares69.9 M73.3 M

Griffon Quarterly Net Working Capital

645.43 Million

Griffon Stock Technical Analysis

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

Price Boundaries

Griffon Period Price Range

Low
September 29, 2023
-1.64  -3.99%
High

 41.10 

     

 39.46 

Griffon May 23, 2024 Market Strength

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

Griffon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Griffon's price direction in advance. Along with the technical and fundamental analysis of Griffon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Griffon 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.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
Note that the Griffon information on this page should be used as a complementary analysis to other Griffon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Griffon Stock analysis

When running Griffon's price analysis, check to measure Griffon'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 Griffon is operating at the current time. Most of Griffon's value examination focuses on studying past and present price action to predict the probability of Griffon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Griffon's price. Additionally, you may evaluate how the addition of Griffon to your portfolios can decrease your overall portfolio volatility.
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Is Griffon's industry 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
0.55
Earnings Share
3.68
Revenue Per Share
52.934
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.