Grifols Sa Adr Stock Price on May 15, 2024
| GRFS Stock | USD 7.20 0.09 1.27% |
If you're considering investing in Grifols Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grifols SA stands at 7.20, as last reported on the 28th of May, with the highest price reaching 7.23 and the lowest price hitting 7.01 during the day. Grifols SA ADR holds Efficiency (Sharpe) Ratio of -0.0401, which attests that the entity had a -0.0401% return per unit of risk over the last 3 months. Grifols SA ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grifols SA's Market Risk Adjusted Performance of (0.22), risk adjusted performance of (0.01), and Standard Deviation of 5.53 to validate the risk estimate we provide.
Grifols Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grifols |
Sharpe Ratio = -0.0401
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GRFS |
Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Grifols SA 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 Grifols SA by adding Grifols SA to a well-diversified portfolio.
Grifols SA Valuation on May 15, 2024
It is possible to determine the worth of Grifols SA on a given historical date. On May 15, 2024 Grifols was worth 7.58 at the beginning of the trading date compared to the closed value of 7.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grifols SA stock. Still, in general, we apply an absolute valuation method to find Grifols SA'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 Grifols SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grifols SA's related companies.
| Open | High | Low | Close | Volume | |
| 7.26 | 7.69 | 6.67 | 7.47 | 3,290,711 | |
05/15/2024 | 7.58 | 7.73 | 7.51 | 7.69 | 1,606,418 |
| 7.55 | 7.70 | 7.51 | 7.67 | 907,654 |
| Backtest Grifols SA | | | Grifols SA History | | | Grifols SA Valuation | Previous | Next |
Grifols SA Trading Date Momentum on May 15, 2024
| On May 16 2024 Grifols SA ADR was traded for 7.67 at the closing time. The top price for the day was 7.70 and the lowest listed price was 7.51 . The trading volume for the day was 907.7 K. The trading history from May 16, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.26% . The overall trading delta against the current closing price is 8.45% . |
Grifols SA ADR Fundamentals Correlations and Trends
By evaluating Grifols SA'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 Grifols SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Grifols financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Grifols SA Stock history
Grifols SA 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 Grifols is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grifols SA ADR 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 Grifols SA stock prices may prove useful in developing a viable investing in Grifols SA
Grifols, S.A. engages in the procurement, manufacture, preparation, and sale of therapeutic products, primarily hemoderivatives. The company was founded in 1940 and is headquartered in Barcelona, Spain. Grifols SA operates under Drug ManufacturersGeneral classification in the United States and is traded on NASDAQ Exchange. It employs 27584 people.
Grifols SA Stock Technical Analysis
Grifols SA 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.
Price Boundaries
Grifols SA Period Price Range
Low | May 15, 2024
| High |
7.58 | 7.69 |
Grifols SA May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Grifols SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grifols SA shares will generate the highest return on investment. By undertsting and applying Grifols SA stock market strength indicators, traders can identify Grifols SA ADR entry and exit signals to maximize returns
| Accumulation Distribution | 45719.53 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.62 | |||
| Day Typical Price | 7.64 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (0.49) |
Grifols SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grifols SA's price direction in advance. Along with the technical and fundamental analysis of Grifols Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grifols 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 | (0.01) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.23) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grifols SA ADR. 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. Note that the Grifols SA ADR information on this page should be used as a complementary analysis to other Grifols SA'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Grifols Stock analysis
When running Grifols SA's price analysis, check to measure Grifols SA'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 Grifols SA is operating at the current time. Most of Grifols SA's value examination focuses on studying past and present price action to predict the probability of Grifols SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grifols SA's price. Additionally, you may evaluate how the addition of Grifols SA to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Grifols SA'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 Grifols SA. If investors know Grifols 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 Grifols SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Grifols SA ADR is measured differently than its book value, which is the value of Grifols that is recorded on the company's balance sheet. Investors also form their own opinion of Grifols SA's value that differs from its market value or its book value, called intrinsic value, which is Grifols SA'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 Grifols SA's market value can be influenced by many factors that don't directly affect Grifols SA'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 Grifols SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grifols SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grifols SA'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.