Gran Tierra Energy Stock Price on May 9, 2023
| GTE Stock | USD 8.08 0.01 0.12% |
Below is the normalized historical share price chart for Gran Tierra Energy extending back to November 14, 2005. 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 Gran Tierra stands at 8.08, as last reported on the 16th of April 2024, with the highest price reaching 8.15 and the lowest price hitting 7.95 during the day.
If you're considering investing in Gran Stock, it is important to understand the factors that can impact its price. Gran Tierra appears to be somewhat reliable, given 3 months investment horizon. Gran Tierra Energy holds Efficiency (Sharpe) Ratio of 0.29, which attests that the entity had a 0.29% return per unit of standard deviation over the last 3 months. By evaluating Gran Tierra's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Gran Tierra's market risk adjusted performance of 0.5144, and Risk Adjusted Performance of 0.1632 to validate if our risk estimates are consistent with your expectations.
At present, Gran Tierra's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.02, whereas Common Stock Shares Outstanding is forecasted to decline to about 30.2 M. . At present, Gran Tierra's Price To Operating Cash Flows Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 21.76, whereas Price Earnings Ratio is projected to grow to (28.52). Gran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of December 2005 | 200 Day MA 6.147 | 50 Day MA 6.1926 | Beta 1.63 |
Gran |
Sharpe Ratio = 0.2917
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Gran Tierra is performing at about 22% of its full potential. 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 Gran Tierra by adding it to a well-diversified portfolio.
Price Book 0.6595 | Enterprise Value Ebitda 2.0351 | Price Sales 0.4137 | Shares Float 29.1 M | Wall Street Target Price 12.28 |
Gran Tierra Valuation on May 9, 2023
It is possible to determine the worth of Gran Tierra on a given historical date. On May 9, 2023 Gran was worth 6.33 at the beginning of the trading date compared to the closed value of 6.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gran Tierra stock. Still, in general, we apply an absolute valuation method to find Gran Tierra'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 Gran Tierra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gran Tierra's related companies.
| Open | High | Low | Close | Volume | |
| 6.35 | 6.55 | 6.26 | 6.27 | 603,060 | |
05/09/2023 | 6.33 | 6.34 | 6.03 | 6.24 | 543,297 |
| 6.24 | 6.27 | 5.75 | 5.80 | 793,874 |
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Gran Tierra Trading Date Momentum on May 9, 2023
| On May 10 2023 Gran Tierra Energy was traded for 5.80 at the closing time. Highest Gran Tierra's price during the trading hours was 6.27 and the lowest price during the day was 5.75 . The net volume was 793.9 K. The overall trading history on the 10th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 7.05% . The overall trading delta to current price is 4.65% . |
Gran Tierra Energy Fundamentals Correlations and Trends
By evaluating Gran Tierra'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 Gran Tierra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gran financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gran Tierra Stock history
Gran Tierra 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 Gran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gran Tierra Energy 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 Gran Tierra stock prices may prove useful in developing a viable investing in Gran Tierra
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.5 M | 30.2 M | |
| Net Income Applicable To Common Shares | 125.1 M | 131.4 M |
Gran Tierra Stock Technical Analysis
Gran Tierra 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
Gran Tierra Period Price Range
Low | May 9, 2023
| High |
6.33 | 6.24 |
Gran Tierra April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Gran Tierra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gran Tierra shares will generate the highest return on investment. By undertsting and applying Gran Tierra stock market strength indicators, traders can identify Gran Tierra Energy entry and exit signals to maximize returns
| Accumulation Distribution | 26565.0 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.19 | |||
| Day Typical Price | 6.2 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 1.84 |
Gran Tierra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gran Tierra's price direction in advance. Along with the technical and fundamental analysis of Gran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gran 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 | 0.1632 | |||
| Jensen Alpha | 0.6328 | |||
| Total Risk Alpha | 0.4635 | |||
| Sortino Ratio | 0.2523 | |||
| Treynor Ratio | 0.5044 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Gran Tierra's price analysis, check to measure Gran Tierra'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 Gran Tierra is operating at the current time. Most of Gran Tierra's value examination focuses on studying past and present price action to predict the probability of Gran Tierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gran Tierra's price. Additionally, you may evaluate how the addition of Gran Tierra to your portfolios can decrease your overall portfolio volatility.
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Is Gran Tierra'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 Gran Tierra. If investors know Gran 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 Gran Tierra 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 (0.74) | Earnings Share (0.19) | Revenue Per Share 19.031 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0818 |
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra'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 Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra'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 Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra'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.