GRINDWELL Stock Performance

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The company retains a Market Volatility (i.e. Beta) of 0.0, which attests to not very significant volatility relative to the market. Let's try to break down what GRINDWELL's beta means in this case. the returns on MARKET and GRINDWELL NORTON are completely uncorrelated. Although it is extremely important to respect GRINDWELL NORTON current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy in determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing GRINDWELL NORTON technical indicators, you can now evaluate if the expected return of 0.0% will be sustainable into the future. GRINDWELL NORTON currently retains a risk of 0.0%. Please check out GRINDWELL NORTON variance, as well as the relationship between the maximum drawdown and semi variance to decide if GRINDWELL NORTON will be following its current trending patterns.

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GRINDWELL NORTON Risk-Adjusted Performance

Over the last 30 days GRINDWELL NORTON has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, GRINDWELL NORTON is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
Fifty Two Week Low470.45
Fifty Two Week High616.90
Payout Ratio33.20%
Trailing Annual Dividend Yield1.08%

GRINDWELL NORTON Relative Risk vs. Return Landscape

If you would invest (100.00)  in GRINDWELL NORTON on June 4, 2020 and sell it today you would earn a total of  100.00  from holding GRINDWELL NORTON or generate -100.0% return on investment over 30 days. GRINDWELL NORTON is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than GRINDWELL NORTON and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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GRINDWELL NORTON Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average GRINDWELL NORTON is performing at about 0% 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 GRINDWELL NORTON by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

GRINDWELL NORTON is not yet fully synchronised with the market data
GRINDWELL NORTON has some characteristics of a very speculative penny stock
Check out Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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