Griffon Stock Technical Analysis

GFF Stock  USD 65.20  0.06  0.09%   
As of the 19th of April, Griffon retains the Risk Adjusted Performance of 0.0664, downside deviation of 2.02, and Market Risk Adjusted Performance of 0.1354. Griffon technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Griffon, which can be compared to its competitors. Please check out Griffon standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Griffon is priced fairly, providing market reflects its last-minute price of 65.2 per share. Given that Griffon has jensen alpha of 0.111, we strongly advise you to confirm Griffon's regular market performance to make sure the company can sustain itself at a future point.

Griffon Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Griffon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Griffon
  
Griffon's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Griffon Analyst Consensus

Target PriceAdvice# of Analysts
56.8Strong Buy6Odds
Griffon current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Griffon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Griffon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Griffon, talking to its executives and customers, or listening to Griffon conference calls.
Griffon Analyst Advice Details
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...

Griffon Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Griffon volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Griffon Trend Analysis

Use this graph to draw trend lines for Griffon. You can use it to identify possible trend reversals for Griffon as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Griffon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Griffon Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Griffon applied against its price change over selected period. The best fit line has a slop of   0.15  , which may imply that Griffon will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 884.7, which is the sum of squared deviations for the predicted Griffon price change compared to its average price change.

About Griffon Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Griffon on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Griffon based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Griffon price pattern first instead of the macroeconomic environment surrounding Griffon. By analyzing Griffon's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Griffon's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Griffon specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0830.06470.05830.0612
Price To Sales Ratio0.540.770.690.73

Griffon April 19, 2024 Technical Indicators

Most technical analysis of Griffon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Griffon from various momentum indicators to cycle indicators. When you analyze Griffon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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
0.5
Earnings Share
1.36
Revenue Per Share
52.362
Quarterly Revenue Growth
(0.01)
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.