Griffon Stock Price on May 19, 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.
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 Standard Deviation of 2.05, market risk adjusted performance of (0), and Risk Adjusted Performance of 0.0031 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.
IPO Date 3rd of May 1973 | 200 Day MA 55.2937 | 50 Day MA 69.5546 | Beta 1.401 |
Griffon |
Sharpe Ratio = -0.0153
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GFF |
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 Main Headline on 19th of May 2023
Griffon dividend paid on 19th of May 2023 |
Griffon Valuation on May 19, 2023
It is possible to determine the worth of Griffon on a given historical date. On May 19, 2023 Griffon was worth 33.23 at the beginning of the trading date compared to the closed value of 32.09. 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 | |
| 31.93 | 32.91 | 31.62 | 32.45 | 480,325 | |
05/19/2023 | 33.23 | 33.23 | 31.93 | 32.09 | 529,370 |
| 32.51 | 32.77 | 31.88 | 31.88 | 414,469 |
| Backtest Griffon | | | Griffon History | | | Griffon Valuation | Previous | Next |
Griffon Trading Date Momentum on May 19, 2023
| On May 22 2023 Griffon was traded for 31.88 at the closing time. Highest Griffon's price during the trading hours was 32.77 and the lowest price during the day was 31.88 . The net volume was 414.5 K. The overall trading history on the 22nd of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.65% . The overall trading delta to current price is 0.84% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 62.8 M | 46.3 M | |
| Net Income Applicable To Common Shares | 69.9 M | 73.3 M |
Griffon Quarterly Net Working Capital |
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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.
Price Boundaries
Griffon Period Price Range
Low | May 19, 2023
| High |
33.23 | 32.09 |
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
| Accumulation Distribution | 20709.63 | |||
| Daily Balance Of Power | (0.88) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 32.58 | |||
| Day Typical Price | 32.42 | |||
| Price Action Indicator | (1.06) | |||
| Period Momentum Indicator | 34.01 | |||
| Relative Strength Index | 44.96 |
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.
| Risk Adjusted Performance | 0.0031 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.01) |
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| 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 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.