Grifols Sa Adr Stock Technical Analysis

GRFS Stock  USD 6.48  0.18  2.86%   
As of the 24th of April, Grifols SA retains the Market Risk Adjusted Performance of 0.0733, downside deviation of 5.76, and Risk Adjusted Performance of 0.0131. Grifols SA 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 Grifols SA ADR, which can be compared to its competitors. Please check out Grifols SA ADR information ratio, as well as the relationship between the potential upside and kurtosis to decide if Grifols SA is priced fairly, providing market reflects its last-minute price of 6.48 per share. Given that Grifols SA ADR has jensen alpha of (0.01), we strongly advise you to confirm Grifols SA ADR's regular market performance to make sure the company can sustain itself at a future point.

Grifols SA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Grifols, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Grifols
  
Grifols SA'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.

Grifols SA Analyst Consensus

Target PriceAdvice# of Analysts
16.31Strong Buy3Odds
Grifols SA ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Grifols 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 Grifols stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Grifols SA ADR, talking to its executives and customers, or listening to Grifols conference calls.
Grifols Analyst Advice Details
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.
A focus of Grifols SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grifols SA 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...

Grifols SA ADR Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Grifols SA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Grifols SA ADR Trend Analysis

Use this graph to draw trend lines for Grifols SA ADR. You can use it to identify possible trend reversals for Grifols SA 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 Grifols SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Grifols SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Grifols SA ADR applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Grifols SA ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 61.56, which is the sum of squared deviations for the predicted Grifols SA price change compared to its average price change.

About Grifols SA 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 Grifols SA ADR 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 Grifols SA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Grifols SA ADR price pattern first instead of the macroeconomic environment surrounding Grifols SA ADR. By analyzing Grifols SA'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 Grifols SA'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 Grifols SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03851.1E-49.9E-59.4E-5
Price To Sales Ratio1.360.891.081.02

Grifols SA April 24, 2024 Technical Indicators

Most technical analysis of Grifols 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 Grifols from various momentum indicators to cycle indicators. When you analyze Grifols 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.

Grifols SA April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Grifols stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Grifols SA ADR is a strong investment it is important to analyze Grifols SA'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 Grifols SA's future performance. For an informed investment choice regarding Grifols 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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.
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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.
Quarterly Earnings Growth
1.787
Earnings Share
0.1
Revenue Per Share
4.849
Quarterly Revenue Growth
0.033
Return On Assets
0.0214
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.