Greenlight Change To Netincome from 2010 to 2024

GLRE Stock  USD 15.08  0.01  0.07%   
Greenlight Capital's Change To Netincome is increasing over the years with stable fluctuation. Overall, Change To Netincome is expected to go to about 1.1 M this year. During the period from 2010 to 2024 Greenlight Capital Change To Netincome annual values regression line had coefficient of variation of (927.81) and r-squared of  0.06. View All Fundamentals
 
Change To Netincome  
First Reported
2012-03-31
Previous Quarter
-35.8 M
Current Value
7.6 M
Quarterly Volatility
65.1 M
 
Yuan Drop
 
Covid
Check Greenlight Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenlight Capital's main balance sheet or income statement drivers, such as Interest Expense of 8.4 M, Total Revenue of 231.8 K or Gross Profit of 231.8 K, as well as many indicators such as Price To Sales Ratio of 1.7 K, Dividend Yield of 0.0 or PTB Ratio of 1.1. Greenlight financial statements analysis is a perfect complement when working with Greenlight Capital Valuation or Volatility modules.
  
Check out the analysis of Greenlight Capital Correlation against competitors.

Latest Greenlight Capital's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Greenlight Capital Re over the last few years. It is Greenlight Capital's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenlight Capital's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Pretty Stable
   Change To Netincome   
       Timeline  

Greenlight Change To Netincome Regression Statistics

Arithmetic Mean(15,031,554)
Coefficient Of Variation(927.81)
Mean Deviation84,478,416
Median(14,960,000)
Standard Deviation139,463,849
Sample Variance19450.2T
Range579.9M
R-Value0.25
Mean Square Error19603.9T
R-Squared0.06
Significance0.36
Slope7,894,654
Total Sum of Squares272302.3T

Greenlight Change To Netincome History

20241.1 M
20231.1 M
2022939 K
2021-30.5 M
2020-15 M
20199.2 M
2018274.3 M

About Greenlight Capital Financial Statements

Greenlight Capital stakeholders use historical fundamental indicators, such as Greenlight Capital's Change To Netincome, to determine how well the company is positioned to perform in the future. Although Greenlight Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Greenlight Capital's assets and liabilities are reflected in the revenues and expenses on Greenlight Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Greenlight Capital Re. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome1.1 M1.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital'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 Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:
Check out the analysis of Greenlight Capital Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Reinsurance space 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 Greenlight Capital. If investors know Greenlight 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 Greenlight Capital 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
1.59
Earnings Share
2.53
Revenue Per Share
20.548
Quarterly Revenue Growth
0.079
Return On Assets
0.033
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital'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 Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital'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 Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital'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.