Greenlane Operating Cycle from 2010 to 2026
| GRN Stock | CAD 0.22 0.01 4.35% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 113.21 | Current Value 156.1 | Quarterly Volatility 19.11665737 |
Check Greenlane Renewables financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenlane Renewables' main balance sheet or income statement drivers, such as Tax Provision of 944.3 K, Net Interest Income of 391.2 K or Depreciation And Amortization of 1.5 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.63. Greenlane financial statements analysis is a perfect complement when working with Greenlane Renewables Valuation or Volatility modules.
Greenlane | Operating Cycle |
Evaluating Greenlane Renewables's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Greenlane Renewables's fundamental strength.
Latest Greenlane Renewables' Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Greenlane Renewables over the last few years. It is Greenlane Renewables' Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Greenlane Renewables' overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Greenlane Operating Cycle Regression Statistics
| Arithmetic Mean | 140.67 | |
| Geometric Mean | 139.40 | |
| Coefficient Of Variation | 13.59 | |
| Mean Deviation | 10.99 | |
| Median | 141.17 | |
| Standard Deviation | 19.12 | |
| Sample Variance | 365.45 | |
| Range | 87.5038 | |
| R-Value | (0.08) | |
| Mean Square Error | 387.42 | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | (0.30) | |
| Total Sum of Squares | 5,847 |
Greenlane Operating Cycle History
About Greenlane Renewables Financial Statements
Greenlane Renewables investors utilize fundamental indicators, such as Operating Cycle, to predict how Greenlane Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 113.21 | 156.10 |
Pair Trading with Greenlane Renewables
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greenlane Renewables position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greenlane Renewables will appreciate offsetting losses from the drop in the long position's value.Moving together with Greenlane Stock
Moving against Greenlane Stock
| 0.49 | BTE | Baytex Energy Corp | PairCorr |
| 0.48 | BCE | BCE Inc | PairCorr |
| 0.47 | PWF-PA | Power Financial Corp | PairCorr |
| 0.43 | AIM | Aimia Inc | PairCorr |
| 0.42 | TMG | Thermal Energy Inter | PairCorr |
The ability to find closely correlated positions to Greenlane Renewables could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Renewables when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greenlane Renewables - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greenlane Renewables to buy it.
The correlation of Greenlane Renewables is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greenlane Renewables moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Renewables moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greenlane Renewables can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Greenlane Stock
Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.