Greenidge Generation Stock Forecast - Rate Of Daily Change

GREE Stock  USD 2.16  0.04  1.89%   
Greenidge Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Greenidge Generation stock prices and determine the direction of Greenidge Generation Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Greenidge Generation's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 93.93, whereas Inventory Turnover is forecasted to decline to 5.13. . As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 4.8 M. The current year's Net Loss is expected to grow to about (38.6 M).
Greenidge Generation Holdings has current Rate Of Daily Change of 1.02. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Greenidge Generation.
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Greenidge Generation Trading Date Momentum

On November 22 2024 Greenidge Generation Holdings was traded for  2.16  at the closing time. The top price for the day was 2.53  and the lowest listed price was  2.07 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The overall trading delta against the current closing price is 1.85% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Greenidge Generation

For every potential investor in Greenidge, whether a beginner or expert, Greenidge Generation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Greenidge Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Greenidge. Basic forecasting techniques help filter out the noise by identifying Greenidge Generation's price trends.

Greenidge Generation Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Greenidge Generation stock to make a market-neutral strategy. Peer analysis of Greenidge Generation could also be used in its relative valuation, which is a method of valuing Greenidge Generation by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Greenidge Generation Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Greenidge Generation's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Greenidge Generation's current price.

Greenidge Generation Market Strength Events

Market strength indicators help investors to evaluate how Greenidge Generation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenidge Generation shares will generate the highest return on investment. By undertsting and applying Greenidge Generation stock market strength indicators, traders can identify Greenidge Generation Holdings entry and exit signals to maximize returns.

Greenidge Generation Risk Indicators

The analysis of Greenidge Generation's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Greenidge Generation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting greenidge stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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 Greenidge Generation is a strong investment it is important to analyze Greenidge Generation'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 Greenidge Generation's future performance. For an informed investment choice regarding Greenidge Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Greenidge Generation to cross-verify your projections.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Asset Management & Custody Banks 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 Greenidge Generation. If investors know Greenidge 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 Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
8.49
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.09)
Return On Equity
(13.71)
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation'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 Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation'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 Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation'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.