Greenwave Technology Solutions Stock Probability of Future Stock Price Finishing Over 0.37
| GWAV Stock | USD 0.70 0.03 3.48% |
Greenwave |
Greenwave Technology Target Price Odds to finish over 0.37
The tendency of Greenwave Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 0.37 in 90 days |
| 0.70 | 90 days | 0.37 | about 69.15 |
Based on a normal probability distribution, the odds of Greenwave Technology to stay above $ 0.37 in 90 days from now is about 69.15 (This Greenwave Technology Solutions probability density function shows the probability of Greenwave Stock to fall within a particular range of prices over 90 days) . Probability of Greenwave Technology price to stay between $ 0.37 and its current price of $0.7 at the end of the 90-day period is about 67.92 .
Given the investment horizon of 90 days Greenwave Technology Solutions has a beta of -0.0637. This usually indicates as returns on the benchmark increase, returns on holding Greenwave Technology are expected to decrease at a much lower rate. During a bear market, however, Greenwave Technology Solutions is likely to outperform the market. Moreover Greenwave Technology Solutions has an alpha of 1.4237, implying that it can generate a 1.42 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Greenwave Technology Price Density |
| Price |
Predictive Modules for Greenwave Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greenwave Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Greenwave Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greenwave Technology is not an exception. The market had few large corrections towards the Greenwave Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Greenwave Technology Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greenwave Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.42 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.12 |
Greenwave Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Greenwave Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greenwave Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greenwave Technology is way too risky over 90 days horizon | |
| Greenwave Technology has some characteristics of a very speculative penny stock | |
| Greenwave Technology appears to be risky and price may revert if volatility continues | |
| Greenwave Technology has high likelihood to experience some financial distress in the next 2 years | |
| Greenwave Technology Solutions currently holds 38.61 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Greenwave Technology has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenwave Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 35.67 M. Net Loss for the year was (26.94 M) with profit before overhead, payroll, taxes, and interest of 803.85 K. | |
| Greenwave Technology Solutions currently holds about 1.57 M in cash with (1.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Greenwave Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 13.0% of Greenwave Technology shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Greenwave Technology Solutions, Inc. Awarded Contract Valued at 15 - 35 Million with Core Tree Care, Inc. for Hurricane Helene Recovery Services |
Greenwave Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Greenwave Stock often depends not only on the future outlook of the current and potential Greenwave Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Greenwave Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87.1 K | |
| Dividends Paid | 5 M | |
| Cash And Short Term Investments | 1.5 M |
Greenwave Technology Technical Analysis
Greenwave Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Greenwave Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greenwave Technology Solutions. In general, you should focus on analyzing Greenwave Stock price patterns and their correlations with different microeconomic environments and drivers.
Greenwave Technology Predictive Forecast Models
Greenwave Technology's time-series forecasting models is one of many Greenwave Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Greenwave Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Greenwave Technology
Checking the ongoing alerts about Greenwave Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greenwave Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greenwave Technology is way too risky over 90 days horizon | |
| Greenwave Technology has some characteristics of a very speculative penny stock | |
| Greenwave Technology appears to be risky and price may revert if volatility continues | |
| Greenwave Technology has high likelihood to experience some financial distress in the next 2 years | |
| Greenwave Technology Solutions currently holds 38.61 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Greenwave Technology has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenwave Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 35.67 M. Net Loss for the year was (26.94 M) with profit before overhead, payroll, taxes, and interest of 803.85 K. | |
| Greenwave Technology Solutions currently holds about 1.57 M in cash with (1.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Greenwave Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 13.0% of Greenwave Technology shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Greenwave Technology Solutions, Inc. Awarded Contract Valued at 15 - 35 Million with Core Tree Care, Inc. for Hurricane Helene Recovery Services |
Additional Tools for Greenwave Stock Analysis
When running Greenwave Technology's price analysis, check to measure Greenwave Technology'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 Greenwave Technology is operating at the current time. Most of Greenwave Technology's value examination focuses on studying past and present price action to predict the probability of Greenwave Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenwave Technology's price. Additionally, you may evaluate how the addition of Greenwave Technology to your portfolios can decrease your overall portfolio volatility.