Greenpower Motor Stock Alpha and Beta Analysis
| GP Stock | USD 0.99 0.02 1.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as GreenPower Motor. It also helps investors analyze the systematic and unsystematic risks associated with investing in GreenPower over a specified time horizon. Remember, high GreenPower's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to GreenPower's market risk premium analysis include:
Beta 0.45 | Alpha 0.39 | Risk 8.06 | Sharpe Ratio 0.0589 | Expected Return 0.47 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
GreenPower |
GreenPower Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. GreenPower market risk premium is the additional return an investor will receive from holding GreenPower long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GreenPower. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate GreenPower's performance over market.| α | 0.39 | β | 0.45 |
GreenPower expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of GreenPower's Buy-and-hold return. Our buy-and-hold chart shows how GreenPower performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.GreenPower Market Price Analysis
Market price analysis indicators help investors to evaluate how GreenPower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GreenPower shares will generate the highest return on investment. By understating and applying GreenPower stock market price indicators, traders can identify GreenPower position entry and exit signals to maximize returns.
GreenPower Return and Market Media
The median price of GreenPower for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.18 with a coefficient of variation of 21.22. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 1.12, and mean deviation of 0.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Discretionary transaction by Atkinson Fraser of tradable shares of GreenPower subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 319500 shares by Thomas Lee M of GreenPower at 15.22 subject to Rule 16b-3 | 09/27/2024 |
3 | The places with the worst GP shortages revealed | 10/01/2024 |
4 | GP Bullhound anuncia los ganadores de los Allstars Awards 2024 | 10/11/2024 |
5 | GreenPower Delivers Four School Buses in Arizona, California and West Virginia with Six Near Term Deliveries Planned | 10/16/2024 |
6 | Disposition of 21300 shares by Paterson David J of GreenPower at 29.47 subject to Rule 16b-3 | 10/23/2024 |
7 | GreenPower Has Generated Hundreds of Tradable Credits And Undertakes Process to Sell its Carbon Credits | 10/25/2024 |
8 | GreenPower Executing Order for 50 All-Electric, Purpose-Built School Buses 18.5 million Awarded By EPA Clean School Bus Program | 10/28/2024 |
9 | Disguised GP jailed for inheritance row poisoning | 11/06/2024 |
10 | GreenPower Provides Business Update and Reports Second Quarter Fiscal 2025 Results - Marketscreener.com | 11/14/2024 |
11 | Disposition of 3407 shares by Bowles Barbara L of GreenPower at 28.1 subject to Rule 16b-3 | 11/15/2024 |
12 | Metal-Air Battery Markets, 2024-2033 with Panasonic Energy, Duracell, ZAF Energy Systems, and GP Batteries Dominating - ResearchAndMarkets.com | 11/19/2024 |
About GreenPower Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including GreenPower or other stocks. Alpha measures the amount that position in GreenPower Motor has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.96 | 4.56 | 11.81 | 12.4 | Days Of Inventory On Hand | 881.21 | 468.08 | 344.51 | 327.29 |
GreenPower Upcoming Company Events
As portrayed in its financial statements, the presentation of GreenPower's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GreenPower's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of GreenPower's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of GreenPower. Please utilize our Beneish M Score to check the likelihood of GreenPower's management manipulating its earnings.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 12th of July 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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Additional Tools for GreenPower Stock Analysis
When running GreenPower's price analysis, check to measure GreenPower'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 GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.