Greenlite Ventures Stock Alpha and Beta Analysis
| GRNL Stock | USD 6.00 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Greenlite Ventures. It also helps investors analyze the systematic and unsystematic risks associated with investing in Greenlite Ventures over a specified time horizon. Remember, high Greenlite Ventures' 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 Greenlite Ventures' market risk premium analysis include:
Beta (0.35) | Alpha 3.33 | Risk 43.05 | Sharpe Ratio 0.19 | Expected Return 8.02 |
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.
Greenlite |
Greenlite Ventures Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Greenlite Ventures market risk premium is the additional return an investor will receive from holding Greenlite Ventures 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 Greenlite Ventures. 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 Greenlite Ventures' performance over market.| α | 3.33 | β | -0.35 |
Greenlite Ventures Fundamentals Vs Peers
Comparing Greenlite Ventures' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Greenlite Ventures' direct or indirect competition across all of the common fundamentals between Greenlite Ventures and the related equities. This way, we can detect undervalued stocks with similar characteristics as Greenlite Ventures or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Greenlite Ventures' fundamental indicators could also be used in its relative valuation, which is a method of valuing Greenlite Ventures by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Greenlite Ventures to competition |
| Fundamentals | Greenlite Ventures | Peer Average |
| Return On Asset | -3.93 | -0.14 |
| Current Valuation | 87.91 K | 16.62 B |
| Shares Outstanding | 2.51 M | 571.82 M |
| Price To Earning | (0.02) X | 28.72 X |
| Price To Book | 2,830 X | 9.51 X |
| EBITDA | (319.97 K) | 3.9 B |
| Net Income | (199.79 K) | 570.98 M |
Greenlite Ventures Opportunities
Greenlite Ventures Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Greenlite Ventures 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 Greenlite or other pink sheets. Alpha measures the amount that position in Greenlite Ventures 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Greenlite Ventures in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Greenlite Ventures' short interest history, or implied volatility extrapolated from Greenlite Ventures options trading.
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Additional Information and Resources on Investing in Greenlite Pink Sheet
When determining whether Greenlite Ventures is a strong investment it is important to analyze Greenlite Ventures' 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 Greenlite Ventures' future performance. For an informed investment choice regarding Greenlite Pink Sheet, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Greenlite Ventures technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.