Greenpower Motor Stock Price on December 1, 2024
| GPV Stock | CAD 1.37 0.03 2.14% |
If you're considering investing in GreenPower Stock, it is important to understand the factors that can impact its price. As of today, the current price of GreenPower stands at 1.37, as last reported on the 3rd of December, with the highest price reaching 1.41 and the lowest price hitting 1.37 during the day. GreenPower appears to be abnormally volatile, given 3 months investment horizon. GreenPower Motor holds Efficiency (Sharpe) Ratio of 0.0686, which attests that the entity had a 0.0686% return per unit of risk over the last 3 months. By evaluating GreenPower's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize GreenPower's Market Risk Adjusted Performance of 0.9858, risk adjusted performance of 0.0613, and Downside Deviation of 6.36 to validate if our risk estimates are consistent with your expectations.
GreenPower Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GreenPower |
Sharpe Ratio = 0.0686
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Estimated Market Risk
| 7.26 actual daily | 64 64% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average GreenPower is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GreenPower by adding it to a well-diversified portfolio.
GreenPower Valuation on December 1, 2024
It is possible to determine the worth of GreenPower on a given historical date. On December 1, 2024 GreenPower was worth 1.4 at the beginning of the trading date compared to the closed value of 1.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GreenPower stock. Still, in general, we apply an absolute valuation method to find GreenPower's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GreenPower where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GreenPower's related companies.
| Open | High | Low | Close | Volume | |
| 1.44 | 1.49 | 1.41 | 1.45 | 27,316 | |
11/29/2024 | 1.40 | 1.46 | 1.35 | 1.40 | 9,147 |
| 1.40 | 1.41 | 1.37 | 1.37 | 15,668 |
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GreenPower Trading Date Momentum on December 1, 2024
| On December 02 2024 GreenPower Motor was traded for 1.37 at the closing time. The highest daily price throughout the period was 1.41 and the lowest price was 1.37 . The daily volume was 15.7 K. The net trading volume on 12/02/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.14% . The overall trading delta to current closing price is 0.00% . |
GreenPower Motor Fundamentals Correlations and Trends
By evaluating GreenPower's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GreenPower's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GreenPower financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GreenPower Stock history
GreenPower investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GreenPower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GreenPower Motor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GreenPower stock prices may prove useful in developing a viable investing in GreenPower
GreenPower Motor Company Inc. develops, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. It offers a suite of high-floor and low-floor vehicles, including transit buses, school buses, shuttles, cargo vans, and double deckers. GREENPOWER MOTOR operates under Auto Manufacturers classification in Canada and is traded on TSX Venture Exchange.
GreenPower Stock Technical Analysis
GreenPower technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
GreenPower Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
GreenPower Motor cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GreenPower December 3, 2024 Market Strength
Market strength 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 undertsting and applying GreenPower stock market strength indicators, traders can identify GreenPower Motor entry and exit signals to maximize returns
GreenPower Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GreenPower's price direction in advance. Along with the technical and fundamental analysis of GreenPower Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GreenPower to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0613 | |||
| Jensen Alpha | 0.4307 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0587 | |||
| Treynor Ratio | 0.9758 |
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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.