Greencity Acquisition Corp Price on April 21, 2023
GRCYUDelisted Stock | USD 11.46 0.00 0.00% |
If you're considering investing in Greencity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greencity Acquisition stands at 11.46, as last reported on the 27th of November, with the highest price reaching 11.46 and the lowest price hitting 11.46 during the day. We have found seventeen technical indicators for Greencity Acquisition, which you can use to evaluate the volatility of the firm. Please check out Greencity Acquisition's Standard Deviation of 0.622, market risk adjusted performance of 0.1436, and Risk Adjusted Performance of 0.0066 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Greencity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Greencity Acquisition is not performing at its full potential. However, 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 Greencity Acquisition by adding Greencity Acquisition to a well-diversified portfolio.
Greencity Acquisition Valuation on April 21, 2023
It is possible to determine the worth of Greencity Acquisition on a given historical date. On April 21, 2023 Greencity was worth 12.1 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greencity Acquisition stock. Still, in general, we apply an absolute valuation method to find Greencity Acquisition'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 Greencity Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greencity Acquisition's related companies.
Open | High | Low | Close | Volume | |
10.80 | 11.29 | 10.58 | 11.29 | 2,900 | |
04/21/2023 | 12.10 | 12.10 | 11.10 | 11.20 | 3,000 |
11.20 | 11.20 | 11.20 | 11.20 | 15.00 |
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Greencity Acquisition Trading Date Momentum on April 21, 2023
On April 24 2023 Greencity Acquisition Corp was traded for 11.20 at the closing time. The highest daily price throughout the period was 11.20 and the lowest price was 11.20 . The daily volume was 15.0. The net trading volume on 04/24/2023 did not cause price change. The overall trading delta to current closing price is 2.32% . |
Greencity Acquisition Fundamentals Correlations and Trends
By evaluating Greencity Acquisition'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 Greencity Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greencity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greencity Acquisition Stock history
Greencity Acquisition 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 Greencity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greencity Acquisition 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 Greencity Acquisition stock prices may prove useful in developing a viable investing in Greencity Acquisition
Greencity Acquisition Corporation does not have significant operations. Greencity Acquisition Corporation was incorporated in 2018 and is based in Shanghai, China. Greencity Acquisition is traded on NCM Exchange in the United States.
Greencity Acquisition Stock Technical Analysis
Greencity Acquisition 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Greencity Acquisition Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Greencity Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Greencity Acquisition November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Greencity Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greencity Acquisition shares will generate the highest return on investment. By undertsting and applying Greencity Acquisition stock market strength indicators, traders can identify Greencity Acquisition Corp entry and exit signals to maximize returns
Greencity Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greencity Acquisition's price direction in advance. Along with the technical and fundamental analysis of Greencity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greencity 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 | 0.0066 | |||
Jensen Alpha | (0.0003) | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | 0.1336 |
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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 signals in manufacturing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Greencity Stock
If you are still planning to invest in Greencity Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Greencity Acquisition's history and understand the potential risks before investing.
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