Greenidge Generation Holdings Stock Price on March 26, 2024

GREE Stock  USD 2.04  0.10  4.67%   
Below is the normalized historical share price chart for Greenidge Generation Holdings extending back to July 19, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Greenidge Generation stands at 2.04, as last reported on the 27th of November, with the highest price reaching 2.16 and the lowest price hitting 2.03 during the day.
IPO Date
14th of September 2021
200 Day MA
2.7521
50 Day MA
2.0896
Beta
3.204
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Greenidge Stock, it is important to understand the factors that can impact its price. Greenidge Generation appears to be relatively risky, given 3 months investment horizon. Greenidge Generation holds Efficiency (Sharpe) Ratio of 0.0394, which attests that the entity had a 0.0394% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Greenidge Generation, which you can use to evaluate the volatility of the firm. Please utilize Greenidge Generation's Risk Adjusted Performance of 0.0288, downside deviation of 5.89, and Market Risk Adjusted Performance of 0.0878 to validate if our risk estimates are consistent with your expectations.
  
At present, Greenidge Generation's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.04, whereas Common Stock Total Equity is forecasted to decline to about 67.8 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.02, whereas Price To Sales Ratio is forecasted to decline to 0.60. Greenidge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0394

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Estimated Market Risk

 6.43
  actual daily
57
57% of assets are less volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Greenidge Generation is performing at about 3% 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 Greenidge Generation by adding it to a well-diversified portfolio.
Price Book
0.2404
Enterprise Value Ebitda
10.48
Price Sales
0.3357
Shares Float
7.6 M
Wall Street Target Price
4

Greenidge Generation Main Headline on 26th of March 2024

Greenidge Generation Holdings is set to announce Q4 earnings on March 27th.

Greenidge Generation Valuation on March 26, 2024

It is possible to determine the worth of Greenidge Generation on a given historical date. On March 26, 2024 Greenidge was worth 3.45 at the beginning of the trading date compared to the closed value of 3.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenidge Generation stock. Still, in general, we apply an absolute valuation method to find Greenidge Generation'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 Greenidge Generation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenidge Generation's related companies.
 Open High Low Close Volume
  3.36    3.57    3.35    3.38    278,249  
03/26/2024
  3.45    3.45    3.23    3.25    203,066  
  3.30    3.50    3.24    3.49    276,475  
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Open Value
3.45
3.25
Closing Value
22.73
Upside

Greenidge Generation Trading Date Momentum on March 26, 2024

On March 27 2024 Greenidge Generation Holdings was traded for  3.49  at the closing time. The top price for the day was 3.50  and the lowest listed price was  3.24 . The trading volume for the day was 276.5 K. The trading history from March 27, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 7.38% . The overall trading delta against the current closing price is 0.92% .

Greenidge Generation Fundamentals Correlations and Trends

By evaluating Greenidge Generation'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 Greenidge Generation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenidge financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Greenidge Generation Stock history

Greenidge Generation 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 Greenidge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenidge Generation 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 Greenidge Generation stock prices may prove useful in developing a viable investing in Greenidge Generation
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.7 M4.8 M
Net Loss-40.6 M-38.6 M

Greenidge Generation Stock Technical Analysis

Greenidge Generation 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.
A focus of Greenidge Generation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Greenidge Generation trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Greenidge Generation Period Price Range

Low
November 27, 2024
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High

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Greenidge Generation November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Greenidge Generation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenidge Generation shares will generate the highest return on investment. By undertsting and applying Greenidge Generation stock market strength indicators, traders can identify Greenidge Generation Holdings entry and exit signals to maximize returns

Greenidge Generation Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Greenidge Generation's price direction in advance. Along with the technical and fundamental analysis of Greenidge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenidge 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.

Complementary Tools for Greenidge Stock analysis

When running Greenidge Generation's price analysis, check to measure Greenidge Generation'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 Greenidge Generation is operating at the current time. Most of Greenidge Generation's value examination focuses on studying past and present price action to predict the probability of Greenidge Generation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenidge Generation's price. Additionally, you may evaluate how the addition of Greenidge Generation to your portfolios can decrease your overall portfolio volatility.
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