Greenidge Generation Holdings Stock Price on November 18, 2024
| GREEL Stock | USD 10.23 0.45 4.21% |
If you're considering investing in Greenidge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greenidge Generation stands at 10.23, as last reported on the 27th of November, with the highest price reaching 10.42 and the lowest price hitting 10.06 during the day. Greenidge Generation appears to be somewhat reliable, given 3 months investment horizon. Greenidge Generation holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Greenidge Generation, which you can use to evaluate the volatility of the firm. Please utilize Greenidge Generation's Market Risk Adjusted Performance of 0.4461, downside deviation of 2.36, and Risk Adjusted Performance of 0.1164 to validate if our risk estimates are consistent with your expectations.
Stock Based Compensation To Revenue is expected to rise to 0.04 this year. Price Earnings To Growth Ratio is expected to rise to 0.02 this year, although the value of Price To Sales Ratio will most likely fall to 0.60. Greenidge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Greenidge |
Sharpe Ratio = 0.1319
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Greenidge Generation is performing at about 10% 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.
Shares Short Prior Month 5.5 K | Shares Short 4.3 K |
Greenidge Generation Main Headline on 18th of November 2024
Greenidge Generation Expands Stock Issuance for Growth - Tip... by news.google.com
Greenidge Generation Expands Stock Issuance for Growth TipRanks
Greenidge Generation Valuation on November 18, 2024
It is possible to determine the worth of Greenidge Generation on a given historical date. On November 18, 2024 Greenidge was worth 10.1 at the beginning of the trading date compared to the closed value of 10.51. 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 | |
| 10.56 | 10.79 | 9.21 | 10.01 | 48,272 | |
11/18/2024 | 10.10 | 10.52 | 10.01 | 10.51 | 26,592 |
| 10.45 | 11.15 | 10.45 | 10.72 | 26,000 |
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Greenidge Generation Trading Date Momentum on November 18, 2024
| On November 19 2024 Greenidge Generation Holdings was traded for 10.72 at the closing time. The highest daily price throughout the period was 11.15 and the lowest price was 10.45 . The daily volume was 26 K. The net trading volume on 11/19/2024 added to the next day price upswing. The overall trading delta to closing price of the next trading day was 2.00% . The overall trading delta to current closing price is 4.28% . |
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
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.
Price Boundaries
Greenidge Generation Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
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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.
| Risk Adjusted Performance | 0.1164 | |||
| Jensen Alpha | 0.256 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0989 | |||
| Treynor Ratio | 0.4361 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenidge Generation Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenidge Generation. If investors know Greenidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.