Green Hydrogen (Denmark) Price on September 23, 2024
| GREENH Stock | 2.82 0.58 25.89% |
If you're considering investing in Green Stock, it is important to understand the factors that can impact its price. As of today, the current price of Green Hydrogen stands at 2.82, as last reported on the 27th of November, with the highest price reaching 2.84 and the lowest price hitting 2.20 during the day. Green Hydrogen Systems holds Efficiency (Sharpe) Ratio of -0.0805, which attests that the entity had a -0.0805% return per unit of risk over the last 3 months. Green Hydrogen Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Hydrogen's Standard Deviation of 8.82, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 2.2 to validate the risk estimate we provide.
Green Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Green |
Sharpe Ratio = -0.0805
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Estimated Market Risk
| 8.83 actual daily | 78 78% of assets are less volatile |
Expected Return
| -0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Green Hydrogen 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 Green Hydrogen by adding Green Hydrogen to a well-diversified portfolio.
Green Hydrogen Valuation on September 23, 2024
It is possible to determine the worth of Green Hydrogen on a given historical date. On September 23, 2024 Green was worth 5.85 at the beginning of the trading date compared to the closed value of 5.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Green Hydrogen stock. Still, in general, we apply an absolute valuation method to find Green Hydrogen'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 Green Hydrogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Green Hydrogen's related companies.
| Open | High | Low | Close | Volume | |
| 5.80 | 5.85 | 5.70 | 5.71 | 280,682 | |
09/23/2024 | 5.85 | 5.88 | 5.61 | 5.68 | 145,575 |
| 5.68 | 5.68 | 5.54 | 5.61 | 94,964 |
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Green Hydrogen Trading Date Momentum on September 23, 2024
| On September 24 2024 Green Hydrogen Systems was traded for 5.61 at the closing time. The highest price during the trading period was 5.68 and the lowest recorded bid was listed for 5.54 . The volume for the day was 95 K. This history from September 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.23% . The overall trading delta to the current price is 7.75% . |
Green Hydrogen Systems Fundamentals Correlations and Trends
By evaluating Green Hydrogen'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 Green Hydrogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Green financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Green Hydrogen Stock history
Green Hydrogen 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 Green is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Green Hydrogen Systems 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 Green Hydrogen stock prices may prove useful in developing a viable investing in Green Hydrogen
Green Hydrogen Stock Technical Analysis
Green Hydrogen 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
Green Hydrogen Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Green Hydrogen Systems cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Green Hydrogen November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Green Hydrogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Green Hydrogen shares will generate the highest return on investment. By undertsting and applying Green Hydrogen stock market strength indicators, traders can identify Green Hydrogen Systems entry and exit signals to maximize returns
Green Hydrogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Green Hydrogen's price direction in advance. Along with the technical and fundamental analysis of Green Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Green 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 | (0.07) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (2.31) | |||
| Treynor Ratio | 2.19 |
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Complementary Tools for Green Stock analysis
When running Green Hydrogen's price analysis, check to measure Green Hydrogen'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 Green Hydrogen is operating at the current time. Most of Green Hydrogen's value examination focuses on studying past and present price action to predict the probability of Green Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Hydrogen's price. Additionally, you may evaluate how the addition of Green Hydrogen to your portfolios can decrease your overall portfolio volatility.
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