GreenMobility (Denmark) Price on December 21, 2023

GREENM Stock  DKK 31.20  0.40  1.30%   
If you're considering investing in GreenMobility Stock, it is important to understand the factors that can impact its price. As of today, the current price of GreenMobility stands at 31.20, as last reported on the 30th of November, with the highest price reaching 31.20 and the lowest price hitting 30.50 during the day. At this point, GreenMobility is not too volatile. GreenMobility AS holds Efficiency (Sharpe) Ratio of 0.0145, which attests that the entity had a 0.0145% return per unit of risk over the last 3 months. We have found thirty technical indicators for GreenMobility AS, which you can use to evaluate the volatility of the firm. Please check out GreenMobility's Risk Adjusted Performance of 0.0235, market risk adjusted performance of (0.49), and Downside Deviation of 2.88 to validate if the risk estimate we provide is consistent with the expected return of 0.0442%.
  
GreenMobility Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0145

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Estimated Market Risk

 3.04
  actual daily
27
73% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average GreenMobility is performing at about 1% 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 GreenMobility by adding it to a well-diversified portfolio.

GreenMobility Valuation on December 21, 2023

It is possible to determine the worth of GreenMobility on a given historical date. On December 21, 2023 GreenMobility was worth 33.4 at the beginning of the trading date compared to the closed value of 34.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GreenMobility stock. Still, in general, we apply an absolute valuation method to find GreenMobility'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 GreenMobility where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GreenMobility's related companies.
 Open High Low Close Volume
  32.80    34.70    32.80    34.70    2,444  
12/21/2023
  33.40    35.40    33.40    34.50    2,250  
  33.10    34.90    33.00    33.70    2,010  
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Open Value
33.4
34.5
Closing Value
42.51
Upside

GreenMobility Trading Date Momentum on December 21, 2023

On December 22 2023 GreenMobility AS was traded for  33.70  at the closing time. The highest price during the trading period was 34.90  and the lowest recorded bid was listed for  33.00 . The volume for the day was 2 K. This history from December 22, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.32% . The overall trading delta to the current price is 9.86% .

GreenMobility AS Fundamentals Correlations and Trends

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

About GreenMobility Stock history

GreenMobility 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 GreenMobility is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GreenMobility AS 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 GreenMobility stock prices may prove useful in developing a viable investing in GreenMobility
Green Mobility AS provides transport in the form of electric, shared city cars through the GreenMobility app in Denmark and Sweden. As of June 9, 2020, the company operated 400 cars in Copenhagen and 250 cars in Oslo and 100 cars in Aarhus. GreenMobility operates under Rental Leasing Services classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 62 people.

GreenMobility Stock Technical Analysis

GreenMobility 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 GreenMobility technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GreenMobility 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

GreenMobility Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

GreenMobility AS 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.

GreenMobility November 30, 2024 Market Strength

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

GreenMobility Technical and Predictive Indicators

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

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