Greenlane Renewables Stock Price on November 27, 2024
| GRN Stock | CAD 0.11 0.01 10.00% |
Below is the normalized historical share price chart for Greenlane Renewables extending back to November 13, 2018. 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 Greenlane Renewables stands at 0.11, as last reported on the 1st of December, with the highest price reaching 0.11 and the lowest price hitting 0.10 during the day.
If you're considering investing in Greenlane Stock, it is important to understand the factors that can impact its price. Greenlane Renewables appears to be out of control, given 3 months investment horizon. Greenlane Renewables holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. By evaluating Greenlane Renewables' technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please utilize Greenlane Renewables' Risk Adjusted Performance of 0.0826, market risk adjusted performance of 0.3987, and Downside Deviation of 10.21 to validate if our risk estimates are consistent with your expectations.
At this time, Greenlane Renewables' Total Stockholder Equity is very stable compared to the past year. As of the 1st of December 2024, Stock Based Compensation is likely to grow to about 883.5 K, while Common Stock Shares Outstanding is likely to drop about 105.9 M. . As of the 1st of December 2024, Price To Sales Ratio is likely to drop to 0.33. In addition to that, Price Earnings Ratio is likely to drop to -0.71. Greenlane Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0924 | 50 Day MA 0.0774 | Beta 2.503 |
Greenlane |
Sharpe Ratio = 0.1096
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Estimated Market Risk
| 8.52 actual daily | 75 75% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Greenlane Renewables is performing at about 8% 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 Greenlane Renewables by adding it to a well-diversified portfolio.
Price Book 0.7308 | Enterprise Value Ebitda (0.27) | Price Sales 0.2592 | Shares Float 140.4 M | Wall Street Target Price 0.2 |
Greenlane Renewables Valuation on November 27, 2024
It is possible to determine the worth of Greenlane Renewables on a given historical date. On November 27, 2024 Greenlane was worth 0.095 at the beginning of the trading date compared to the closed value of 0.095. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenlane Renewables stock. Still, in general, we apply an absolute valuation method to find Greenlane Renewables' 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 Greenlane Renewables where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenlane Renewables' related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.10 | 0.1 | 0.1 | 63,585 | |
11/27/2024 | 0.1 | 0.10 | 0.1 | 0.1 | 36,400 |
| 0.1 | 0.10 | 0.1 | 0.10 | 29,480 |
| Backtest Greenlane Renewables | | | Greenlane Renewables History | | | Greenlane Renewables Valuation | Previous | Next |
Greenlane Renewables Trading Date Momentum on November 27, 2024
| On November 28 2024 Greenlane Renewables was traded for 0.10 at the closing time. The maximum traded price for the trading interval was 0.10 and the lowest daily price was 0.1 . The daily volume was recorded at 29.5 K. The volume of trading on 28th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 5.26% . The overall trading delta to the closing price today is 15.79% . |
Greenlane Renewables Fundamentals Correlations and Trends
By evaluating Greenlane Renewables' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenlane Renewables' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenlane financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenlane Renewables Stock history
Greenlane Renewables 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 Greenlane is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenlane Renewables 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 Greenlane Renewables stock prices may prove useful in developing a viable investing in Greenlane Renewables
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 153.1 M | 105.9 M | |
| Net Loss | -5 M | -5.2 M |
Greenlane Renewables Stock Technical Analysis
Greenlane Renewables 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
Greenlane Renewables Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Greenlane Renewables cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Greenlane Renewables December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenlane Renewables stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenlane Renewables shares will generate the highest return on investment. By undertsting and applying Greenlane Renewables stock market strength indicators, traders can identify Greenlane Renewables entry and exit signals to maximize returns
Greenlane Renewables Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenlane Renewables' price direction in advance. Along with the technical and fundamental analysis of Greenlane Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenlane 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 | 0.0826 | |||
| Jensen Alpha | 0.5379 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.0659 | |||
| Treynor Ratio | 0.3887 |
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Other Information on Investing in Greenlane Stock
Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.