Greenlane Renewables Stock Price on February 21, 2024
| GRNWF Stock | USD 0.07 0 6.25% |
If you're considering investing in Greenlane Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Greenlane Renewables stands at 0.07, as last reported on the 11th of December 2024, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. Greenlane Renewables appears to be out of control, given 3 months investment horizon. Greenlane Renewables holds Efficiency (Sharpe) Ratio of 0.0932, which attests that the entity had a 0.0932% return per unit of risk over the last 3 months. By evaluating Greenlane Renewables' technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please utilize Greenlane Renewables' Market Risk Adjusted Performance of 1.88, downside deviation of 10.6, and Risk Adjusted Performance of 0.0631 to validate if our risk estimates are consistent with your expectations.
Greenlane Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Greenlane |
Sharpe Ratio = 0.0932
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Estimated Market Risk
| 10.34 actual daily | 92 92% of assets are less volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Greenlane Renewables is performing at about 7% 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.
Greenlane Renewables Valuation on February 21, 2024
It is possible to determine the worth of Greenlane Renewables on a given historical date. On February 21, 2024 Greenlane was worth 0.092 at the beginning of the trading date compared to the closed value of 0.092. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenlane Renewables pink sheet. 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 | |
| 0.09 | 0.09 | 0.09 | 0.09 | 7,200 | |
02/21/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 500.00 |
| 0.09 | 0.09 | 0.09 | 0.09 | 1,000.00 |
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Greenlane Renewables Trading Date Momentum on February 21, 2024
| On February 22 2024 Greenlane Renewables was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.09 . The daily volume was 1000. The net trading volume on 02/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.17% . The overall trading delta to current closing price is 2.17% . |
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 Pink Sheet 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
Greenlane Renewables Inc. designs, develops, sells, and services a range of biogas upgrading systems worldwide. Greenlane Renewables Inc. was founded in 1986 and is headquartered in Burnaby, Canada. Greenlane Renewables operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 120 people.
Greenlane Renewables Pink Sheet Technical Analysis
Greenlane Renewables technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Greenlane Renewables Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Greenlane Renewables December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenlane Renewables pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.0631 | |||
| Jensen Alpha | 0.7095 | |||
| Total Risk Alpha | (0.87) | |||
| Sortino Ratio | 0.0605 | |||
| Treynor Ratio | 1.87 |
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Complementary Tools for Greenlane Pink Sheet analysis
When running Greenlane Renewables' price analysis, check to measure Greenlane Renewables' 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 Greenlane Renewables is operating at the current time. Most of Greenlane Renewables' value examination focuses on studying past and present price action to predict the probability of Greenlane Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlane Renewables' price. Additionally, you may evaluate how the addition of Greenlane Renewables to your portfolios can decrease your overall portfolio volatility.
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