Greenland Acquisition Corp Stock Price on October 7, 2024

GTEC Stock  USD 2.22  0.06  2.63%   
Below is the normalized historical share price chart for Greenland Acquisition Corp extending back to August 08, 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 Greenland Acquisition stands at 2.22, as last reported on the 22nd of November, with the highest price reaching 2.32 and the lowest price hitting 2.18 during the day.
IPO Date
8th of August 2018
200 Day MA
2.0887
50 Day MA
2.3908
Beta
1.476
 
Covid
If you're considering investing in Greenland Stock, it is important to understand the factors that can impact its price. Greenland Acquisition appears to be risky, given 3 months investment horizon. Greenland Acquisition holds Efficiency (Sharpe) Ratio of 0.0464, which attests that the entity had a 0.0464% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Greenland Acquisition, which you can use to evaluate the volatility of the firm. Please utilize Greenland Acquisition's Risk Adjusted Performance of 0.0458, market risk adjusted performance of (1.71), and Downside Deviation of 4.4 to validate if our risk estimates are consistent with your expectations.
  
At present, Greenland Acquisition's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. . At present, Greenland Acquisition's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.01, whereas Price Earnings Ratio is projected to grow to (2.21). Greenland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0464

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Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Greenland Acquisition is performing at about 3% 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 Greenland Acquisition by adding it to a well-diversified portfolio.
Price Book
0.5426
Enterprise Value Ebitda
4.1214
Price Sales
0.343
Shares Float
6.5 M
Wall Street Target Price
13

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Greenland Acquisition Valuation on October 7, 2024

It is possible to determine the worth of Greenland Acquisition on a given historical date. On October 7, 2024 Greenland was worth 2.34 at the beginning of the trading date compared to the closed value of 2.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenland Acquisition stock. Still, in general, we apply an absolute valuation method to find Greenland Acquisition'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 Greenland Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenland Acquisition's related companies.
 Open High Low Close Volume
  2.33    2.37    2.21    2.24    40,047  
10/07/2024
  2.34    2.34    2.23    2.25    51,584  
  2.24    2.24    2.13    2.18    72,831  
Backtest Greenland Acquisition  |  Greenland Acquisition History  |  Greenland Acquisition Valuation   PreviousNext  
Open Value
2.34
2.25
Closing Value
17.30
Upside

Greenland Acquisition Trading Date Momentum on October 7, 2024

On October 08 2024 Greenland Acquisition Corp was traded for  2.18  at the closing time. The top price for the day was 2.24  and the lowest listed price was  2.13 . The trading volume for the day was 72.8 K. The trading history from October 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.11% . The overall trading delta against the current closing price is 4.44% .

Greenland Acquisition Fundamentals Correlations and Trends

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

About Greenland Acquisition Stock history

Greenland Acquisition 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 Greenland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenland Acquisition 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 Greenland Acquisition stock prices may prove useful in developing a viable investing in Greenland Acquisition
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13.2 M10.9 M
Net Income Applicable To Common Shares7.2 M4.4 M

Greenland Acquisition Stock Technical Analysis

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

Greenland Acquisition Period Price Range

Low
November 22, 2024
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Greenland Acquisition November 22, 2024 Market Strength

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

Greenland Acquisition Technical and Predictive Indicators

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

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