Greenlane Holdings Stock Performance
| GNLN Stock | USD 1.83 0.06 3.17% |
The company retains a Market Volatility (i.e., Beta) of 2.91, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenlane Holdings will likely underperform. At this point, Greenlane Holdings has a negative expected return of -0.8%. Please make sure to check out Greenlane Holdings' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Greenlane Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Greenlane Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's essential indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Last Split Factor 1:11 | Last Split Date 2024-08-05 |
1 | Greenlane to Launch Fentanyl, Xylazine and Drink Spike Detection Test Strips Product Line | 09/16/2024 |
2 | Stocks to Watch in the Battle Against Fentanyl and Dangerous Drugs | 09/20/2024 |
3 | Acquisition by Barbara Sher of tradable shares of Greenlane Holdings at 2.93 subject to Rule 16b-3 | 09/27/2024 |
4 | Safe Supply Streaming Provides Corporate Update and Strategic Vision | 10/10/2024 |
5 | Marijuana Stock Movers For October 17, 2024 | 10/17/2024 |
6 | Cannabis Stock Movers For October 29, 2024 | 10/29/2024 |
7 | Greenlane Reports Third Quarter 2024 Financial Results | 11/15/2024 |
8 | Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek and Verifique Brand of Field Test Kits | 11/19/2024 |
9 | Acquisition by Jacoby Co. Inc. of 15998046 shares of Greenlane Holdings subject to Rule 16b-3 | 11/27/2024 |
| Begin Period Cash Flow | 12.9 M |
Greenlane |
Greenlane Holdings Relative Risk vs. Return Landscape
If you would invest 516.00 in Greenlane Holdings on August 31, 2024 and sell it today you would lose (333.00) from holding Greenlane Holdings or give up 64.53% of portfolio value over 90 days. Greenlane Holdings is currently does not generate positive expected returns and assumes 14.6505% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Greenlane, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Greenlane Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenlane Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greenlane Holdings, and traders can use it to determine the average amount a Greenlane Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0544
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| Negative Returns | GNLN |
Estimated Market Risk
| 14.65 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.8 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenlane Holdings 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 Greenlane Holdings by adding Greenlane Holdings to a well-diversified portfolio.
Greenlane Holdings Fundamentals Growth
Greenlane Stock prices reflect investors' perceptions of the future prospects and financial health of Greenlane Holdings, and Greenlane Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Greenlane Stock performance.
| Return On Equity | -1.42 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.67) % | ||||
| Operating Margin | (1.32) % | ||||
| Current Valuation | 9.98 M | ||||
| Shares Outstanding | 1.34 M | ||||
| Price To Earning | 10.87 X | ||||
| Price To Book | 0.26 X | ||||
| Price To Sales | 0.08 X | ||||
| Revenue | 137.09 M | ||||
| Gross Profit | 27.68 M | ||||
| EBITDA | (172.38 M) | ||||
| Net Income | (125.86 M) | ||||
| Cash And Equivalents | 9.13 M | ||||
| Cash Per Share | 1.24 X | ||||
| Total Debt | 19.8 M | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 1.65 X | ||||
| Book Value Per Share | 32.84 X | ||||
| Cash Flow From Operations | (26.43 M) | ||||
| Earnings Per Share | (117.59) X | ||||
| Market Capitalization | 2.45 M | ||||
| Total Asset | 146.05 M | ||||
| Retained Earnings | (171.37 M) | ||||
| Working Capital | 3.68 M | ||||
| Current Asset | 98.21 M | ||||
| Current Liabilities | 28.53 M | ||||
About Greenlane Holdings Performance
By examining Greenlane Holdings' fundamental ratios, stakeholders can obtain critical insights into Greenlane Holdings' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Greenlane Holdings is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 111.43 | 83.03 | |
| Return On Tangible Assets | (0.84) | (0.89) | |
| Return On Capital Employed | (2.17) | (2.06) | |
| Return On Assets | (0.84) | (0.80) | |
| Return On Equity | (2.89) | (2.75) |
Things to note about Greenlane Holdings performance evaluation
Checking the ongoing alerts about Greenlane Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Greenlane Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenlane Holdings generated a negative expected return over the last 90 days | |
| Greenlane Holdings has high historical volatility and very poor performance | |
| Greenlane Holdings may become a speculative penny stock | |
| Greenlane Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 137.09 M. Net Loss for the year was (125.86 M) with profit before overhead, payroll, taxes, and interest of 27.68 M. | |
| Greenlane Holdings currently holds about 9.13 M in cash with (26.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24. | |
| Latest headline from accesswire.com: Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek and Verifique Brand of Field Test Kits |
- Analyzing Greenlane Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Greenlane Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Greenlane Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Greenlane Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenlane Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenlane Holdings' stock. These opinions can provide insight into Greenlane Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (117.59) | Revenue Per Share 61.566 | Quarterly Revenue Growth (0.86) | Return On Assets (0.23) | Return On Equity (1.42) |
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.