Greenidge Generation Holdings Stock Performance
| GREE Stock | USD 1.36 0.10 6.85% |
The company retains a Market Volatility (i.e., Beta) of -0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Greenidge Generation are expected to decrease at a much lower rate. During the bear market, Greenidge Generation is likely to outperform the market. At this point, Greenidge Generation has a negative expected return of -0.65%. Please make sure to check out Greenidge Generation's variance, skewness, price action indicator, as well as the relationship between the total risk alpha and rate of daily change , to decide if Greenidge Generation 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 Greenidge Generation Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in March 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Last Split Factor 1:10 | Last Split Date 2023-05-16 |
1 | Acquisition by Christian Mulvihill of 20000 shares of Greenidge Generation subject to Rule 16b-3 | 11/12/2024 |
2 | Discretionary transaction by Rothaupt Daniel of 80000 shares of Greenidge Generation subject to Rule 16b-3 | 11/15/2024 |
3 | Greenidge expands equity incentive plan by 700,000 shares | 11/18/2024 |
4 | Greenidge Generation Announces Sale of South Carolina Property to Data Journey for 12.1 Million and 8 percent Stake in Planned Data Centers Profits | 12/04/2024 |
5 | Disposition of 12991 shares by Jordan Kovler of Greenidge Generation at 2.2798 subject to Rule 16b-3 | 12/10/2024 |
6 | Disposition of 595 shares by Christian Mulvihill of Greenidge Generation at 2.2 subject to Rule 16b-3 | 12/17/2024 |
7 | Acquisition by Jordan Kovler of 5000 shares of Greenidge Generation at 1.76 subject to Rule 16b-3 | 12/23/2024 |
8 | Disposition of 723 shares by Christian Mulvihill of Greenidge Generation at 1.63 subject to Rule 16b-3 | 01/14/2025 |
| Begin Period Cash Flow | 15.2 M |
Greenidge |
Greenidge Generation Relative Risk vs. Return Landscape
If you would invest 221.00 in Greenidge Generation Holdings on November 3, 2024 and sell it today you would lose (85.00) from holding Greenidge Generation Holdings or give up 38.46% of portfolio value over 90 days. Greenidge Generation Holdings is currently does not generate positive expected returns and assumes 5.7072% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of stocks are less volatile than Greenidge, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Greenidge Generation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenidge Generation's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greenidge Generation Holdings, and traders can use it to determine the average amount a Greenidge Generation's 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 = -0.1135
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| Negative Returns | GREE |
Estimated Market Risk
| 5.71 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenidge Generation 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 Greenidge Generation by adding Greenidge Generation to a well-diversified portfolio.
Greenidge Generation Fundamentals Growth
Greenidge Stock prices reflect investors' perceptions of the future prospects and financial health of Greenidge Generation, and Greenidge Generation 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 Greenidge Stock performance.
| Return On Equity | -13.71 | |||
| Return On Asset | -0.0935 | |||
| Profit Margin | (0.29) % | |||
| Operating Margin | (0.28) % | |||
| Current Valuation | 78.66 M | |||
| Shares Outstanding | 7.94 M | |||
| Price To Earning | 226.64 X | |||
| Price To Book | 0.24 X | |||
| Price To Sales | 0.23 X | |||
| Revenue | 70.39 M | |||
| Gross Profit | 73.46 M | |||
| EBITDA | (2.78 M) | |||
| Net Income | (29.04 M) | |||
| Cash And Equivalents | 66.38 M | |||
| Cash Per Share | 1.58 X | |||
| Total Debt | 68.71 M | |||
| Debt To Equity | 1.59 % | |||
| Current Ratio | 0.87 X | |||
| Book Value Per Share | (5.59) X | |||
| Cash Flow From Operations | (12.15 M) | |||
| Earnings Per Share | (2.17) X | |||
| Market Capitalization | 28.6 M | |||
| Total Asset | 71.18 M | |||
| Retained Earnings | (369.97 M) | |||
| Working Capital | 3.46 M | |||
About Greenidge Generation Performance
By analyzing Greenidge Generation's fundamental ratios, stakeholders can gain valuable insights into Greenidge Generation's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Greenidge Generation has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Greenidge Generation has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 69.93 | 73.43 | |
| Return On Tangible Assets | (0.48) | (0.50) | |
| Return On Capital Employed | (0.39) | (0.41) | |
| Return On Assets | (0.48) | (0.50) | |
| Return On Equity | 0.52 | 0.43 |
Things to note about Greenidge Generation performance evaluation
Checking the ongoing alerts about Greenidge Generation for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Greenidge Generation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenidge Generation generated a negative expected return over the last 90 days | |
| Greenidge Generation has high historical volatility and very poor performance | |
| Greenidge Generation may become a speculative penny stock | |
| Greenidge Generation has a very high chance of going through financial distress in the upcoming years | |
| Greenidge Generation Holdings currently holds 68.71 M in liabilities with Debt to Equity (D/E) ratio of 1.6, which is about average as compared to similar companies. Greenidge Generation has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenidge Generation's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 70.39 M. Net Loss for the year was (29.04 M) with profit before overhead, payroll, taxes, and interest of 73.46 M. | |
| Greenidge Generation Holdings currently holds about 66.38 M in cash with (12.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Greenidge Generation has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 723 shares by Christian Mulvihill of Greenidge Generation at 1.63 subject to Rule 16b-3 |
- Analyzing Greenidge Generation's 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 Greenidge Generation's stock is overvalued or undervalued compared to its peers.
- Examining Greenidge Generation's 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 Greenidge Generation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenidge Generation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenidge Generation's stock. These opinions can provide insight into Greenidge Generation's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Greenidge Stock analysis
When running Greenidge Generation's price analysis, check to measure Greenidge Generation'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 Greenidge Generation is operating at the current time. Most of Greenidge Generation's value examination focuses on studying past and present price action to predict the probability of Greenidge Generation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenidge Generation's price. Additionally, you may evaluate how the addition of Greenidge Generation to your portfolios can decrease your overall portfolio volatility.
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