Greenlite Ventures Stock Performance
| GRNL Stock | USD 0.67 0.07 11.67% |
The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Greenlite Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenlite Ventures is expected to be smaller as well. At this point, Greenlite Ventures has a negative expected return of -1.45%. Please make sure to check out Greenlite Ventures' jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Greenlite Ventures 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 Greenlite Ventures has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
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Greenlite Ventures Relative Risk vs. Return Landscape
If you would invest 237.00 in Greenlite Ventures on September 3, 2024 and sell it today you would lose (170.00) from holding Greenlite Ventures or give up 71.73% of portfolio value over 90 days. Greenlite Ventures is currently does not generate positive expected returns and assumes 9.4202% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of pink sheets are less volatile than Greenlite, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Greenlite Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenlite Ventures' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Greenlite Ventures, and traders can use it to determine the average amount a Greenlite Ventures' 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 = -0.1536
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Estimated Market Risk
| 9.42 actual daily | 83 83% of assets are less volatile |
Expected Return
| -1.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenlite Ventures 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 Greenlite Ventures by adding Greenlite Ventures to a well-diversified portfolio.
Greenlite Ventures Fundamentals Growth
Greenlite Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Greenlite Ventures, and Greenlite Ventures 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 Greenlite Pink Sheet performance.
| Return On Asset | -3.93 | |||
| Current Valuation | 87.91 K | |||
| Shares Outstanding | 2.51 M | |||
| Price To Earning | (0.02) X | |||
| Price To Book | 2,830 X | |||
| EBITDA | (319.97 K) | |||
| Cash And Equivalents | 19.51 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (41.33 K) | |||
| Earnings Per Share | (0.15) X | |||
| Total Asset | 164.84 K | |||
| Retained Earnings | (932 K) | |||
| Current Asset | 20 K | |||
| Current Liabilities | 281 K | |||
About Greenlite Ventures Performance
By examining Greenlite Ventures' fundamental ratios, stakeholders can obtain critical insights into Greenlite Ventures' 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 Greenlite Ventures 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.
Greenlite Ventures Inc. operates as a carbon offsets marketing company. The company was founded in 2000 and is based in North Las Vegas, Nevada. Greenlite Vntrs is traded on OTC Exchange in the United States.Things to note about Greenlite Ventures performance evaluation
Checking the ongoing alerts about Greenlite Ventures for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Greenlite Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenlite Ventures generated a negative expected return over the last 90 days | |
| Greenlite Ventures has high historical volatility and very poor performance | |
| Greenlite Ventures has some characteristics of a very speculative penny stock | |
| Greenlite Ventures has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.07, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Greenlite Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Greenlite Ventures' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Greenlite Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Greenlite to invest in growth at high rates of return. When we think about Greenlite Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (199.79 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenlite Ventures currently holds about 19.51 K in cash with (41.33 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Greenlite Ventures' 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 Greenlite Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Greenlite Ventures' 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 Greenlite Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenlite Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenlite Ventures' pink sheet. These opinions can provide insight into Greenlite Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Greenlite Pink Sheet
Greenlite Ventures financial ratios help investors to determine whether Greenlite Pink Sheet 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 Greenlite with respect to the benefits of owning Greenlite Ventures security.