Greenchek Technology Stock Beta
Greenchek Technology fundamentals help investors to digest information that contributes to Greenchek Technology's financial success or failures. It also enables traders to predict the movement of Greenchek Stock. The fundamental analysis module provides a way to measure Greenchek Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenchek Technology stock.
Greenchek |
Greenchek Technology Company Beta Analysis
Greenchek Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Greenchek Technology Beta | 29.91 |
Most of Greenchek Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Greenchek Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Greenchek Technology has a Beta of 29.914. This is much higher than that of the Machinery sector and notably higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Greenchek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenchek Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Greenchek Technology could also be used in its relative valuation, which is a method of valuing Greenchek Technology by comparing valuation metrics of similar companies.Greenchek Technology is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenchek Technology will likely underperform.
Greenchek Fundamentals
| Return On Asset | -4.98 | ||||
| Operating Margin | (141.43) % | ||||
| Current Valuation | 16.14 K | ||||
| Shares Outstanding | 161.36 M | ||||
| Price To Earning | 0.03 X | ||||
| Price To Sales | 3.18 X | ||||
| EBITDA | (715.66 K) | ||||
| Net Income | (694.21 K) | ||||
| Cash And Equivalents | 101 | ||||
| Total Debt | 240.12 K | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (300.08 K) | ||||
| Beta | 29.91 | ||||
| Market Capitalization | 16.14 K | ||||
| Total Asset | 89.86 K | ||||
| Retained Earnings | (4.37 M) | ||||
| Working Capital | (3.08 M) | ||||
| Current Asset | 66 K | ||||
| Current Liabilities | 3.14 M | ||||
| Net Asset | 89.86 K |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Tools for Greenchek Stock
When running Greenchek Technology's price analysis, check to measure Greenchek Technology'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 Greenchek Technology is operating at the current time. Most of Greenchek Technology's value examination focuses on studying past and present price action to predict the probability of Greenchek Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenchek Technology's price. Additionally, you may evaluate how the addition of Greenchek Technology to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |