Green Battery's market value is the price at which a share of Green Battery trades on a public exchange. It measures the collective expectations of Green Battery Minerals investors about its performance. Green Battery is trading at 0.044 as of the 1st of February 2025. This is a 12 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.044. With this module, you can estimate the performance of a buy and hold strategy of Green Battery Minerals and determine expected loss or profit from investing in Green Battery over a given investment horizon. Check out Green Battery Correlation, Green Battery Volatility and Green Battery Alpha and Beta module to complement your research on Green Battery.
Please note, there is a significant difference between Green Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Battery's 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.
Green Battery 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Green Battery's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Green Battery.
0.00
08/05/2024
No Change 0.00
0.0
In 5 months and 30 days
02/01/2025
0.00
If you would invest 0.00 in Green Battery on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Green Battery Minerals or generate 0.0% return on investment in Green Battery over 180 days. Green Battery is related to or competes with Class 1, Pampa Metals, M3 Metals, Mundoro Capital, and E79 Resources. Green Battery Minerals Inc. engages in the acquisition, exploration, and development of natural resource properties in C... More
Green Battery Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Green Battery's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Green Battery Minerals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Battery's standard deviation. In reality, there are many statistical measures that can use Green Battery historical prices to predict the future Green Battery's volatility.
Green Battery Minerals holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Green Battery Minerals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Battery's Risk Adjusted Performance of (0.07), market risk adjusted performance of 0.4265, and Standard Deviation of 8.76 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.09, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Green Battery are expected to decrease by larger amounts. On the other hand, during market turmoil, Green Battery is expected to outperform it. At this point, Green Battery Minerals has a negative expected return of -0.0639%. Please make sure to check out Green Battery's variance, skewness, price action indicator, as well as the relationship between the total risk alpha and rate of daily change , to decide if Green Battery Minerals performance from the past will be repeated at some point in the near future.
Auto-correlation
0.20
Weak predictability
Green Battery Minerals has weak predictability. Overlapping area represents the amount of predictability between Green Battery time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Green Battery Minerals price movement. The serial correlation of 0.2 indicates that over 20.0% of current Green Battery price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
0.31
Residual Average
0.0
Price Variance
0.0
Green Battery Minerals lagged returns against current returns
Autocorrelation, which is Green Battery otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Green Battery's otc stock expected returns. We can calculate the autocorrelation of Green Battery returns to help us make a trade decision. For example, suppose you find that Green Battery has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Green Battery regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Green Battery otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Battery otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Battery otc stock over time.
Current vs Lagged Prices
Timeline
Green Battery Lagged Returns
When evaluating Green Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Battery otc stock have on its future price. Green Battery autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Green Battery autocorrelation shows the relationship between Green Battery otc stock current value and its past values and can show if there is a momentum factor associated with investing in Green Battery Minerals.
Green Battery financial ratios help investors to determine whether Green OTC Stock 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 Green with respect to the benefits of owning Green Battery security.