Green Dot Stock Market Value
| GDOT Stock | USD 10.23 0.02 0.20% |
| Symbol | Green |
Green Dot Price To Book Ratio
Is Consumer Finance 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 Green Dot. If investors know Green 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 Green Dot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (1.05) | Revenue Per Share 30.641 | Quarterly Revenue Growth 0.157 | Return On Assets (0.01) |
The market value of Green Dot is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Dot's value that differs from its market value or its book value, called intrinsic value, which is Green Dot's 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 Green Dot's market value can be influenced by many factors that don't directly affect Green Dot's 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 Green Dot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Dot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Dot'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 Dot '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 Dot's 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 Dot.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Green Dot on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Green Dot or generate 0.0% return on investment in Green Dot over 270 days. Green Dot is related to or competes with Guidewire Software, Envestnet, Evertec, Axos Financial, and Trupanion. Green Dot Corporation, a financial technology and bank holding company, provides various financial products to consumers... More
Green Dot 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 Dot's 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 Dot upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.03 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 30.98 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 6.15 |
Green Dot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Dot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Dot's standard deviation. In reality, there are many statistical measures that can use Green Dot historical prices to predict the future Green Dot's volatility.| Risk Adjusted Performance | 0.0087 | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0) |
Green Dot Backtested Returns
Green Dot holds Efficiency (Sharpe) Ratio of -0.0145, which attests that the entity had a -0.0145% return per unit of risk over the last 3 months. Green Dot exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Dot's Risk Adjusted Performance of 0.0087, downside deviation of 4.03, and Market Risk Adjusted Performance of 0.007 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.17, 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, Green Dot will likely underperform. At this point, Green Dot has a negative expected return of -0.058%. Please make sure to check out Green Dot's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Green Dot performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Green Dot has below average predictability. Overlapping area represents the amount of predictability between Green Dot time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 2024. 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 Dot price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Green Dot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
Green Dot lagged returns against current returns
Autocorrelation, which is Green Dot 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 Dot's stock expected returns. We can calculate the autocorrelation of Green Dot returns to help us make a trade decision. For example, suppose you find that Green Dot has exhibited high autocorrelation historically, and you observe that the 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 Dot 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 Dot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Dot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Dot stock over time.
Current vs Lagged Prices |
| Timeline |
Green Dot Lagged Returns
When evaluating Green Dot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Dot stock have on its future price. Green Dot 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 Dot autocorrelation shows the relationship between Green Dot stock current value and its past values and can show if there is a momentum factor associated with investing in Green Dot.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Green Stock Analysis
When running Green Dot's price analysis, check to measure Green Dot'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 Green Dot is operating at the current time. Most of Green Dot's value examination focuses on studying past and present price action to predict the probability of Green Dot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Dot's price. Additionally, you may evaluate how the addition of Green Dot to your portfolios can decrease your overall portfolio volatility.