Greenlight Metals Stock Market Value
| GRL Stock | 0.35 0.01 2.94% |
| Symbol | GreenLight |
GreenLight Metals '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 GreenLight Metals' 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 GreenLight Metals.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in GreenLight Metals on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding GreenLight Metals or generate 0.0% return on investment in GreenLight Metals over 30 days. GreenLight Metals is related to or competes with Sparx Technology, Micron Technology, CHAR Technologies, Xtract One, and Organto Foods. GreenLight Metals is entity of Canada. It is traded as Stock on V exchange. More
GreenLight Metals 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 GreenLight Metals' 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 GreenLight Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.69 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.71 |
GreenLight Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GreenLight Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GreenLight Metals' standard deviation. In reality, there are many statistical measures that can use GreenLight Metals historical prices to predict the future GreenLight Metals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.3194 |
GreenLight Metals Backtested Returns
GreenLight Metals 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. GreenLight Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GreenLight Metals' Market Risk Adjusted Performance of 0.3294, risk adjusted performance of (0.01), and Standard Deviation of 3.99 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GreenLight Metals are expected to decrease at a much lower rate. During the bear market, GreenLight Metals is likely to outperform the market. At this point, GreenLight Metals has a negative expected return of -0.012%. Please make sure to check out GreenLight Metals' total risk alpha and the relationship between the potential upside and market facilitation index , to decide if GreenLight Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
GreenLight Metals has modest reverse predictability. Overlapping area represents the amount of predictability between GreenLight Metals time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GreenLight Metals price movement. The serial correlation of -0.43 indicates that just about 43.0% of current GreenLight Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GreenLight Metals lagged returns against current returns
Autocorrelation, which is GreenLight Metals 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 GreenLight Metals' stock expected returns. We can calculate the autocorrelation of GreenLight Metals returns to help us make a trade decision. For example, suppose you find that GreenLight Metals 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 |
GreenLight Metals 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 GreenLight Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GreenLight Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GreenLight Metals stock over time.
Current vs Lagged Prices |
| Timeline |
GreenLight Metals Lagged Returns
When evaluating GreenLight Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GreenLight Metals stock have on its future price. GreenLight Metals 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, GreenLight Metals autocorrelation shows the relationship between GreenLight Metals stock current value and its past values and can show if there is a momentum factor associated with investing in GreenLight Metals.
Regressed Prices |
| Timeline |
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Additional Tools for GreenLight Stock Analysis
When running GreenLight Metals' price analysis, check to measure GreenLight Metals' 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 GreenLight Metals is operating at the current time. Most of GreenLight Metals' value examination focuses on studying past and present price action to predict the probability of GreenLight Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenLight Metals' price. Additionally, you may evaluate how the addition of GreenLight Metals to your portfolios can decrease your overall portfolio volatility.