Green Star's market value is the price at which a share of Green Star trades on a public exchange. It measures the collective expectations of Green Star Products investors about its performance. Green Star is trading at 0.0013 as of the 1st of February 2025. This is a 44.44 percent up since the beginning of the trading day. The stock's open price was 9.0E-4. With this module, you can estimate the performance of a buy and hold strategy of Green Star Products and determine expected loss or profit from investing in Green Star over a given investment horizon. Check out Green Star Correlation, Green Star Volatility and Green Star Alpha and Beta module to complement your research on Green Star.
Please note, there is a significant difference between Green Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Star'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 Star '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 Star's pink sheet 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 Star.
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02/07/2024
No Change 0.00
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In 11 months and 27 days
02/01/2025
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If you would invest 0.00 in Green Star on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Green Star Products or generate 0.0% return on investment in Green Star over 360 days. Green Star is related to or competes with Iofina Plc, Greystone Logistics, Crown Electrokinetics, Orica, Orica, CN Energy, and SenesTech. Green Star Products, Inc. produces algae based renewable burning fuels in the United States More
Green Star 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 Star's pink sheet 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 Star Products 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 Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Star's standard deviation. In reality, there are many statistical measures that can use Green Star historical prices to predict the future Green Star's volatility.
Green Star is out of control given 3 months investment horizon. Green Star Products holds Efficiency (Sharpe) Ratio of 0.0923, which attests that the entity had a 0.0923 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use Green Star Products Downside Deviation of 17.83, market risk adjusted performance of (1.74), and Risk Adjusted Performance of 0.0869 to evaluate company specific risk that cannot be diversified away. Green Star holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.87, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Green Star are expected to decrease slowly. On the other hand, during market turmoil, Green Star is expected to outperform it slightly. Use Green Star Products jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Green Star Products.
Auto-correlation
-0.39
Poor reverse predictability
Green Star Products has poor reverse predictability. Overlapping area represents the amount of predictability between Green Star time series from 7th of February 2024 to 5th of August 2024 and 5th of August 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 Star Products price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Green Star price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
-0.33
Residual Average
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Price Variance
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Green Star Products lagged returns against current returns
Autocorrelation, which is Green Star pink sheet'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 Star's pink sheet expected returns. We can calculate the autocorrelation of Green Star returns to help us make a trade decision. For example, suppose you find that Green Star has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Star 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 Star pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Star pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Star pink sheet over time.
Current vs Lagged Prices
Timeline
Green Star Lagged Returns
When evaluating Green Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Star pink sheet have on its future price. Green Star 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 Star autocorrelation shows the relationship between Green Star pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Star Products.
Other Information on Investing in Green Pink Sheet
Green Star financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Star security.