Green Star Products Stock Market Value
| GSPI Stock | USD 0 0.0001 10.00% |
| Symbol | Green |
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.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Green Star on December 9, 2022 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 720 days. Green Star is related to or competes with Akzo Nobel, Avoca LLC, Arkema SA, HUMANA, Barloworld, Morningstar Unconstrained, and Thrivent High. 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.
| Downside Deviation | 18.27 | |||
| Information Ratio | 0.0684 | |||
| Maximum Drawdown | 73.86 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Green Star Market Risk Indicators
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.| Risk Adjusted Performance | 0.069 | |||
| Jensen Alpha | 0.968 | |||
| Total Risk Alpha | (1.09) | |||
| Sortino Ratio | 0.051 | |||
| Treynor Ratio | 1.5 |
Green Star Products Backtested Returns
Green Star is out of control given 3 months investment horizon. Green Star Products holds Efficiency (Sharpe) Ratio of 0.0909, which attests that the entity had a 0.0909% 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 1.27% are justified by taking the suggested risk. Use Green Star Products Risk Adjusted Performance of 0.069, downside deviation of 18.27, and Market Risk Adjusted Performance of 1.51 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 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Green Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Green Star is expected to be smaller as well. 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 | 0.16 |
Very weak predictability
Green Star Products has very weak predictability. Overlapping area represents the amount of predictability between Green Star time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Star Products price movement. The serial correlation of 0.16 indicates that over 16.0% of current Green Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.