Green Technology Metals Stock Market Value
| GTMLF Stock | 0.06 0.01 10.00% |
| Symbol | Green |
Green Technology '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 Technology'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 Technology.
| 07/28/2024 |
| 01/24/2025 |
If you would invest 0.00 in Green Technology on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Green Technology Metals or generate 0.0% return on investment in Green Technology over 180 days. Green Technology is related to or competes with Surge Battery, Critical Elements, Lithium Ionic, Québec Nickel, IGO, LithiumBank Resources, and Mineral Res. More
Green Technology 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 Technology'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 Technology Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 34.95 | |||
| Value At Risk | (10.33) | |||
| Potential Upside | 6.34 |
Green Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Technology's standard deviation. In reality, there are many statistical measures that can use Green Technology historical prices to predict the future Green Technology's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.1202 |
Green Technology Metals Backtested Returns
Green Technology Metals holds Efficiency (Sharpe) Ratio of -0.03, which attests that the entity had a -0.03 % return per unit of risk over the last 3 months. Green Technology Metals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Technology's Risk Adjusted Performance of (0.02), standard deviation of 5.75, and Market Risk Adjusted Performance of 0.1302 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.47, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Green Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Green Technology is expected to outperform it. At this point, Green Technology Metals has a negative expected return of -0.18%. Please make sure to check out Green Technology's jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Green Technology Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Green Technology Metals has modest reverse predictability. Overlapping area represents the amount of predictability between Green Technology time series from 28th of July 2024 to 26th of October 2024 and 26th of October 2024 to 24th of January 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 Technology Metals price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Green Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green Technology Metals lagged returns against current returns
Autocorrelation, which is Green Technology 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 Technology's pink sheet expected returns. We can calculate the autocorrelation of Green Technology returns to help us make a trade decision. For example, suppose you find that Green Technology 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 Technology 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 Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Technology 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 Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Technology Lagged Returns
When evaluating Green Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Technology pink sheet have on its future price. Green Technology 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 Technology autocorrelation shows the relationship between Green Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Technology Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Green Pink Sheet
Green Technology 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 Technology security.