GreenPower Historical Valuation
| GP Stock | USD 0.79 0.01 1.25% |
Some fundamental drivers such as market cap or GreenPower enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze GreenPower Motor valuation indicators such as Enterprise Value of 52.1 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of GreenPower's future value.
GreenPower |
About GreenPower Valuation Data Analysis
Valuation is the financial process of determining what GreenPower is worth. GreenPower valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. GreenPower valuation ratios help investors to determine whether GreenPower Stock 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 GreenPower with respect to the benefits of owning GreenPower security.
GreenPower Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as GreenPower theoretical takeover price. In the event of an acquisition, an acquirer would have to take on GreenPower Motor debt, but would also pocket its cash. Enterprise Value is more accurate representation of GreenPower value than its market capitalization because it takes into account all of GreenPower Motor existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from GreenPower's valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into GreenPower Motor current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of 01/30/2025, Market Cap is likely to grow to about 49.5 M, while Enterprise Value is likely to drop slightly above 52.1 M.
| 2024 | 2025 (projected) | Working Capital | 308.8K | 274.5K | Market Cap | 43.1M | 49.5M |
GreenPower valuation accounts Correlations
GreenPower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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GreenPower valuation accounts Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 450.5M | 149.9M | 54.3M | 47.9M | 43.1M | 49.5M | |
| Enterprise Value | 436.6M | 154.9M | 69.5M | 63.6M | 57.2M | 52.1M |
Pair Trading with GreenPower
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GreenPower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GreenPower will appreciate offsetting losses from the drop in the long position's value.Moving together with GreenPower Stock
Moving against GreenPower Stock
| 0.53 | B | Barnes Group | PairCorr |
| 0.52 | R | Ryder System | PairCorr |
| 0.45 | DIST | Distoken Acquisition | PairCorr |
| 0.43 | CMCO | Columbus McKinnon | PairCorr |
| 0.35 | AL | Air Lease | PairCorr |
The ability to find closely correlated positions to GreenPower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenPower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GreenPower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GreenPower Motor to buy it.
The correlation of GreenPower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GreenPower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenPower Motor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GreenPower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for GreenPower Stock Analysis
When running GreenPower's price analysis, check to measure GreenPower'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 GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.