Greenlane Renewables Stock Performance
| GRNWF Stock | USD 0.07 0.01 7.69% |
Greenlane Renewables holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.05, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Greenlane Renewables are expected to decrease by larger amounts. On the other hand, during market turmoil, Greenlane Renewables is expected to outperform it. Use Greenlane Renewables jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Greenlane Renewables.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Greenlane Renewables are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Greenlane Renewables reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 16.4 M | |
| Total Cashflows From Investing Activities | -217 K |
Greenlane |
Greenlane Renewables Relative Risk vs. Return Landscape
If you would invest 4.65 in Greenlane Renewables on October 21, 2024 and sell it today you would earn a total of 2.35 from holding Greenlane Renewables or generate 50.54% return on investment over 90 days. Greenlane Renewables is currently producing 1.01% returns and takes up 8.927% volatility of returns over 90 trading days. Put another way, 79% of traded pink sheets are less volatile than Greenlane, and 80% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Greenlane Renewables Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenlane Renewables' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Greenlane Renewables, and traders can use it to determine the average amount a Greenlane Renewables' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1131
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Estimated Market Risk
| 8.93 actual daily | 79 79% of assets are less volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Greenlane Renewables is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Greenlane Renewables by adding it to a well-diversified portfolio.
Greenlane Renewables Fundamentals Growth
Greenlane Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Greenlane Renewables, and Greenlane Renewables fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Greenlane Pink Sheet performance.
| Return On Equity | -0.0874 | |||
| Return On Asset | -0.0368 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.06) % | |||
| Current Valuation | 41.09 M | |||
| Shares Outstanding | 152.04 M | |||
| Price To Book | 1.38 X | |||
| Price To Sales | 0.78 X | |||
| Revenue | 55.35 M | |||
| EBITDA | (868 K) | |||
| Cash And Equivalents | 23.16 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 1.32 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.36 X | |||
| Cash Flow From Operations | (10.48 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 78.79 M | |||
About Greenlane Renewables Performance
By analyzing Greenlane Renewables' fundamental ratios, stakeholders can gain valuable insights into Greenlane Renewables' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Greenlane Renewables has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Greenlane Renewables has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Greenlane Renewables Inc. designs, develops, sells, and services a range of biogas upgrading systems worldwide. Greenlane Renewables Inc. was founded in 1986 and is headquartered in Burnaby, Canada. Greenlane Renewables operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 120 people.Things to note about Greenlane Renewables performance evaluation
Checking the ongoing alerts about Greenlane Renewables for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Greenlane Renewables help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenlane Renewables is way too risky over 90 days horizon | |
| Greenlane Renewables has some characteristics of a very speculative penny stock | |
| Greenlane Renewables appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 55.35 M. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 14.14 M. | |
| Greenlane Renewables has accumulated about 23.16 M in cash with (10.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Greenlane Renewables' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Greenlane Renewables' stock is overvalued or undervalued compared to its peers.
- Examining Greenlane Renewables' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Greenlane Renewables' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenlane Renewables' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenlane Renewables' pink sheet. These opinions can provide insight into Greenlane Renewables' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Greenlane Pink Sheet analysis
When running Greenlane Renewables' price analysis, check to measure Greenlane Renewables' 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 Greenlane Renewables is operating at the current time. Most of Greenlane Renewables' value examination focuses on studying past and present price action to predict the probability of Greenlane Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlane Renewables' price. Additionally, you may evaluate how the addition of Greenlane Renewables to your portfolios can decrease your overall portfolio volatility.
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