Greenrose Acquisition Current Valuation vs. Price To Sales
| GNRSDelisted Stock | USD 0.28 0.05 21.74% |
For Greenrose Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenrose Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenrose Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenrose Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenrose Acquisition Corp over time as well as its relative position and ranking within its peers.
Greenrose |
Greenrose Acquisition Price To Sales vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenrose Acquisition's current stock value. Our valuation model uses many indicators to compare Greenrose Acquisition value to that of its competitors to determine the firm's financial worth. Greenrose Acquisition Corp is rated # 2 in current valuation category among its peers. It is rated below average in price to sales category among its peers . The ratio of Current Valuation to Price To Sales for Greenrose Acquisition Corp is about 585,818,257 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Greenrose Acquisition's earnings, one of the primary drivers of an investment's value.Greenrose Current Valuation vs. Competition
Greenrose Acquisition Corp is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Drug Manufacturers—Specialty & Generic industry is currently estimated at about 567.15 Million. Greenrose Acquisition totals roughly 147.92 Million in current valuation claiming about 26% of equities under Drug Manufacturers—Specialty & Generic industry.
Greenrose Price To Sales vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Greenrose Acquisition |
| = | 147.92 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Greenrose Acquisition |
| = | 0.25 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Greenrose Price To Sales Comparison
Greenrose Acquisition is currently under evaluation in price to sales category among its peers.
Greenrose Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenrose Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenrose Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Greenrose Acquisition's change in net profit over the period of time. It can combine multiple indicators of Greenrose Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Greenrose Holding Company Inc., through its subsidiaries, engages in the production and sale of cannabis products. The company was founded in 2014 and is headquartered in Amityville, New York. Greenrose Acquisition operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 91 people.
Greenrose Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenrose Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greenrose Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greenrose Acquisition's important profitability drivers and their relationship over time.
Use Greenrose Acquisition in pair-trading
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 Greenrose Acquisition 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 Greenrose Acquisition will appreciate offsetting losses from the drop in the long position's value.Greenrose Acquisition Pair Trading
Greenrose Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Greenrose Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenrose Acquisition 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 Greenrose Acquisition - 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 Greenrose Acquisition Corp to buy it.
The correlation of Greenrose Acquisition 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 Greenrose Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenrose Acquisition 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 Greenrose Acquisition 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.Use Investing Themes to Complement your Greenrose Acquisition position
In addition to having Greenrose Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Marijuana Thematic Idea Now
Marijuana
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marijuana Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Greenrose OTC Stock
If you are still planning to invest in Greenrose Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Greenrose Acquisition's history and understand the potential risks before investing.
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