Greentech Metals Revenue vs. Beta
| GRE Stock | 0.09 0.01 8.60% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 78.3 K | Current Value 82.2 K | Quarterly Volatility 31.7 K |
For Greentech Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greentech Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greentech Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greentech Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greentech Metals over time as well as its relative position and ranking within its peers.
Greentech |
Greentech Metals Beta vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greentech Metals's current stock value. Our valuation model uses many indicators to compare Greentech Metals value to that of its competitors to determine the firm's financial worth. Greentech Metals is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in beta category among its peers . The ratio of Revenue to Beta for Greentech Metals is about 89,387 . At this time, Greentech Metals' Total Revenue is comparatively stable compared to the past year. 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 Greentech Metals' earnings, one of the primary drivers of an investment's value.Greentech Revenue vs. Competition
Greentech Metals is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 3.68 Billion. Greentech Metals adds roughly 68,113 in revenue claiming only tiny portion of all equities under Materials industry.
Greentech Beta vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Greentech Metals |
| = | 68.11 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Greentech Metals |
| = | 0.76 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Greentech Beta Comparison
Greentech Metals is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Greentech Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greentech Metals is expected to be smaller as well.
Greentech Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greentech Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greentech Metals will eventually generate negative long term returns. The profitability progress is the general direction of Greentech Metals' change in net profit over the period of time. It can combine multiple indicators of Greentech Metals, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 14.9 M | 15.6 M | |
| Interest Income | 954.50 | 916.66 | |
| Operating Income | -5 M | -4.8 M | |
| Income Before Tax | -5 M | -4.7 M | |
| Total Other Income Expense Net | 32.5 K | 34.1 K | |
| Net Loss | -749 K | -786.5 K | |
| Net Loss | -5 M | -4.7 M | |
| Income Tax Expense | 33.3 K | 34.9 K | |
| Net Interest Income | (954.50) | (1,002) | |
| Net Loss | -957.1 K | -1 M | |
| Change To Netincome | -106.3 K | -101 K |
Greentech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greentech Metals. 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 Greentech Metals 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 Greentech Metals' important profitability drivers and their relationship over time.
Use Greentech Metals 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 Greentech Metals 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 Greentech Metals will appreciate offsetting losses from the drop in the long position's value.Greentech Metals Pair Trading
Greentech Metals Pair Trading Analysis
The ability to find closely correlated positions to Greentech Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greentech Metals 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 Greentech Metals - 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 Greentech Metals to buy it.
The correlation of Greentech Metals 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 Greentech Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greentech Metals 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 Greentech Metals 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 Greentech Metals position
In addition to having Greentech Metals 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 31 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 Precious Metals Funds Theme or any other thematic opportunities.
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Additional Tools for Greentech Stock Analysis
When running Greentech Metals' price analysis, check to measure Greentech Metals' 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 Greentech Metals is operating at the current time. Most of Greentech Metals' value examination focuses on studying past and present price action to predict the probability of Greentech Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greentech Metals' price. Additionally, you may evaluate how the addition of Greentech Metals to your portfolios can decrease your overall portfolio volatility.