Greenland Technologies Beta vs. Current Ratio
| GTECWDelisted Stock | USD 0.05 0.03 35.00% |
For Greenland Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenland Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenland Technologies Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenland Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenland Technologies Holding over time as well as its relative position and ranking within its peers.
Greenland |
Greenland Technologies Current Ratio vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenland Technologies's current stock value. Our valuation model uses many indicators to compare Greenland Technologies value to that of its competitors to determine the firm's financial worth. Greenland Technologies Holding is one of the top stocks in beta category among its peers. It also is one of the top stocks in current ratio category among its peers fabricating about 0.54 of Current Ratio per Beta. The ratio of Beta to Current Ratio for Greenland Technologies Holding is roughly 1.85 . 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 Greenland Technologies' earnings, one of the primary drivers of an investment's value.Greenland Current Ratio vs. Beta
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.
Greenland Technologies |
| = | 2.77 |
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.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Greenland Technologies |
| = | 1.50 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Greenland Current Ratio Comparison
Greenland Technologies is currently under evaluation in current ratio category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenland Technologies will likely underperform.
Greenland Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenland Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenland Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Greenland Technologies' change in net profit over the period of time. It can combine multiple indicators of Greenland Technologies, 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.
Greenland Technologies Holding Corporation, through its subsidiaries, develops and manufactures transmission and drivetrain systems for material handling machineries and electric vehicles, and electric industrial vehicles in the Peoples Republic of China and internationally. The company was founded in 2006 and is based in Hangzhou, the Peoples Republic of China. Greenland Technologies operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 328 people.
Greenland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenland Technologies. 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 Greenland Technologies 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 Greenland Technologies' important profitability drivers and their relationship over time.
Use Greenland Technologies 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 Greenland Technologies 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 Greenland Technologies will appreciate offsetting losses from the drop in the long position's value.Greenland Technologies Pair Trading
Greenland Technologies Holding Pair Trading Analysis
The ability to find closely correlated positions to Greenland Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenland Technologies 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 Greenland Technologies - 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 Greenland Technologies Holding to buy it.
The correlation of Greenland Technologies 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 Greenland Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenland Technologies 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 Greenland Technologies 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 Greenland Technologies position
In addition to having Greenland Technologies 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?
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Greenland Pink Sheet
If you are still planning to invest in Greenland Technologies 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 Greenland Technologies' history and understand the potential risks before investing.
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