Greenway Technology Return On Asset vs. Current Valuation
GWYTDelisted Stock | USD 0.0001 0.00 0.00% |
For Greenway Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenway Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenway Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenway Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenway Technology over time as well as its relative position and ranking within its peers.
Greenway |
Greenway Technology Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenway Technology's current stock value. Our valuation model uses many indicators to compare Greenway Technology value to that of its competitors to determine the firm's financial worth. Greenway Technology is rated below average in return on asset category among its peers. It also is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Greenway Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Greenway Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Greenway Technology |
| = | -0.29 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Greenway Technology |
| = | 353.52 K |
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.
Greenway Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenway Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenway Technology will eventually generate negative long term returns. The profitability progress is the general direction of Greenway Technology's change in net profit over the period of time. It can combine multiple indicators of Greenway Technology, 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.
Greenway Technology intends to operate as Andalusian Resorts and Spas with properties located in Palm Springs, California and Las Vegas, Nevada. It focuses on providing luxury boutique hotel and resort chain catering to the various alternative lifestyles of men and women. Greenway Technology is traded on OTC Exchange in the United States.
Greenway Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenway Technology. 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 Greenway Technology 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 Greenway Technology's important profitability drivers and their relationship over time.
Use Greenway Technology 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 Greenway Technology 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 Greenway Technology will appreciate offsetting losses from the drop in the long position's value.Greenway Technology Pair Trading
Greenway Technology Pair Trading Analysis
The ability to find closely correlated positions to Greenway Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenway Technology 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 Greenway Technology - 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 Greenway Technology to buy it.
The correlation of Greenway Technology 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 Greenway Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenway Technology 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 Greenway Technology 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 Greenway Technology position
In addition to having Greenway Technology 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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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 manufacturing. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Greenway Stock
If you are still planning to invest in Greenway Technology 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 Greenway Technology's history and understand the potential risks before investing.
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