Greenlight Biosciences Holdings Stock Technical Analysis
GRNAWDelisted Stock | USD 0.02 0 25.00% |
As of the 26th of November, GreenLight Biosciences retains the Market Risk Adjusted Performance of 0.0101, downside deviation of 17.49, and Risk Adjusted Performance of 0.01. GreenLight Biosciences technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out GreenLight Biosciences variance, as well as the relationship between the value at risk and skewness to decide if GreenLight Biosciences is priced fairly, providing market reflects its last-minute price of 0.022 per share. As GreenLight Biosciences appears to be a penny stock we also urge to confirm its total risk alpha numbers.
GreenLight Biosciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GreenLight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GreenLightGreenLight |
GreenLight Biosciences technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
GreenLight Biosciences Technical Analysis
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GreenLight Biosciences Trend Analysis
Use this graph to draw trend lines for GreenLight Biosciences Holdings. You can use it to identify possible trend reversals for GreenLight Biosciences as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual GreenLight Biosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GreenLight Biosciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GreenLight Biosciences Holdings applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that GreenLight Biosciences Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted GreenLight Biosciences price change compared to its average price change.About GreenLight Biosciences Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of GreenLight Biosciences Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of GreenLight Biosciences Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on GreenLight Biosciences price pattern first instead of the macroeconomic environment surrounding GreenLight Biosciences. By analyzing GreenLight Biosciences's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of GreenLight Biosciences's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to GreenLight Biosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
GreenLight Biosciences November 26, 2024 Technical Indicators
Most technical analysis of GreenLight help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GreenLight from various momentum indicators to cycle indicators. When you analyze GreenLight charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.01 | |||
Market Risk Adjusted Performance | 0.0101 | |||
Mean Deviation | 12.98 | |||
Semi Deviation | 14.82 | |||
Downside Deviation | 17.49 | |||
Coefficient Of Variation | 175271.81 | |||
Standard Deviation | 17.96 | |||
Variance | 322.51 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (2.83) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 1.0E-4 | |||
Maximum Drawdown | 85.19 | |||
Value At Risk | (26.09) | |||
Potential Upside | 32.45 | |||
Downside Variance | 305.92 | |||
Semi Variance | 219.62 | |||
Expected Short fall | (16.49) | |||
Skewness | 0.7646 | |||
Kurtosis | 1.21 |
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 nation. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in GreenLight Stock
If you are still planning to invest in GreenLight Biosciences 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 GreenLight Biosciences' history and understand the potential risks before investing.
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