Greenpower Motor Stock Today

GPV Stock  CAD 2.72  0.03  1.09%   

Performance

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Odds Of Distress

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GreenPower is selling for under 2.72 as of the 28th of March 2024; that is -1.09 percent down since the beginning of the trading day. The stock's lowest day price was 2.68. GreenPower has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for GreenPower Motor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Automobiles & Components
Category
Industrials
Classification
Consumer Discretionary
GreenPower Motor Company Inc. develops, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. It offers a suite of high-floor and low-floor vehicles, including transit buses, school buses, shuttles, cargo vans, and double deckers. The company has 24.99 M outstanding shares of which 18.71 K shares are currently shorted by private and institutional investors with about 2.37 days to cover all short positions. More on GreenPower Motor

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GreenPower Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GreenPower's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GreenPower or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorPhillip Oldridge
Business ConcentrationAutomobile Manufacturers, Farm & Heavy Construction Machinery, Consumer Discretionary, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors)
GreenPower's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GreenPower's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GreenPower's financial leverage. It provides some insight into what part of GreenPower's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on GreenPower's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how GreenPower deploys its capital and how much of that capital is borrowed.
Liquidity
GreenPower cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 9.9 M in total debt. GreenPower Motor has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GreenPower until it has trouble settling it off, either with new capital or with free cash flow. So, GreenPower's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GreenPower Motor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GreenPower to invest in growth at high rates of return. When we think about GreenPower's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

(6.27 Million)
GreenPower Motor (GPV) is traded on TSX Venture Exchange in Canada and employs 112 people. GreenPower is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 68.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GreenPower's market, we take the total number of its shares issued and multiply it by GreenPower's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GreenPower Motor classifies itself under Automobiles sector and is part of Consumer Discretionary industry. The entity has 24.99 M outstanding shares of which 18.71 K shares are currently shorted by private and institutional investors with about 2.37 days to cover all short positions. GreenPower Motor has accumulated about 47.03 K in cash with (14.76 M) of positive cash flow from operations.
Check GreenPower Probability Of Bankruptcy
Ownership Allocation
GreenPower secures a total of 24.99 Million outstanding shares. GreenPower secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check GreenPower Ownership Details

GreenPower Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of GreenPower jumping above the current price in 90 days from now is about 91.58%. The GreenPower Motor probability density function shows the probability of GreenPower stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon GreenPower Motor has a beta of -1.7943. This usually indicates as returns on its benchmark rise, returns on holding GreenPower Motor are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, GreenPower is expected to outperform its benchmark. Additionally, greenPower Motor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 2.72HorizonTargetOdds Above 2.72
8.38%90 days
 2.72 
91.58%
Based on a normal probability distribution, the odds of GreenPower to move above the current price in 90 days from now is about 91.58 (This GreenPower Motor probability density function shows the probability of GreenPower Stock to fall within a particular range of prices over 90 days) .

GreenPower Motor Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. GreenPower market risk premium is the additional return an investor will receive from holding GreenPower long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GreenPower. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although GreenPower's alpha and beta are two of the key measurements used to evaluate GreenPower's performance over the market, the standard measures of volatility play an important role as well.

GreenPower Stock Against Markets

Picking the right benchmark for GreenPower stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GreenPower stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GreenPower is critical whether you are bullish or bearish towards GreenPower Motor at a given time. Please also check how GreenPower's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GreenPower without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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GreenPower Corporate Executives

Elected by the shareholders, the GreenPower's board of directors comprises two types of representatives: GreenPower inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GreenPower. The board's role is to monitor GreenPower's management team and ensure that shareholders' interests are well served. GreenPower's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GreenPower's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy GreenPower Stock?

Before investing in GreenPower, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GreenPower. To buy GreenPower stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GreenPower. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GreenPower stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GreenPower Motor stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GreenPower Motor stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GreenPower Motor, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GreenPower Stock please use our How to Invest in GreenPower guide.

Already Invested in GreenPower Motor?

The danger of trading GreenPower Motor is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GreenPower is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GreenPower. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GreenPower Motor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GreenPower Motor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GreenPower Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Greenpower Motor Stock. Highlighted below are key reports to facilitate an investment decision about Greenpower Motor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for GreenPower Stock analysis

When running GreenPower's price analysis, check to measure GreenPower's 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 GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GreenPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenPower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.