Greenway Technologies Stock Price on May 25, 2023
| GWTI Stock | USD 0.01 0.00 0.00% |
If you're considering investing in Greenway OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Greenway Technologies stands at 0.01, as last reported on the 16th of April 2024, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Greenway Technologies appears to be out of control, given 3 months investment horizon. Greenway Technologies holds Efficiency (Sharpe) Ratio of 0.0328, which attests that the entity had a 0.0328% return per unit of risk over the last 3 months. By evaluating Greenway Technologies' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Greenway Technologies' Market Risk Adjusted Performance of 0.0086, risk adjusted performance of 0.0096, and Variance of 230.77 to validate if our risk estimates are consistent with your expectations.
Greenway OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Greenway |
Sharpe Ratio = 0.0328
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Estimated Market Risk
| 16.23 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Greenway Technologies is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Greenway Technologies by adding it to a well-diversified portfolio.
Greenway Technologies Valuation on May 25, 2023
It is possible to determine the worth of Greenway Technologies on a given historical date. On May 25, 2023 Greenway was worth 0.01 at the beginning of the trading date compared to the closed value of 0.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenway Technologies otc stock. Still, in general, we apply an absolute valuation method to find Greenway Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Greenway Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenway Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 2,600 | |
05/25/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
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Greenway Technologies Trading Date Momentum on May 25, 2023
| On May 26 2023 Greenway Technologies was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on May 26, 2023 did not cause price change. The overall trading delta against the current closing price is 0.00% . |
Greenway Technologies Fundamentals Correlations and Trends
By evaluating Greenway Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenway Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenway Technologies OTC Stock history
Greenway Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Greenway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenway Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Greenway Technologies stock prices may prove useful in developing a viable investing in Greenway Technologies
Greenway Technologies, Inc., through its subsidiary, Greenway Innovative Energy, Inc., engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas fieldresource requirements. The company was formerly known as UMED Holdings, Inc. and changed its name to Greenway Technologies, Inc. in June 2017. Greenway Technologies operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2 people.
Greenway Technologies OTC Stock Technical Analysis
Greenway Technologies technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Greenway Technologies Period Price Range
Low | May 25, 2023
| High |
0.01 | 0.01 |
Greenway Technologies April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenway Technologies otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenway Technologies shares will generate the highest return on investment. By undertsting and applying Greenway Technologies otc stock market strength indicators, traders can identify Greenway Technologies entry and exit signals to maximize returns
Greenway Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenway Technologies' price direction in advance. Along with the technical and fundamental analysis of Greenway OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenway to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0096 | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.29) | |||
| Treynor Ratio | (0) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenway Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Greenway OTC Stock analysis
When running Greenway Technologies' price analysis, check to measure Greenway Technologies' 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 Greenway Technologies is operating at the current time. Most of Greenway Technologies' value examination focuses on studying past and present price action to predict the probability of Greenway Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenway Technologies' price. Additionally, you may evaluate how the addition of Greenway Technologies to your portfolios can decrease your overall portfolio volatility.
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