Greengro Tech Stock Performance
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Greengro Tech are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Greengro Tech has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in May 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Total Cashflows From Investing Activities | -2.9 M |
Greengro |
Greengro Tech Relative Risk vs. Return Landscape
If you would invest 0.01 in Greengro Tech on January 18, 2024 and sell it today you would lose (0.01) from holding Greengro Tech or give up 100.0% of portfolio value over 90 days. Greengro Tech is currently does not generate positive expected returns and assumes 12.7% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Greengro, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Greengro Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greengro Tech's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Greengro Tech, and traders can use it to determine the average amount a Greengro Tech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.127
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Estimated Market Risk
12.7 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greengro Tech is not performing at its full potential. However, 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 Greengro Tech by adding Greengro Tech to a well-diversified portfolio.
Greengro Tech Fundamentals Growth
Greengro Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Greengro Tech, and Greengro Tech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Greengro Pink Sheet performance.
Current Valuation | 3.51 M | |||
Shares Outstanding | 585.68 M | |||
Revenue | 1.54 M | |||
EBITDA | (122.9 K) | |||
Cash And Equivalents | 3.54 K | |||
Total Debt | 3.51 M | |||
Debt To Equity | 1.26 % | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (1.26 M) | |||
Earnings Per Share | 0.01 X | |||
Total Asset | 5.38 M | |||
Retained Earnings | (14.72 M) | |||
Current Asset | 902 K | |||
Current Liabilities | 400 K | |||
About Greengro Tech Performance
To evaluate Greengro Tech Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Greengro Tech generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Greengro Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Greengro Tech market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Greengro's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.GreenGro Technologies, Inc. designs, manufactures, and markets green eco-friendly vertical cultivation systems in the United States. The company, formerly known as Authoriszor, Inc., was founded in 1996 and is based in Anaheim, California. Greengro Tech is traded on OTC Exchange in the United States.Things to note about Greengro Tech performance evaluation
Checking the ongoing alerts about Greengro Tech for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Greengro Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Greengro Tech generated a negative expected return over the last 90 days | |
Greengro Tech has high historical volatility and very poor performance | |
Greengro Tech has some characteristics of a very speculative penny stock | |
Greengro Tech has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 1.54 M. Net Loss for the year was (6.87 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Greengro Tech currently holds about 3.54 K in cash with (1.26 M) of positive cash flow from operations. |
- Analyzing Greengro Tech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Greengro Tech's stock is overvalued or undervalued compared to its peers.
- Examining Greengro Tech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Greengro Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greengro Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greengro Tech's pink sheet. These opinions can provide insight into Greengro Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greengro Tech. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Greengro Pink Sheet analysis
When running Greengro Tech's price analysis, check to measure Greengro Tech'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 Greengro Tech is operating at the current time. Most of Greengro Tech's value examination focuses on studying past and present price action to predict the probability of Greengro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greengro Tech's price. Additionally, you may evaluate how the addition of Greengro Tech to your portfolios can decrease your overall portfolio volatility.
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