Greenway Technologies Stock Beta
GWTI Stock | USD 0.01 0.00 0.00% |
Greenway Technologies fundamentals help investors to digest information that contributes to Greenway Technologies' financial success or failures. It also enables traders to predict the movement of Greenway OTC Stock. The fundamental analysis module provides a way to measure Greenway Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenway Technologies otc stock.
Greenway |
Greenway Technologies OTC Stock Beta Analysis
Greenway Technologies' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Greenway Technologies Beta | 0.17 |
Most of Greenway Technologies' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Greenway Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Greenway Technologies has a Beta of 0.1691. This is 90.05% lower than that of the Energy Equipment & Services sector and 90.66% lower than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Greenway Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenway Technologies' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Greenway Technologies could also be used in its relative valuation, which is a method of valuing Greenway Technologies by comparing valuation metrics of similar companies.Greenway Technologies is currently under evaluation in beta category among related companies.
As returns on the market increase, Greenway Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenway Technologies is expected to be smaller as well.
Greenway Fundamentals
Return On Asset | -14.29 | |||
Current Valuation | 7.42 M | |||
Shares Outstanding | 377.31 M | |||
Shares Owned By Insiders | 22.65 % | |||
Price To Sales | 1,243 X | |||
EBITDA | (1.16 M) | |||
Net Income | (1.74 M) | |||
Cash And Equivalents | 35.19 K | |||
Total Debt | 3.67 M | |||
Book Value Per Share | (0.03) X | |||
Cash Flow From Operations | (791.91 K) | |||
Earnings Per Share | (0.01) X | |||
Beta | 0.17 | |||
Market Capitalization | 4.15 M | |||
Total Asset | 60.6 K | |||
Z Score | -62.1 | |||
Net Asset | 60.6 K |
About Greenway Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenway Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenway Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenway Technologies based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Greenway Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Greenway Technologies' short interest history, or implied volatility extrapolated from Greenway Technologies options trading.
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Try AI Portfolio ArchitectCheck 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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