Greengro Tech Cash Flow from Operations vs. Current Asset
| GRNH Stock | USD 0.0001 0.00 0.00% |
For Greengro Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greengro Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greengro Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greengro Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greengro Tech over time as well as its relative position and ranking within its peers.
Greengro |
Greengro Tech Current Asset vs. Cash Flow from Operations Fundamental Analysis
Greengro Current Asset vs. Cash Flow from Operations
Greengro Tech | = | null |
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Greengro Tech |
| = | 902 K |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Greengro Current Asset Comparison
Greengro Tech is currently under evaluation in current asset category among related companies.
Use Greengro Tech in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greengro Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greengro Tech will appreciate offsetting losses from the drop in the long position's value.Greengro Tech Pair Trading
Greengro Tech Pair Trading Analysis
The ability to find closely correlated positions to Greengro Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greengro Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greengro Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greengro Tech to buy it.
The correlation of Greengro Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greengro Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greengro Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greengro Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Greengro Tech position
In addition to having Greengro Tech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Warren Buffett Holdings Thematic Idea Now
Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Warren Buffett Holdings Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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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To fully project Greengro Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greengro Tech at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greengro Tech's income statement, its balance sheet, and the statement of cash flows.