Green Plains Renewable Stock Technical Analysis
GPRE Stock | USD 21.75 0.52 2.33% |
As of the 25th of April, Green Plains retains the Market Risk Adjusted Performance of 0.1086, risk adjusted performance of 0.0366, and Downside Deviation of 2.32. Green Plains technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Green Plains Renewable, which can be compared to its competitors. Please check out Green Plains Renewable treynor ratio, and the relationship between the standard deviation and downside variance to decide if Green Plains is priced fairly, providing market reflects its last-minute price of 21.75 per share. Given that Green Plains Renewable has jensen alpha of 0.017, we strongly advise you to confirm Green Plains Renewable's regular market performance to make sure the company can sustain itself at a future point.
Green Plains Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Green, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GreenGreen |
Green Plains Analyst Consensus
Target Price | Advice | # of Analysts | |
41.33 | Strong Buy | 11 | Odds |
Most Green analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Green stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Green Plains Renewable, talking to its executives and customers, or listening to Green conference calls.
Green Plains technical 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, stock market cycles, or different charting patterns.
Green Plains Renewable Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Green Plains Renewable volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Green Plains Renewable Trend Analysis
Use this graph to draw trend lines for Green Plains Renewable. You can use it to identify possible trend reversals for Green Plains as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Green Plains price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Green Plains Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Green Plains Renewable applied against its price change over selected period. The best fit line has a slop of 0 , which means Green Plains Renewable will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.34, which is the sum of squared deviations for the predicted Green Plains price change compared to its average price change.About Green Plains Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Green Plains Renewable on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Green Plains Renewable based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Green Plains Renewable price pattern first instead of the macroeconomic environment surrounding Green Plains Renewable. By analyzing Green Plains's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Green Plains's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Green Plains specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005705 | 0.0133 | 0.0153 | 0.0146 | Price To Sales Ratio | 0.57 | 0.46 | 0.45 | 0.43 |
Green Plains April 25, 2024 Technical Indicators
Most technical analysis of Green help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Green from various momentum indicators to cycle indicators. When you analyze Green charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0366 | |||
Market Risk Adjusted Performance | 0.1086 | |||
Mean Deviation | 2.08 | |||
Semi Deviation | 2.22 | |||
Downside Deviation | 2.32 | |||
Coefficient Of Variation | 2170.06 | |||
Standard Deviation | 2.94 | |||
Variance | 8.65 | |||
Information Ratio | 0.0137 | |||
Jensen Alpha | 0.017 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0173 | |||
Treynor Ratio | 0.0986 | |||
Maximum Drawdown | 18.64 | |||
Value At Risk | (3.53) | |||
Potential Upside | 4.57 | |||
Downside Variance | 5.38 | |||
Semi Variance | 4.93 | |||
Expected Short fall | (2.42) | |||
Skewness | 1.48 | |||
Kurtosis | 4.83 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Plains Renewable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Green Stock analysis
When running Green Plains' price analysis, check to measure Green Plains' 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 Green Plains is operating at the current time. Most of Green Plains' value examination focuses on studying past and present price action to predict the probability of Green Plains' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Plains' price. Additionally, you may evaluate how the addition of Green Plains to your portfolios can decrease your overall portfolio volatility.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is Green Plains' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Green Plains. If investors know Green will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Green Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.661 | Earnings Share (1.59) | Revenue Per Share 56.037 | Quarterly Revenue Growth (0.22) | Return On Assets (0.02) |
The market value of Green Plains Renewable is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Plains' value that differs from its market value or its book value, called intrinsic value, which is Green Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Green Plains' market value can be influenced by many factors that don't directly affect Green Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Green Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Plains' 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.