Greenland Acquisition Corp Stock Performance
| GTEC Stock | USD 1.69 0.03 1.81% |
The company retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Greenland Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenland Acquisition is expected to be smaller as well. Greenland Acquisition has an expected return of -1.07%. Please make sure to check out Greenland Acquisition skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Greenland Acquisition performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Greenland Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in May 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVIs Approved Service Provider Network Program | 01/30/2024 |
2 | Greenland Technologies Announces Addition of Correlli Incorporated to HEVIs Fast Growing Approved Service Provider Network Program | 02/06/2024 |
3 | Greenland secures electric loader deal with East Energy | 02/13/2024 |
4 | Greenlands Board Approves Spin-off and Creation of Pureplay Industrial EV Company | 02/14/2024 |
5 | Greenland Technologies Holding Will Want To Turn Around Its Return Trends | 02/15/2024 |
6 | Is It Too Late To Consider Buying Greenland Technologies Holding Corporation | 03/07/2024 |
7 | Update Greenland Technologies Plans April 2024 Initial Sales Delivery to Marylands Port of Baltimore | 03/21/2024 |
8 | Greenland Technologies Operations Unaffected by Francis Scott Key Bridge Collapse in Baltimore, MD Company Reaffirms April 2024 Sales Delivery Plan | 04/01/2024 |
9 | Greenland Expands HEVIs Fast Growing Approved Service Provider Network to North Carolina with Addition of Truck and Auto Repair | 04/02/2024 |
10 | Port Authority of New York and New Jersey to Purchase HEVIs GEL-5000 Electric Front Loader | 04/23/2024 |
| Begin Period Cash Flow | 19.7 M |
Greenland |
Greenland Acquisition Relative Risk vs. Return Landscape
If you would invest 360.00 in Greenland Acquisition Corp on January 25, 2024 and sell it today you would lose (191.00) from holding Greenland Acquisition Corp or give up 53.06% of portfolio value over 90 days. Greenland Acquisition Corp is currently does not generate positive expected returns and assumes 4.9986% risk (volatility on return distribution) over the 90 days horizon. In different words, 44% of stocks are less volatile than Greenland, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Greenland Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenland Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greenland Acquisition Corp, and traders can use it to determine the average amount a Greenland Acquisition'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 = -0.2131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GTEC |
Estimated Market Risk
| 5.0 actual daily | 44 56% of assets are more volatile |
Expected Return
| -1.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenland Acquisition 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 Greenland Acquisition by adding Greenland Acquisition to a well-diversified portfolio.
Greenland Acquisition Fundamentals Growth
Greenland Stock prices reflect investors' perceptions of the future prospects and financial health of Greenland Acquisition, and Greenland Acquisition 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 Greenland Stock performance.
| Return On Equity | -0.38 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (0.18) % | |||
| Operating Margin | (1.42) % | |||
| Current Valuation | 6.98 M | |||
| Shares Outstanding | 13.59 M | |||
| Price To Earning | 2.15 X | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 90.33 M | |||
| Gross Profit | 19.59 M | |||
| EBITDA | (21.49 M) | |||
| Net Income | (15.88 M) | |||
| Cash And Equivalents | 10.88 M | |||
| Cash Per Share | 0.87 X | |||
| Total Debt | 45.95 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 1.80 X | |||
| Book Value Per Share | 3.68 X | |||
| Cash Flow From Operations | 2.45 M | |||
| Earnings Per Share | (1.20) X | |||
| Market Capitalization | 22.97 M | |||
| Total Asset | 130.48 M | |||
| Retained Earnings | 18.54 M | |||
| Working Capital | 27.27 M | |||
| Current Asset | 88.64 M | |||
| Current Liabilities | 36.96 M | |||
About Greenland Acquisition Performance
To evaluate Greenland Acquisition Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Greenland Acquisition 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 Greenland Stock'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 Greenland Acquisition market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Greenland'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 136.37 | 88.91 | |
| Return On Tangible Assets | (0.13) | (0.12) | |
| Return On Capital Employed | (0.41) | (0.39) | |
| Return On Assets | (0.12) | (0.12) | |
| Return On Equity | (0.32) | (0.30) |
Things to note about Greenland Acquisition performance evaluation
Checking the ongoing alerts about Greenland Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Greenland Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenland Acquisition generated a negative expected return over the last 90 days | |
| Greenland Acquisition may become a speculative penny stock | |
| Greenland Acquisition has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 90.33 M. Net Loss for the year was (15.88 M) with profit before overhead, payroll, taxes, and interest of 19.59 M. | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Port Authority of New York and New Jersey to Purchase HEVIs GEL-5000 Electric Front Loader |
- Analyzing Greenland Acquisition'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 Greenland Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Greenland Acquisition'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 Greenland Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenland Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenland Acquisition's stock. These opinions can provide insight into Greenland Acquisition'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 Greenland Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Greenland Acquisition information on this page should be used as a complementary analysis to other Greenland Acquisition's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Greenland Stock analysis
When running Greenland Acquisition's price analysis, check to measure Greenland Acquisition'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 Greenland Acquisition is operating at the current time. Most of Greenland Acquisition's value examination focuses on studying past and present price action to predict the probability of Greenland Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenland Acquisition's price. Additionally, you may evaluate how the addition of Greenland Acquisition to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| 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 | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Greenland Acquisition's 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 Greenland Acquisition. If investors know Greenland 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 Greenland Acquisition 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 0.385 | Earnings Share (1.20) | Revenue Per Share 6.828 | Quarterly Revenue Growth 0.19 | Return On Assets (0.10) |
The market value of Greenland Acquisition is measured differently than its book value, which is the value of Greenland that is recorded on the company's balance sheet. Investors also form their own opinion of Greenland Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Greenland Acquisition's 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 Greenland Acquisition's market value can be influenced by many factors that don't directly affect Greenland Acquisition's 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 Greenland Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenland Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenland Acquisition's 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.