Greenway Technologies Stock Today
| GWTI Stock | USD 0.027 0.003 10.00% |
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Greenway Technologies is trading at 0.027 as of the 30th of November 2023. This is a -10 percent down since the beginning of the trading day. The stock's open price was 0.03. Greenway Technologies has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Greenway Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2021 and ending today, the 30th of November 2023. Click here to learn more.
Greenway Technologies, Inc., through its subsidiary, Greenway Innovative Energy, Inc., engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas fieldresource requirements. The company was formerly known as UMED Holdings, Inc. The company has 377.31 M outstanding shares. More on Greenway Technologies
Moving together with Greenway OTC Stock
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Moving against Greenway OTC Stock
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Greenway OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Greenway Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greenway Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Greenway Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued |
Greenway Technologies [GWTI] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greenway Technologies's market, we take the total number of its shares issued and multiply it by Greenway Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Greenway Technologies conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 377.31 M outstanding shares.
Greenway Technologies currently holds about 35.19 K in cash with (791.91 K) of positive cash flow from operations.
Check Greenway Technologies Probability Of Bankruptcy
OwnershipGreenway Technologies has a total of three hundred seventy-seven million three hundred eleven thousand eight outstanding shares. Greenway Technologies secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Ownership Allocation
Check Greenway Ownership DetailsGreenway Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Greenway Technologies jumping above the current price in 90 days from now is about 18.65%. The Greenway Technologies probability density function shows the probability of Greenway Technologies otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Greenway Technologies has a beta of -3.0959. This usually indicates as returns on its benchmark rise, returns on holding Greenway Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Greenway Technologies is expected to outperform its benchmark. In addition to that, the company has an alpha of 2.9371, implying that it can generate a 2.94 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Greenway Technologies to move above the current price in 90 days from now is about 18.65 (This Greenway Technologies probability density function shows the probability of Greenway OTC Stock to fall within a particular range of prices over 90 days) .
Greenway Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Greenway Technologies market risk premium is the additional return an investor will receive from holding Greenway Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Greenway Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Greenway Technologies' alpha and beta are two of the key measurements used to evaluate Greenway Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.97 | |||
| Standard Deviation | 24.64 | |||
| Variance | 607.08 | |||
| Risk Adjusted Performance | 0.1018 |
Greenway Stock Against Markets
Picking the right benchmark for Greenway Technologies otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greenway Technologies otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greenway Technologies is critical whether you are bullish or bearish towards Greenway Technologies at a given time. Please also check how Greenway Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Greenway Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Greenway OTC Stock?
Before investing in Greenway Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Greenway Technologies. To buy Greenway Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Greenway Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Greenway Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Greenway Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Greenway Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Greenway Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Greenway Technologies?
The danger of trading Greenway Technologies is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greenway Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greenway Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greenway Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check 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 real. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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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