Greenway Technologies holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had -0.13% of return per unit of risk over the last 3 months. Our standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Greenway Technologies exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Greenway Technologies Market Risk Adjusted Performance of (0.79), standard deviation of 1.23, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
30 Days Market Risk
Chance of Distress
30 Days Economic Sensitivity
Greenway Technologies OTC Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Greenway daily returns, and it is calculated using variance and standard deviation. We also use Greenway's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Greenway Technologies volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Greenway Technologies can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Greenway Technologies at lower prices. For example, an investor can purchase Greenway stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Greenway Technologies' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Greenway Technologies Market Sensitivity And Downside Risk
Greenway Technologies' beta coefficient measures the volatility of Greenway otc stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Greenway otc stock's returns against your selected market. In other words, Greenway Technologies's beta of 0.2 provides an investor with an approximation of how much risk Greenway Technologies otc stock can potentially add to one of your existing portfolios.Greenway Technologies exhibits very low volatility with skewness of -8.12 and kurtosis of 66.0. However, we advise investors to further study Greenway Technologies technical indicators to ensure that all market info is available and is reliable. Greenway Technologies is a penny stock. Even though Greenway Technologies may be a good instrument to invest, many penny otc stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Greenway Technologies or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Greenway instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals. 3 Months Beta |Analyze Greenway Technologies Demand TrendCheck current 90 days Greenway Technologies correlation with market (NYSE Composite)
Greenway standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
It is essential to understand the difference between upside risk (as represented by Greenway Technologies's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Greenway Technologies' daily returns or price. Since the actual investment returns on holding a position in greenway otc stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Greenway Technologies.
Greenway Technologies OTC Stock Volatility Analysis
Volatility refers to the frequency at which Greenway Technologies otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Greenway Technologies' price changes. Investors will then calculate the volatility of Greenway Technologies' otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Greenway Technologies' volatility:
Historical VolatilityThis type of otc volatility measures Greenway Technologies' fluctuations based on previous trends. It's commonly used to predict Greenway Technologies' future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.
Implied VolatilityThis type of volatility provides a positive outlook on future price fluctuations for Greenway Technologies' current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Greenway Technologies' to be redeemed at a future date.
Greenway Technologies Projected Return Density Against MarketGiven the investment horizon of 90 days Greenway Technologies has a beta of 0.2016 . This usually indicates as returns on the market go up, Greenway Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Greenway Technologies will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Greenway Technologies or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Greenway Technologies' price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Greenway otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Greenway Technologies is significantly underperforming NYSE Composite. Greenway Technologies' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how greenway otc stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.
What Drives a Greenway Technologies Price Volatility?Several factors can influence a otc's market volatility:
IndustrySpecific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.
Political and Economic environmentWhen governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.
The Company's PerformanceSometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.
Greenway Technologies OTC Stock Risk Measures
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Greenway Technologies or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Greenway Technologies' price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Greenway otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Given the investment horizon of 90 days the coefficient of variation of Greenway Technologies is -787.4. The daily returns are distributed with a variance of 1.61 and standard deviation of 1.27. The mean deviation of Greenway Technologies is currently at 0.32. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.58
Greenway Technologies OTC Stock Return VolatilityGreenway Technologies historical daily return volatility represents how much of Greenway Technologies otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 1.27% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.5754% volatility on return distribution over the 90 days horizon.
About Greenway Technologies Volatility
Volatility is a rate at which the price of Greenway Technologies or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Greenway Technologies may increase or decrease. In other words, similar to Greenway's beta indicator, it measures the risk of Greenway Technologies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Greenway Technologies fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.Please read more on our technical analysis page.
Greenway Technologies' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Greenway OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Greenway Technologies' price varies over time.
3 ways to utilize Greenway Technologies' volatility to invest betterHigher Greenway Technologies' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Greenway Technologies stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Greenway Technologies stock volatility can provide helpful information for making investment decisions in the following ways:
- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Greenway Technologies investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Greenway Technologies' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Greenway Technologies' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Greenway Technologies Investment OpportunityGreenway Technologies has a volatility of 1.27 and is 2.19 times more volatile than NYSE Composite. 11 of all equities and portfolios are less risky than Greenway Technologies. Compared to the overall equity markets, volatility of historical daily returns of Greenway Technologies is lower than 11 () of all global equities and portfolios over the last 90 days. Use Greenway Technologies to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Greenway Technologies to be traded at $0.0085 in 90 days.
Greenway Technologies Additional Risk Indicators
The analysis of Greenway Technologies' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Greenway Technologies' investment and either accepting that risk or mitigating it. Along with some common measures of Greenway Technologies otc stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Greenway Technologies Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Greenway Technologies as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Greenway Technologies' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Greenway Technologies' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Greenway Technologies.
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 non-hispanic. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.