Greenlane Stock Based Compensation To Revenue from 2010 to 2024

GRN Stock  CAD 0.1  0.01  5.56%   
Greenlane Renewables Stock Based Compensation To Revenue yearly trend continues to be very stable with very little volatility. Stock Based Compensation To Revenue is likely to drop to 0.01. Stock Based Compensation To Revenue is a metric that compares the total value of stock-based compensation granted by Greenlane Renewables to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards. View All Fundamentals
 
Stock Based Compensation To Revenue  
First Reported
2010-12-31
Previous Quarter
0.01340459
Current Value
0.0127
Quarterly Volatility
0.01783827
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Greenlane Renewables financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenlane Renewables' main balance sheet or income statement drivers, such as Tax Provision of 505.1 K, Net Interest Income of 736 K or Depreciation And Amortization of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 0.75. Greenlane financial statements analysis is a perfect complement when working with Greenlane Renewables Valuation or Volatility modules.
  
This module can also supplement various Greenlane Renewables Technical models . Check out the analysis of Greenlane Renewables Correlation against competitors.

Pair Trading with Greenlane Renewables

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 Greenlane Renewables 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 Greenlane Renewables will appreciate offsetting losses from the drop in the long position's value.

Moving together with Greenlane Stock

  0.81ELF E L FinancialPairCorr
  0.63TPX-B Molson Coors CanadaPairCorr
  0.77FFH Fairfax FinancialPairCorr

Moving against Greenlane Stock

  0.73ELF-PH E L FinancialPairCorr
The ability to find closely correlated positions to Greenlane Renewables could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Renewables 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 Greenlane Renewables - 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 Greenlane Renewables to buy it.
The correlation of Greenlane Renewables 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 Greenlane Renewables moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Renewables 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 Greenlane Renewables 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Greenlane Stock

Greenlane Renewables financial ratios help investors to determine whether Greenlane Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greenlane with respect to the benefits of owning Greenlane Renewables security.