Is Greenlane Holdings (USA Stocks:GNLN) moving to revert?

The entity has a beta of 1.3186. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenlane Holdings will likely underperform. The beta indicator helps investors understand whether Greenlane Holdings moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Greenlane deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The big decline in price over the last few months for Greenlane Holdingsmay raise some interest from insiders. The stock closed today at a share price of 0.58 on 30,708 in trading volume. The company management teams failed to add value to investors and position the firm supply of money to exploit market volatility in November. However, diversifying your holdings with Greenlane Holdings or similar stocks can still protect your portfolios during high-volatility market scenarios.The stock standard deviation of daily returns for 90 days investing horizon is currently 4.91. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Greenlane Holdings partners. "Buy when there's blood in the streets," goes the old investment adage. Greenlane Holdings, a distributor in the consumer defensive sector, might just be the opportunity to put this saying into practice. The stock recently dipped over 4%, presenting a potential buying opportunity. Despite reporting losses of $125.9M and a high probability of bankruptcy at 76.85%, the company's fundamentals show some promise. With a book value per share of 46.99X and cash per share at 1.24X, the company has some financial cushion. Furthermore, the company's shares are currently trading at a low price to sales ratio of 0.02X, indicating that the stock may be undervalued. However, potential investors should note the company's high beta of 1.89, suggesting higher volatility and risk. .

Greenlane Holdings bad newscasts are not so bad

Despite the recent downturn, the situation for Greenlane Holdings' stock, which has experienced a maximum drawdown of 23.61 as of today, may not be as bleak as it appears. This significant drawdown is a common event in the unpredictable world of stock trading and does not necessarily indicate a long-term decline. In fact, it could represent a potential buying opportunity for investors who have faith in the company's fundamentals and growth prospects. Therefore, the negative news surrounding Greenlane Holdings may not be as damaging as it seems. Greenlane Holdings displays very low volatility, with a skewness of -0.16 and a kurtosis of 0.95. However, we recommend investors to further examine Greenlane Holdings' technical indicators to ensure all market information is available and reliable. Greenlane Holdings is potentially a penny stock. While Greenlane Holdings may indeed be a good investment, many penny stocks are speculative and subject to artificial price inflation. We urge investors to fully understand the upside potential and downside risk of investing in Greenlane Holdings. Investors should be on the lookout for signals such as email spam, message board hype, claims of breakthroughs, volume upswings, sudden news releases, unreported promotions, or demotions released before SEC filings. We also advise checking the biographies and work histories of current and past company officers before investing in high volatility instruments, penny stocks, or equities with a microcap classification.Investors can indeed profit from Greenlane Holdings if they perfectly time their entry and exit. However, it's important to remember that penny stocks that have been subject to artificial hype usually cannot maintain their increased share price for more than 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 by solid fundamentals. Despite Greenlane Holdings' recent decline of more than -4 percent, it's important to consider the broader picture. The company's valuation metrics indicate a potential for growth, with a Real Value of 0.53 and a Market Value of 0.58. The Hype Value, slightly higher at 0.57, suggests that the market may be overestimating the company's potential. With the fiscal year end in December, investors should monitor the company's performance closely. The analyst overall consensus is a 'Hold', with only one analyst recommending to hold the stock. Therefore, while the recent decline may raise concerns, it's crucial to consider these factors before making any investment decisions. .