Is Greenwave Technology Stock a Good Investment?
Greenwave Technology Investment Advice | GWAV |
- Examine Greenwave Technology's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Greenwave Technology's leadership team and their track record. Good management can help Greenwave Technology navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact Greenwave Technology's business and its evolving consumer preferences.
- Compare Greenwave Technology's performance and market position to its competitors. Analyze how Greenwave Technology is positioned in terms of product offerings, innovation, and market share.
- Check if Greenwave Technology pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Greenwave Technology's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Greenwave Technology Solutions stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Greenwave Technology Solutions is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Greenwave Technology Stock
Researching Greenwave Technology's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Greenwave Technology recorded a loss per share of 24.7. The entity had not issued any dividends in recent years. The firm had 1:150 split on the 3rd of June 2024.
To determine if Greenwave Technology is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Greenwave Technology's research are outlined below:
| Greenwave Technology is way too risky over 90 days horizon | |
| Greenwave Technology has some characteristics of a very speculative penny stock | |
| Greenwave Technology appears to be risky and price may revert if volatility continues | |
| Greenwave Technology has high likelihood to experience some financial distress in the next 2 years | |
| Greenwave Technology Solutions currently holds 38.61 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Greenwave Technology has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Greenwave Technology's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 35.67 M. Net Loss for the year was (26.94 M) with profit before overhead, payroll, taxes, and interest of 803.85 K. | |
| Greenwave Technology Solutions currently holds about 1.57 M in cash with (1.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Greenwave Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 13.0% of Greenwave Technology shares are held by company insiders | |
| Latest headline from benzinga.com: Whats Going On With Greenwave Technology Solutions Stock Today |
Greenwave Technology Quarterly Liabilities And Stockholders Equity |
|
Greenwave Technology uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Greenwave Technology Solutions. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Greenwave Technology's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Greenwave Technology's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Greenwave Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Greenwave Technology Solutions backward and forwards among themselves. Greenwave Technology's institutional investor refers to the entity that pools money to purchase Greenwave Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Advisor Group Holdings, Inc. | 2024-06-30 | 50.0 | Bank Of America Corp | 2024-06-30 | 5.0 | Main Street Group Ltd | 2024-06-30 | 1.0 | Susquehanna International Group, Llp | 2024-06-30 | 0.0 | Northern Trust Corp | 2024-06-30 | 0.0 | Advisornet Financial, Inc | 2024-09-30 | 0.0 | Global Retirement Partners, Llc. | 2024-09-30 | 0.0 | Cornerstone Planning Group Llc | 2024-09-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 | Anson Funds Management Lp | 2024-09-30 | 558.7 K | Sabby Management Llc | 2024-06-30 | 229.5 K |
Greenwave Technology's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.54 M.Market Cap |
|
Greenwave Technology's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.02) | (1.07) | |
| Return On Capital Employed | (0.84) | (0.89) | |
| Return On Assets | (0.58) | (0.61) | |
| Return On Equity | 6.05 | 6.35 |
Determining Greenwave Technology's profitability involves analyzing its financial statements and using various financial metrics to determine if Greenwave Technology is a good buy. For example, gross profit margin measures Greenwave Technology's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Greenwave Technology's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Greenwave Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Greenwave Technology Solutions. Check Greenwave Technology's Beneish M Score to see the likelihood of Greenwave Technology's management manipulating its earnings.
Evaluate Greenwave Technology's management efficiency
Greenwave Technology has return on total asset (ROA) of (0.1839) % which means that it has lost $0.1839 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6568) %, meaning that it created substantial loss on money invested by shareholders. Greenwave Technology's management efficiency ratios could be used to measure how well Greenwave Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to climb to 6.35 in 2024, whereas Return On Tangible Assets are likely to drop (1.07) in 2024. At this time, Greenwave Technology's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 45.9 M in 2024, despite the fact that Net Tangible Assets are likely to grow to (44.2 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (51.15) | (53.71) | |
| Tangible Book Value Per Share | (279.58) | (293.56) | |
| Enterprise Value Over EBITDA | (4.20) | (3.99) | |
| Price Book Value Ratio | (1.66) | (1.74) | |
| Enterprise Value Multiple | (4.20) | (3.99) | |
| Price Fair Value | (1.66) | (1.74) | |
| Enterprise Value | 44.4 M | 26.5 M |
Evaluating the management effectiveness of Greenwave Technology allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Greenwave Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.7 |
Basic technical analysis of Greenwave Stock
As of the 4th of December, Greenwave Technology retains the Downside Deviation of 7.4, risk adjusted performance of 0.0723, and Market Risk Adjusted Performance of 2.04. Greenwave Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Greenwave Technology variance, as well as the relationship between the value at risk and skewness to decide if Greenwave Technology is priced fairly, providing market reflects its last-minute price of 0.62 per share. As Greenwave Technology is a penny stock we also advise to confirm its total risk alpha numbers.Greenwave Technology's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Greenwave Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Greenwave Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Greenwave Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Greenwave Technology's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Greenwave Technology's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0723 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 5.93 | |||
| Semi Deviation | 6.05 | |||
| Downside Deviation | 7.4 | |||
| Coefficient Of Variation | 1211.83 | |||
| Standard Deviation | 10.81 | |||
| Variance | 116.93 | |||
| Information Ratio | 0.072 | |||
| Jensen Alpha | 0.8373 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.1052 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 53.45 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 10.53 | |||
| Downside Variance | 54.83 | |||
| Semi Variance | 36.6 | |||
| Expected Short fall | (8.14) | |||
| Skewness | 3.79 | |||
| Kurtosis | 22.72 |
| Risk Adjusted Performance | 0.0723 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 5.93 | |||
| Semi Deviation | 6.05 | |||
| Downside Deviation | 7.4 | |||
| Coefficient Of Variation | 1211.83 | |||
| Standard Deviation | 10.81 | |||
| Variance | 116.93 | |||
| Information Ratio | 0.072 | |||
| Jensen Alpha | 0.8373 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.1052 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 53.45 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 10.53 | |||
| Downside Variance | 54.83 | |||
| Semi Variance | 36.6 | |||
| Expected Short fall | (8.14) | |||
| Skewness | 3.79 | |||
| Kurtosis | 22.72 |
Consider Greenwave Technology's intraday indicators
Greenwave Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Greenwave Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Greenwave Technology time-series forecasting models is one of many Greenwave Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Greenwave Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Greenwave Stock media impact
Far too much social signal, news, headlines, and media speculation about Greenwave Technology that are available to investors today. That information is available publicly through Greenwave media outlets and privately through word of mouth or via Greenwave internal channels. However, regardless of the origin, that massive amount of Greenwave data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Greenwave Technology news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Greenwave Technology relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Greenwave Technology's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Greenwave Technology alpha.
Greenwave Technology Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Greenwave Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for Greenwave Stock Analysis
When running Greenwave Technology's price analysis, check to measure Greenwave Technology'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 Greenwave Technology is operating at the current time. Most of Greenwave Technology's value examination focuses on studying past and present price action to predict the probability of Greenwave Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenwave Technology's price. Additionally, you may evaluate how the addition of Greenwave Technology to your portfolios can decrease your overall portfolio volatility.