Green Impact's market value is the price at which a share of Green Impact trades on a public exchange. It measures the collective expectations of Green Impact Partners investors about its performance. Green Impact is trading at 2.40 as of the 18th of January 2025. This is a 3.23 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.4. With this module, you can estimate the performance of a buy and hold strategy of Green Impact Partners and determine expected loss or profit from investing in Green Impact over a given investment horizon. Check out Green Impact Correlation, Green Impact Volatility and Green Impact Alpha and Beta module to complement your research on Green Impact.
Please note, there is a significant difference between Green Impact's value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Impact is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Impact's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Green Impact 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Green Impact's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Green Impact.
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12/19/2024
No Change 0.00
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In 31 days
01/18/2025
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If you would invest 0.00 in Green Impact on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Green Impact Partners or generate 0.0% return on investment in Green Impact over 30 days. Green Impact is related to or competes with Algonquin Power, and Renew Energy. Green Impact Partners Inc., a clean energy company, provides water, waste, and solids treatment and recycling services i... More
Green Impact Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Green Impact's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Green Impact Partners upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Impact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Impact's standard deviation. In reality, there are many statistical measures that can use Green Impact historical prices to predict the future Green Impact's volatility.
Green Impact Partners holds Efficiency (Sharpe) Ratio of -0.0525, which attests that the entity had a -0.0525% return per unit of risk over the last 3 months. Green Impact Partners exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Impact's Risk Adjusted Performance of (0.04), standard deviation of 2.12, and Market Risk Adjusted Performance of 1.15 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Impact are expected to decrease at a much lower rate. During the bear market, Green Impact is likely to outperform the market. At this point, Green Impact Partners has a negative expected return of -0.11%. Please make sure to check out Green Impact's information ratio, as well as the relationship between the kurtosis and day typical price , to decide if Green Impact Partners performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.53
Good reverse predictability
Green Impact Partners has good reverse predictability. Overlapping area represents the amount of predictability between Green Impact time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Green Impact Partners price movement. The serial correlation of -0.53 indicates that about 53.0% of current Green Impact price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.53
Spearman Rank Test
0.05
Residual Average
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Price Variance
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Green Impact Partners lagged returns against current returns
Autocorrelation, which is Green Impact pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Green Impact's pink sheet expected returns. We can calculate the autocorrelation of Green Impact returns to help us make a trade decision. For example, suppose you find that Green Impact has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Green Impact regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Green Impact pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Impact pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Impact pink sheet over time.
Current vs Lagged Prices
Timeline
Green Impact Lagged Returns
When evaluating Green Impact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Impact pink sheet have on its future price. Green Impact autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Green Impact autocorrelation shows the relationship between Green Impact pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Impact Partners.
Other Information on Investing in Green Pink Sheet
Green Impact financial ratios help investors to determine whether Green Pink Sheet 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 Green with respect to the benefits of owning Green Impact security.