Greenpro Capital Corp Stock Market Value
| GRNQ Stock | USD 1.05 0.04 3.96% |
| Symbol | GreenPro |
GreenPro Capital Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GreenPro Capital. If investors know GreenPro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GreenPro Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.86) | Revenue Per Share 0.431 | Quarterly Revenue Growth (0.40) | Return On Assets (0.11) | Return On Equity (0.76) |
The market value of GreenPro Capital Corp is measured differently than its book value, which is the value of GreenPro that is recorded on the company's balance sheet. Investors also form their own opinion of GreenPro Capital's value that differs from its market value or its book value, called intrinsic value, which is GreenPro Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GreenPro Capital's market value can be influenced by many factors that don't directly affect GreenPro Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GreenPro Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenPro Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenPro Capital'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.
GreenPro Capital '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 GreenPro Capital's stock 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 GreenPro Capital.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in GreenPro Capital on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding GreenPro Capital Corp or generate 0.0% return on investment in GreenPro Capital over 30 days. GreenPro Capital is related to or competes with Resources Connection, Huron Consulting, Equifax, Booz Allen, Forrester Research, ICF International, and Franklin Covey. Greenpro Capital Corp. provides financial consulting and corporate services to small and medium-size businesses primaril... More
GreenPro Capital 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 GreenPro Capital's stock 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 GreenPro Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.11 | |||
| Information Ratio | 0.0408 | |||
| Maximum Drawdown | 47.24 | |||
| Value At Risk | (9.65) | |||
| Potential Upside | 10.42 |
GreenPro Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GreenPro Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GreenPro Capital's standard deviation. In reality, there are many statistical measures that can use GreenPro Capital historical prices to predict the future GreenPro Capital's volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.298 | |||
| Total Risk Alpha | 0.1116 | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | 0.771 |
GreenPro Capital Corp Backtested Returns
GreenPro Capital appears to be abnormally volatile, given 3 months investment horizon. GreenPro Capital Corp holds Efficiency (Sharpe) Ratio of 0.0529, which attests that the entity had a 0.0529% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GreenPro Capital Corp, which you can use to evaluate the volatility of the firm. Please utilize GreenPro Capital's Market Risk Adjusted Performance of 0.781, downside deviation of 6.11, and Risk Adjusted Performance of 0.0449 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GreenPro Capital holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GreenPro Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding GreenPro Capital is expected to be smaller as well. Please check GreenPro Capital's skewness, day median price, as well as the relationship between the value at risk and jensen alpha , to make a quick decision on whether GreenPro Capital's current trending patterns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
GreenPro Capital Corp has modest reverse predictability. Overlapping area represents the amount of predictability between GreenPro Capital time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GreenPro Capital Corp price movement. The serial correlation of -0.46 indicates that about 46.0% of current GreenPro Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GreenPro Capital Corp lagged returns against current returns
Autocorrelation, which is GreenPro Capital stock'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 GreenPro Capital's stock expected returns. We can calculate the autocorrelation of GreenPro Capital returns to help us make a trade decision. For example, suppose you find that GreenPro Capital has exhibited high autocorrelation historically, and you observe that the stock 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 |
GreenPro Capital 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 GreenPro Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GreenPro Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GreenPro Capital stock over time.
Current vs Lagged Prices |
| Timeline |
GreenPro Capital Lagged Returns
When evaluating GreenPro Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GreenPro Capital stock have on its future price. GreenPro Capital 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, GreenPro Capital autocorrelation shows the relationship between GreenPro Capital stock current value and its past values and can show if there is a momentum factor associated with investing in GreenPro Capital Corp.
Regressed Prices |
| Timeline |
Pair Trading with GreenPro Capital
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 GreenPro Capital 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 GreenPro Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with GreenPro Stock
Moving against GreenPro Stock
| 0.54 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.51 | BW | Babcock Wilcox Enter | PairCorr |
| 0.5 | EH | Ehang Holdings | PairCorr |
| 0.5 | HY | Hyster Yale Materials | PairCorr |
| 0.41 | CP | Canadian Pacific Railway | PairCorr |
The ability to find closely correlated positions to GreenPro Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenPro Capital 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 GreenPro Capital - 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 GreenPro Capital Corp to buy it.
The correlation of GreenPro Capital 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 GreenPro Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenPro Capital Corp 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 GreenPro Capital 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.Additional Tools for GreenPro Stock Analysis
When running GreenPro Capital's price analysis, check to measure GreenPro Capital'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 GreenPro Capital is operating at the current time. Most of GreenPro Capital's value examination focuses on studying past and present price action to predict the probability of GreenPro Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPro Capital's price. Additionally, you may evaluate how the addition of GreenPro Capital to your portfolios can decrease your overall portfolio volatility.