Greenlane Renewables Stock Market Value

GRNWF Stock  USD 0.06  0  3.13%   
Greenlane Renewables' market value is the price at which a share of Greenlane Renewables trades on a public exchange. It measures the collective expectations of Greenlane Renewables investors about its performance. Greenlane Renewables is trading at 0.062 as of the 3rd of March 2025. This is a 3.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.062.
With this module, you can estimate the performance of a buy and hold strategy of Greenlane Renewables and determine expected loss or profit from investing in Greenlane Renewables over a given investment horizon. Check out Greenlane Renewables Correlation, Greenlane Renewables Volatility and Greenlane Renewables Alpha and Beta module to complement your research on Greenlane Renewables.
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Please note, there is a significant difference between Greenlane Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Renewables' 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.

Greenlane Renewables '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 Greenlane Renewables' 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 Greenlane Renewables.
0.00
02/01/2025
No Change 0.00  0.0 
In 31 days
03/03/2025
0.00
If you would invest  0.00  in Greenlane Renewables on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Greenlane Renewables or generate 0.0% return on investment in Greenlane Renewables over 30 days. Greenlane Renewables is related to or competes with Euro Tech, China Natural, Fuel Tech, and Vow ASA. Greenlane Renewables Inc. designs, develops, sells, and services a range of biogas upgrading systems worldwide More

Greenlane Renewables 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 Greenlane Renewables' 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 Greenlane Renewables upside and downside potential and time the market with a certain degree of confidence.

Greenlane Renewables Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenlane Renewables' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenlane Renewables' standard deviation. In reality, there are many statistical measures that can use Greenlane Renewables historical prices to predict the future Greenlane Renewables' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greenlane Renewables' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.064.69
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Intrinsic
Valuation
LowRealHigh
0.000.064.69
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Naive
Forecast
LowNextHigh
00.074.69
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.060.070.07
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Greenlane Renewables Backtested Returns

Greenlane Renewables holds Efficiency (Sharpe) Ratio of -0.0256, which attests that the entity had a -0.0256 % return per unit of risk over the last 3 months. Greenlane Renewables exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenlane Renewables' Market Risk Adjusted Performance of (0.24), risk adjusted performance of (0.01), and Standard Deviation of 4.55 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Greenlane Renewables' returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenlane Renewables is expected to be smaller as well. At this point, Greenlane Renewables has a negative expected return of -0.12%. Please make sure to check out Greenlane Renewables' jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Greenlane Renewables performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.43  

Average predictability

Greenlane Renewables has average predictability. Overlapping area represents the amount of predictability between Greenlane Renewables time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd of March 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 Greenlane Renewables price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Greenlane Renewables price fluctuation can be explain by its past prices.
Correlation Coefficient0.43
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.0

Greenlane Renewables lagged returns against current returns

Autocorrelation, which is Greenlane Renewables 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 Greenlane Renewables' pink sheet expected returns. We can calculate the autocorrelation of Greenlane Renewables returns to help us make a trade decision. For example, suppose you find that Greenlane Renewables 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   
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Greenlane Renewables 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 Greenlane Renewables pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenlane Renewables pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenlane Renewables pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Greenlane Renewables Lagged Returns

When evaluating Greenlane Renewables' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenlane Renewables pink sheet have on its future price. Greenlane Renewables 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, Greenlane Renewables autocorrelation shows the relationship between Greenlane Renewables pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Greenlane Renewables.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Greenlane Pink Sheet

Greenlane Renewables financial ratios help investors to determine whether Greenlane 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 Greenlane with respect to the benefits of owning Greenlane Renewables security.