Greenland Acquisition Corp Stock Performance
| GTEC Stock | USD 2.18 0.14 6.86% |
On a scale of 0 to 100, Greenland Acquisition holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Greenland Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greenland Acquisition is expected to be smaller as well. Please check Greenland Acquisition's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Greenland Acquisition's current trending patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Greenland Acquisition Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, Greenland Acquisition exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 6.86 | Five Day Return 0.93 | Year To Date Return (22.70) | Ten Year Return (77.43) | All Time Return (77.43) |
1 | Greenland Technologies Is Attractively Priced Despite Fast-paced Momentum | 09/20/2024 |
2 | Calculating The Fair Value Of Greenland Technologies Holding Corporation | 10/01/2024 |
3 | New Strong Buy Stocks For October 23rd - Barchart | 10/23/2024 |
4 | Garmin Q3 Earnings and Revenues Beat Estimates | 10/30/2024 |
5 | Greenland Reports 75.3 percent Increase in Net Income for First Nine Months of 2024 | 11/14/2024 |
6 | Not Many Are Piling Into Greenland Technologies Holding Corporation Stock Yet As It Plummets 26 | 11/29/2024 |
| Begin Period Cash Flow | 19.7 M |
Greenland |
Greenland Acquisition Relative Risk vs. Return Landscape
If you would invest 201.00 in Greenland Acquisition Corp on September 2, 2024 and sell it today you would earn a total of 17.00 from holding Greenland Acquisition Corp or generate 8.46% return on investment over 90 days. Greenland Acquisition Corp is currently generating 0.2518% in daily expected returns and assumes 5.0734% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Greenland, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Greenland Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenland Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greenland Acquisition Corp, and traders can use it to determine the average amount a Greenland Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0496
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GTEC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Greenland Acquisition is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Greenland Acquisition by adding it to a well-diversified portfolio.
Greenland Acquisition Fundamentals Growth
Greenland Stock prices reflect investors' perceptions of the future prospects and financial health of Greenland Acquisition, and Greenland Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Greenland Stock performance.
| Return On Equity | -0.29 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 32.22 M | ||||
| Shares Outstanding | 13.59 M | ||||
| Price To Earning | 2.15 X | ||||
| Price To Book | 0.52 X | ||||
| Price To Sales | 0.33 X | ||||
| Revenue | 90.33 M | ||||
| Gross Profit | 19.59 M | ||||
| EBITDA | (20.87 M) | ||||
| Net Income | (15.88 M) | ||||
| Cash And Equivalents | 10.88 M | ||||
| Cash Per Share | 0.87 X | ||||
| Total Debt | 41.93 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 1.80 X | ||||
| Book Value Per Share | 3.68 X | ||||
| Cash Flow From Operations | 2.45 M | ||||
| Earnings Per Share | (0.94) X | ||||
| Market Capitalization | 29.64 M | ||||
| Total Asset | 130.48 M | ||||
| Retained Earnings | 18.54 M | ||||
| Working Capital | 27.27 M | ||||
| Current Asset | 88.64 M | ||||
| Current Liabilities | 36.96 M | ||||
About Greenland Acquisition Performance
By analyzing Greenland Acquisition's fundamental ratios, stakeholders can gain valuable insights into Greenland Acquisition's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Greenland Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Greenland Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 138.13 | 86.49 | |
| Return On Tangible Assets | (0.13) | (0.12) | |
| Return On Capital Employed | 0.19 | 0.20 | |
| Return On Assets | (0.12) | (0.12) | |
| Return On Equity | (0.32) | (0.30) |
Things to note about Greenland Acquisition performance evaluation
Checking the ongoing alerts about Greenland Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Greenland Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenland Acquisition had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 90.33 M. Net Loss for the year was (15.88 M) with profit before overhead, payroll, taxes, and interest of 19.59 M. | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Not Many Are Piling Into Greenland Technologies Holding Corporation Stock Yet As It Plummets 26 |
- Analyzing Greenland Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Greenland Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Greenland Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Greenland Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenland Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenland Acquisition's stock. These opinions can provide insight into Greenland Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Greenland Stock analysis
When running Greenland Acquisition's price analysis, check to measure Greenland Acquisition'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 Greenland Acquisition is operating at the current time. Most of Greenland Acquisition's value examination focuses on studying past and present price action to predict the probability of Greenland Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenland Acquisition's price. Additionally, you may evaluate how the addition of Greenland Acquisition to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |