Greenlane Holdings Number Of Shares Shorted vs. Cash And Equivalents
| GNLN Stock | USD 1.42 0.02 1.39% |
For Greenlane Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greenlane Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greenlane Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greenlane Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greenlane Holdings over time as well as its relative position and ranking within its peers.
Greenlane |
Is Distributors 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 Greenlane Holdings. If investors know Greenlane 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 Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (117.59) | Revenue Per Share 61.566 | Quarterly Revenue Growth (0.86) | Return On Assets (0.23) | Return On Equity (1.42) |
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' 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 Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' 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 Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' 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 Holdings Cash And Equivalents vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Greenlane Holdings's current stock value. Our valuation model uses many indicators to compare Greenlane Holdings value to that of its competitors to determine the firm's financial worth. Greenlane Holdings is rated below average in number of shares shorted category among its peers. It is rated below average in cash and equivalents category among its peers creating about 266.01 of Cash And Equivalents per Number Of Shares Shorted. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Greenlane Holdings' earnings, one of the primary drivers of an investment's value.Greenlane Cash And Equivalents vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Greenlane Holdings |
| = | 34.32 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Greenlane Holdings |
| = | 9.13 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Greenlane Cash And Equivalents Comparison
Greenlane Holdings is currently under evaluation in cash and equivalents category among its peers.
Greenlane Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Greenlane Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greenlane Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Greenlane Holdings' change in net profit over the period of time. It can combine multiple indicators of Greenlane Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. Greenlane Holdings, Inc. was founded in 2005 and is headquartered in Boca Raton, Florida. Greenlane Holdings operates under Tobacco classification in the United States and is traded on NASDAQ Exchange. It employs 256 people.
Greenlane Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Greenlane Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greenlane Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greenlane Holdings' important profitability drivers and their relationship over time.
Use Greenlane Holdings in pair-trading
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 Greenlane Holdings 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 Greenlane Holdings will appreciate offsetting losses from the drop in the long position's value.Greenlane Holdings Pair Trading
Greenlane Holdings Pair Trading Analysis
The ability to find closely correlated positions to Greenlane Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenlane Holdings 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 Greenlane Holdings - 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 Greenlane Holdings to buy it.
The correlation of Greenlane Holdings 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 Greenlane Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenlane Holdings 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 Greenlane Holdings 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.Use Investing Themes to Complement your Greenlane Holdings position
In addition to having Greenlane Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
To fully project Greenlane Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greenlane Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greenlane Holdings' income statement, its balance sheet, and the statement of cash flows.