Bright Green Corp Alpha and Beta Analysis
| BGXXDelisted Stock | USD 0.05 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bright Green Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bright Green over a specified time horizon. Remember, high Bright Green's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Bright Green's market risk premium analysis include:
Beta 0.17 | Alpha (1.72) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Bright |
Bright Green Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bright Green market risk premium is the additional return an investor will receive from holding Bright Green long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bright Green. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bright Green's performance over market.| α | -1.72 | β | 0.17 |
Bright Green Fundamentals Vs Peers
Comparing Bright Green's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bright Green's direct or indirect competition across all of the common fundamentals between Bright Green and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bright Green or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bright Green's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bright Green by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bright Green to competition |
| Fundamentals | Bright Green | Peer Average |
| Return On Equity | -0.86 | -0.31 |
| Return On Asset | -0.2 | -0.14 |
| Current Valuation | 10.55 M | 16.62 B |
| Shares Outstanding | 191.17 M | 571.82 M |
| Shares Owned By Insiders | 62.19 % | 10.09 % |
| Shares Owned By Institutions | 6.00 % | 39.21 % |
| Number Of Shares Shorted | 745.56 K | 4.71 M |
Bright Green Opportunities
Bright Green Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | BRIGHT GREEN ANNOUNCES IT HAS OBTAINED A 3.5 MILLION FUNDING COMMITMENT UNDER AN EXISTING LINE OF CREDIT AND HAS ENGAGED AN INVESTMENT BANK TO SEEK A 15.0 MILLI... | 08/08/2024 |
2 | BRIGHT GREEN EMBARKS ON MAJOR PARTNERSHIP WITH BENUVIA PHARMACEUTICALS. WILL SUPPLY PHARMA EXPERT WITH AMERICAN MADE RAW MATERIALS FROM ITS INDUSTRY LEADING AND... | 08/21/2024 |
3 | BRIGHT GREEN EMBARKS ON MAJOR PARTNERSHIP WITH BENUVIA OPERATIONS, LLC. WILL SUPPLY PHARMA EXPERT WITH AMERICAN MADE RAW MATERIALS FROM ITS INDUSTRY LEADING AND... | 08/23/2024 |
4 | Disposition of 14598 shares by Saleem Elmasri of Bright Green at 0.1951 subject to Rule 16b-3 | 09/06/2024 |
5 | Nasdaq-Traded Cannabis Producer Bright Green Corporation Faces Delisting, Focuses On Strategic Growth | 09/23/2024 |
About Bright Green Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Bright or other delisted stocks. Alpha measures the amount that position in Bright Green Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Bright Green Upcoming Company Events
As portrayed in its financial statements, the presentation of Bright Green's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bright Green's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bright Green's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bright Green. Please utilize our Beneish M Score to check the likelihood of Bright Green's management manipulating its earnings.
| 16th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Bright Green
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Green Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bright Green's history and understand the potential risks before investing.
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