Greenidge Generation Holdings Stock Alpha and Beta Analysis
| GREEL Stock | USD 10.49 0.14 1.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Greenidge Generation Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Greenidge Generation over a specified time horizon. Remember, high Greenidge Generation'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 Greenidge Generation's market risk premium analysis include:
Beta 0.71 | Alpha 0.3 | Risk 2.48 | Sharpe Ratio 0.16 | Expected Return 0.4 |
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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.
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Greenidge Generation Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Greenidge Generation market risk premium is the additional return an investor will receive from holding Greenidge Generation 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 Greenidge Generation. 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 Greenidge Generation's performance over market.| α | 0.30 | β | 0.71 |
Greenidge Generation expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Greenidge Generation's Buy-and-hold return. Our buy-and-hold chart shows how Greenidge Generation performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Greenidge Generation Market Price Analysis
Market price analysis indicators help investors to evaluate how Greenidge Generation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenidge Generation shares will generate the highest return on investment. By understating and applying Greenidge Generation stock market price indicators, traders can identify Greenidge Generation position entry and exit signals to maximize returns.
Greenidge Generation Return and Market Media
The median price of Greenidge Generation for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 8.93 with a coefficient of variation of 8.58. The daily time series for the period is distributed with a sample standard deviation of 0.77, arithmetic mean of 8.98, and mean deviation of 0.59. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Short Interest in Greenidge Generation Holdings Inc. 8.50 percent Senior Notes due 2026 Grows By 787.5 | 10/10/2024 |
| Greenidge Generation dividend paid on 31st of October 2024 | 10/31/2024 |
2 | Greenidge Generation Q3 Cost Cuts Beat Target by 33 percent Despite 6.3M Loss GREE Stock News - StockTitan | 11/07/2024 |
3 | Greenidge Generation Expands Stock Issuance for Growth - TipRanks | 11/18/2024 |
About Greenidge Generation 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 Greenidge or other stocks. Alpha measures the amount that position in Greenidge Generation 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0849 | 0.0754 | Price To Sales Ratio | 0.63 | 0.6 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Greenidge Generation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Greenidge Generation's short interest history, or implied volatility extrapolated from Greenidge Generation options trading.
Build Portfolio with Greenidge Generation
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Check out Greenidge Generation Backtesting, Greenidge Generation Valuation, Greenidge Generation Correlation, Greenidge Generation Hype Analysis, Greenidge Generation Volatility, Greenidge Generation History and analyze Greenidge Generation Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Greenidge Generation technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.