Greenlite Ventures Stock Price on April 22, 2024
GRNL Stock | USD 0.53 0.14 20.90% |
If you're considering investing in Greenlite Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Greenlite Ventures stands at 0.53, as last reported on the 4th of December, with the highest price reaching 0.53 and the lowest price hitting 0.53 during the day. Greenlite Ventures holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Greenlite Ventures exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenlite Ventures' Standard Deviation of 9.61, market risk adjusted performance of (7.17), and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
Greenlite Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Greenlite |
Sharpe Ratio = -0.1576
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Estimated Market Risk
9.45 actual daily | 84 84% of assets are less volatile |
Expected Return
-1.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenlite Ventures is not performing at its full potential. However, 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 Greenlite Ventures by adding Greenlite Ventures to a well-diversified portfolio.
Greenlite Ventures Valuation on April 22, 2024
It is possible to determine the worth of Greenlite Ventures on a given historical date. On April 22, 2024 Greenlite was worth 0.38 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenlite Ventures pink sheet. Still, in general, we apply an absolute valuation method to find Greenlite Ventures' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Greenlite Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenlite Ventures' related companies.
Open | High | Low | Close | Volume | |
0.38 | 0.38 | 0.38 | 0.38 | 1.00 | |
04/22/2024 | 0.38 | 0.38 | 0.38 | 0.38 | 1.00 |
0.38 | 0.38 | 0.38 | 0.38 | 1.00 |
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Greenlite Ventures Trading Date Momentum on April 22, 2024
On April 23 2024 Greenlite Ventures was traded for 0.38 at the closing time. The top price for the day was 0.38 and the lowest listed price was 0.38 . There was no trading activity during the period 1.0. Lack of trading volume on April 23, 2024 did not cause price change. The overall trading delta against the current closing price is 2.63% . |
Greenlite Ventures Fundamentals Correlations and Trends
By evaluating Greenlite Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenlite Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenlite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenlite Ventures Pink Sheet history
Greenlite Ventures investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Greenlite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenlite Ventures will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Greenlite Ventures stock prices may prove useful in developing a viable investing in Greenlite Ventures
Greenlite Ventures Inc. operates as a carbon offsets marketing company. The company was founded in 2000 and is based in North Las Vegas, Nevada. Greenlite Vntrs is traded on OTC Exchange in the United States.
Greenlite Ventures Pink Sheet Technical Analysis
Greenlite Ventures technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Greenlite Ventures Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Greenlite Ventures cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Greenlite Ventures December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenlite Ventures pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenlite Ventures shares will generate the highest return on investment. By undertsting and applying Greenlite Ventures pink sheet market strength indicators, traders can identify Greenlite Ventures entry and exit signals to maximize returns
Greenlite Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenlite Ventures' price direction in advance. Along with the technical and fundamental analysis of Greenlite Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenlite to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (1.68) | |||
Total Risk Alpha | (2.96) | |||
Treynor Ratio | (7.18) |
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Other Information on Investing in Greenlite Pink Sheet
Greenlite Ventures financial ratios help investors to determine whether Greenlite 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 Greenlite with respect to the benefits of owning Greenlite Ventures security.