Greenland Acquisition Corp Stock Price on August 22, 2024
| GTEC Stock | USD 2.02 0.07 3.59% |
Below is the normalized historical share price chart for Greenland Acquisition Corp extending back to August 08, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Greenland Acquisition stands at 2.02, as last reported on the 27th of December, with the highest price reaching 2.02 and the lowest price hitting 1.95 during the day.
If you're considering investing in Greenland Stock, it is important to understand the factors that can impact its price. Greenland Acquisition holds Efficiency (Sharpe) Ratio of -0.0725, which attests that the entity had a -0.0725% return per unit of risk over the last 3 months. Greenland Acquisition exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenland Acquisition's Market Risk Adjusted Performance of 0.1191, insignificant risk adjusted performance, and Standard Deviation of 4.23 to validate the risk estimate we provide.
At present, Greenland Acquisition's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. . At present, Greenland Acquisition's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.01, whereas Price Earnings Ratio is projected to grow to (2.21). Greenland Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of August 2018 | 200 Day MA 1.9498 | 50 Day MA 2.2685 | Beta 1.476 |
Greenland |
Sharpe Ratio = -0.0725
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GTEC |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenland Acquisition 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 Greenland Acquisition by adding Greenland Acquisition to a well-diversified portfolio.
Price Book 0.4736 | Enterprise Value Ebitda 4.1214 | Price Sales 0.2934 | Shares Float 6.5 M | Wall Street Target Price 13 |
Greenland Acquisition Valuation on August 22, 2024
It is possible to determine the worth of Greenland Acquisition on a given historical date. On August 22, 2024 Greenland was worth 2.26 at the beginning of the trading date compared to the closed value of 2.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenland Acquisition stock. Still, in general, we apply an absolute valuation method to find Greenland Acquisition's 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 Greenland Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenland Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 2.21 | 2.56 | 2.15 | 2.29 | 638,758 | |
08/22/2024 | 2.26 | 2.49 | 2.26 | 2.41 | 272,331 |
| 2.48 | 2.48 | 2.05 | 2.11 | 347,469 |
| Backtest Greenland Acquisition | | | Greenland Acquisition History | | | Greenland Acquisition Valuation | Previous | Next |
Greenland Acquisition Trading Date Momentum on August 22, 2024
| On August 23 2024 Greenland Acquisition Corp was traded for 2.11 at the closing time. The top price for the day was 2.48 and the lowest listed price was 2.05 . The trading volume for the day was 347.5 K. The trading history from August 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 12.45% . The overall trading delta against the current closing price is 17.01% . |
Greenland Acquisition Fundamentals Correlations and Trends
By evaluating Greenland Acquisition's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenland Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenland Acquisition Stock history
Greenland Acquisition 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 Greenland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenland Acquisition 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 Greenland Acquisition stock prices may prove useful in developing a viable investing in Greenland Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.2 M | 10.9 M | |
| Net Income Applicable To Common Shares | 7.2 M | 4.4 M |
Greenland Acquisition Stock Technical Analysis
Greenland Acquisition 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.
Price Boundaries
Greenland Acquisition Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Greenland Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Greenland Acquisition December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenland Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenland Acquisition shares will generate the highest return on investment. By undertsting and applying Greenland Acquisition stock market strength indicators, traders can identify Greenland Acquisition Corp entry and exit signals to maximize returns
Greenland Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenland Acquisition's price direction in advance. Along with the technical and fundamental analysis of Greenland Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenland 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) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.1091 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |