Green Planet Bio Stock Market Value
| GPLB Stock | USD 0.54 0.00 0.00% |
| Symbol | Green |
Green Planet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Green Planet's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Green Planet.
| 12/11/2022 |
| 11/30/2024 |
If you would invest 0.00 in Green Planet on December 11, 2022 and sell it all today you would earn a total of 0.00 from holding Green Planet Bio or generate 0.0% return on investment in Green Planet over 720 days. Green Planet is related to or competes with Niagara Mohawk, Siam Cement, and Oaktree Capital. Green Planet Bioengineering Co., Ltd does not have significant operations. More
Green Planet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Green Planet's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Green Planet Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0322 | |||
| Maximum Drawdown | 50.93 | |||
| Potential Upside | 8.0 |
Green Planet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Planet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Planet's standard deviation. In reality, there are many statistical measures that can use Green Planet historical prices to predict the future Green Planet's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | 0.3621 | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (14.77) |
Green Planet Bio Backtested Returns
Green Planet appears to be out of control, given 3 months investment horizon. Green Planet Bio holds Efficiency (Sharpe) Ratio of 0.0525, which attests that the entity had a 0.0525% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Green Planet Bio, which you can use to evaluate the volatility of the firm. Please utilize Green Planet's Risk Adjusted Performance of 0.0482, standard deviation of 7.19, and Market Risk Adjusted Performance of (14.76) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Green Planet holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.0243, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Green Planet are expected to decrease at a much lower rate. During the bear market, Green Planet is likely to outperform the market. Please check Green Planet's variance and the relationship between the maximum drawdown and day typical price , to make a quick decision on whether Green Planet's current trending patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Green Planet Bio has below average predictability. Overlapping area represents the amount of predictability between Green Planet time series from 11th of December 2022 to 6th of December 2023 and 6th of December 2023 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Green Planet Bio price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Green Planet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Green Planet Bio lagged returns against current returns
Autocorrelation, which is Green Planet pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Green Planet's pink sheet expected returns. We can calculate the autocorrelation of Green Planet returns to help us make a trade decision. For example, suppose you find that Green Planet has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Green Planet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Green Planet pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Planet pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Planet pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Planet Lagged Returns
When evaluating Green Planet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Planet pink sheet have on its future price. Green Planet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Green Planet autocorrelation shows the relationship between Green Planet pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Planet Bio.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Green Pink Sheet
Green Planet financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Planet security.