Green Star Products Stock Market Value
| GSPI Stock | USD 0.0009 0.0001 12.50% |
| Symbol | Green |
Green Star '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 Star'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 Star.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Green Star on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Green Star Products or generate 0.0% return on investment in Green Star over 30 days. Green Star is related to or competes with Sherwin Williams, Air Liquide, Air Products, Ecolab, Dupont De, Givaudan, and PPG Industries. Green Star Products, Inc. produces algae based renewable burning fuels in the United States More
Green Star 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 Star'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 Star Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.27 | |||
| Information Ratio | 0.0595 | |||
| Maximum Drawdown | 73.86 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Green Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Star's standard deviation. In reality, there are many statistical measures that can use Green Star historical prices to predict the future Green Star's volatility.| Risk Adjusted Performance | 0.061 | |||
| Jensen Alpha | 0.8299 | |||
| Total Risk Alpha | (0.95) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | 0.9733 |
Green Star Products Backtested Returns
Green Star appears to be out of control, given 3 months investment horizon. Green Star Products holds Efficiency (Sharpe) Ratio of 0.0694, which attests that the entity had a 0.0694% return per unit of risk over the last 3 months. By evaluating Green Star's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please utilize Green Star's Market Risk Adjusted Performance of 0.9833, downside deviation of 18.27, and Risk Adjusted Performance of 0.061 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Green Star holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.95, which attests to possible diversification benefits within a given portfolio. Green Star returns are very sensitive to returns on the market. As the market goes up or down, Green Star is expected to follow. Please check Green Star's jensen alpha and the relationship between the value at risk and day typical price , to make a quick decision on whether Green Star's current trending patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Green Star Products has average predictability. Overlapping area represents the amount of predictability between Green Star time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Star Products price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Green Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green Star Products lagged returns against current returns
Autocorrelation, which is Green Star 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 Star's pink sheet expected returns. We can calculate the autocorrelation of Green Star returns to help us make a trade decision. For example, suppose you find that Green Star 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 Star 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 Star pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Star 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 Star pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Star Lagged Returns
When evaluating Green Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Star pink sheet have on its future price. Green Star 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 Star autocorrelation shows the relationship between Green Star pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Star Products.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Green Pink Sheet
Green Star 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 Star security.