Greenway Technologies Stock Performance
| GWTI Stock | USD 0.04 0.01 17.65% |
Greenway Technologies holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.66, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenway Technologies will likely underperform. Use Greenway Technologies jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to analyze future returns on Greenway Technologies.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Greenway Technologies are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile basic indicators, Greenway Technologies demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1628.00 |
Greenway |
Greenway Technologies Relative Risk vs. Return Landscape
If you would invest 2.00 in Greenway Technologies on September 13, 2024 and sell it today you would earn a total of 2.00 from holding Greenway Technologies or generate 100.0% return on investment over 90 days. Greenway Technologies is currently generating 2.677% in daily expected returns and assumes 18.9313% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Greenway, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Greenway Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenway Technologies' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Greenway Technologies, and traders can use it to determine the average amount a Greenway Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1414
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Estimated Market Risk
| 18.93 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.68 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Greenway Technologies is performing at about 11% of its full potential. 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 Greenway Technologies by adding it to a well-diversified portfolio.
Greenway Technologies Fundamentals Growth
Greenway Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Greenway Technologies, and Greenway Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Greenway Pink Sheet performance.
| Return On Asset | -14.29 | |||
| Current Valuation | 7.42 M | |||
| Shares Outstanding | 377.31 M | |||
| Price To Sales | 1,243 X | |||
| EBITDA | (1.16 M) | |||
| Cash And Equivalents | 35.19 K | |||
| Total Debt | 3.67 M | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (791.91 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 60.6 K | |||
About Greenway Technologies Performance
By evaluating Greenway Technologies' fundamental ratios, stakeholders can gain valuable insights into Greenway Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Greenway Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Greenway Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Greenway Technologies, Inc., through its subsidiary, Greenway Innovative Energy, Inc., engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas fieldresource requirements. The company was formerly known as UMED Holdings, Inc. and changed its name to Greenway Technologies, Inc. in June 2017. Greenway Technologies operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Greenway Technologies performance evaluation
Checking the ongoing alerts about Greenway Technologies for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Greenway Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Greenway Technologies is way too risky over 90 days horizon | |
| Greenway Technologies has some characteristics of a very speculative penny stock | |
| Greenway Technologies appears to be risky and price may revert if volatility continues | |
| Greenway Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.74 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Greenway Technologies currently holds about 35.19 K in cash with (791.91 K) of positive cash flow from operations. | |
| Roughly 23.0% of the company shares are held by company insiders |
- Analyzing Greenway Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Greenway Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Greenway Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Greenway Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Greenway Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Greenway Technologies' pink sheet. These opinions can provide insight into Greenway Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Greenway Pink Sheet analysis
When running Greenway Technologies' price analysis, check to measure Greenway Technologies' 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 Greenway Technologies is operating at the current time. Most of Greenway Technologies' value examination focuses on studying past and present price action to predict the probability of Greenway Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenway Technologies' price. Additionally, you may evaluate how the addition of Greenway Technologies to your portfolios can decrease your overall portfolio volatility.
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