Greencity Acquisition EBITDA vs. Return On Equity

GRCYWDelisted Stock  USD 0.02  0.00  0.00%   
Considering Greencity Acquisition's profitability and operating efficiency indicators, Greencity Acquisition may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Greencity Acquisition's ability to earn profits and add value for shareholders.
For Greencity Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greencity Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greencity Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greencity Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greencity Acquisition over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Please note, there is a significant difference between Greencity Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greencity Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greencity Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greencity Acquisition Return On Equity vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greencity Acquisition's current stock value. Our valuation model uses many indicators to compare Greencity Acquisition value to that of its competitors to determine the firm's financial worth.
Greencity Acquisition is rated # 2 in ebitda category among its peers. It is one of the top stocks in return on equity category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Greencity Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Greencity Return On Equity vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Greencity Acquisition

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(1.54 M)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Greencity Acquisition

Return On Equity

 = 

Net Income

Total Equity

 = 
-1.27
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Greencity Return On Equity Comparison

Greencity Acquisition is currently under evaluation in return on equity category among its peers.

Greencity Acquisition Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greencity Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greencity Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Greencity Acquisition's change in net profit over the period of time. It can combine multiple indicators of Greencity Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Greencity Acquisition Corporation does not have significant operations. The company was incorporated in 2018 and is based in Shanghai, China. Greencity Acquisition is traded on NASDAQ Exchange in the United States.

Greencity Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Greencity Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Greencity Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Greencity Acquisition's important profitability drivers and their relationship over time.

Use Greencity Acquisition in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greencity Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greencity Acquisition will appreciate offsetting losses from the drop in the long position's value.

Greencity Acquisition Pair Trading

Greencity Acquisition Pair Trading Analysis

The ability to find closely correlated positions to Greencity Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greencity Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greencity Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greencity Acquisition to buy it.
The correlation of Greencity Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greencity Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greencity Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greencity Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Greencity Acquisition position

In addition to having Greencity Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Health Management Thematic Idea Now

Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Management Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Greencity Stock

If you are still planning to invest in Greencity Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Greencity Acquisition's history and understand the potential risks before investing.
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