Greenidge Generation Holdings Stock Market Value
| GREE Stock | USD 1.95 0.04 2.01% |
| Symbol | Greenidge |
Greenidge Generation Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenidge Generation. If investors know Greenidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.86) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets | Return On Equity |
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation'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.
Greenidge Generation '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 Greenidge Generation's stock 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 Greenidge Generation.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Greenidge Generation on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Greenidge Generation Holdings or generate 0.0% return on investment in Greenidge Generation over 90 days. Greenidge Generation is related to or competes with Cipher Mining, Terawulf, Argo Blockchain, Iris Energy, Aterian, Bakkt Holdings, and DatChat. Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company More
Greenidge Generation 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 Greenidge Generation's stock 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 Greenidge Generation Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.02 | |||
| Information Ratio | 0.187 | |||
| Maximum Drawdown | 72.98 | |||
| Value At Risk | (9.38) | |||
| Potential Upside | 14.29 |
Greenidge Generation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenidge Generation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenidge Generation's standard deviation. In reality, there are many statistical measures that can use Greenidge Generation historical prices to predict the future Greenidge Generation's volatility.| Risk Adjusted Performance | 0.1965 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | 0.6128 | |||
| Sortino Ratio | 0.3191 | |||
| Treynor Ratio | 0.8565 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greenidge Generation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Greenidge Generation Backtested Returns
Greenidge Generation is extremely dangerous given 3 months investment horizon. Greenidge Generation holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22 % return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.28% are justified by taking the suggested risk. Use Greenidge Generation Holdings Risk Adjusted Performance of 0.1965, downside deviation of 6.02, and Market Risk Adjusted Performance of 0.8665 to evaluate company specific risk that cannot be diversified away. Greenidge Generation holds a performance score of 17 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.39, 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, Greenidge Generation will likely underperform. Use Greenidge Generation Holdings maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to analyze future returns on Greenidge Generation Holdings.
Auto-correlation | 0.69 |
Good predictability
Greenidge Generation Holdings has good predictability. Overlapping area represents the amount of predictability between Greenidge Generation time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Greenidge Generation price movement. The serial correlation of 0.69 indicates that around 69.0% of current Greenidge Generation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Greenidge Generation lagged returns against current returns
Autocorrelation, which is Greenidge Generation stock'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 Greenidge Generation's stock expected returns. We can calculate the autocorrelation of Greenidge Generation returns to help us make a trade decision. For example, suppose you find that Greenidge Generation has exhibited high autocorrelation historically, and you observe that the stock 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 |
Greenidge Generation 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 Greenidge Generation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenidge Generation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenidge Generation stock over time.
Current vs Lagged Prices |
| Timeline |
Greenidge Generation Lagged Returns
When evaluating Greenidge Generation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenidge Generation stock have on its future price. Greenidge Generation 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, Greenidge Generation autocorrelation shows the relationship between Greenidge Generation stock current value and its past values and can show if there is a momentum factor associated with investing in Greenidge Generation Holdings.
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.When determining whether Greenidge Generation is a strong investment it is important to analyze Greenidge Generation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenidge Generation's future performance. For an informed investment choice regarding Greenidge Stock, refer to the following important reports:Check out Greenidge Generation Correlation, Greenidge Generation Volatility and Greenidge Generation Alpha and Beta module to complement your research on Greenidge Generation. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Greenidge Generation 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.