GreenSky Stock Forecast - Daily Balance Of Power

GSKY -  USA Stock  

USD 10.20  0.00  0.00%

GreenSky Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GreenSky historical stock prices and determine the direction of GreenSky's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of GreenSky historical fundamentals such as revenue growth or operating cash flow patterns. Although GreenSky naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of GreenSky systematic risk associated with finding meaningful patterns of GreenSky fundamentals over time.
Please check Risk vs Return Analysis.
  
Refresh
Asset Turnover is likely to rise to 0.45 in 2022. Weighted Average Shares is likely to rise to about 184.5 M in 2022. Issuance Purchase of Equity Shares is likely to rise to about 941.1 K in 2022.

Open Interest Agains t 2022-06-17 GreenSky Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast GreenSky's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest GreenSky's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies GreenSky stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current GreenSky's open interest, investors have to compare it to GreenSky's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of GreenSky is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in GreenSky. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On November 29, 2021 GreenSky had Daily Balance Of Power of (0.60).
Most investors in GreenSky cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the GreenSky's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets GreenSky's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of GreenSky market sensitivity to bulls and bears. It estimates the ability of GreenSky buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring GreenSky Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.6429(0.60)
Check GreenSky VolatilityBacktest GreenSkyTrend Details  

GreenSky Trading Date Momentum

On November 30 2021 GreenSky was traded for  11.34  at the closing time. The top price for the day was 11.43  and the lowest listed price was  11.17 . The trading volume for the day was 2.2 M. The trading history from November 30, 2021 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.70% . The overall trading delta against the current closing price is 1.23% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare GreenSky to competition

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GreenSky stock to make a market-neutral strategy. Peer analysis of GreenSky could also be used in its relative valuation, which is a method of valuing GreenSky by comparing valuation metrics with similar companies.

GreenSky Risk Indicators

The analysis of GreenSky's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in GreenSky's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting GreenSky stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GreenSky without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Earnings Calls Now

   

Earnings Calls

Check upcoming earnings announcements updated hourly across public exchanges
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as GreenSky using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. Note that the GreenSky information on this page should be used as a complementary analysis to other GreenSky's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for GreenSky Stock

When running GreenSky price analysis, check to measure GreenSky's 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 GreenSky is operating at the current time. Most of GreenSky's value examination focuses on studying past and present price action to predict the probability of GreenSky's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GreenSky's price. Additionally, you may evaluate how the addition of GreenSky to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go