Greenwich Stock Market Value

GLSI
 Stock
  

USD 8.96  0.49  5.79%   

Greenwich Lifesciences' market value is the price at which a share of Greenwich Lifesciences stock trades on a public exchange. It measures the collective expectations of Greenwich Lifesciences investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Greenwich Lifesciences and determine expected loss or profit from investing in Greenwich Lifesciences over a given investment horizon. Please check Greenwich Lifesciences Hype Analysis, Greenwich Lifesciences Correlation, Greenwich Lifesciences Valuation, Greenwich Lifesciences Volatility, as well as analyze Greenwich Lifesciences Alpha and Beta and Greenwich Lifesciences Performance.
Symbol
Backtest


Is Greenwich Lifesciences' industry 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 Greenwich Lifesciences. If investors know Greenwich 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 Greenwich Lifesciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
110.1 M
Return On Assets
-0.15
Return On Equity
-0.24
The market value of Greenwich Lifesciences is measured differently than its book value, which is the value of Greenwich that is recorded on the company's balance sheet. Investors also form their own opinion of Greenwich Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Greenwich Lifesciences' 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 Greenwich Lifesciences' market value can be influenced by many factors that don't directly affect Greenwich Lifesciences' 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 Greenwich Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine Greenwich Lifesciences value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenwich Lifesciences' 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.

Greenwich Lifesciences '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 Greenwich Lifesciences' 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 Greenwich Lifesciences.
0.00
07/07/2021
No Change 0.00  0.0 
In 11 months and 27 days
07/02/2022
0.00
If you would invest  0.00  in Greenwich Lifesciences on July 7, 2021 and sell it all today you would earn a total of 0.00 from holding Greenwich Lifesciences or generate 0.0% return on investment in Greenwich Lifesciences over 360 days. Greenwich Lifesciences is related to or competes with 3M. Greenwich LifeSciences, Inc., a clinical stage biopharmaceutical company, focuses on the development of novel cancer imm...More

Greenwich Lifesciences 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 Greenwich Lifesciences' 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 Greenwich Lifesciences upside and downside potential and time the market with a certain degree of confidence.

Greenwich Lifesciences Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greenwich Lifesciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greenwich Lifesciences' standard deviation. In reality, there are many statistical measures that can use Greenwich Lifesciences historical prices to predict the future Greenwich Lifesciences' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Greenwich Lifesciences' 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. Please use the tools below to analyze the current value of Greenwich Lifesciences in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.138.7015.27
Details
Intrinsic
Valuation
LowReal ValueHigh
8.0626.1332.70
Details
Naive
Forecast
LowNext ValueHigh
2.939.5016.07
Details
1 Analysts
Consensus
LowTarget PriceHigh
78.0078.0078.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greenwich Lifesciences. Your research has to be compared to or analyzed against Greenwich Lifesciences' peers to derive any actionable benefits. When done correctly, Greenwich Lifesciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Greenwich Lifesciences.

Greenwich Lifesciences Backtested Returns

Greenwich Lifesciences holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had -0.16% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Greenwich Lifesciences exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Greenwich Lifesciences risk adjusted performance of (0.19), and Market Risk Adjusted Performance of (0.63) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.4505, which attests to a somewhat significant risk relative to the market. Let's try to break down what Greenwich's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Greenwich Lifesciences will likely underperform. Even though it is essential to pay attention to Greenwich Lifesciences current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Greenwich Lifesciences exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Greenwich Lifesciences has an expected return of -1.08%. Please be advised to check out Greenwich Lifesciences value at risk, and the relationship between the jensen alpha and skewness to decide if Greenwich Lifesciences performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.84  

Very good predictability

Greenwich Lifesciences has very good predictability. Overlapping area represents the amount of predictability between Greenwich Lifesciences time series from 7th of July 2021 to 3rd of January 2022 and 3rd of January 2022 to 2nd of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Greenwich Lifesciences price movement. The serial correlation of 0.84 indicates that around 84.0% of current Greenwich Lifesciences price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.79
Residual Average0.0
Price Variance29.02

Greenwich Lifesciences lagged returns against current returns

Autocorrelation, which is Greenwich Lifesciences 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 Greenwich Lifesciences' stock expected returns. We can calculate the autocorrelation of Greenwich Lifesciences returns to help us make a trade decision. For example, suppose you find that Greenwich Lifesciences stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Greenwich Lifesciences 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 Greenwich Lifesciences stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Greenwich Lifesciences stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Greenwich Lifesciences stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Greenwich Lifesciences Lagged Returns

When evaluating Greenwich Lifesciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Greenwich Lifesciences stock have on its future price. Greenwich Lifesciences 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, Greenwich Lifesciences autocorrelation shows the relationship between Greenwich Lifesciences stock current value and its past values and can show if there is a momentum factor associated with investing in Greenwich Lifesciences.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Greenwich Lifesciences 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 Idea Breakdown Now

   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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 Greenwich Lifesciences 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 Greenwich Lifesciences Hype Analysis, Greenwich Lifesciences Correlation, Greenwich Lifesciences Valuation, Greenwich Lifesciences Volatility, as well as analyze Greenwich Lifesciences Alpha and Beta and Greenwich Lifesciences Performance. Note that the Greenwich Lifesciences information on this page should be used as a complementary analysis to other Greenwich Lifesciences' 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Greenwich Stock analysis

When running Greenwich Lifesciences price analysis, check to measure Greenwich Lifesciences' 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 Greenwich Lifesciences is operating at the current time. Most of Greenwich Lifesciences' value examination focuses on studying past and present price action to predict the probability of Greenwich Lifesciences' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Greenwich Lifesciences' price. Additionally, you may evaluate how the addition of Greenwich Lifesciences to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Greenwich Lifesciences 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.
A focus of Greenwich Lifesciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Greenwich Lifesciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...