Greensky Stock Market Value

GSKY -  USA Stock  

USD 10.10  0.07  0.69%

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


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

Greensky Inc '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 Greensky Inc'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 Greensky Inc.
0.00
12/28/2021
No Change 0.00  0.0 
In 31 days
01/27/2022
0.00
If you would invest  0.00  in Greensky Inc on December 28, 2021 and sell it all today you would earn a total of 0.00 from holding Greensky Inc Cl or generate 0.0% return on investment in Greensky Inc over 30 days. Greensky Inc is related to or competes with Shift4 Payments, Micro Focus, and Fortinet. GreenSky, Inc., a technology company, that enables promotional financing at the point of sale for merchants, consumers, ...

Greensky Inc 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 Greensky Inc'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 Greensky Inc Cl upside and downside potential and time the market with a certain degree of confidence.

Greensky Inc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greensky Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Greensky Inc's standard deviation. In reality, there are many statistical measures that can use Greensky Inc historical prices to predict the future Greensky Inc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Greensky Inc'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. Please use the tools below to analyze the current value of Greensky Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.1210.0211.92
Details
Intrinsic
Valuation
LowReal ValueHigh
8.4510.3512.25
Details
Naive
Forecast
LowNext ValueHigh
7.429.3111.21
Details
3 Analysts
Consensus
LowTarget PriceHigh
8.0010.0012.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Greensky Inc. Your research has to be compared to or analyzed against Greensky Inc's peers to derive any actionable benefits. When done correctly, Greensky Inc's 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 Greensky Inc Cl.

Greensky Inc Cl Backtested Returns

Greensky Inc Cl holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had -0.15% 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. Greensky Inc Cl exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Greensky Inc risk adjusted performance of (0.11), and Market Risk Adjusted Performance of (0.17) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.4644, which attests to a somewhat significant risk relative to the market. Let's try to break down what Greensky'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, Greensky Inc will likely underperform. Even though it is essential to pay attention to Greensky Inc Cl 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. Greensky Inc Cl exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Greensky Inc Cl has an expected return of -0.29%. Please be advised to check out Greensky Inc total risk alpha, as well as the relationship between the downside variance and daily balance of power to decide if Greensky Inc Cl performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.72)   

Almost perfect reverse predictability

Greensky Inc Cl has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Greensky Inc time series from 28th of December 2021 to 12th of January 2022 and 12th of January 2022 to 27th of January 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 Greensky Inc Cl price movement. The serial correlation of -0.72 indicates that around 72.0% of current Greensky Inc price fluctuation can be explain by its past prices. Given that Greensky Inc Cl has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Greensky Inc for similar time interval.
Correlation Coefficient-0.72
Spearman Rank Test-0.79
Residual Average0.0
Price Variance0.35

Greensky Inc Cl lagged returns against current returns

Autocorrelation, which is Greensky Inc 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 Greensky Inc's stock expected returns. We can calculate the autocorrelation of Greensky Inc returns to help us make a trade decision. For example, suppose you find that Greensky Inc 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 

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

Greensky Inc Lagged Returns

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

Greensky Inc Investors Sentiment

The influence of Greensky Inc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Greensky. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Greensky Inc Implied Volatility

    
  80.76  
Greensky Inc's implied volatility exposes the market's sentiment of Greensky Inc Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Greensky Inc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Greensky Inc stock will not fluctuate a lot when Greensky Inc's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Greensky Inc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Greensky Inc's short interest history, or implied volatility extrapolated from Greensky Inc options trading.

Current Sentiment - GSKY

Greensky Inc Cl Investor Sentiment

Most of Macroaxis users are currently bullish on Greensky Inc Cl. What is your judgment towards investing in Greensky Inc Cl? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Greensky Inc Cl 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 Greensky Inc Hype Analysis, Greensky Inc Correlation, Greensky Inc Valuation, Greensky Inc Volatility, as well as analyze Greensky Inc Alpha and Beta and Greensky Inc Performance. Note that the Greensky Inc Cl information on this page should be used as a complementary analysis to other Greensky Inc'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Greensky Stock analysis

When running Greensky Inc Cl price analysis, check to measure Greensky Inc'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 Inc is operating at the current time. Most of Greensky Inc's value examination focuses on studying past and present price action to predict the probability of Greensky Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Greensky Inc's price. Additionally, you may evaluate how the addition of Greensky Inc to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Greensky Inc 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 Greensky Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Greensky Inc 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...