GreenSky Stock Performance

GSKY
 Stock
  

USD 10.20  0.00  0.00%   

The company retains a Market Volatility (i.e., Beta) of -0.0509, which attests to not very significant fluctuations relative to the market. Let's try to break down what GreenSky's beta means in this case. As returns on the market increase, returns on owning GreenSky are expected to decrease at a much lower rate. During the bear market, GreenSky is likely to outperform the market. Although it is important to respect GreenSky current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating GreenSky technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. GreenSky right now retains a risk of 0.0%. Please check out GreenSky mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if GreenSky will be following its current trending patterns.
  
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GreenSky Performance
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Over the last 90 days GreenSky has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking signals, GreenSky is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Quick Ratio1.35
Fifty Two Week Low5.33
Target High Price12.00
Fifty Two Week High12.63
Target Low Price6.00

GreenSky Relative Risk vs. Return Landscape

If you would invest  1,020  in GreenSky on April 4, 2022 and sell it today you would earn a total of  0.00  from holding GreenSky or generate 0.0% return on investment over 90 days. GreenSky is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than GreenSky, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 

GreenSky Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GreenSky's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GreenSky, and traders can use it to determine the average amount a GreenSky's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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GSKY
Based on monthly moving average GreenSky is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GreenSky by adding it to a well-diversified portfolio.

About GreenSky Performance

To evaluate GreenSky Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when GreenSky generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare GreenSky Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand GreenSky stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents GreenSky's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.032  0.0328 
Return on Average Equity 1.74  1.88 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.16  0.20 
GreenSky, Inc., a technology company, that enables promotional financing at the point of sale for merchants, consumers, and bank partners. The company was founded in 2006 and is headquartered in Atlanta, Georgia. Greensky Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1164 people.

Things to note about GreenSky

Checking the ongoing alerts about GreenSky for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for GreenSky help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

GreenSky Alerts

Equity Alerts and Improvement Suggestions

GreenSky is not currently marked as verified by its exchange. Report It!
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.
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