Greensky Stock Performance

GSKY -  USA Stock  

USD 11.34  0.31  2.66%

The company retains a Market Volatility (i.e., Beta) of 1.3511, 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-one different technical indicators, which can help you to evaluate its performance. Greensky Inc Cl has an expected return of -0.093%. Please be advised to check out Greensky Inc mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Greensky Inc Cl performance from the past will be repeated at some point in the near future.

Greensky Stock Performance 

 
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Greensky Performance
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Over the last 90 days Greensky Inc Cl has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking signals, Greensky Inc is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more

Greensky Price Channel

Quick Ratio1.35
Fifty Two Week Low4.42
Target High Price12.00
Fifty Two Week High12.63
Target Low Price6.00

Greensky Inc Relative Risk vs. Return Landscape

If you would invest  1,213  in Greensky Inc Cl on October 19, 2021 and sell it today you would lose (79.00)  from holding Greensky Inc Cl or give up 6.51% of portfolio value over 90 days. Greensky Inc Cl is currently does not generate positive expected returns and assumes 1.6769% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% 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 (%) 
Given the investment horizon of 90 days Greensky Inc is expected to under-perform the market. In addition to that, the company is 2.11 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

Greensky Inc Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Greensky Inc's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Greensky Inc Cl, and traders can use it to determine the average amount a Greensky Inc'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 = -0.0554

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Negative ReturnsGSKY
Estimated Market Risk
 1.68
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 -0.09
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 0 %
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Risk-Adjusted Return
 -0.06
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Based on monthly moving average Greensky Inc 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 Inc by adding it to a well-diversified portfolio.

About Greensky Inc Performance

To evaluate Greensky Inc Cl 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 Inc 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 Inc Cl 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 0.0072  0.007389 
Return on Average Equity(0.93) (0.96) 
Return on Invested Capital 0.0207  0.0213 
Return on Sales 0.06  0.06 
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 Inc Cl

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

Greensky Inc Alerts

Equity Alerts and Improvement Suggestions

Greensky Inc Cl generated a negative expected return over the last 90 days
Greensky Inc Cl has high likelihood to experience some financial distress in the next 2 years
About 74.0% of the company shares are owned by institutional investors
Latest headline from blindedbysound.com: Blindedbysound Pz - Blinded By Sound
Please check Risk vs Return Analysis. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.
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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.