GreenSky Shares Owned by Institutions vs. Cash and Equivalents

GSKY
 Stock
  

USD 10.20  0.00  0.00%   

For GreenSky profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GreenSky to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GreenSky utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GreenSky's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GreenSky over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
  
Refresh
GreenSky Return on Sales is fairly stable at the moment as compared to the past year. GreenSky reported Return on Sales of 0.16 in 2021. Sales per Share is likely to rise to 3.15 in 2022, whereas Price to Sales Ratio is likely to drop 3.58 in 2022. GreenSky Net Income is fairly stable at the moment as compared to the past year. GreenSky reported Net Income of 42.14 Million in 2021. Net Income Common Stock is likely to rise to about 49.1 M in 2022, whereas Accumulated Other Comprehensive Income is likely to drop (4.2 M) in 2022.

GreenSky Revenues

500.93 Million

Share
Is GreenSky'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. 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 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 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's value that differs from its market value or its book value, called intrinsic value, which is GreenSky'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's market value can be influenced by many factors that don't directly affect GreenSky'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's value and its price as these two are different measures arrived at by different means. Investors typically determine GreenSky value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenSky'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 Cash and Equivalents vs. Shares Owned by Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining GreenSky's current stock value. Our valuation model uses many indicators to compare GreenSky value to that of its competitors to determine the firm's financial worth.
GreenSky is one of the top stocks in shares owned by institutions category among related companies. It is one of the top stocks in cash and equivalents category among related companies creating about  3,251,848  of Cash and Equivalents per Shares Owned by Institutions. GreenSky Cash and Equivalents is fairly stable at the moment as compared to the past year. GreenSky reported Cash and Equivalents of 552.44 Million in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value GreenSky by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GreenSky's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GreenSky's earnings, one of the primary drivers of an investment's value.

GreenSky Cash and Equivalents vs. Shares Owned by Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
GreenSky 
Shares Held by Institutions 
 = 
Funds and Banks 
Firms 
74.41 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
GreenSky 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
241.97 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

GreenSky Cash and Equivalents Comparison

GreenSky is currently under evaluation in cash and equivalents category among related companies.

GreenSky Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in GreenSky, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GreenSky will eventually generate negative long term returns. The profitability progress is the general direction of GreenSky's change in net profit over the period of time. It can combine multiple indicators of GreenSky, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income-3.9 M-4.2 M
Consolidated Income117.8 M105.8 M
Net Income42.1 M50.2 M
Net Income Common Stock42.1 M49.1 M
Net Income to Non Controlling Interests75.7 M67.4 M
Operating Income161.2 M154.8 M
Preferred Dividends Income Statement Impact15.8 M15.7 M
Income Tax Expense13.9 M15 M
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.

GreenSky Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on GreenSky. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GreenSky position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GreenSky's important profitability drivers and their relationship over time.

Use GreenSky in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GreenSky position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GreenSky will appreciate offsetting losses from the drop in the long position's value.

GreenSky Pair Trading

GreenSky Pair Trading Analysis

The ability to find closely correlated positions to GreenSky could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenSky when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GreenSky - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GreenSky to buy it.
The correlation of GreenSky is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GreenSky moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenSky moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GreenSky can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your GreenSky position

In addition to having GreenSky in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
View All  Next Launch Banks
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go