GRN 📈 iPath Series B Carbon ETN - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US06747C3227 • Commodities Focused

GRN: Carbon Emissions Credits, Futures Contracts

The index has the objective of providing exposure to the price of carbon as measured by the return of futures contracts on carbon emissions credits from two of the world's major emissions-related mechanisms. The components currently included in the index are futures contracts that trade on the ICE Futures Europe exchange. ‣ Company URL: ‣ Domicile: United States

Additional Sources for GRN ETF

GRN ETF Overview

Market Cap in USD 23m
Category Commodities Focused
TER 0.75%
IPO / Inception 2019-09-10

GRN ETF Ratings

Growth 5y -34.7%
Fundamental -
Dividend -
Rel. Strength Industry 23.5
Analysts -
Fair Price Momentum 28.43 USD
Fair Price DCF -

GRN Dividends

No Dividends Paid

GRN Growth Ratios

Growth Correlation 3m 66.5%
Growth Correlation 12m 44.5%
Growth Correlation 5y -58.6%
CAGR 5y -9.94%
CAGR/Mean DD 5y -0.18
Sharpe Ratio 12m 0.55
Alpha -1.09
Beta 0.82
Volatility 40.18%
Current Volume 1.5k
Average Volume 20d 2.7k
What is the price of GRN stocks?
As of January 15, 2025, the stock is trading at USD 30.02 with a total of 1,545 shares traded.
Over the past week, the price has changed by +3.90%, over one month by +15.95%, over three months by +14.08% and over the past year by +19.17%.
Is iPath Series B Carbon ETN a good stock to buy?
Probably not. Based on ValueRay Analyses, iPath Series B Carbon ETN (NYSE ARCA:GRN) is currently (January 2025) not a good stock to buy. It has a ValueRay Growth Rating of -34.69 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GRN as of January 2025 is 28.43. This means that GRN is currently overvalued and has a potential downside of -5.3%.
Is GRN a buy, sell or hold?
iPath Series B Carbon ETN has no consensus analysts rating.
What are the forecast for GRN stock price target?
According to ValueRays Forecast Model, GRN iPath Series B Carbon ETN will be worth about 31.4 in January 2026. The stock is currently trading at 30.02. This means that the stock has a potential upside of +4.7%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 31.4 4.7%