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
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 PaidGRN 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%.
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%.
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.
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%.
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% |