Global Total Assets from 2010 to 2024

GBBKR Stock  USD 0.11  0.01  10.00%   
Global Blockchain Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 25.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
26.8 M
Current Value
25.4 M
Quarterly Volatility
46 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Blockchain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Other Operating Expenses of 742.3 K or EBIT of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 7.87. Global financial statements analysis is a perfect complement when working with Global Blockchain Valuation or Volatility modules.
  
Check out the analysis of Global Blockchain Correlation against competitors.

Latest Global Blockchain's Total Assets Growth Pattern

Below is the plot of the Total Assets of Global Blockchain Acquisition over the last few years. Total assets refers to the total amount of Global Blockchain assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Global Blockchain books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Global Blockchain's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Blockchain's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 26.77 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Global Total Assets Regression Statistics

Arithmetic Mean15,865,140
Geometric Mean1,400,718
Coefficient Of Variation289.78
Mean Deviation24,465,351
Median574,295
Standard Deviation45,973,842
Sample Variance2113.6T
Range178.3M
R-Value0.42
Mean Square Error1865.4T
R-Squared0.18
Significance0.11
Slope4,366,887
Total Sum of Squares29590.3T

Global Total Assets History

202425.4 M
202326.8 M
2022178.9 M

Other Fundumenentals of Global Blockchain

Global Blockchain Total Assets component correlations

About Global Blockchain Financial Statements

Global Blockchain shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Global Blockchain investors may analyze each financial statement separately, they are all interrelated. The changes in Global Blockchain's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Blockchain's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets26.8 M25.4 M

Pair Trading with Global Blockchain

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 Global Blockchain 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 Global Blockchain will appreciate offsetting losses from the drop in the long position's value.

Moving against Global Stock

  0.31KO Coca Cola Aggressive PushPairCorr
The ability to find closely correlated positions to Global Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Blockchain 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 Global Blockchain - 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 Global Blockchain Acquisition to buy it.
The correlation of Global Blockchain is a statistical measure of how it moves in relation to other instruments. 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 Global Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Blockchain 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 Global Blockchain 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

Additional Tools for Global Stock Analysis

When running Global Blockchain's price analysis, check to measure Global Blockchain'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 Global Blockchain is operating at the current time. Most of Global Blockchain's value examination focuses on studying past and present price action to predict the probability of Global Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Blockchain's price. Additionally, you may evaluate how the addition of Global Blockchain to your portfolios can decrease your overall portfolio volatility.