Global Blockchain Acquisition Stock Price on July 16, 2024

GBBKW Stock  USD 0.05  0.02  47.06%   
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Blockchain stands at 0.05, as last reported on the 24th of November, with the highest price reaching 0.07 and the lowest price hitting 0.02 during the day. Global Blockchain is out of control given 3 months investment horizon. Global Blockchain holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 64.75% are justified by taking the suggested risk. Use Global Blockchain Acquisition Downside Deviation of 25.58, risk adjusted performance of 0.1214, and Market Risk Adjusted Performance of 3.57 to evaluate company specific risk that cannot be diversified away.
  
Common Stock Shares Outstanding is likely to climb to about 22.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 23.3 M in 2024. . At this time, Global Blockchain's Price Earnings Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.36 in 2024, whereas Price Book Value Ratio is likely to drop 7.87 in 2024. Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2562

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Estimated Market Risk

 252.79
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Global Blockchain is performing at about 20% 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 Global Blockchain by adding it to a well-diversified portfolio.
Book Value
(0.22)
Shares Float
862.4 K
Shares Short Prior Month
55.8 K
Shares Short
67.2 K

Global Blockchain Valuation on July 16, 2024

It is possible to determine the worth of Global Blockchain on a given historical date. On July 16, 2024 Global was worth 0.027 at the beginning of the trading date compared to the closed value of 0.027. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Blockchain stock. Still, in general, we apply an absolute valuation method to find Global Blockchain's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Blockchain's related companies.
 Open High Low Close Volume
  0.03    0.03    0.02    0.03    32,089  
07/16/2024
  0.03    0.03    0.03    0.03    1,412  
  0.03    0.03    0.02    0.02    28,630  
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Open Value
0.027
0.0003
Downside
0.027
Closing Value
758.41
Upside

Global Blockchain Trading Date Momentum on July 16, 2024

On July 17 2024 Global Blockchain Acquisition was traded for  0.02  at the closing time. The highest daily price throughout the period was 0.03  and the lowest price was  0.02 . The daily volume was 28.6 K. The net trading volume on 07/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 36.67% . The overall trading delta to current closing price is 11.11% .

Global Blockchain Fundamentals Correlations and Trends

By evaluating Global Blockchain's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Global Blockchain Stock history

Global Blockchain investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Blockchain will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Blockchain stock prices may prove useful in developing a viable investing in Global Blockchain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding19.3 M22.2 M

Global Blockchain Stock Technical Analysis

Global Blockchain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Global Blockchain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Blockchain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Global Blockchain Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Global Blockchain Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Global Blockchain November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Global Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Blockchain shares will generate the highest return on investment. By undertsting and applying Global Blockchain stock market strength indicators, traders can identify Global Blockchain Acquisition entry and exit signals to maximize returns

Global Blockchain Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Global Blockchain's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.