Gigacloud Technology Class Stock Price on June 2, 2024
| GCT Stock | USD 25.50 1.38 5.72% |
If you're considering investing in GigaCloud Stock, it is important to understand the factors that can impact its price. As of today, the current price of GigaCloud Technology stands at 25.50, as last reported on the 25th of November, with the highest price reaching 26.12 and the lowest price hitting 23.70 during the day. GigaCloud Technology appears to be slightly risky, given 3 months investment horizon. GigaCloud Technology holds Efficiency (Sharpe) Ratio of 0.0819, which attests that the entity had a 0.0819% return per unit of risk over the last 3 months. By evaluating GigaCloud Technology's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize GigaCloud Technology's Risk Adjusted Performance of 0.0661, downside deviation of 5.25, and Market Risk Adjusted Performance of 0.2796 to validate if our risk estimates are consistent with your expectations.
At this time, GigaCloud Technology's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 889.3 M in 2024, whereas Common Stock is likely to drop slightly above 1.2 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.03 in 2024, whereas Price To Sales Ratio is likely to drop 1.01 in 2024. GigaCloud Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GigaCloud |
Sharpe Ratio = 0.0819
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Estimated Market Risk
| 6.05 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average GigaCloud Technology is performing at about 6% 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 GigaCloud Technology by adding it to a well-diversified portfolio.
Price Book 2.6094 | Enterprise Value Ebitda 7.9887 | Price Sales 0.9412 | Shares Float 25.4 M | Wall Street Target Price 53.374 |
GigaCloud Technology Main Headline on 31st of May 2024
Filed transaction by GigaCloud Technology Class Director, 10 Percent Owner, Officer Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
GigaCloud Technology Valuation on June 2, 2024
It is possible to determine the worth of GigaCloud Technology on a given historical date. On June 2, 2024 GigaCloud was worth 31.0 at the beginning of the trading date compared to the closed value of 31.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GigaCloud Technology stock. Still, in general, we apply an absolute valuation method to find GigaCloud Technology'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 GigaCloud Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GigaCloud Technology's related companies.
| Open | High | Low | Close | Volume | |
| 31.89 | 32.25 | 30.23 | 30.27 | 2,095,724 | |
05/31/2024 | 31.00 | 31.46 | 30.24 | 31.14 | 1,535,192 |
| 31.86 | 33.15 | 31.85 | 32.57 | 1,847,346 |
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GigaCloud Technology Trading Date Momentum on June 2, 2024
| On June 03 2024 GigaCloud Technology Class was traded for 32.57 at the closing time. Highest GigaCloud Technology's price during the trading hours was 33.15 and the lowest price during the day was 31.85 . The net volume was 1.8 M. The overall trading history on the 3rd of June contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 4.59% . The overall trading delta to current price is 1.89% . |
GigaCloud Technology Fundamentals Correlations and Trends
By evaluating GigaCloud Technology'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 GigaCloud Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GigaCloud financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GigaCloud Technology Stock history
GigaCloud Technology 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 GigaCloud is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GigaCloud Technology 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 GigaCloud Technology stock prices may prove useful in developing a viable investing in GigaCloud Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.9 M | 44.4 M | |
| Net Income Applicable To Common Shares | 16.9 M | 10.3 M |
GigaCloud Technology Quarterly Net Working Capital |
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GigaCloud Technology Stock Technical Analysis
GigaCloud Technology 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.
Price Boundaries
GigaCloud Technology Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
GigaCloud Technology Class 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.
GigaCloud Technology November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how GigaCloud Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GigaCloud Technology shares will generate the highest return on investment. By undertsting and applying GigaCloud Technology stock market strength indicators, traders can identify GigaCloud Technology Class entry and exit signals to maximize returns
GigaCloud Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GigaCloud Technology's price direction in advance. Along with the technical and fundamental analysis of GigaCloud Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GigaCloud 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.
| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.2444 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0614 | |||
| Treynor Ratio | 0.2696 |
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Additional Tools for GigaCloud Stock Analysis
When running GigaCloud Technology's price analysis, check to measure GigaCloud Technology'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 GigaCloud Technology is operating at the current time. Most of GigaCloud Technology's value examination focuses on studying past and present price action to predict the probability of GigaCloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GigaCloud Technology's price. Additionally, you may evaluate how the addition of GigaCloud Technology to your portfolios can decrease your overall portfolio volatility.