Gdev Inc Stock Price on October 3, 2024

GDEV Stock  USD 24.50  0.50  2.00%   
If you're considering investing in GDEV Stock, it is important to understand the factors that can impact its price. As of today, the current price of GDEV stands at 24.50, as last reported on the 22nd of November, with the highest price reaching 25.30 and the lowest price hitting 24.50 during the day. At this stage we consider GDEV Stock to be somewhat reliable. GDEV Inc holds Efficiency (Sharpe) Ratio of 0.0081, which attests that the entity had a 0.0081% return per unit of return volatility over the last 3 months. We have found twenty-four technical indicators for GDEV Inc, which you can use to evaluate the volatility of the firm. Please check out GDEV's Market Risk Adjusted Performance of 0.2828, risk adjusted performance of 0.0025, and Coefficient Of Variation of (11,488) to validate if the risk estimate we provide is consistent with the expected return of 0.0627%.
  
At this time, GDEV's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 2.9 M in 2024, whereas Total Stockholder Equity is likely to drop (104.8 M) in 2024. . At this time, GDEV's Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 41.80 in 2024, whereas Price Book Value Ratio is likely to drop (4.66) in 2024. GDEV Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0081

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Estimated Market Risk

 7.78
  actual daily
69
69% of assets are less volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average GDEV is not performing at its full potential. However, 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 GDEV by adding GDEV to a well-diversified portfolio.
Enterprise Value Ebitda
5.8909
Price Sales
1.0214
Shares Float
2.2 M
Wall Street Target Price
70
Earnings Share
2.45

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GDEV Valuation on October 3, 2024

It is possible to determine the worth of GDEV on a given historical date. On October 3, 2024 GDEV was worth 35.0 at the beginning of the trading date compared to the closed value of 37.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GDEV stock. Still, in general, we apply an absolute valuation method to find GDEV'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 GDEV where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GDEV's related companies.
 Open High Low Close Volume
  34.99    34.99    33.49    34.17    3,321  
10/03/2024
  35.00    37.00    33.99    37.00    3,193  
  35.45    35.94    30.00    32.21    4,657  
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Open Value
35.0
37.0
Closing Value
58.34
Upside

GDEV Trading Date Momentum on October 3, 2024

On October 04 2024 GDEV Inc was traded for  32.21  at the closing time. The top price for the day was 35.94  and the lowest listed price was  30.00 . The trading volume for the day was 4.7 K. The trading history from October 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 12.95% . The overall trading delta against the current closing price is 18.92% .

GDEV Inc Fundamentals Correlations and Trends

By evaluating GDEV'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 GDEV's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GDEV financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GDEV Stock history

GDEV 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 GDEV is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GDEV Inc 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 GDEV stock prices may prove useful in developing a viable investing in GDEV
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20 M19 M
Net Income Applicable To Common Shares8.4 M8.8 M

GDEV Stock Technical Analysis

GDEV 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 GDEV technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GDEV 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

GDEV Period Price Range

Low
November 22, 2024
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GDEV Inc 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.

GDEV November 22, 2024 Market Strength

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

GDEV Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GDEV's price direction in advance. Along with the technical and fundamental analysis of GDEV Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GDEV 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 GDEV Stock Analysis

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