Global Develpmts Stock Price on June 20, 2023
GDVM Stock | USD 0.01 0 15.56% |
If you're considering investing in Global Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Global Develpmts stands at 0.01, as last reported on the 24th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Global Develpmts holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Global Develpmts exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Develpmts' Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.17), and Standard Deviation of 7.25 to validate the risk estimate we provide.
Global Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.1067
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Estimated Market Risk
6.7 actual daily | 59 59% of assets are less volatile |
Expected Return
-0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Develpmts 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 Global Develpmts by adding Global Develpmts to a well-diversified portfolio.
Global Develpmts Valuation on June 20, 2023
It is possible to determine the worth of Global Develpmts on a given historical date. On June 20, 2023 Global was worth 0.0475 at the beginning of the trading date compared to the closed value of 0.041. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Develpmts pink sheet. Still, in general, we apply an absolute valuation method to find Global Develpmts' 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 Develpmts where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Develpmts' related companies.
Open | High | Low | Close | Volume | |
0.05 | 0.05 | 0.04 | 0.05 | 6,239,939 | |
06/20/2023 | 0.05 | 0.05 | 0.04 | 0.04 | 3,421,189 |
0.04 | 0.04 | 0.04 | 0.04 | 2,610,565 |
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Global Develpmts Trading Date Momentum on June 20, 2023
On June 21 2023 Global Develpmts was traded for 0.04 at the closing time. The top price for the day was 0.04 and the lowest listed price was 0.04 . The trading volume for the day was 2.6 M. The trading history from June 21, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.49% . The overall trading delta against the current closing price is 13.41% . |
Global Develpmts Fundamentals Correlations and Trends
By evaluating Global Develpmts' 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 Develpmts' 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 Develpmts Pink Sheet history
Global Develpmts 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 Develpmts 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 Develpmts stock prices may prove useful in developing a viable investing in Global Develpmts
It is a principal investment firm specializing in acquisitions and early stage financing of emerging growth companies. Global Developments, Inc. was founded in 2006 and is based in Vancouver, Canada. Global Develpmts is traded on OTC Exchange in the United States.
Global Develpmts Pink Sheet Technical Analysis
Global Develpmts technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Global Develpmts Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Global Develpmts cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Develpmts November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Develpmts pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Develpmts shares will generate the highest return on investment. By undertsting and applying Global Develpmts pink sheet market strength indicators, traders can identify Global Develpmts entry and exit signals to maximize returns
Global Develpmts Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Develpmts' price direction in advance. Along with the technical and fundamental analysis of Global Pink Sheet 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (1.37) | |||
Treynor Ratio | (0.18) |
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Other Information on Investing in Global Pink Sheet
Global Develpmts financial ratios help investors to determine whether Global Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Develpmts security.