GigaMedia (Germany) Price on November 26, 2024
| GIFN Stock | 1.33 0.01 0.76% |
If you're considering investing in GigaMedia Stock, it is important to understand the factors that can impact its price. As of today, the current price of GigaMedia stands at 1.33, as last reported on the 2nd of December, with the highest price reaching 1.33 and the lowest price hitting 1.32 during the day. GigaMedia appears to be very risky, given 3 months investment horizon. GigaMedia holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GigaMedia, which you can use to evaluate the volatility of the firm. Please utilize GigaMedia's Downside Deviation of 1.66, market risk adjusted performance of (2.71), and Risk Adjusted Performance of 0.1085 to validate if our risk estimates are consistent with your expectations.
GigaMedia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GigaMedia |
Sharpe Ratio = 0.1353
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average GigaMedia is performing at about 10% 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 GigaMedia by adding it to a well-diversified portfolio.
GigaMedia Valuation on November 26, 2024
It is possible to determine the worth of GigaMedia on a given historical date. On November 26, 2024 GigaMedia was worth 1.33 at the beginning of the trading date compared to the closed value of 1.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GigaMedia stock. Still, in general, we apply an absolute valuation method to find GigaMedia'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 GigaMedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GigaMedia's related companies.
| Open | High | Low | Close | Volume | |
| 1.34 | 1.34 | 1.32 | 1.33 | 1.00 | |
11/26/2024 | 1.33 | 1.33 | 1.33 | 1.33 | 1.00 |
| 1.33 | 1.33 | 1.32 | 1.33 | 1.00 |
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GigaMedia Trading Date Momentum on November 26, 2024
| On November 27 2024 GigaMedia was traded for 1.33 at the closing time. The highest price during the trading period was 1.33 and the lowest recorded bid was listed for 1.32 . There was no trading activity during the period 1.0. Lack of trading volume on November 27, 2024 did not cause price change. The overall trading delta to the current price is 0.75% . |
GigaMedia Fundamentals Correlations and Trends
By evaluating GigaMedia'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 GigaMedia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GigaMedia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GigaMedia Stock history
GigaMedia 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 GigaMedia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GigaMedia 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 GigaMedia stock prices may prove useful in developing a viable investing in GigaMedia
GigaMedia Stock Technical Analysis
GigaMedia 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
GigaMedia Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
GigaMedia cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
GigaMedia December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how GigaMedia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GigaMedia shares will generate the highest return on investment. By undertsting and applying GigaMedia stock market strength indicators, traders can identify GigaMedia entry and exit signals to maximize returns
GigaMedia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GigaMedia's price direction in advance. Along with the technical and fundamental analysis of GigaMedia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GigaMedia 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 | 0.1085 | |||
| Jensen Alpha | 0.252 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0682 | |||
| Treynor Ratio | (2.72) |
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Additional Tools for GigaMedia Stock Analysis
When running GigaMedia's price analysis, check to measure GigaMedia'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 GigaMedia is operating at the current time. Most of GigaMedia's value examination focuses on studying past and present price action to predict the probability of GigaMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GigaMedia's price. Additionally, you may evaluate how the addition of GigaMedia to your portfolios can decrease your overall portfolio volatility.