Giga Media Stock Price on March 29, 2024
| GIGM Stock | USD 1.45 0.01 0.68% |
Below is the normalized historical share price chart for Giga Media extending back to February 18, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Giga Media stands at 1.45, as last reported on the 27th of November, with the highest price reaching 1.49 and the lowest price hitting 1.45 during the day.
If you're considering investing in Giga Stock, it is important to understand the factors that can impact its price. As of now, Giga Stock is unstable. Giga Media holds Efficiency (Sharpe) Ratio of 0.0951, which attests that the entity had a 0.0951% return per unit of risk over the last 3 months. We have found thirty technical indicators for Giga Media, which you can use to evaluate the volatility of the firm. Please check out Giga Media's Market Risk Adjusted Performance of 0.6788, risk adjusted performance of 0.0648, and Downside Deviation of 1.82 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
As of the 27th of November 2024, Sale Purchase Of Stock is likely to grow to about 3.4 M, while Total Stockholder Equity is likely to drop about 41.4 M. . As of the 27th of November 2024, Price To Sales Ratio is likely to drop to 2.36. In addition to that, Price Earnings Ratio is likely to grow to -4.29. Giga Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of February 2000 | 200 Day MA 1.3389 | 50 Day MA 1.4098 | Beta 0.371 |
Giga |
Sharpe Ratio = 0.0951
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Giga Media is performing at about 7% 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 Giga Media by adding it to a well-diversified portfolio.
Price Book 0.3836 | Enterprise Value Ebitda 7.124 | Price Sales 5.1947 | Shares Float 6.2 M | Wall Street Target Price 1.5 |
Giga Media Valuation on March 29, 2024
It is possible to determine the worth of Giga Media on a given historical date. On March 29, 2024 Giga was worth 1.27 at the beginning of the trading date compared to the closed value of 1.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Giga Media stock. Still, in general, we apply an absolute valuation method to find Giga Media'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 Giga Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Giga Media's related companies.
| Open | High | Low | Close | Volume | |
| 1.28 | 1.29 | 1.27 | 1.29 | 2,730 | |
03/28/2024 | 1.27 | 1.28 | 1.27 | 1.28 | 2,669 |
| 1.29 | 1.29 | 1.25 | 1.29 | 4,203 |
| Backtest Giga Media | | | Giga Media History | | | Giga Media Valuation | Previous | Next |
Giga Media Trading Date Momentum on March 29, 2024
| On April 01 2024 Giga Media was traded for 1.29 at the closing time. The top price for the day was 1.29 and the lowest listed price was 1.25 . The trading volume for the day was 4.2 K. The trading history from April 1, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.78% . The overall trading delta against the current closing price is 0.00% . |
Giga Media Fundamentals Correlations and Trends
By evaluating Giga Media'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 Giga Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Giga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Giga Media Stock history
Giga Media 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 Giga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Giga Media 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 Giga Media stock prices may prove useful in developing a viable investing in Giga Media
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.7 M | 12 M | |
| Net Loss | -2.8 M | -2.6 M |
Giga Media Quarterly Net Working Capital |
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Giga Media Stock Technical Analysis
Giga Media 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
Giga Media Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Giga Media 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.
Giga Media November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Giga Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Giga Media shares will generate the highest return on investment. By undertsting and applying Giga Media stock market strength indicators, traders can identify Giga Media entry and exit signals to maximize returns
Giga Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Giga Media's price direction in advance. Along with the technical and fundamental analysis of Giga Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Giga 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 | 0.0648 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.6688 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.279 | Quarterly Revenue Growth (0.28) | Return On Assets (0.05) | Return On Equity (0.09) |
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.