Galaxy Gaming Stock Price on January 5, 2024
GLXZ Stock | USD 2.84 0.06 2.16% |
If you're considering investing in Galaxy OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Galaxy Gaming stands at 2.84, as last reported on the 12th of December 2024, with the highest price reaching 2.84 and the lowest price hitting 2.79 during the day. At this stage we consider Galaxy OTC Stock to be somewhat reliable. Galaxy Gaming holds Efficiency (Sharpe) Ratio of 0.0323, which attests that the entity had a 0.0323% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galaxy Gaming, which you can use to evaluate the volatility of the firm. Please check out Galaxy Gaming's Risk Adjusted Performance of 0.0256, market risk adjusted performance of 0.7449, and Downside Deviation of 1.07 to validate if the risk estimate we provide is consistent with the expected return of 0.0335%.
Galaxy OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Galaxy |
Sharpe Ratio = 0.0323
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Estimated Market Risk
1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Galaxy Gaming is performing at about 2% 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 Galaxy Gaming by adding it to a well-diversified portfolio.
Galaxy Gaming Valuation on January 5, 2024
It is possible to determine the worth of Galaxy Gaming on a given historical date. On January 5, 2024 Galaxy was worth 1.83 at the beginning of the trading date compared to the closed value of 1.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Galaxy Gaming otc stock. Still, in general, we apply an absolute valuation method to find Galaxy Gaming'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 Galaxy Gaming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Galaxy Gaming's related companies.
Open | High | Low | Close | Volume | |
1.88 | 1.90 | 1.88 | 1.90 | 25,200 | |
01/05/2024 | 1.83 | 1.90 | 1.79 | 1.90 | 7,300 |
1.85 | 1.86 | 1.78 | 1.86 | 4,400 |
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Galaxy Gaming Trading Date Momentum on January 5, 2024
On January 08 2024 Galaxy Gaming was traded for 1.86 at the closing time. The top price for the day was 1.86 and the lowest listed price was 1.78 . The trading volume for the day was 4.4 K. The trading history from January 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.11% . The overall trading delta against the current closing price is 4.21% . |
Galaxy Gaming Fundamentals Correlations and Trends
By evaluating Galaxy Gaming'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 Galaxy Gaming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Galaxy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Galaxy Gaming OTC Stock history
Galaxy Gaming 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 Galaxy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Galaxy Gaming 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 Galaxy Gaming stock prices may prove useful in developing a viable investing in Galaxy Gaming
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. Galaxy Gaming, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada. Galaxy Gaming operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 36 people.
Galaxy Gaming OTC Stock Technical Analysis
Galaxy Gaming technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Galaxy Gaming Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Galaxy Gaming cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Galaxy Gaming December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Galaxy Gaming otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Galaxy Gaming shares will generate the highest return on investment. By undertsting and applying Galaxy Gaming otc stock market strength indicators, traders can identify Galaxy Gaming entry and exit signals to maximize returns
Galaxy Gaming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Galaxy Gaming's price direction in advance. Along with the technical and fundamental analysis of Galaxy OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Galaxy 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 | 0.0256 | |||
Jensen Alpha | 0.0186 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | 0.7349 |
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Additional Tools for Galaxy OTC Stock Analysis
When running Galaxy Gaming's price analysis, check to measure Galaxy Gaming'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 Galaxy Gaming is operating at the current time. Most of Galaxy Gaming's value examination focuses on studying past and present price action to predict the probability of Galaxy Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Gaming's price. Additionally, you may evaluate how the addition of Galaxy Gaming to your portfolios can decrease your overall portfolio volatility.