Galaxy Gaming Stock Price on November 24, 2023

GLXZ Stock  USD 2.77  0.05  1.84%   
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 2.77, as last reported on the 30th of November, with the highest price reaching 2.77 and the lowest price hitting 2.74 during the day. Galaxy Gaming holds Efficiency (Sharpe) Ratio of -0.0071, which attests that the entity had a -0.0071% return per unit of risk over the last 3 months. Galaxy Gaming exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Galaxy Gaming's Risk Adjusted Performance of (0.01), standard deviation of 0.9653, and Market Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
  
Galaxy OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0071

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Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Galaxy Gaming 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 Galaxy Gaming by adding Galaxy Gaming to a well-diversified portfolio.

Galaxy Gaming Valuation on November 24, 2023

It is possible to determine the worth of Galaxy Gaming on a given historical date. On November 24, 2023 Galaxy was worth 1.43 at the beginning of the trading date compared to the closed value of 1.43. 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
  1.54    1.60    1.43    1.43    100,700  
11/24/2023
  1.43    1.47    1.40    1.43    46,000  
  1.42    1.55    1.42    1.43    22,300  
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Open Value
1.43
1.43
Closing Value
4.32
Upside

Galaxy Gaming Trading Date Momentum on November 24, 2023

On November 27 2023 Galaxy Gaming was traded for  1.43  at the closing time. The top price for the day was 1.55  and the lowest listed price was  1.42 . The trading volume for the day was 22.3 K. The trading history from November 27, 2023 did not cause price change. The overall trading delta against the current closing price is 8.39% .

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

Galaxy Gaming Period Price Range

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Galaxy Gaming November 30, 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.

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.