Global Historical Financial Ratios
| GBBKR Stock | USD 0.12 0.01 9.09% |
Global Blockchain is recently reporting on over 52 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 7.87 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Global Blockchain financial condition quickly.
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About Global Financial Ratios Analysis
Global BlockchainFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Global Blockchain investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Global financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Global Blockchain history.
Global Blockchain Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Global Blockchain's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Global Blockchain current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
| 2010 | 2022 | 2023 | 2024 (projected) | Company Equity Multiplier | 31.99 | 1.0 | 1.09 | 1.04 | Effective Tax Rate | 0.001333 | 0.28 | 0.26 | 0.14 |
Global Blockchain fundamentals Correlations
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Global Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Global Blockchain
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Blockchain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Blockchain will appreciate offsetting losses from the drop in the long position's value.Moving against Global Stock
| 0.41 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.4 | MCHP | Microchip Technology | PairCorr |
| 0.38 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.33 | LGMK | LogicMark | PairCorr |
| 0.31 | TER | Teradyne | PairCorr |
The ability to find closely correlated positions to Global Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Blockchain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Blockchain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Blockchain Acquisition to buy it.
The correlation of Global Blockchain is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Blockchain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Blockchain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Global Stock Analysis
When running Global Blockchain's price analysis, check to measure Global Blockchain'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 Global Blockchain is operating at the current time. Most of Global Blockchain's value examination focuses on studying past and present price action to predict the probability of Global Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Blockchain's price. Additionally, you may evaluate how the addition of Global Blockchain to your portfolios can decrease your overall portfolio volatility.