Global Blockchain Acquisition Stock Market Value
| GBBKR Stock | USD 0.11 0.01 10.00% |
| Symbol | Global |
Global Blockchain Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Global Blockchain. If investors know Global 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 Global Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Return On Assets (0.01) | Return On Equity 0.4809 |
The market value of Global Blockchain is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Global Blockchain'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 Global Blockchain's market value can be influenced by many factors that don't directly affect Global Blockchain'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 Global Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Blockchain'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.
Global Blockchain 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Global Blockchain's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Global Blockchain.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Global Blockchain on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Global Blockchain Acquisition or generate 0.0% return on investment in Global Blockchain over 30 days. Global Blockchain is related to or competes with Goldenstone Acquisition, and Globalink Investment. Global Blockchain is entity of United States More
Global Blockchain Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Global Blockchain's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Global Blockchain Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.97 | |||
| Information Ratio | 0.0903 | |||
| Maximum Drawdown | 114.53 | |||
| Value At Risk | (20.25) | |||
| Potential Upside | 17.4 |
Global Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Blockchain's standard deviation. In reality, there are many statistical measures that can use Global Blockchain historical prices to predict the future Global Blockchain's volatility.| Risk Adjusted Performance | 0.0851 | |||
| Jensen Alpha | 1.59 | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | 0.1022 | |||
| Treynor Ratio | (4.35) |
Global Blockchain Backtested Returns
Global Blockchain is out of control given 3 months investment horizon. Global Blockchain holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 43.88% are justified by taking the suggested risk. Use Global Blockchain Acquisition Market Risk Adjusted Performance of (4.34), risk adjusted performance of 0.0851, and Downside Deviation of 13.97 to evaluate company specific risk that cannot be diversified away. Global Blockchain holds a performance score of 16 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Global Blockchain are expected to decrease at a much lower rate. During the bear market, Global Blockchain is likely to outperform the market. Use Global Blockchain Acquisition maximum drawdown and the relationship between the expected short fall and period momentum indicator , to analyze future returns on Global Blockchain Acquisition.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Global Blockchain Acquisition has insignificant reverse predictability. Overlapping area represents the amount of predictability between Global Blockchain time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Blockchain price movement. The serial correlation of -0.16 indicates that over 16.0% of current Global Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Blockchain lagged returns against current returns
Autocorrelation, which is Global Blockchain stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Global Blockchain's stock expected returns. We can calculate the autocorrelation of Global Blockchain returns to help us make a trade decision. For example, suppose you find that Global Blockchain has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Global Blockchain regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Global Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Blockchain stock over time.
Current vs Lagged Prices |
| Timeline |
Global Blockchain Lagged Returns
When evaluating Global Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Blockchain stock have on its future price. Global Blockchain autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Global Blockchain autocorrelation shows the relationship between Global Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Global Blockchain Acquisition.
Regressed Prices |
| Timeline |
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
| 0.31 | KO | Coca Cola Aggressive Push | 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.