Global Digital Soltn Stock Market Value
| GDSI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Global |
Global Digital '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 Digital's pink sheet 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 Digital.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Global Digital on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Global Digital Soltn or generate 0.0% return on investment in Global Digital over 540 days. Global Digital is related to or competes with Vow ASA, and TOMI Environmental. Global Digital Solutions, Inc., together with its subsidiaries, focuses on providing security and technology solutions More
Global Digital 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 Digital's pink sheet 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 Digital Soltn upside and downside potential and time the market with a certain degree of confidence.
Global Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Digital's standard deviation. In reality, there are many statistical measures that can use Global Digital historical prices to predict the future Global Digital's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Global Digital Soltn Backtested Returns
Global Digital Soltn holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We are able to interpolate and collect three different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Global Digital are completely uncorrelated.
Auto-correlation | 0.28 |
Poor predictability
Global Digital Soltn has poor predictability. Overlapping area represents the amount of predictability between Global Digital time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Digital Soltn price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Global Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Digital Soltn lagged returns against current returns
Autocorrelation, which is Global Digital pink sheet'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 Digital's pink sheet expected returns. We can calculate the autocorrelation of Global Digital returns to help us make a trade decision. For example, suppose you find that Global Digital has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Digital 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 Digital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Digital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Digital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Global Digital Lagged Returns
When evaluating Global Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Digital pink sheet have on its future price. Global Digital 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 Digital autocorrelation shows the relationship between Global Digital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Global Digital Soltn.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global Pink Sheet
Global Digital financial ratios help investors to determine whether Global Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Digital security.