Glory Ltd Adr Stock Market Value
| GLYYY Stock | USD 21.47 4.98 18.83% |
| Symbol | Glory |
Glory '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 Glory'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 Glory.
| 01/02/2025 |
| 12/28/2025 |
If you would invest 0.00 in Glory on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Glory Ltd ADR or generate 0.0% return on investment in Glory over 360 days. Glory is related to or competes with EnWave, BIOREM, CHAR Technologies, and Maritime Launch. Glory Ltd. develops and manufactures cash handling machines and systems More
Glory 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 Glory'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 Glory Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 16.26 |
Glory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glory's standard deviation. In reality, there are many statistical measures that can use Glory historical prices to predict the future Glory's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (1.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Glory'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.
Glory Ltd ADR Backtested Returns
Glory Ltd ADR holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of risk over the last 3 months. Glory Ltd ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Glory's Risk Adjusted Performance of (0.09), market risk adjusted performance of (1.83), and Standard Deviation of 2.01 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Glory's returns are expected to increase less than the market. However, during the bear market, the loss of holding Glory is expected to be smaller as well. At this point, Glory Ltd ADR has a negative expected return of -0.28%. Please make sure to check out Glory's daily balance of power, and the relationship between the treynor ratio and day typical price , to decide if Glory Ltd ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Glory Ltd ADR has good reverse predictability. Overlapping area represents the amount of predictability between Glory time series from 2nd of January 2025 to 1st of July 2025 and 1st of July 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Glory Ltd ADR price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Glory price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 4.02 |
Glory Ltd ADR lagged returns against current returns
Autocorrelation, which is Glory 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 Glory's pink sheet expected returns. We can calculate the autocorrelation of Glory returns to help us make a trade decision. For example, suppose you find that Glory 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 |
Glory 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 Glory pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glory pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glory pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Glory Lagged Returns
When evaluating Glory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glory pink sheet have on its future price. Glory 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, Glory autocorrelation shows the relationship between Glory pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Glory Ltd ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Glory Pink Sheet Analysis
When running Glory's price analysis, check to measure Glory'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 Glory is operating at the current time. Most of Glory's value examination focuses on studying past and present price action to predict the probability of Glory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory's price. Additionally, you may evaluate how the addition of Glory to your portfolios can decrease your overall portfolio volatility.