Us Global Investors Stock Market Value
| GROW Stock | USD 2.44 0.01 0.41% |
| Symbol | GROW |
US Global Investors Price To Book Ratio
Is Asset Management & Custody Banks 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 US Global. If investors know GROW 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 US Global 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 (0.56) | Dividend Share 0.09 | Earnings Share 0.12 | Revenue Per Share 0.715 | Quarterly Revenue Growth (0.31) |
The market value of US Global Investors is measured differently than its book value, which is the value of GROW that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.
US Global '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 US Global'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 US Global.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in US Global on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding US Global Investors or generate 0.0% return on investment in US Global over 180 days. US Global is related to or competes with Gladstone Investment, PennantPark Floating, Horizon Technology, Stellus Capital, Prospect Capital, Invesco High, and Invesco Pennsylvania. Global Investors, Inc. is a publicly owned investment manager More
US Global 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 US Global'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 US Global Investors upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.99 |
US Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Global's standard deviation. In reality, there are many statistical measures that can use US Global historical prices to predict the future US Global's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.14) |
US Global Investors Backtested Returns
US Global Investors retains Efficiency (Sharpe Ratio) of -0.0435, which indicates the firm had a -0.0435% return per unit of price deviation over the last 3 months. US Global exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate US Global's Standard Deviation of 1.15, risk adjusted performance of (0.04), and Mean Deviation of 0.8533 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, US Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Global is expected to be smaller as well. At this point, US Global Investors has a negative expected return of -0.0508%. Please make sure to validate US Global's total risk alpha, as well as the relationship between the kurtosis and price action indicator , to decide if US Global Investors performance from the past will be repeated at some future date.
Auto-correlation | -0.35 |
Poor reverse predictability
US Global Investors has poor reverse predictability. Overlapping area represents the amount of predictability between US Global time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 US Global Investors price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current US Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
US Global Investors lagged returns against current returns
Autocorrelation, which is US Global 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 US Global's stock expected returns. We can calculate the autocorrelation of US Global returns to help us make a trade decision. For example, suppose you find that US Global 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 |
US Global 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 US Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Global stock over time.
Current vs Lagged Prices |
| Timeline |
US Global Lagged Returns
When evaluating US Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Global stock have on its future price. US Global 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, US Global autocorrelation shows the relationship between US Global stock current value and its past values and can show if there is a momentum factor associated with investing in US Global Investors.
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 GROW Stock Analysis
When running US Global's price analysis, check to measure US Global'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 US Global is operating at the current time. Most of US Global's value examination focuses on studying past and present price action to predict the probability of US Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Global's price. Additionally, you may evaluate how the addition of US Global to your portfolios can decrease your overall portfolio volatility.