Globavend Holdings Limited Stock Market Value
| GVH Stock | 0.72 0.03 4.35% |
| Symbol | Globavend |
Globavend Holdings Price To Book Ratio
Is Air Freight & Logistics 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 Globavend Holdings. If investors know Globavend 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 Globavend Holdings 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 0.831 | Earnings Share 0.1 | Revenue Per Share 1.282 | Quarterly Revenue Growth (0.11) | Return On Assets 0.244 |
The market value of Globavend Holdings is measured differently than its book value, which is the value of Globavend that is recorded on the company's balance sheet. Investors also form their own opinion of Globavend Holdings' value that differs from its market value or its book value, called intrinsic value, which is Globavend Holdings' 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 Globavend Holdings' market value can be influenced by many factors that don't directly affect Globavend Holdings' 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 Globavend Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globavend Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globavend Holdings' 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.
Globavend Holdings '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 Globavend Holdings' 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 Globavend Holdings.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in Globavend Holdings on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding Globavend Holdings Limited or generate 0.0% return on investment in Globavend Holdings over 600 days. Globavend Holdings is related to or competes with Vera Bradley, Aris Water, Empresa Distribuidora, United Utilities, CenterPoint Energy, Citi Trends, and Boot Barn. Globavend Holdings is entity of United States More
Globavend Holdings 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 Globavend Holdings' 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 Globavend Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.16 | |||
| Information Ratio | 0.0692 | |||
| Maximum Drawdown | 52.58 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 14.29 |
Globavend Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globavend Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Globavend Holdings' standard deviation. In reality, there are many statistical measures that can use Globavend Holdings historical prices to predict the future Globavend Holdings' volatility.| Risk Adjusted Performance | 0.0735 | |||
| Jensen Alpha | 0.7218 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.095 | |||
| Treynor Ratio | (0.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globavend Holdings' 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.
Globavend Holdings Backtested Returns
Globavend Holdings appears to be abnormally volatile, given 3 months investment horizon. Globavend Holdings holds Efficiency (Sharpe) Ratio of 0.0643, which attests that the entity had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Globavend Holdings, which you can use to evaluate the volatility of the firm. Please utilize Globavend Holdings' Market Risk Adjusted Performance of (0.44), downside deviation of 5.16, and Risk Adjusted Performance of 0.0735 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Globavend Holdings holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of -1.32, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Globavend Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Globavend Holdings is expected to outperform it. Please check Globavend Holdings' maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Globavend Holdings' current trending patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Globavend Holdings Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Globavend Holdings time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 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 Globavend Holdings price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Globavend Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Globavend Holdings lagged returns against current returns
Autocorrelation, which is Globavend Holdings 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 Globavend Holdings' stock expected returns. We can calculate the autocorrelation of Globavend Holdings returns to help us make a trade decision. For example, suppose you find that Globavend Holdings 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 |
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Globavend Holdings 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 Globavend Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Globavend Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Globavend Holdings stock over time.
Current vs Lagged Prices |
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Globavend Holdings Lagged Returns
When evaluating Globavend Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Globavend Holdings stock have on its future price. Globavend Holdings 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, Globavend Holdings autocorrelation shows the relationship between Globavend Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Globavend Holdings Limited.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Globavend Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globavend Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globavend Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globavend Holdings Limited Stock:Check out Globavend Holdings Correlation, Globavend Holdings Volatility and Globavend Holdings Alpha and Beta module to complement your research on Globavend Holdings. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Globavend Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.