Us Global Nanospace Stock Market Value
Us Global's market value is the price at which a share of Us Global trades on a public exchange. It measures the collective expectations of Us Global Nanospace investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Us Global Nanospace and determine expected loss or profit from investing in Us Global over a given investment horizon. Check out Us Global Correlation, Us Global Volatility and Us Global Alpha and Beta module to complement your research on Us Global.
| Symbol | USGA |
Is Specialty Chemicals 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 USGA 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.
Revenue Per Share 0.002 | Quarterly Revenue Growth 1.147 | Return On Assets (9.36) |
The market value of Us Global Nanospace is measured differently than its book value, which is the value of USGA 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.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Us Global on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Us Global Nanospace or generate 0.0% return on investment in Us Global over 720 days. Us Global is related to or competes with Plug Power, Bloom Energy, Microvast Holdings, Solid Power, CBAK Energy, FuelCell Energy, and Enovix Corp. US Global Nanospace, Inc., a research and development company, is engaged in identifying, developing, and commercializin... 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 Nanospace upside and downside potential and time the market with a certain degree of confidence.
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.Us Global Nanospace Backtested Returns
We have found zero technical indicators for Us Global, which you can use to evaluate the volatility of the company. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Us Global are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Us Global Nanospace has no correlation between past and present. Overlapping area represents the amount of predictability between Us Global time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Nanospace price movement. The serial correlation of 0.0 indicates that just 0.0% of current Us Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Us Global Nanospace 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 Nanospace.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Us Global Nanospace offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Us Global's 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 Us Global Nanospace Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Global Nanospace Stock:Check out Us Global Correlation, Us Global Volatility and Us Global Alpha and Beta module to complement your research on Us Global. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Us Global 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.