Global Tech Industries Stock Performance
| GTII Stock | USD 0.03 0.02 100.67% |
Global Tech holds a performance score of 20 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 97.08, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Global Tech will likely underperform. Use Global Tech Industries treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Global Tech Industries.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Global Tech Industries are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite fairly abnormal forward indicators, Global Tech demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2479.00 | |
| Total Cashflows From Investing Activities | 166.1 K |
Global |
Global Tech Relative Risk vs. Return Landscape
If you would invest 3.00 in Global Tech Industries on September 1, 2024 and sell it today you would earn a total of 0.01 from holding Global Tech Industries or generate 0.33% return on investment over 90 days. Global Tech Industries is currently generating 38.7637% in daily expected returns and assumes 150.8733% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Global, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Global Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Tech's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Global Tech Industries, and traders can use it to determine the average amount a Global Tech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2569
| Best Portfolio | Best Equity | GTII | ||
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Estimated Market Risk
| 150.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Global Tech is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Tech by adding it to a well-diversified portfolio.
Global Tech Fundamentals Growth
Global Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Global Tech, and Global Tech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Global Pink Sheet performance.
| Return On Equity | -2.67 | |||
| Return On Asset | -0.33 | |||
| Operating Margin | (173.82) % | |||
| Current Valuation | 187.25 M | |||
| Shares Outstanding | 259.5 M | |||
| Price To Earning | (0.19) X | |||
| Price To Book | 26.69 X | |||
| Price To Sales | 6,132 X | |||
| Revenue | 24.12 K | |||
| EBITDA | (6 M) | |||
| Cash And Equivalents | 338.94 K | |||
| Total Debt | 147.01 K | |||
| Debt To Equity | 0.86 % | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (655.62 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 8.42 M | |||
About Global Tech Performance
By evaluating Global Tech's fundamental ratios, stakeholders can gain valuable insights into Global Tech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global Tech has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global Tech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Global Tech Industries Group, Inc. operates an online cryptocurrency trading platform in the United States. Global Tech Industries Group, Inc. was incorporated in 1980 and is based in New York, New York. Global Tech operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Global Tech Industries performance evaluation
Checking the ongoing alerts about Global Tech for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Global Tech Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Tech is way too risky over 90 days horizon | |
| Global Tech has some characteristics of a very speculative penny stock | |
| Global Tech appears to be risky and price may revert if volatility continues | |
| Global Tech Industries currently holds 147.01 K in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Global Tech Industries has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Global Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Tech Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Tech's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 24.12 K. Net Loss for the year was (6.06 M) with profit before overhead, payroll, taxes, and interest of 19.09 K. | |
| Global Tech Industries currently holds about 338.94 K in cash with (655.62 K) of positive cash flow from operations. | |
| Roughly 24.0% of Global Tech shares are held by company insiders |
- Analyzing Global Tech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Global Tech's stock is overvalued or undervalued compared to its peers.
- Examining Global Tech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Global Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Global Tech's pink sheet. These opinions can provide insight into Global Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Global Pink Sheet analysis
When running Global Tech's price analysis, check to measure Global Tech'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 Global Tech is operating at the current time. Most of Global Tech's value examination focuses on studying past and present price action to predict the probability of Global Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Tech's price. Additionally, you may evaluate how the addition of Global Tech to your portfolios can decrease your overall portfolio volatility.
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