Global Technology Short Ratio vs. Beta
| GTACUDelisted Stock | USD 11.47 0.00 0.00% |
For Global Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Technology Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Technology Acquisition over time as well as its relative position and ranking within its peers.
Global |
Global Technology Beta vs. Short Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Technology's current stock value. Our valuation model uses many indicators to compare Global Technology value to that of its competitors to determine the firm's financial worth. Global Technology Acquisition is one of the top stocks in short ratio category among its peers. It also is one of the top stocks in beta category among its peers totaling about 0.12 of Beta per Short Ratio. The ratio of Short Ratio to Beta for Global Technology Acquisition is roughly 8.51 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Global Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Global Beta vs. Short Ratio
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Global Technology |
| = | 0.74 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Global Technology |
| = | 0.087 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Global Beta Comparison
Global Technology is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Global Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Technology is expected to be smaller as well.
Global Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Technology will eventually generate negative long term returns. The profitability progress is the general direction of Global Technology's change in net profit over the period of time. It can combine multiple indicators of Global Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York. Global Technology operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Global Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Global Technology's important profitability drivers and their relationship over time.
Use Global Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Technology will appreciate offsetting losses from the drop in the long position's value.Global Technology Pair Trading
Global Technology Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Global Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Technology Acquisition to buy it.
The correlation of Global Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Global Technology position
In addition to having Global Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Global Stock
If you are still planning to invest in Global Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Global Technology's history and understand the potential risks before investing.
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