Global Entertainment Holdings Stock Market Value
| GBHL Stock | USD 0.0001 0.0002 66.67% |
| Symbol | Global |
Global Entertainment '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 Global Entertainment's pink sheet 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 Global Entertainment.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Global Entertainment on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Global Entertainment Holdings or generate 0.0% return on investment in Global Entertainment over 90 days. Global Entertainment is related to or competes with Roku, Color Star, LiveOne, Cineverse Corp, AMC Entertainment, and Manchester United. Global Entertainment Holdings, Inc. operates an independent entertainment content production and distribution company th... More
Global Entertainment 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 Global Entertainment's pink sheet 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 Global Entertainment Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0737 | |||
| Maximum Drawdown | 266.67 |
Global Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Entertainment's standard deviation. In reality, there are many statistical measures that can use Global Entertainment historical prices to predict the future Global Entertainment's volatility.| Risk Adjusted Performance | 0.0659 | |||
| Jensen Alpha | 2.11 | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (1.76) |
Global Entertainment Backtested Returns
Global Entertainment is out of control given 3 months investment horizon. Global Entertainment holds Efficiency (Sharpe) Ratio of 0.0781, which attests that the entity had a 0.0781% return per unit of risk over the last 3 months. We have analyze and collected data for nineteen different technical indicators, which can help you to evaluate if expected returns of 2.05% are justified by taking the suggested risk. Use Global Entertainment Holdings Risk Adjusted Performance of 0.0659, standard deviation of 26.07, and Market Risk Adjusted Performance of (1.75) to evaluate company specific risk that cannot be diversified away. Global Entertainment holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.14, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Global Entertainment are expected to decrease slowly. On the other hand, during market turmoil, Global Entertainment is expected to outperform it slightly. Use Global Entertainment Holdings information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Global Entertainment Holdings.
Auto-correlation | 0.00 |
No correlation between past and present
Global Entertainment Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Global Entertainment time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th of December 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 Global Entertainment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Global Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Entertainment lagged returns against current returns
Autocorrelation, which is Global Entertainment pink sheet'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 Global Entertainment's pink sheet expected returns. We can calculate the autocorrelation of Global Entertainment returns to help us make a trade decision. For example, suppose you find that Global Entertainment has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Global Entertainment 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 Global Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Global Entertainment Lagged Returns
When evaluating Global Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Entertainment pink sheet have on its future price. Global Entertainment 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, Global Entertainment autocorrelation shows the relationship between Global Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Global Entertainment Holdings.
Regressed Prices |
| Timeline |
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Global Entertainment financial ratios help investors to determine whether Global Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Entertainment security.