Global Energy Metals Stock Market Value
| GBLEF Stock | USD 0.01 0.0008 5.56% |
| Symbol | Global |
Global Energy '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 Energy's otc 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 Global Energy.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Global Energy on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Global Energy Metals or generate 0.0% return on investment in Global Energy over 30 days. Global Energy is related to or competes with Fireweed Zinc, Azimut Exploration, Macmahon Holdings, and NextSource Materials. Global Energy Metals Corporation engages in the exploration for resource properties in Canada, Australia, and the United... More
Global Energy 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 Energy's otc 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 Global Energy Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.77 | |||
| Information Ratio | 0.0229 | |||
| Maximum Drawdown | 62.52 | |||
| Value At Risk | (11.50) | |||
| Potential Upside | 16.2 |
Global Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Energy's standard deviation. In reality, there are many statistical measures that can use Global Energy historical prices to predict the future Global Energy's volatility.| Risk Adjusted Performance | 0.0347 | |||
| Jensen Alpha | 0.1634 | |||
| Total Risk Alpha | (0.98) | |||
| Sortino Ratio | 0.0153 | |||
| Treynor Ratio | 0.2129 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Energy's 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.
Global Energy Metals Backtested Returns
Global Energy appears to be out of control, given 3 months investment horizon. Global Energy Metals holds Efficiency (Sharpe) Ratio of 0.0356, which attests that the entity had a 0.0356% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Global Energy Metals, which you can use to evaluate the volatility of the firm. Please utilize Global Energy's Market Risk Adjusted Performance of 0.2229, downside deviation of 13.77, and Risk Adjusted Performance of 0.0347 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Global Energy holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 1.47, 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 Energy will likely underperform. Please check Global Energy's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Global Energy's current trending patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Global Energy Metals has insignificant reverse predictability. Overlapping area represents the amount of predictability between Global Energy time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Energy Metals price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Global Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Energy Metals lagged returns against current returns
Autocorrelation, which is Global Energy otc 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 Global Energy's otc stock expected returns. We can calculate the autocorrelation of Global Energy returns to help us make a trade decision. For example, suppose you find that Global Energy has exhibited high autocorrelation historically, and you observe that the otc 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 |
Global Energy 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 Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Energy Lagged Returns
When evaluating Global Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Energy otc stock have on its future price. Global Energy 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 Energy autocorrelation shows the relationship between Global Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Energy Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global OTC Stock
Global Energy financial ratios help investors to determine whether Global OTC Stock 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 Energy security.