Global Develpmts Stock Market Value
| GDVM Stock | USD 0.01 0.0008 6.90% |
| Symbol | Global |
Global Develpmts '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 Develpmts' 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 Develpmts.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Global Develpmts on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Global Develpmts or generate 0.0% return on investment in Global Develpmts over 30 days. Global Develpmts is related to or competes with Widepoint, Data Storage, Usio, Soluna Holdings, and 9F. It is a principal investment firm specializing in acquisitions and early stage financing of emerging growth companies More
Global Develpmts 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 Develpmts' 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 Develpmts upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 44.56 | |||
| Value At Risk | (12.20) | |||
| Potential Upside | 13.28 |
Global Develpmts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Develpmts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Develpmts' standard deviation. In reality, there are many statistical measures that can use Global Develpmts historical prices to predict the future Global Develpmts' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.98) | |||
| Treynor Ratio | 2.2 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Develpmts' 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 Develpmts Backtested Returns
Global Develpmts holds Efficiency (Sharpe) Ratio of -0.0773, which attests that the entity had a -0.0773% return per unit of risk over the last 3 months. Global Develpmts exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Develpmts' Risk Adjusted Performance of (0.04), standard deviation of 8.63, and Market Risk Adjusted Performance of 2.21 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Develpmts are expected to decrease at a much lower rate. During the bear market, Global Develpmts is likely to outperform the market. At this point, Global Develpmts has a negative expected return of -0.67%. Please make sure to check out Global Develpmts' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Global Develpmts performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Global Develpmts has modest reverse predictability. Overlapping area represents the amount of predictability between Global Develpmts time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Develpmts price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Global Develpmts price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Develpmts lagged returns against current returns
Autocorrelation, which is Global Develpmts 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 Develpmts' pink sheet expected returns. We can calculate the autocorrelation of Global Develpmts returns to help us make a trade decision. For example, suppose you find that Global Develpmts 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 Develpmts 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 Develpmts pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Develpmts 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 Develpmts pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Global Develpmts Lagged Returns
When evaluating Global Develpmts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Develpmts pink sheet have on its future price. Global Develpmts 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 Develpmts autocorrelation shows the relationship between Global Develpmts pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Global Develpmts.
Regressed Prices |
| Timeline |
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Global Develpmts 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 Develpmts security.