Global Atomic Corp Stock Market Value
| GLATF Stock | USD 0.78 0.03 4.00% |
| Symbol | Global |
Global Atomic '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 Atomic'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 Atomic.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Global Atomic on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Global Atomic Corp or generate 0.0% return on investment in Global Atomic over 30 days. Global Atomic is related to or competes with NGEx Minerals, Boss Resources, Lotus Resources, CanAlaska Uranium, Forsys Metals, and Skyharbour Resources. Global Atomic Corporation engages in the acquisition, exploration, and development of uranium properties in Niger More
Global Atomic 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 Atomic'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 Atomic Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 32.41 | |||
| Value At Risk | (4.81) | |||
| Potential Upside | 8.08 |
Global Atomic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Atomic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Atomic's standard deviation. In reality, there are many statistical measures that can use Global Atomic historical prices to predict the future Global Atomic's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Atomic'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 Atomic Corp Backtested Returns
Global Atomic Corp holds Efficiency (Sharpe) Ratio of -0.0179, which attests that the entity had a -0.0179% return per unit of risk over the last 3 months. Global Atomic Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Atomic's Standard Deviation of 4.6, market risk adjusted performance of (0.20), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. Global Atomic returns are very sensitive to returns on the market. As the market goes up or down, Global Atomic is expected to follow. At this point, Global Atomic Corp has a negative expected return of -0.0808%. Please make sure to check out Global Atomic's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Global Atomic Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Global Atomic Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Global Atomic time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Atomic Corp price movement. The serial correlation of -0.46 indicates that about 46.0% of current Global Atomic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Atomic Corp lagged returns against current returns
Autocorrelation, which is Global Atomic 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 Atomic's otc stock expected returns. We can calculate the autocorrelation of Global Atomic returns to help us make a trade decision. For example, suppose you find that Global Atomic 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 Atomic 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 Atomic otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Atomic 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 Atomic otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Atomic Lagged Returns
When evaluating Global Atomic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Atomic otc stock have on its future price. Global Atomic 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 Atomic autocorrelation shows the relationship between Global Atomic otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Atomic Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global OTC Stock
Global Atomic 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 Atomic security.