Global Pole Trusion Stock Market Value
| GPGC Stock | USD 0.40 0.00 0.00% |
| Symbol | Global |
Global Pole '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 Pole'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 Pole.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Global Pole on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Global Pole Trusion or generate 0.0% return on investment in Global Pole over 30 days. Global Pole is related to or competes with Polar Power, Microvast Holdings, Expion360, Chardan NexTech, and Eos Energy. Global Poletrusion Group Corp, together with its subsidiary, Los Santos Energy Corp provides electrical distributiontran... More
Global Pole 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 Pole'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 Pole Trusion upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1256 | |||
| Maximum Drawdown | 3923.08 | |||
| Potential Upside | 42.86 |
Global Pole Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Pole's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Pole's standard deviation. In reality, there are many statistical measures that can use Global Pole historical prices to predict the future Global Pole's volatility.| Risk Adjusted Performance | 0.1096 | |||
| Jensen Alpha | 61.72 | |||
| Total Risk Alpha | 46.3 | |||
| Treynor Ratio | (1.00) |
Global Pole Trusion Backtested Returns
Global Pole is out of control given 3 months investment horizon. Global Pole Trusion holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for seventeen different technical indicators, which can help you to evaluate if expected returns of 16.91% are justified by taking the suggested risk. Use Global Pole Trusion Standard Deviation of 480.03, market risk adjusted performance of (0.99), and Risk Adjusted Performance of 0.1096 to evaluate company specific risk that cannot be diversified away. Global Pole holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -60.17, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Global Pole are expected to decrease by larger amounts. On the other hand, during market turmoil, Global Pole is expected to outperform it. Use Global Pole Trusion information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to analyze future returns on Global Pole Trusion.
Auto-correlation | 1.00 |
Perfect predictability
Global Pole Trusion has perfect predictability. Overlapping area represents the amount of predictability between Global Pole time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Pole Trusion price movement. The serial correlation of 1.0 indicates that 100.0% of current Global Pole price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Pole Trusion lagged returns against current returns
Autocorrelation, which is Global Pole 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 Pole's pink sheet expected returns. We can calculate the autocorrelation of Global Pole returns to help us make a trade decision. For example, suppose you find that Global Pole 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 Pole 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 Pole pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Pole 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 Pole pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Global Pole Lagged Returns
When evaluating Global Pole's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Pole pink sheet have on its future price. Global Pole 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 Pole autocorrelation shows the relationship between Global Pole pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Global Pole Trusion.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Global Pink Sheet
Global Pole 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 Pole security.