Global Tech Industries Stock Probability of Future Pink Sheet Price Finishing Over 0.03
| GTII Stock | USD 0.05 0.01 31.75% |
Global |
Global Tech Target Price Odds to finish over 0.03
The tendency of Global Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 0.03 in 90 days |
| 0.05 | 90 days | 0.03 | about 60.61 |
Based on a normal probability distribution, the odds of Global Tech to stay above $ 0.03 in 90 days from now is about 60.61 (This Global Tech Industries probability density function shows the probability of Global Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Global Tech Industries price to stay between $ 0.03 and its current price of $0.0527 at the end of the 90-day period is about 37.91 .
Given the investment horizon of 90 days Global Tech Industries has a beta of -16.45. This usually indicates as returns on its benchmark rise, returns on holding Global Tech Industries are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Global Tech is expected to outperform its benchmark. In addition to that Global Tech Industries has an alpha of 11.1492, implying that it can generate a 11.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global Tech Price Density |
| Price |
Predictive Modules for Global Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Tech Industries. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Global Tech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Tech is not an exception. The market had few large corrections towards the Global Tech's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Global Tech Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Tech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 11.15 | |
β | Beta against Dow Jones | -16.45 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.22 |
Global Tech Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Global Tech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Tech Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Tech is way too risky over 90 days horizon | |
| Global Tech has some characteristics of a very speculative penny stock | |
| Global Tech appears to be risky and price may revert if volatility continues | |
| Global Tech Industries currently holds 147.01 K in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Global Tech Industries has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Global Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Tech Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Tech's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 24.12 K. Net Loss for the year was (6.06 M) with profit before overhead, payroll, taxes, and interest of 19.09 K. | |
| Global Tech Industries currently holds about 338.94 K in cash with (655.62 K) of positive cash flow from operations. | |
| Roughly 24.0% of Global Tech shares are held by company insiders |
Global Tech Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Global Pink Sheet often depends not only on the future outlook of the current and potential Global Tech's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Global Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 239.8 M | |
| Cash And Short Term Investments | 522.1 K |
Global Tech Technical Analysis
Global Tech's future price can be derived by breaking down and analyzing its technical indicators over time. Global Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Tech Industries. In general, you should focus on analyzing Global Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Global Tech Predictive Forecast Models
Global Tech's time-series forecasting models is one of many Global Tech's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Global Tech's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Global Tech Industries
Checking the ongoing alerts about Global Tech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Tech Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Tech is way too risky over 90 days horizon | |
| Global Tech has some characteristics of a very speculative penny stock | |
| Global Tech appears to be risky and price may revert if volatility continues | |
| Global Tech Industries currently holds 147.01 K in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. Global Tech Industries has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Tech until it has trouble settling it off, either with new capital or with free cash flow. So, Global Tech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Tech Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Tech's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 24.12 K. Net Loss for the year was (6.06 M) with profit before overhead, payroll, taxes, and interest of 19.09 K. | |
| Global Tech Industries currently holds about 338.94 K in cash with (655.62 K) of positive cash flow from operations. | |
| Roughly 24.0% of Global Tech shares are held by company insiders |
Other Information on Investing in Global Pink Sheet
Global Tech 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 Tech security.