Global Blockchain Acquisition Stock Price on April 3, 2024
| GBBK Stock | USD 11.05 0.19 1.69% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Blockchain stands at 11.05, as last reported on the 26th of December, with the highest price reaching 11.24 and the lowest price hitting 11.03 during the day. As of now, Global Stock is very steady. Global Blockchain holds Efficiency (Sharpe) Ratio of 0.0053, which attests that the entity had a 0.0053% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global Blockchain, which you can use to evaluate the volatility of the firm. Please check out Global Blockchain's Downside Deviation of 1.0, risk adjusted performance of 0.0443, and Market Risk Adjusted Performance of 0.6285 to validate if the risk estimate we provide is consistent with the expected return of 0.0027%.
Common Stock Shares Outstanding is expected to rise to about 22.2 M this year, although the value of Total Stockholder Equity will most likely fall to about 23.3 M. . At this time, Global Blockchain's Price Earnings Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0.36 this year, although Price Book Value Ratio will most likely fall to 7.87. Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.0053
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Blockchain is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Blockchain by adding Global Blockchain to a well-diversified portfolio.
Price Book 10.82 | Book Value (0.22) | Enterprise Value 61.2 M | Enterprise Value Ebitda (61.21) | Shares Float 862.4 K |
Global Blockchain Valuation on April 3, 2024
It is possible to determine the worth of Global Blockchain on a given historical date. On April 3, 2024 Global was worth 10.78 at the beginning of the trading date compared to the closed value of 10.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Blockchain stock. Still, in general, we apply an absolute valuation method to find Global Blockchain's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Blockchain's related companies.
| Open | High | Low | Close | Volume | |
| 10.78 | 10.78 | 10.78 | 10.78 | 1.00 | |
04/03/2024 | 10.78 | 10.78 | 10.78 | 10.78 | 108.00 |
| 10.79 | 10.80 | 10.79 | 10.80 | 1,386 |
| Backtest Global Blockchain | | | Global Blockchain History | | | Global Blockchain Valuation | Previous | Next |
Global Blockchain Trading Date Momentum on April 3, 2024
| On April 04 2024 Global Blockchain Acquisition was traded for 10.80 at the closing time. The top price for the day was 10.80 and the lowest listed price was 10.79 . The trading volume for the day was 1.4 K. The trading history from April 4, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.19% . The overall trading delta against the current closing price is 0.00% . |
Global Blockchain Fundamentals Correlations and Trends
By evaluating Global Blockchain's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Blockchain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Blockchain Stock history
Global Blockchain investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Blockchain will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Blockchain stock prices may prove useful in developing a viable investing in Global Blockchain
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.3 M | 22.2 M | |
| Net Income Applicable To Common Shares | 1.4 M | 1.5 M |
Global Blockchain Stock Technical Analysis
Global Blockchain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Global Blockchain Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Global Blockchain Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global Blockchain December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Blockchain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Blockchain shares will generate the highest return on investment. By undertsting and applying Global Blockchain stock market strength indicators, traders can identify Global Blockchain Acquisition entry and exit signals to maximize returns
Global Blockchain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Blockchain's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | 0.0185 | |||
| Total Risk Alpha | (0.0002) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.6185 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Blockchain. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share (0.03) | Return On Assets (0.01) | Return On Equity 0.4809 |
The market value of Global Blockchain is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Global Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Blockchain's market value can be influenced by many factors that don't directly affect Global Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.