Global Blockchain Acquisition Stock Price on June 18, 2024

GBBK Stock  USD 11.03  0.00  0.00%   
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 11.03, as last reported on the 22nd of December, with the highest price reaching 11.03 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 0.002, which attests that the entity had a 0.002% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Global Blockchain, which you can use to evaluate the volatility of the firm. Please check out Global Blockchain's Risk Adjusted Performance of (0.01), market risk adjusted performance of 1.02, and Downside Deviation of 1.0 to validate if the risk estimate we provide is consistent with the expected return of 8.0E-4%.
  
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.

Sharpe Ratio = 0.002

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Estimated Market Risk

 0.4
  actual daily
3
97% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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
10.6178
Book Value
(0.22)
Enterprise Value
61.3 M
Enterprise Value Ebitda
(61.21)
Shares Float
862.4 K

Global Blockchain Valuation on June 18, 2024

It is possible to determine the worth of Global Blockchain on a given historical date. On June 18, 2024 Global was worth 11.15 at the beginning of the trading date compared to the closed value of 11.15. 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
  11.00    11.00    11.00    11.00    25,016  
06/18/2024
  11.15    11.15    11.15    11.15    5,864  
  11.15    11.15    11.15    11.15    35.00  
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Open Value
11.15
11.15
Closing Value
12.34
Upside

Global Blockchain Trading Date Momentum on June 18, 2024

On June 20 2024 Global Blockchain Acquisition was traded for  11.15  at the closing time. The top price for the day was 11.15  and the lowest listed price was  11.15 . The trading volume for the day was 35.0. The trading history from June 20, 2024 did not cause price change. The overall trading delta against the current closing price is 1.35% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding19.3 M22.2 M
Net Income Applicable To Common Shares1.4 M1.5 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.
A focus of Global Blockchain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Blockchain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Global Blockchain Period Price Range

Low
December 22, 2024
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High

 0.00 

     

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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 22, 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.
When determining whether Global Blockchain is a strong investment it is important to analyze Global Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Blockchain's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.