Giga Tronics Stock Price on October 31, 2024
If you're considering investing in Giga Pink Sheet, it is important to understand the factors that can impact its price. Giga Tronics is out of control given 3 months investment horizon. Giga tronics holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for fourteen different technical indicators, which can help you to evaluate if expected returns of 15.09% are justified by taking the suggested risk. Use Giga tronics Market Risk Adjusted Performance of (9.86), standard deviation of 12.21, and Risk Adjusted Performance of (0.08) to evaluate company specific risk that cannot be diversified away.
Giga Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Giga |
Sharpe Ratio = 0.1084
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Estimated Market Risk
139.22 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Giga Tronics is performing at about 8% of its full potential. 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 Giga Tronics by adding it to a well-diversified portfolio.
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Giga Tronics Valuation on October 31, 2024
It is possible to determine the worth of Giga Tronics on a given historical date. On October 31, 2024 Giga was worth 0.0078 at the beginning of the trading date compared to the closed value of 0.0078. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Giga Tronics pink sheet. Still, in general, we apply an absolute valuation method to find Giga Tronics' 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 Giga Tronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Giga Tronics' related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
10/31/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
Backtest Giga Tronics | | | Giga Tronics History | | | Giga Tronics Valuation | Previous | Next |
Giga Tronics Trading Date Momentum on October 31, 2024
On November 01 2024 Giga tronics was traded for 0.01 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on November 1, 2024 did not cause price change. The overall trading delta against the current closing price is 0.00% . |
Giga tronics Fundamentals Correlations and Trends
By evaluating Giga Tronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Giga Tronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Giga financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Giga Tronics Pink Sheet history
Giga Tronics 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 Giga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Giga tronics 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 Giga Tronics stock prices may prove useful in developing a viable investing in Giga Tronics
Gresham Worldwide, Inc. designs and develops ultra-reliable bespoke technology for the defense, medical, and telecommunications sectors. Gresham Worldwide, Inc. operates as a subsidiary of BitNile Holdings, Inc. Giga Tronics is traded on OTC Exchange in the United States.
Giga Tronics Pink Sheet Technical Analysis
Giga Tronics technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Giga Tronics Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Giga tronics cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Giga Tronics January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Giga Tronics pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Giga Tronics shares will generate the highest return on investment. By undertsting and applying Giga Tronics pink sheet market strength indicators, traders can identify Giga tronics entry and exit signals to maximize returns
Giga Tronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Giga Tronics' price direction in advance. Along with the technical and fundamental analysis of Giga Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Giga 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 | (0.08) | |||
Jensen Alpha | (1.30) | |||
Total Risk Alpha | (1.59) | |||
Treynor Ratio | (9.87) |
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Volume Indicators |
Complementary Tools for Giga Pink Sheet analysis
When running Giga Tronics' price analysis, check to measure Giga Tronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Giga Tronics is operating at the current time. Most of Giga Tronics' value examination focuses on studying past and present price action to predict the probability of Giga Tronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Tronics' price. Additionally, you may evaluate how the addition of Giga Tronics to your portfolios can decrease your overall portfolio volatility.
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