Galaxy Gaming Stock Market Value

GLXZ Stock  USD 2.86  0.02  0.69%   
Galaxy Gaming's market value is the price at which a share of Galaxy Gaming trades on a public exchange. It measures the collective expectations of Galaxy Gaming investors about its performance. Galaxy Gaming is trading at 2.86 as of the 16th of March 2025; that is 0.69 percent decrease since the beginning of the trading day. The stock's open price was 2.88.
With this module, you can estimate the performance of a buy and hold strategy of Galaxy Gaming and determine expected loss or profit from investing in Galaxy Gaming over a given investment horizon. Check out Galaxy Gaming Correlation, Galaxy Gaming Volatility and Galaxy Gaming Alpha and Beta module to complement your research on Galaxy Gaming.
Symbol

Please note, there is a significant difference between Galaxy Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Gaming'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.

Galaxy Gaming '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 Galaxy Gaming's otc stock 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 Galaxy Gaming.
0.00
01/15/2025
No Change 0.00  0.0 
In 2 months and 2 days
03/16/2025
0.00
If you would invest  0.00  in Galaxy Gaming on January 15, 2025 and sell it all today you would earn a total of 0.00 from holding Galaxy Gaming or generate 0.0% return on investment in Galaxy Gaming over 60 days. Galaxy Gaming is related to or competes with 888 Holdings. Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino ... More

Galaxy Gaming 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 Galaxy Gaming's otc stock 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 Galaxy Gaming upside and downside potential and time the market with a certain degree of confidence.

Galaxy Gaming Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Galaxy Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galaxy Gaming's standard deviation. In reality, there are many statistical measures that can use Galaxy Gaming historical prices to predict the future Galaxy Gaming's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Galaxy Gaming's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.062.863.66
Details
Intrinsic
Valuation
LowRealHigh
2.042.843.64
Details
Naive
Forecast
LowNextHigh
2.022.823.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.712.822.94
Details

Galaxy Gaming Backtested Returns

At this stage we consider Galaxy OTC Stock to be somewhat reliable. Galaxy Gaming holds Efficiency (Sharpe) Ratio of 0.0474, which attests that the entity had a 0.0474 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Galaxy Gaming, which you can use to evaluate the volatility of the firm. Please check out Galaxy Gaming's Market Risk Adjusted Performance of 0.5462, risk adjusted performance of 0.0641, and Downside Deviation of 0.9246 to validate if the risk estimate we provide is consistent with the expected return of 0.0379%. Galaxy Gaming has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0989, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Galaxy Gaming's returns are expected to increase less than the market. However, during the bear market, the loss of holding Galaxy Gaming is expected to be smaller as well. Galaxy Gaming right now retains a risk of 0.8%. Please check out Galaxy Gaming jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Galaxy Gaming will be following its current trending patterns.

Auto-correlation

    
  0.36  

Below average predictability

Galaxy Gaming has below average predictability. Overlapping area represents the amount of predictability between Galaxy Gaming time series from 15th of January 2025 to 14th of February 2025 and 14th of February 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Galaxy Gaming price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Galaxy Gaming price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.25
Residual Average0.0
Price Variance0.0

Galaxy Gaming lagged returns against current returns

Autocorrelation, which is Galaxy Gaming otc stock'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 Galaxy Gaming's otc stock expected returns. We can calculate the autocorrelation of Galaxy Gaming returns to help us make a trade decision. For example, suppose you find that Galaxy Gaming has exhibited high autocorrelation historically, and you observe that the otc stock 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  

Galaxy Gaming 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 Galaxy Gaming otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galaxy Gaming otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galaxy Gaming otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Galaxy Gaming Lagged Returns

When evaluating Galaxy Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galaxy Gaming otc stock have on its future price. Galaxy Gaming 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, Galaxy Gaming autocorrelation shows the relationship between Galaxy Gaming otc stock current value and its past values and can show if there is a momentum factor associated with investing in Galaxy Gaming.
   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.

Additional Tools for Galaxy OTC Stock Analysis

When running Galaxy Gaming's price analysis, check to measure Galaxy Gaming's 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 Galaxy Gaming is operating at the current time. Most of Galaxy Gaming's value examination focuses on studying past and present price action to predict the probability of Galaxy Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Gaming's price. Additionally, you may evaluate how the addition of Galaxy Gaming to your portfolios can decrease your overall portfolio volatility.