Glory Star New Stock Market Value
| GSMGW Stock | USD 0 0.0001 6.67% |
| Symbol | Glory |
Glory Star New Price To Book Ratio
Is Movies & Entertainment 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 Glory Star. If investors know Glory 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 Glory Star 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 0.059 | Earnings Share 0.54 | Revenue Per Share 15.731 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0672 |
The market value of Glory Star New is measured differently than its book value, which is the value of Glory that is recorded on the company's balance sheet. Investors also form their own opinion of Glory Star's value that differs from its market value or its book value, called intrinsic value, which is Glory Star'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 Glory Star's market value can be influenced by many factors that don't directly affect Glory Star'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 Glory Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glory Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glory Star'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.
Glory Star '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 Glory Star's 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 Glory Star.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Glory Star on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Glory Star New or generate 0.0% return on investment in Glory Star over 30 days. Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production ser... More
Glory Star 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 Glory Star's 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 Glory Star New upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.06 | |||
| Information Ratio | 0.0121 | |||
| Maximum Drawdown | 105.0 | |||
| Value At Risk | (23.08) | |||
| Potential Upside | 36.36 |
Glory Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glory Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glory Star's standard deviation. In reality, there are many statistical measures that can use Glory Star historical prices to predict the future Glory Star's volatility.| Risk Adjusted Performance | 0.0241 | |||
| Jensen Alpha | 0.7172 | |||
| Total Risk Alpha | (2.95) | |||
| Sortino Ratio | 0.0141 | |||
| Treynor Ratio | (0.13) |
Glory Star New Backtested Returns
Glory Star is out of control given 3 months investment horizon. Glory Star New holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 19.31% are justified by taking the suggested risk. Use Glory Star New Risk Adjusted Performance of 0.0241, downside deviation of 17.06, and Market Risk Adjusted Performance of (0.12) to evaluate company specific risk that cannot be diversified away. Glory Star holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.74, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Glory Star are expected to decrease by larger amounts. On the other hand, during market turmoil, Glory Star is expected to outperform it. Use Glory Star New value at risk, as well as the relationship between the kurtosis and period momentum indicator , to analyze future returns on Glory Star New.
Auto-correlation | 0.10 |
Insignificant predictability
Glory Star New has insignificant predictability. Overlapping area represents the amount of predictability between Glory Star time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Glory Star New price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Glory Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Glory Star New lagged returns against current returns
Autocorrelation, which is Glory Star 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 Glory Star's stock expected returns. We can calculate the autocorrelation of Glory Star returns to help us make a trade decision. For example, suppose you find that Glory Star has exhibited high autocorrelation historically, and you observe that the 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 |
Glory Star 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 Glory Star stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glory Star stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glory Star stock over time.
Current vs Lagged Prices |
| Timeline |
Glory Star Lagged Returns
When evaluating Glory Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glory Star stock have on its future price. Glory Star 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, Glory Star autocorrelation shows the relationship between Glory Star stock current value and its past values and can show if there is a momentum factor associated with investing in Glory Star New.
Regressed Prices |
| Timeline |
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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 Glory Stock Analysis
When running Glory Star's price analysis, check to measure Glory Star'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 Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.