Global Tech Industries Stock Volatility
| GTII Stock | USD 0.03 0.02 100.67% |
Global Tech is out of control given 3 months investment horizon. Global Tech Industries holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 38.76% are justified by taking the suggested risk. Use Global Tech Industries Market Risk Adjusted Performance of 0.9269, risk adjusted performance of 0.1362, and Downside Deviation of 55.38 to evaluate company specific risk that cannot be diversified away. Key indicators related to Global Tech's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Global Tech Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Global daily returns, and it is calculated using variance and standard deviation. We also use Global's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Global Tech volatility.
Global |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Global Tech at lower prices. For example, an investor can purchase Global stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Global Tech Market Sensitivity And Downside Risk
Global Tech's beta coefficient measures the volatility of Global pink sheet compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Global pink sheet's returns against your selected market. In other words, Global Tech's beta of 97.08 provides an investor with an approximation of how much risk Global Tech pink sheet can potentially add to one of your existing portfolios. Global Tech Industries is showing large volatility of returns over the selected time horizon. Global Tech Industries is a penny stock. Although Global Tech may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Global Tech Industries. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Global instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Global Tech Industries Demand TrendCheck current 90 days Global Tech correlation with market (Dow Jones Industrial)Global Beta |
Global standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 150.87 |
It is essential to understand the difference between upside risk (as represented by Global Tech's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Global Tech's daily returns or price. Since the actual investment returns on holding a position in global pink sheet tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Global Tech.
Global Tech Industries Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Global Tech pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Global Tech's price changes. Investors will then calculate the volatility of Global Tech's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Global Tech's volatility:
Historical Volatility
This type of pink sheet volatility measures Global Tech's fluctuations based on previous trends. It's commonly used to predict Global Tech's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Global Tech's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Global Tech's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Global Tech Industries Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Global Tech Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 97.079 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Global Tech will likely underperform.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Global Tech or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Global Tech's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Global pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Global Tech Industries has an alpha of 76.622, implying that it can generate a 76.62 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Global Tech Price Volatility?
Several factors can influence a pink sheet's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Global Tech Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Global Tech is 389.21. The daily returns are distributed with a variance of 22762.74 and standard deviation of 150.87. The mean deviation of Global Tech Industries is currently at 81.94. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 76.62 | |
β | Beta against Dow Jones | 97.08 | |
σ | Overall volatility | 150.87 | |
Ir | Information ratio | 0.16 |
Global Tech Pink Sheet Return Volatility
Global Tech historical daily return volatility represents how much of Global Tech pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 150.8733% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7502% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Global Tech Volatility
Volatility is a rate at which the price of Global Tech or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Global Tech may increase or decrease. In other words, similar to Global's beta indicator, it measures the risk of Global Tech and helps estimate the fluctuations that may happen in a short period of time. So if prices of Global Tech fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Global Tech Industries Group, Inc. operates an online cryptocurrency trading platform in the United States. Global Tech Industries Group, Inc. was incorporated in 1980 and is based in New York, New York. Global Tech operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 2 people.
Global Tech's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Global Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Global Tech's price varies over time.
3 ways to utilize Global Tech's volatility to invest better
Higher Global Tech's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Global Tech Industries stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Global Tech Industries stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Global Tech Industries investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Global Tech's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Global Tech's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Global Tech Investment Opportunity
Global Tech Industries has a volatility of 150.87 and is 201.16 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Global Tech. You can use Global Tech Industries to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Global Tech to be traded at $0.0376 in 90 days.Average diversification
The correlation between Global Tech Industries and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Global Tech Industries and DJI in the same portfolio, assuming nothing else is changed.
Global Tech Additional Risk Indicators
The analysis of Global Tech's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Global Tech's investment and either accepting that risk or mitigating it. Along with some common measures of Global Tech pink sheet's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1362 | |||
| Market Risk Adjusted Performance | 0.9269 | |||
| Mean Deviation | 156.34 | |||
| Semi Deviation | 41.89 | |||
| Downside Deviation | 55.38 | |||
| Coefficient Of Variation | 605.48 | |||
| Standard Deviation | 539.0 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Global Tech Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
| Microsoft vs. Global Tech | ||
| Dupont De vs. Global Tech | ||
| Alphabet vs. Global Tech | ||
| Visa vs. Global Tech | ||
| GM vs. Global Tech | ||
| Citigroup vs. Global Tech | ||
| Ford vs. Global Tech | ||
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Global Tech as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Global Tech's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Global Tech's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Global Tech Industries.
Complementary Tools for Global Pink Sheet analysis
When running Global Tech's price analysis, check to measure Global Tech'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 Global Tech is operating at the current time. Most of Global Tech's value examination focuses on studying past and present price action to predict the probability of Global Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Tech's price. Additionally, you may evaluate how the addition of Global Tech to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |