Global Technology Acquisition Stock Today

Global Technology is selling for under 0.09 as of the 16th of April 2024; that is -9.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0825. Equity ratings for Global Technology Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
17th of December 2021
Classification
Financials
Valuation Profit Patterns
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Global Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Based on the key measurements obtained from Global Technology's financial statements, Global Technology Acquisition is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Global Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06620.1015
Way Down
Slightly volatile
Total Current Liabilities243.8 K347 K
Way Down
Very volatile
Non Current Liabilities Total7.1 M4.3 M
Way Up
Slightly volatile
Total Assets21.8 M23 M
Notably Down
Slightly volatile
Total Current Assets75 K79 K
Notably Down
Slightly volatile
Global Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Global Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Global Technology's financial leverage. It provides some insight into what part of Global Technology's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Global Technology's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Global Technology deploys its capital and how much of that capital is borrowed.
Global Technology Acquisition (GTACW) is traded on NASDAQ Exchange in USA. It is located in 19 W 24th Street, New York, NY, United States, 10010 and employs 5 people. Global Technology is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company classifies itself under Capital Markets sector and is part of Financials industry. Global Technology has 0 outstanding shares. Global Technology Acquisition has accumulated about 839 K in cash with (980 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Global Technology Probability Of Bankruptcy

Global Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Global Technology jumping above the current price in 90 days from now is about 1.69%. The Global Technology Acquisition probability density function shows the probability of Global Technology stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Global Technology Acquisition has a beta of -11.3013. This usually indicates as returns on its benchmark rise, returns on holding Global Technology Acquisition are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Global Technology is expected to outperform its benchmark. In addition to that, global Technology Acquisition has an alpha of 5.2321, implying that it can generate a 5.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.09HorizonTargetOdds Above 0.09
98.30%90 days
 0.09 
1.69%
Based on a normal probability distribution, the odds of Global Technology to move above the current price in 90 days from now is about 1.69 (This Global Technology Acquisition probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) .

Global Technology Historical Income Statement

Global Technology Acquisition Income Statement is one of the three primary financial statements used for reporting Global's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Global Technology revenue and expense. Global Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Global Stock Against Markets

Picking the right benchmark for Global Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global Technology is critical whether you are bullish or bearish towards Global Technology Acquisition at a given time. Please also check how Global Technology's historical prices are related to one of the top price index indicators.

Global Technology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Global Technology stock to make a market-neutral strategy. Peer analysis of Global Technology could also be used in its relative valuation, which is a method of valuing Global Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Global Technology Corporate Management

Elected by the shareholders, the Global Technology's board of directors comprises two types of representatives: Global Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Technology's management team and ensure that shareholders' interests are well served. Global Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Global Stock?

Before investing in Global Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global Technology. To buy Global Technology stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Global Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Global Technology Acquisition stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Global Technology Acquisition stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Global Technology Acquisition, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Global Technology Acquisition?

The danger of trading Global Technology Acquisition is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Global Technology is a strong investment it is important to analyze Global Technology'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 Technology'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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Global Technology information on this page should be used as a complementary analysis to other Global Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Global Stock analysis

When running Global Technology's price analysis, check to measure Global Technology'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 Technology is operating at the current time. Most of Global Technology's value examination focuses on studying past and present price action to predict the probability of Global Technology'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 Technology's price. Additionally, you may evaluate how the addition of Global Technology to your portfolios can decrease your overall portfolio volatility.
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Is Global Technology's industry 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 Technology. 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 Technology 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
(0.87)
Return On Assets
(0.01)
The market value of Global Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Global Technology'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 Technology's market value can be influenced by many factors that don't directly affect Global Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Technology'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.