GDEV Other Assets from 2010 to 2024
| GDEV Stock | USD 2.11 0.13 5.80% |
Other Assets | First Reported 2010-12-31 | Previous Quarter 1 | Current Value 0.95 | Quarterly Volatility 32.3 M |
Check GDEV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GDEV main balance sheet or income statement drivers, such as Tax Provision of 1.7 M, Net Interest Income of 2.5 M or Depreciation And Amortization of 3.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.1 or Days Sales Outstanding of 53.39. GDEV financial statements analysis is a perfect complement when working with GDEV Valuation or Volatility modules.
GDEV | Other Assets |
Latest GDEV's Other Assets Growth Pattern
Below is the plot of the Other Assets of GDEV Inc over the last few years. It is GDEV's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GDEV's overall financial position and show how it may be relating to other accounts over time.
| Other Assets | 10 Years Trend |
|
Other Assets |
| Timeline |
GDEV Other Assets Regression Statistics
| Arithmetic Mean | 45,045,733 | |
| Geometric Mean | 4,422,757 | |
| Coefficient Of Variation | 71.75 | |
| Mean Deviation | 22,577,173 | |
| Median | 37,122,000 | |
| Standard Deviation | 32,322,261 | |
| Sample Variance | 1044.7T | |
| Range | 116.7M | |
| R-Value | 0.15 | |
| Mean Square Error | 1100.6T | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | 1,065,861 | |
| Total Sum of Squares | 14626.2T |
GDEV Other Assets History
About GDEV Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include GDEV income statement, its balance sheet, and the statement of cash flows. GDEV investors use historical funamental indicators, such as GDEV's Other Assets, to determine how well the company is positioned to perform in the future. Although GDEV investors may use each financial statement separately, they are all related. The changes in GDEV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GDEV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on GDEV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GDEV. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Assets | 1.00 | 0.95 |
Pair Trading with GDEV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GDEV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GDEV will appreciate offsetting losses from the drop in the long position's value.Moving against GDEV Stock
| 0.67 | GMGI | Golden Matrix Group Trending | PairCorr |
| 0.62 | PLTK | Playtika Holding Corp Earnings Call This Week | PairCorr |
| 0.47 | GIGM | Giga Media | PairCorr |
| 0.42 | MSGM | Motorsport Gaming | PairCorr |
The ability to find closely correlated positions to GDEV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GDEV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GDEV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GDEV Inc to buy it.
The correlation of GDEV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GDEV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GDEV Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GDEV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of GDEV Correlation against competitors. Note that the GDEV Inc information on this page should be used as a complementary analysis to other GDEV'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for GDEV Stock analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is GDEV'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 GDEV. If investors know GDEV 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 GDEV 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 (0.24) | Earnings Share 0.23 | Revenue Per Share 2.353 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0746 |
The market value of GDEV Inc is measured differently than its book value, which is the value of GDEV that is recorded on the company's balance sheet. Investors also form their own opinion of GDEV's value that differs from its market value or its book value, called intrinsic value, which is GDEV'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 GDEV's market value can be influenced by many factors that don't directly affect GDEV'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 GDEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDEV'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.