Globus Maritime Stock Probability of Future Stock Price Finishing Over 2.18
| GLBS Stock | USD 2.18 0.19 9.55% |
Closest to current price Globus long CALL Option Payoff at Expiration
Globus |
Globus Maritime Target Price Odds to finish over 2.18
The tendency of Globus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 2.18 | 90 days | 2.18 | near 1 |
Based on a normal probability distribution, the odds of Globus Maritime to move above the current price in 90 days from now is near 1 (This Globus Maritime probability density function shows the probability of Globus Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.45 . 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, Globus Maritime will likely underperform. Additionally Globus Maritime has an alpha of 0.0144, implying that it can generate a 0.0144 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Globus Maritime Price Density |
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Predictive Modules for Globus Maritime
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globus Maritime. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globus Maritime'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.
Globus Maritime Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Globus Maritime is not an exception. The market had few large corrections towards the Globus Maritime's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Globus Maritime, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globus Maritime within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.02 |
Globus Maritime Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Globus Maritime for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globus Maritime can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Globus Maritime had very high historical volatility over the last 90 days | |
| Globus Maritime is unlikely to experience financial distress in the next 2 years | |
| Globus Maritime currently holds about 43.64 M in cash with (4.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| Roughly 27.0% of the company shares are held by company insiders | |
| Latest headline from ndtv.com: Quad May Announce Expansion Of Maritime Pact To Indian Ocean White House |
Globus Maritime Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Globus Stock often depends not only on the future outlook of the current and potential Globus Maritime's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Globus Maritime's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20.6 M | |
| Cash And Short Term Investments | 74.3 M |
Globus Maritime Technical Analysis
Globus Maritime's future price can be derived by breaking down and analyzing its technical indicators over time. Globus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globus Maritime. In general, you should focus on analyzing Globus Stock price patterns and their correlations with different microeconomic environments and drivers.
Globus Maritime Predictive Forecast Models
Globus Maritime's time-series forecasting models is one of many Globus Maritime's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Globus Maritime's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Globus Maritime
Checking the ongoing alerts about Globus Maritime for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globus Maritime help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Globus Maritime had very high historical volatility over the last 90 days | |
| Globus Maritime is unlikely to experience financial distress in the next 2 years | |
| Globus Maritime currently holds about 43.64 M in cash with (4.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
| Roughly 27.0% of the company shares are held by company insiders | |
| Latest headline from ndtv.com: Quad May Announce Expansion Of Maritime Pact To Indian Ocean White House |
Additional Tools for Globus Stock Analysis
When running Globus Maritime's price analysis, check to measure Globus Maritime'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 Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.