Globant Sa Stock Alpha and Beta Analysis
| GLOB Stock | USD 229.25 6.56 2.95% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Globant SA. It also helps investors analyze the systematic and unsystematic risks associated with investing in Globant SA over a specified time horizon. Remember, high Globant SA's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Globant SA's market risk premium analysis include:
Beta 1.25 | Alpha 0.0773 | Risk 2.62 | Sharpe Ratio 0.0887 | Expected Return 0.23 |
Globant SA Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Globant |
Globant SA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Globant SA market risk premium is the additional return an investor will receive from holding Globant SA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Globant SA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Globant SA's performance over market.| α | 0.08 | β | 1.25 |
Globant SA expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Globant SA's Buy-and-hold return. Our buy-and-hold chart shows how Globant SA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Globant SA Market Price Analysis
Market price analysis indicators help investors to evaluate how Globant SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globant SA shares will generate the highest return on investment. By understating and applying Globant SA stock market price indicators, traders can identify Globant SA position entry and exit signals to maximize returns.
Globant SA Return and Market Media
The median price of Globant SA for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 204.09 with a coefficient of variation of 6.09. The daily time series for the period is distributed with a sample standard deviation of 12.66, arithmetic mean of 207.95, and mean deviation of 10.8. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | WASATCH ADVISORS LP Reduces Stake in Nova Ltd | 09/12/2024 |
2 | Globant Upgraded to Hold at StockNews.com | 10/24/2024 |
3 | Disposition of 51000 shares by Ruxin Michael I of Globant SA subject to Rule 16b-3 | 11/08/2024 |
4 | Globant Launches New Edition of CONVERGE, Offering Groundbreaking Insights for Business Reinvention AI Disrupt, Delight, Connect, to Broadcast on November 21st | 11/13/2024 |
5 | Globant Reports 2024 Third Quarter Financial Results | 11/14/2024 |
6 | Globant SA Q3 2024 Earnings Call Highlights Strong Revenue Growth and AI Expansion | 11/15/2024 |
7 | Globant SA Shares Up 2.56 percent on Nov 19 | 11/19/2024 |
8 | Globant S.A. Surging Ahead with AI-Powered Solutions and Global Expansion | 11/20/2024 |
About Globant SA Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Globant or other stocks. Alpha measures the amount that position in Globant SA has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.001053 | 7.95E-4 | Price To Sales Ratio | 4.84 | 3.88 |
Globant SA Upcoming Company Events
As portrayed in its financial statements, the presentation of Globant SA's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globant SA's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Globant SA's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Globant SA. Please utilize our Beneish M Score to check the likelihood of Globant SA's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Globant SA Backtesting, Globant SA Valuation, Globant SA Correlation, Globant SA Hype Analysis, Globant SA Volatility, Globant SA History and analyze Globant SA Performance. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Globant SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.