Globus Medical, (Brazil) Price on January 2, 2025
| G2ME34 Stock | 61.79 2.53 3.93% |
If you're considering investing in Globus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globus Medical, stands at 61.79, as last reported on the 7th of January, with the highest price reaching 63.44 and the lowest price hitting 59.58 during the day. Globus Medical, appears to be very steady, given 3 months investment horizon. Globus Medical, holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Globus Medical,, which you can use to evaluate the volatility of the firm. Please utilize Globus Medical,'s Downside Deviation of 2.14, risk adjusted performance of 0.1965, and Market Risk Adjusted Performance of (2.25) to validate if our risk estimates are consistent with your expectations.
Globus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Globus |
Sharpe Ratio = 0.2456
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Globus Medical, is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Globus Medical, by adding it to a well-diversified portfolio.
Globus Medical, Valuation on January 2, 2025
It is possible to determine the worth of Globus Medical, on a given historical date. On January 2, 2025 Globus was worth 65.1 at the beginning of the trading date compared to the closed value of 65.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globus Medical, stock. Still, in general, we apply an absolute valuation method to find Globus Medical,'s value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Globus Medical, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globus Medical,'s related companies.
| Open | High | Low | Close | Volume | |
| 65.10 | 65.10 | 65.10 | 65.10 | 1.00 | |
01/02/2025 | 65.10 | 65.10 | 65.10 | 65.10 | 1.00 |
| 63.51 | 63.51 | 59.64 | 62.56 | 797.00 |
| Backtest Globus Medical, | | | Globus Medical, History | Previous | Next |
Globus Medical, Trading Date Momentum on January 2, 2025
| On January 03 2025 Globus Medical, was traded for 62.56 at the closing time. The highest price during the trading period was 63.51 and the lowest recorded bid was listed for 59.64 . The volume for the day was 797. This history from January 3, 2025 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.90% . The overall trading delta to the current price is 2.55% . |
Price Boundaries
Globus Medical, Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Globus Medical, cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Globus Medical, January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Globus Medical, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globus Medical, shares will generate the highest return on investment. By undertsting and applying Globus Medical, stock market strength indicators, traders can identify Globus Medical, entry and exit signals to maximize returns
Globus Medical, Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globus Medical,'s price direction in advance. Along with the technical and fundamental analysis of Globus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1965 | |||
| Jensen Alpha | 0.4157 | |||
| Total Risk Alpha | 0.3725 | |||
| Sortino Ratio | 0.1843 | |||
| Treynor Ratio | (2.26) |
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Complementary Tools for Globus Stock analysis
When running Globus Medical,'s price analysis, check to measure Globus Medical,'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 Medical, is operating at the current time. Most of Globus Medical,'s value examination focuses on studying past and present price action to predict the probability of Globus Medical,'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 Medical,'s price. Additionally, you may evaluate how the addition of Globus Medical, to your portfolios can decrease your overall portfolio volatility.
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