Globus Medical, (Brazil) Price on October 4, 2024
G2ME34 Stock | 54.20 2.10 4.03% |
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 54.20, as last reported on the 26th of March, with the highest price reaching 54.40 and the lowest price hitting 54.00 during the day. Globus Medical, holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13 % return per unit of risk over the last 3 months. Globus Medical, exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globus Medical,'s Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.57), and Standard Deviation of 2.25 to validate the risk estimate we provide.
Globus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Globus |
Sharpe Ratio = -0.1251
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Estimated Market Risk
2.24 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Globus Medical, is not performing at its full potential. However, 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 Globus Medical, to a well-diversified portfolio.
Globus Medical, Valuation on October 4, 2024
It is possible to determine the worth of Globus Medical, on a given historical date. On October 4, 2024 Globus was worth 49.2 at the beginning of the trading date compared to the closed value of 49.2. 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 | |
49.20 | 49.20 | 49.20 | 49.20 | 1.00 | |
10/04/2024 | 49.20 | 49.20 | 49.20 | 49.20 | 1.00 |
49.20 | 49.20 | 49.20 | 49.20 | 1.00 |
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Globus Medical, Trading Date Momentum on October 4, 2024
On October 07 2024 Globus Medical, was traded for 49.20 at the closing time. The highest price during the trading period was 49.20 and the lowest recorded bid was listed for 49.20 . There was no trading activity during the period 1.0. Lack of trading volume on October 7, 2024 did not cause price change. The overall trading delta to the current price is 2.03% . |
Price Boundaries
Globus Medical, Period Price Range
Low | March 26, 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, March 26, 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 | (0.06) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.58) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
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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