Globe Life 425 Preferred Stock Price on August 7, 2023

GL-PD Preferred Stock  USD 16.48  0.10  0.60%   
If you're considering investing in Globe Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globe Life stands at 16.48, as last reported on the 21st of December, with the highest price reaching 16.60 and the lowest price hitting 16.36 during the day. Globe Life 425 holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Globe Life 425 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globe Life's Standard Deviation of 1.23, market risk adjusted performance of (0.40), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
  
Globe Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1133

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Estimated Market Risk

 1.24
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globe Life 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 Globe Life by adding Globe Life to a well-diversified portfolio.

Globe Life Valuation on August 7, 2023

It is possible to determine the worth of Globe Life on a given historical date. On August 7, 2023 Globe was worth 17.6 at the beginning of the trading date compared to the closed value of 17.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globe Life preferred stock. Still, in general, we apply an absolute valuation method to find Globe Life'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 Globe Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globe Life's related companies.
 Open High Low Close Volume
  17.45    17.61    17.40    17.60    8,228  
08/07/2023
  17.60    17.89    17.48    17.82    6,732  
  17.82    17.82    17.52    17.61    3,600  
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Open Value
17.6
17.82
Closing Value
21.32
Upside

Globe Life Trading Date Momentum on August 7, 2023

On August 08 2023 Globe Life 425 was traded for  17.61  at the closing time. The highest daily price throughout the period was 17.82  and the lowest price was  17.52 . The daily volume was 3.6 K. The net trading volume on 08/08/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.18% . The overall trading delta to current closing price is 0.79% .

Globe Life 425 Fundamentals Correlations and Trends

By evaluating Globe Life's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Globe Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globe financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Globe Life Preferred Stock history

Globe Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Globe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globe Life 425 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Globe Life stock prices may prove useful in developing a viable investing in Globe Life

Globe Life Preferred Stock Technical Analysis

Globe Life technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Globe Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globe Life trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Globe Life Period Price Range

Low
December 21, 2024
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High

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Globe Life 425 cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Globe Life December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Globe Life preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globe Life shares will generate the highest return on investment. By undertsting and applying Globe Life preferred stock market strength indicators, traders can identify Globe Life 425 entry and exit signals to maximize returns

Globe Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globe Life's price direction in advance. Along with the technical and fundamental analysis of Globe Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globe 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.

Complementary Tools for Globe Preferred Stock analysis

When running Globe Life's price analysis, check to measure Globe Life'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 Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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