Global Lights Acquisition Stock Price on November 13, 2024

GLACU Stock  USD 10.80  0.00  0.00%   
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Lights stands at 10.80, as last reported on the 3rd of December, with the highest price reaching 10.80 and the lowest price hitting 10.80 during the day. Currently, Global Lights Acquisition is very steady. Global Lights Acquisition holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Global Lights Acquisition, which you can use to evaluate the volatility of the firm. Please check out Global Lights' Risk Adjusted Performance of 0.1206, market risk adjusted performance of 1.33, and Standard Deviation of 0.1272 to validate if the risk estimate we provide is consistent with the expected return of 0.0298%.
  
At this time, Global Lights' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 73.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.9 M in 2024. . Price Earnings Ratio is likely to gain to 233.94 in 2024, whereas Price Book Value Ratio is likely to drop (8.03) in 2024. Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2288

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Estimated Market Risk

 0.13
  actual daily
1
99% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Global Lights is performing at about 18% 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 Global Lights by adding it to a well-diversified portfolio.
Book Value
(0.26)
Enterprise Value
95.9 M
Shares Float
6.8 M
Market Capitalization
17.8 M

Related Headline

Dave Busters Headline on 13th of November 2024

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Global Lights Valuation on November 13, 2024

It is possible to determine the worth of Global Lights on a given historical date. On November 13, 2024 Global was worth 10.68 at the beginning of the trading date compared to the closed value of 10.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Lights stock. Still, in general, we apply an absolute valuation method to find Global Lights' 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 Global Lights where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Lights' related companies.
 Open High Low Close Volume
  10.70    10.70    10.70    10.70    1.00  
11/13/2024
  10.68    10.68    10.68    10.68    100.00  
  10.70    10.70    10.68    10.68    300.00  
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Open Value
10.68
10.68
Closing Value
11.07
Upside

Global Lights Trading Date Momentum on November 13, 2024

On November 14 2024 Global Lights Acquisition was traded for  10.68  at the closing time. The highest daily price throughout the period was 10.70  and the lowest price was  10.68 . The daily volume was 300. The net trading volume on 11/14/2024 did not cause price change. The overall trading delta to current closing price is 1.12% .

Global Lights Acquisition Fundamentals Correlations and Trends

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

About Global Lights Stock history

Global Lights 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Lights Acquisition 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 Global Lights stock prices may prove useful in developing a viable investing in Global Lights
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.6 M3.8 M

Global Lights Stock Technical Analysis

Global Lights 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.
A focus of Global Lights technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Lights 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

Global Lights Period Price Range

Low
December 3, 2024
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High

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Global Lights Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Global Lights December 3, 2024 Market Strength

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

Global Lights Technical and Predictive Indicators

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

Additional Tools for Global Stock Analysis

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