Globus Maritime Stock Price on December 14, 2024
GLBS Stock | USD 1.21 0.05 3.97% |
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 Maritime stands at 1.21, as last reported on the 14th of December 2024, with the highest price reaching 1.27 and the lowest price hitting 1.14 during the day. Globus Maritime 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 Maritime exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globus Maritime's Standard Deviation of 3.92, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.65) 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 = -0.1322
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Estimated Market Risk
3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.52 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 Maritime 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 Maritime by adding Globus Maritime to a well-diversified portfolio.
Globus Maritime Valuation on December 14, 2024
It is possible to determine the worth of Globus Maritime on a given historical date. On December 14, 2024 Globus was worth 1.25 at the beginning of the trading date compared to the closed value of 1.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globus Maritime stock. Still, in general, we apply an absolute valuation method to find Globus Maritime'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 Maritime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globus Maritime's related companies.
Open | High | Low | Close | Volume | |
1.25 | 1.27 | 1.14 | 1.21 | 139,843 | |
12/14/2024 | 1.25 | 1.27 | 1.14 | 1.21 | 0.00 |
Backtest Globus Maritime | | | Globus Maritime History | | | Globus Maritime Valuation | Previous |
Globus Maritime Trading Date Momentum on December 14, 2024
On December 14 2024 Globus Maritime was traded for 1.21 at the closing time. The top price for the day was 1.27 and the lowest listed price was 1.14 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not cause price change. The overall trading delta against the current closing price is 3.31% . |
Globus Maritime Fundamentals Correlations and Trends
By evaluating Globus Maritime'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 Globus Maritime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Globus Maritime Stock history
Globus Maritime 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 Globus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globus Maritime 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 Globus Maritime stock prices may prove useful in developing a viable investing in Globus Maritime
Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. Globus Maritime Limited is a subsidiary of Firment Trading Limited. Globus Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 22 people.
Globus Maritime Stock Technical Analysis
Globus Maritime 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.
Price Boundaries
Globus Maritime Period Price Range
Low | December 14, 2024
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0.00 | 0.00 |
Globus Maritime 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.
Globus Maritime December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Globus Maritime 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 Maritime shares will generate the highest return on investment. By undertsting and applying Globus Maritime stock market strength indicators, traders can identify Globus Maritime entry and exit signals to maximize returns
Globus Maritime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globus Maritime'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 | (0.09) | |||
Jensen Alpha | (0.60) | |||
Total Risk Alpha | (1.02) | |||
Treynor Ratio | (0.66) |
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Additional Tools for Globus Stock Analysis
When running Globus Maritime's price analysis, check to measure Globus Maritime'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 Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime'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 Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.