Global Engine Group Stock Price on October 9, 2024

GLE Stock   2.46  0.09  3.53%   
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 Engine stands at 2.46, as last reported on the 15th of December 2024, with the highest price reaching 2.70 and the lowest price hitting 2.35 during the day. Global Engine Group holds Efficiency (Sharpe) Ratio of -0.0826, which attests that the entity had a -0.0826% return per unit of risk over the last 3 months. Global Engine Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Engine's Standard Deviation of 7.32, market risk adjusted performance of (0.97), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
  
As of December 15, 2024, Total Stockholder Equity is expected to decline to about 8.7 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 14.7 M. Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0826

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGLE

Estimated Market Risk

 7.26
  actual daily
64
64% of assets are less volatile

Expected Return

 -0.6
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Global Engine 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 Global Engine by adding Global Engine to a well-diversified portfolio.
Price Book
24.7295
Enterprise Value Ebitda
95.7908
Price Sales
0.9104
Shares Float
2.7 M
Earnings Share
0.02

Related Headline

FitLife Brands, Headline on 9th of October 2024

It is hard to get excited after looking at FitLife Brands recent performance, when its stock has...

Global Engine Valuation on October 9, 2024

It is possible to determine the worth of Global Engine on a given historical date. On October 9, 2024 Global was worth 3.81 at the beginning of the trading date compared to the closed value of 4.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Engine stock. Still, in general, we apply an absolute valuation method to find Global Engine'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 Global Engine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Engine's related companies.
 Open High Low Close Volume
  4.60    4.67    3.75    3.89    146,029  
10/09/2024
  3.81    4.40    3.81    4.23    90,007  
  4.46    4.67    4.35    4.39    233,403  
Backtest Global Engine  |  Global Engine History  |  Global Engine Valuation   PreviousNext  
Open Value
3.81
4.23
Closing Value
25.59
Upside

Global Engine Trading Date Momentum on October 9, 2024

On October 10 2024 Global Engine Group was traded for  4.39  at the closing time. Highest Global Engine's price during the trading hours was 4.67  and the lowest price during the day was  4.35 . The net volume was 233.4 K. The overall trading history on the 10th of October contributed to the next trading period price growth. The overall trading delta to the next next day price was 3.78% . The overall trading delta to current price is 8.75% .

Global Engine Group Fundamentals Correlations and Trends

By evaluating Global Engine'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 Global Engine's 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 Engine Stock history

Global Engine 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 Engine Group 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 Engine stock prices may prove useful in developing a viable investing in Global Engine
Last ReportedProjected for Next Year
Common Stock Shares Outstanding18 M14.7 M

Global Engine Quarterly Net Working Capital

7.89 Million

Global Engine Stock Technical Analysis

Global Engine 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 Engine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Engine 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 Engine Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Global Engine Group 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 Engine December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Global Engine 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 Engine shares will generate the highest return on investment. By undertsting and applying Global Engine stock market strength indicators, traders can identify Global Engine Group entry and exit signals to maximize returns

Global Engine Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Global Engine's 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.

Complementary Tools for Global Stock analysis

When running Global Engine's price analysis, check to measure Global Engine'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 Global Engine is operating at the current time. Most of Global Engine's value examination focuses on studying past and present price action to predict the probability of Global Engine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Engine's price. Additionally, you may evaluate how the addition of Global Engine to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Insider Screener
Find insiders across different sectors to evaluate their impact on performance