Globe Telecom (Philippines) Price on September 10, 2023

GLO Stock   2,100  16.00  0.76%   
If you're considering investing in Globe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globe Telecom stands at 2,100, as last reported on the 29th of November, with the highest price reaching 2,128 and the lowest price hitting 2,092 during the day. Globe Telecom holds Efficiency (Sharpe) Ratio of -0.0297, which attests that the entity had a -0.0297% return per unit of risk over the last 3 months. Globe Telecom exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globe Telecom's Standard Deviation of 1.83, market risk adjusted performance of 0.4714, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
  
Globe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0297

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Estimated Market Risk

 1.84
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globe Telecom 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 Telecom by adding Globe Telecom to a well-diversified portfolio.

Globe Telecom Valuation on September 10, 2023

It is possible to determine the worth of Globe Telecom on a given historical date. On September 10, 2023 Globe was worth 1655.03 at the beginning of the trading date compared to the closed value of 1660.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globe Telecom stock. Still, in general, we apply an absolute valuation method to find Globe Telecom'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 Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globe Telecom's related companies.
 Open High Low Close Volume
  1,679    1,679    1,655    1,656    35,890  
09/08/2023
  1,655    1,684    1,643    1,661    5,710  
  1,679    1,698    1,671    1,676    11,540  
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Open Value
1655.03
1660.65
Closing Value
1,661
Upside

Globe Telecom Trading Date Momentum on September 10, 2023

On September 11 2023 Globe Telecom was traded for  1,676  at the closing time. The highest price during the trading period was 1,698  and the lowest recorded bid was listed for  1,671 . The volume for the day was 11.5 K. This history from September 11, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the current price is 1.07% .

Globe Telecom Fundamentals Correlations and Trends

By evaluating Globe Telecom'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 Telecom'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 Telecom Stock history

Globe Telecom 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 Telecom 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 Telecom stock prices may prove useful in developing a viable investing in Globe Telecom

Globe Telecom Stock Technical Analysis

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

Low
November 29, 2024
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High

 0.00 

     

 0.00 

Globe Telecom cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine 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 Telecom November 29, 2024 Market Strength

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

Globe Telecom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globe Telecom's price direction in advance. Along with the technical and fundamental analysis of Globe 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 Stock analysis

When running Globe Telecom's price analysis, check to measure Globe Telecom'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 Telecom is operating at the current time. Most of Globe Telecom's value examination focuses on studying past and present price action to predict the probability of Globe Telecom'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 Telecom's price. Additionally, you may evaluate how the addition of Globe Telecom to your portfolios can decrease your overall portfolio volatility.
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