Globant Sa Stock Price on May 16, 2024

GLOB Stock  USD 118.48  7.92  6.27%   
If you're considering investing in Globant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globant SA stands at 118.48, as last reported on the 30th of March, with the highest price reaching 128.19 and the lowest price hitting 117.61 during the day. Globant SA holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21 % return per unit of risk over the last 3 months. Globant SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globant SA's Standard Deviation of 4.12, market risk adjusted performance of 4.78, and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide.
  
Globant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2127

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Estimated Market Risk

 4.12
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.88
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globant SA 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 Globant SA by adding Globant SA to a well-diversified portfolio.

Globant SA Valuation on May 16, 2024

It is possible to determine the worth of Globant SA on a given historical date. On May 16, 2024 Globant was worth 178.34 at the beginning of the trading date compared to the closed value of 177.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globant SA stock. Still, in general, we apply an absolute valuation method to find Globant SA'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 Globant SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globant SA's related companies.
 Open High Low Close Volume
  176.97    179.30    174.47    178.27    398,902  
05/16/2024
  178.34    180.16    176.53    177.73    650,981  
  166.50    175.64    160.12    167.75    1,568,267  
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Open Value
178.34
165.98
Downside
177.73
Closing Value
190.70
Upside

Globant SA Trading Date Momentum on May 16, 2024

On May 17 2024 Globant SA was traded for  167.75  at the closing time. The top price for the day was 175.64  and the lowest listed price was  160.12 . The trading volume for the day was 1.6 M. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.62% . The overall trading delta against the current closing price is 4.86% .

Globant SA Fundamentals Correlations and Trends

By evaluating Globant SA'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 Globant SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globant financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Globant SA Stock history

Globant SA 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 Globant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globant SA 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 Globant SA stock prices may prove useful in developing a viable investing in Globant SA
Globant S.A. operates as a technology services company worldwide. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant SA is traded on New York Stock Exchange in the United States.

Globant SA Stock Technical Analysis

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

Globant SA Period Price Range

Low
March 30, 2025
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High

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Globant SA 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.

Globant SA March 30, 2025 Market Strength

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

Globant SA Technical and Predictive Indicators

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

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