Global Partners Lp Stock Price on November 6, 2024
GLPPRB Stock | 26.09 0.05 0.19% |
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 Partners stands at 26.09, as last reported on the 21st of December, with the highest price reaching 26.17 and the lowest price hitting 26.05 during the day. At this point, Global Partners is very steady. Global Partners LP holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Global Partners LP, which you can use to evaluate the volatility of the firm. Please check out Global Partners' Coefficient Of Variation of 622.32, risk adjusted performance of 0.1062, and Market Risk Adjusted Performance of (1.32) to validate if the risk estimate we provide is consistent with the expected return of 0.041%.
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = 0.1597
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Estimated Market Risk
0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Global Partners is performing at about 12% 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 Partners by adding it to a well-diversified portfolio.
Global Partners Valuation on November 6, 2024
It is possible to determine the worth of Global Partners on a given historical date. On November 6, 2024 Global was worth 25.88 at the beginning of the trading date compared to the closed value of 25.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Partners stock. Still, in general, we apply an absolute valuation method to find Global Partners' 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 Partners where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Partners' related companies.
Open | High | Low | Close | Volume | |
25.90 | 25.92 | 25.88 | 25.88 | 1,038 | |
11/06/2024 | 25.88 | 25.98 | 25.88 | 25.98 | 10,833 |
25.90 | 25.96 | 25.90 | 25.93 | 4,109 |
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Global Partners Trading Date Momentum on November 6, 2024
On November 07 2024 Global Partners LP was traded for 25.93 at the closing time. The maximum traded price for the trading interval was 25.96 and the lowest daily price was 25.90 . The daily volume was recorded at 4.1 K. The volume of trading on 7th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the closing price today is 0.65% . |
About Global Partners Stock history
Global Partners 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 Partners LP 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 Partners stock prices may prove useful in developing a viable investing in Global Partners
Global Partners Stock Technical Analysis
Global Partners 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
Global Partners Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Global Partners LP 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.
Global Partners December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Partners 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 Partners shares will generate the highest return on investment. By undertsting and applying Global Partners stock market strength indicators, traders can identify Global Partners LP entry and exit signals to maximize returns
Global Partners Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Partners' 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.
Risk Adjusted Performance | 0.1062 | |||
Jensen Alpha | 0.0315 | |||
Total Risk Alpha | 0.0238 | |||
Sortino Ratio | 0.0445 | |||
Treynor Ratio | (1.33) |
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Complementary Tools for Global Stock analysis
When running Global Partners' price analysis, check to measure Global Partners' 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 Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.
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