GLOBUS MEDICAL (Germany) Price on May 5, 2023

GM0N Stock  EUR 68.00  0.50  0.74%   
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 MEDICAL stands at 68.00, as last reported on the 25th of March, with the highest price reaching 68.00 and the lowest price hitting 68.00 during the day. GLOBUS MEDICAL A holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of volatility over the last 3 months. GLOBUS MEDICAL A exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GLOBUS MEDICAL's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.50) 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.

Sharpe Ratio = -0.1367

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Estimated Market Risk

 1.92
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average GLOBUS MEDICAL 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 MEDICAL by adding GLOBUS MEDICAL to a well-diversified portfolio.

GLOBUS MEDICAL Valuation on May 5, 2023

It is possible to determine the worth of GLOBUS MEDICAL on a given historical date. On May 5, 2023 GLOBUS was worth 51.0 at the beginning of the trading date compared to the closed value of 51.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GLOBUS MEDICAL stock. Still, in general, we apply an absolute valuation method to find GLOBUS MEDICAL'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 MEDICAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GLOBUS MEDICAL's related companies.
 Open High Low Close Volume
  51.00    51.00    51.00    51.00    8.00  
05/05/2023
  51.00    51.00    51.00    51.00    8.00  
  51.00    51.00    51.00    51.00    8.00  
Backtest GLOBUS MEDICAL  |  GLOBUS MEDICAL History  |  GLOBUS MEDICAL Valuation   PreviousNext  
Open Value
51.0
51.0
Closing Value
56.76
Upside

GLOBUS MEDICAL Trading Date Momentum on May 5, 2023

On May 08 2023 GLOBUS MEDICAL A was traded for  51.00  at the closing time. The highest price during the trading period was 51.00  and the lowest recorded bid was listed for  51.00 . The volume for the day was 8.0. This history from May 8, 2023 did not cause price change. The overall trading delta to the current price is 1.96% .

GLOBUS MEDICAL A Fundamentals Correlations and Trends

By evaluating GLOBUS MEDICAL'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 MEDICAL'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 MEDICAL Stock history

GLOBUS MEDICAL 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 MEDICAL A 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 MEDICAL stock prices may prove useful in developing a viable investing in GLOBUS MEDICAL

GLOBUS MEDICAL Stock Technical Analysis

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

GLOBUS MEDICAL Period Price Range

Low
March 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

GLOBUS MEDICAL A cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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 MEDICAL March 25, 2025 Market Strength

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

GLOBUS MEDICAL Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GLOBUS MEDICAL'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.

Complementary Tools for GLOBUS Stock analysis

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