Globus Medical Stock Price on January 5, 2025
| GMED Stock | USD 73.59 0.32 0.43% |
Below is the normalized historical share price chart for Globus Medical extending back to August 03, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Globus Medical stands at 73.59, as last reported on the 24th of March, with the highest price reaching 73.78 and the lowest price hitting 72.00 during the day.
If you're considering investing in Globus Stock, it is important to understand the factors that can impact its price. Globus Medical holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Globus Medical exposes twenty-four 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 (0.08), standard deviation of 1.63, and Market Risk Adjusted Performance of (0.18) to validate the risk estimate we provide.
At present, Globus Medical's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 3.2 B, whereas Common Stock Total Equity is forecasted to decline to about 102.5 K. . At present, Globus Medical's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 49.23, whereas Price Earnings To Growth Ratio is projected to grow to (3.42). Globus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of August 2012 | 200 Day MA 76.3895 | 50 Day MA 83.5846 | Beta 1.189 |
Globus |
Sharpe Ratio = -0.1184
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| Negative Returns | GMED |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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.
Price Book 2.423 | Enterprise Value Ebitda 20.6213 | Price Sales 4.0176 | Shares Float 114.2 M | Wall Street Target Price 98.0769 |
Related Headline
IRhythm Technologies Headline on 3rd of January 2025
Acquisition by Chad Patterson of 10674 shares of IRhythm Tec... by Chad Patterson
Filed transaction by iRhythm Technologies Officer Chief Commercial Officer. Grant, award or other acquisition pursuant to Rule 16b-3
Globus Medical Valuation on January 5, 2025
It is possible to determine the worth of Globus Medical on a given historical date. On January 5, 2025 Globus was worth 81.99 at the beginning of the trading date compared to the closed value of 82.79. 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 | |
| 82.65 | 83.75 | 81.37 | 81.83 | 987,474 | |
01/03/2025 | 81.99 | 82.90 | 81.49 | 82.79 | 646,568 |
| 83.00 | 84.25 | 82.29 | 83.93 | 794,594 |
| Backtest Globus Medical | | | Globus Medical History | | | Globus Medical Valuation | Previous | Next |
Globus Medical Trading Date Momentum on January 5, 2025
| On January 06 2025 Globus Medical was traded for 83.93 at the closing time. The top price for the day was 84.25 and the lowest listed price was 82.29 . The trading volume for the day was 794.6 K. The trading history from January 6, 2025 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.38% . The overall trading delta against the current closing price is 5.17% . |
Globus Medical 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 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 137.9 M | 106.9 M | |
| Net Income Applicable To Common Shares | 218.7 M | 120.8 M |
Globus Medical Quarterly Net Working Capital |
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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.
Price Boundaries
Globus Medical Period Price Range
Low | March 24, 2025
| High |
0.00 | 0.00 |
Globus Medical 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.
Globus Medical March 24, 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 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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.19) |
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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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