Globus Medical Stock Price on November 25, 2024
| GMED Stock | USD 82.63 0.69 0.84% |
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 82.63, as last reported on the 22nd of December, with the highest price reaching 83.27 and the lowest price hitting 81.27 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 appears to be very steady, given 3 months investment horizon. Globus Medical holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Globus Medical, which you can use to evaluate the volatility of the firm. Please utilize Globus Medical's Risk Adjusted Performance of 0.1281, downside deviation of 1.11, and Market Risk Adjusted Performance of 0.224 to validate if our risk estimates are consistent with your expectations.
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 B, whereas Common Stock Total Equity is forecasted to decline to about 102.5 K. . At present, Globus Medical's Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 4.16, whereas Price Book Value Ratio is forecasted to decline to 1.43. 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 68.1143 | 50 Day MA 79.7286 | Beta 1.169 |
Globus |
Sharpe Ratio = 0.1482
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Globus Medical is performing at about 11% 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 Globus Medical by adding it to a well-diversified portfolio.
Price Book 2.7649 | Enterprise Value Ebitda 26.0631 | Price Sales 4.5395 | Shares Float 112.8 M | Wall Street Target Price 94.2308 |
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Globus Medical Valuation on November 25, 2024
It is possible to determine the worth of Globus Medical on a given historical date. On November 25, 2024 Globus was worth 84.48 at the beginning of the trading date compared to the closed value of 84.49. 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 | |
| 85.00 | 85.30 | 84.16 | 84.72 | 966,616 | |
11/25/2024 | 84.48 | 85.33 | 84.10 | 84.49 | 1,138,187 |
| 84.92 | 84.92 | 83.76 | 84.53 | 593,859 |
| Backtest Globus Medical | | | Globus Medical History | | | Globus Medical Valuation | Previous | Next |
Globus Medical Trading Date Momentum on November 25, 2024
| On November 26 2024 Globus Medical was traded for 84.53 at the closing time. The top price for the day was 84.92 and the lowest listed price was 83.76 . The trading volume for the day was 593.9 K. The trading history from November 26, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.05% . The overall trading delta against the current closing price is 1.09% . |
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 | 114.6 M | 104.1 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 | December 22, 2024
| 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 December 22, 2024 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 | 0.1281 | |||
| Jensen Alpha | 0.2162 | |||
| Total Risk Alpha | 0.1959 | |||
| Sortino Ratio | 0.1971 | |||
| Treynor Ratio | 0.214 |
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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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