Globex Mining Enterprises Stock Price on May 27, 2024
| GMX Stock | CAD 1.18 0.02 1.72% |
Below is the normalized historical share price chart for Globex Mining Enterprises extending back to January 03, 1996. 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 Globex Mining stands at 1.18, as last reported on the 29th of December, with the highest price reaching 1.19 and the lowest price hitting 1.15 during the day.
If you're considering investing in Globex Stock, it is important to understand the factors that can impact its price. Globex Mining appears to be very risky, given 3 months investment horizon. Globex Mining Enterprises 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. By evaluating Globex Mining's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Globex Mining's Downside Deviation of 2.16, risk adjusted performance of 0.172, and Market Risk Adjusted Performance of 3.8 to validate if our risk estimates are consistent with your expectations.
At this time, Globex Mining's Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 34 M, while Common Stock Shares Outstanding is likely to drop about 31.1 M. . At this time, Globex Mining's Price Earnings Ratio is very stable compared to the past year. As of the 29th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 39.72, while Price To Sales Ratio is likely to drop 11.86. Globex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.9676 | 50 Day MA 1.0856 | Beta 1.2 |
Globex |
Sharpe Ratio = 0.214
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Globex Mining is performing at about 16% 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 Globex Mining by adding it to a well-diversified portfolio.
Price Book 2.0025 | Enterprise Value Ebitda 24.8254 | Price Sales 14.8518 | Shares Float 49 M | Earnings Share 0.08 |
Globex Mining Valuation on May 27, 2024
It is possible to determine the worth of Globex Mining on a given historical date. On May 27, 2024 Globex was worth 1.02 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globex Mining stock. Still, in general, we apply an absolute valuation method to find Globex Mining'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 Globex Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globex Mining's related companies.
| Open | High | Low | Close | Volume | |
| 1.02 | 1.02 | 1.01 | 1.02 | 12,200 | |
05/27/2024 | 1.02 | 1.05 | 0.99 | 0.99 | 17,500 |
| 1.02 | 1.06 | 1.02 | 1.04 | 10,800 |
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Globex Mining Trading Date Momentum on May 27, 2024
| On May 28 2024 Globex Mining Enterprises was traded for 1.04 at the closing time. The maximum traded price for the trading interval was 1.06 and the lowest daily price was 1.02 . The daily volume was recorded at 10.8 K. The volume of trading on 28th of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 5.05% . The overall trading delta to the closing price today is 1.01% . |
Globex Mining Enterprises Fundamentals Correlations and Trends
By evaluating Globex Mining'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 Globex Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Globex Mining Stock history
Globex Mining 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 Globex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globex Mining Enterprises 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 Globex Mining stock prices may prove useful in developing a viable investing in Globex Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.5 M | 31.1 M | |
| Net Loss | -4.8 M | -4.5 M |
Globex Mining Quarterly Net Working Capital |
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Globex Mining Stock Technical Analysis
Globex Mining 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
Globex Mining Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Globex Mining Enterprises cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Globex Mining December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Globex Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globex Mining shares will generate the highest return on investment. By undertsting and applying Globex Mining stock market strength indicators, traders can identify Globex Mining Enterprises entry and exit signals to maximize returns
Globex Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globex Mining's price direction in advance. Along with the technical and fundamental analysis of Globex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globex 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 | 0.172 | |||
| Jensen Alpha | 0.5171 | |||
| Total Risk Alpha | 0.4489 | |||
| Sortino Ratio | 0.2306 | |||
| Treynor Ratio | 3.79 |
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Other Information on Investing in Globex Stock
Globex Mining financial ratios help investors to determine whether Globex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Globex with respect to the benefits of owning Globex Mining security.