Globe Trade (Poland) Price on June 19, 2024
GTC Stock | 3.96 0.07 1.74% |
If you're considering investing in Globe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globe Trade stands at 3.96, as last reported on the 11th of December 2024, with the highest price reaching 4.03 and the lowest price hitting 3.94 during the day. Globe Trade Centre holds Efficiency (Sharpe) Ratio of -0.0071, which attests that the entity had a -0.0071% return per unit of risk over the last 3 months. Globe Trade Centre exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globe Trade's Standard Deviation of 2.46, market risk adjusted performance of (0.35), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
Globe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Globe |
Sharpe Ratio = -0.0071
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Estimated Market Risk
2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Globe Trade 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 Globe Trade by adding Globe Trade to a well-diversified portfolio.
Globe Trade Valuation on June 19, 2024
It is possible to determine the worth of Globe Trade on a given historical date. On June 19, 2024 Globe was worth 4.9 at the beginning of the trading date compared to the closed value of 4.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globe Trade stock. Still, in general, we apply an absolute valuation method to find Globe Trade'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 Globe Trade where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globe Trade's related companies.
Open | High | Low | Close | Volume | |
4.80 | 4.99 | 4.80 | 4.90 | 3,044 | |
06/19/2024 | 4.90 | 4.99 | 4.84 | 4.99 | 956.00 |
4.86 | 4.99 | 4.86 | 4.99 | 357.00 |
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Globe Trade Trading Date Momentum on June 19, 2024
On June 20 2024 Globe Trade Centre was traded for 4.99 at the closing time. The highest price during the trading period was 4.99 and the lowest recorded bid was listed for 4.86 . The volume for the day was 357. This history from June 20, 2024 did not cause price change. The overall trading delta to the current price is 2.61% . |
Globe Trade Centre Fundamentals Correlations and Trends
By evaluating Globe Trade'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 Globe Trade's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Globe Trade Stock history
Globe Trade 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 Globe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globe Trade Centre 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 Globe Trade stock prices may prove useful in developing a viable investing in Globe Trade
Globe Trade Stock Technical Analysis
Globe Trade 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
Globe Trade Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Globe Trade Centre cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw 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.
Globe Trade December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Globe Trade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globe Trade shares will generate the highest return on investment. By undertsting and applying Globe Trade stock market strength indicators, traders can identify Globe Trade Centre entry and exit signals to maximize returns
Globe Trade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globe Trade's price direction in advance. Along with the technical and fundamental analysis of Globe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globe 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 | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.36) |
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Volume Indicators |
Additional Tools for Globe Stock Analysis
When running Globe Trade's price analysis, check to measure Globe Trade'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 Globe Trade is operating at the current time. Most of Globe Trade's value examination focuses on studying past and present price action to predict the probability of Globe Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Trade's price. Additionally, you may evaluate how the addition of Globe Trade to your portfolios can decrease your overall portfolio volatility.