Global Star Acquisition, Stock Beta
| GLST Stock | 11.97 0.03 0.25% |
Global Star Acquisition, fundamentals help investors to digest information that contributes to Global Star's financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Star's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global Star stock.
Global | Beta |
Global Star Acquisition, Company Beta Analysis
Global Star's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Global Star Beta | -0.047 |
Most of Global Star's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Global Star Acquisition, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Global Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Global Star is extremely important. It helps to project a fair market value of Global Stock properly, considering its historical fundamentals such as Beta. Since Global Star's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Global Star's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Global Star's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Global Star Acquisition, has a Beta of -0.047. This is 105.73% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The beta for all United States stocks is 68.67% lower than that of the firm.
Global Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Star's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Star could also be used in its relative valuation, which is a method of valuing Global Star by comparing valuation metrics of similar companies.Global Star is currently under evaluation in beta category among its peers.
Global Star ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Global Star's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Global Star's managers, analysts, and investors.Environmental | Governance | Social |
Global Star Institutional Holders
Institutional Holdings refers to the ownership stake in Global Star that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Global Star's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Global Star's value.| Shares | Karpus Management Inc | 2024-06-30 | 0.0 | Warberg Asset Management Llc | 2024-06-30 | 0.0 | Tower Research Capital Llc | 2024-06-30 | 0.0 | Centiva Capital Lp | 2024-06-30 | 0.0 | Quarry Lp | 2024-06-30 | 0.0 | First Trust Capital Management L.p. | 2024-06-30 | 0.0 | Crystalline Management Inc | 2024-06-30 | 0.0 | Adar1 Capital Management Llc | 2024-06-30 | 0.0 | Periscope Capital Inc. | 2024-06-30 | 0.0 | Skyview Investment Advisors, Llc | 2024-09-30 | 238 K | Walleye Trading Advisors, Llc | 2024-09-30 | 155.8 K |
As returns on the market increase, returns on owning Global Star are expected to decrease at a much lower rate. During the bear market, Global Star is likely to outperform the market.
Global Fundamentals
| Return On Asset | -0.0315 | ||||
| Current Valuation | 47.68 M | ||||
| Shares Outstanding | 1.75 M | ||||
| Shares Owned By Insiders | 35.12 % | ||||
| Shares Owned By Institutions | 93.29 % | ||||
| Number Of Shares Shorted | 69 | ||||
| Price To Book | 9.79 X | ||||
| EBITDA | 1.84 M | ||||
| Net Income | 1.04 M | ||||
| Total Debt | 1.61 M | ||||
| Book Value Per Share | (0.64) X | ||||
| Cash Flow From Operations | (1.58 M) | ||||
| Short Ratio | 0.23 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | -0.047 | ||||
| Market Capitalization | 48.48 M | ||||
| Total Asset | 57.3 M | ||||
| Retained Earnings | (5.17 M) | ||||
| Working Capital | (2.08 M) | ||||
| Net Asset | 57.3 M |
About Global Star Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Star Acquisition,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Star Acquisition, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Global Stock Analysis
When running Global Star's price analysis, check to measure Global Star'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 Global Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.