Globus Spirits (India) Market Value

GLOBUSSPR   930.85  46.55  5.26%   
Globus Spirits' market value is the price at which a share of Globus Spirits trades on a public exchange. It measures the collective expectations of Globus Spirits Limited investors about its performance. Globus Spirits is selling for under 930.85 as of the 20th of March 2025; that is 5.26 percent increase since the beginning of the trading day. The stock's lowest day price was 896.4.
With this module, you can estimate the performance of a buy and hold strategy of Globus Spirits Limited and determine expected loss or profit from investing in Globus Spirits over a given investment horizon. Check out Globus Spirits Correlation, Globus Spirits Volatility and Globus Spirits Alpha and Beta module to complement your research on Globus Spirits.
Symbol

Please note, there is a significant difference between Globus Spirits' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Spirits is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Spirits' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Globus Spirits 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Globus Spirits' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Globus Spirits.
0.00
12/20/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/20/2025
0.00
If you would invest  0.00  in Globus Spirits on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Globus Spirits Limited or generate 0.0% return on investment in Globus Spirits over 90 days. Globus Spirits is related to or competes with Diligent Media, Bharat Road, Sambhaav Media, Future Retail, Infomedia Press, Spencers Retail, and Silly Monks. Globus Spirits is entity of India. It is traded as Stock on NSE exchange. More

Globus Spirits Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Globus Spirits' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Globus Spirits Limited upside and downside potential and time the market with a certain degree of confidence.

Globus Spirits Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Globus Spirits' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Globus Spirits' standard deviation. In reality, there are many statistical measures that can use Globus Spirits historical prices to predict the future Globus Spirits' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globus Spirits' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
927.83931.41934.99
Details
Intrinsic
Valuation
LowRealHigh
753.61757.191,024
Details
Naive
Forecast
LowNextHigh
935.22938.80942.38
Details
Earnings
Estimates (0)
LowProjected EPSHigh
25.5025.5025.50
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Globus Spirits Backtested Returns

Currently, Globus Spirits Limited is very steady. Globus Spirits holds Efficiency (Sharpe) Ratio of 0.0436, which attests that the entity had a 0.0436 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Globus Spirits, which you can use to evaluate the volatility of the firm. Please check out Globus Spirits' Downside Deviation of 2.72, market risk adjusted performance of (0.11), and Risk Adjusted Performance of 0.0193 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Globus Spirits has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Globus Spirits are expected to decrease at a much lower rate. During the bear market, Globus Spirits is likely to outperform the market. Globus Spirits right now retains a risk of 3.58%. Please check out Globus Spirits expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Globus Spirits will be following its current trending patterns.

Auto-correlation

    
  0.22  

Weak predictability

Globus Spirits Limited has weak predictability. Overlapping area represents the amount of predictability between Globus Spirits time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Globus Spirits price movement. The serial correlation of 0.22 indicates that over 22.0% of current Globus Spirits price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test-0.3
Residual Average0.0
Price Variance2051.02

Globus Spirits lagged returns against current returns

Autocorrelation, which is Globus Spirits stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Globus Spirits' stock expected returns. We can calculate the autocorrelation of Globus Spirits returns to help us make a trade decision. For example, suppose you find that Globus Spirits has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Globus Spirits regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Globus Spirits stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Globus Spirits stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Globus Spirits stock over time.
   Current vs Lagged Prices   
       Timeline  

Globus Spirits Lagged Returns

When evaluating Globus Spirits' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Globus Spirits stock have on its future price. Globus Spirits autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Globus Spirits autocorrelation shows the relationship between Globus Spirits stock current value and its past values and can show if there is a momentum factor associated with investing in Globus Spirits Limited.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Globus Stock Analysis

When running Globus Spirits' price analysis, check to measure Globus Spirits' 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 Spirits is operating at the current time. Most of Globus Spirits' value examination focuses on studying past and present price action to predict the probability of Globus Spirits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Spirits' price. Additionally, you may evaluate how the addition of Globus Spirits to your portfolios can decrease your overall portfolio volatility.