Globus Medical, (Brazil) Today
Globus Medical, is trading at 65.10 as of the 2nd of January 2025, a 0.77% up since the beginning of the trading day. The stock's open price was 64.6. The performance scores are derived for the period starting the 3rd of December 2024 and ending today, the 2nd of January 2025. Click here to learn more.
Globus Medical, Risk Profiles
Although Globus Medical,'s alpha and beta are two of the key measurements used to evaluate Globus Medical,'s performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 0.8174 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.93 |
Globus Stock Against Markets
Globus Medical, Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Globus Medical, stock to make a market-neutral strategy. Peer analysis of Globus Medical, could also be used in its relative valuation, which is a method of valuing Globus Medical, by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |