Global Ship Lease Stock Technical Analysis
| GSL Stock | USD 21.20 0.03 0.14% |
As of the 19th of April, Global Ship retains the Downside Deviation of 2.07, risk adjusted performance of 0.04, and Market Risk Adjusted Performance of 0.1839. Global Ship technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Global Ship Lease, which can be compared to its competitors. Please check out Global Ship Lease standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Global Ship is priced fairly, providing market reflects its last-minute price of 21.2 per share. Given that Global Ship Lease has jensen alpha of 0.0591, we strongly advise you to confirm Global Ship Lease's regular market performance to make sure the company can sustain itself at a future point.
Global Ship Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Global, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlobalGlobal |
Global Ship Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 27.25 | Strong Buy | 4 | Odds |
Most Global analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Global stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Global Ship Lease, talking to its executives and customers, or listening to Global conference calls.
Global Ship 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.
Global Ship Lease Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Global Ship Lease volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Global Ship Lease Trend Analysis
Use this graph to draw trend lines for Global Ship Lease. You can use it to identify possible trend reversals for Global Ship as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Global Ship price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Global Ship Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Global Ship Lease applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Global Ship Lease will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3.88, which is the sum of squared deviations for the predicted Global Ship price change compared to its average price change.About Global Ship Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Global Ship Lease on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Global Ship Lease based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Global Ship Lease price pattern first instead of the macroeconomic environment surrounding Global Ship Lease. By analyzing Global Ship's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Global Ship's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Global Ship specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0985 | 0.0895 | 0.0762 | Price To Sales Ratio | 1.01 | 1.04 | 0.7 |
Global Ship April 19, 2024 Technical Indicators
Most technical analysis of Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Global from various momentum indicators to cycle indicators. When you analyze Global charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.04 | |||
| Market Risk Adjusted Performance | 0.1839 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.07 | |||
| Coefficient Of Variation | 1849.47 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.36 | |||
| Information Ratio | 0.0166 | |||
| Jensen Alpha | 0.0591 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0147 | |||
| Treynor Ratio | 0.1739 | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.22 | |||
| Downside Variance | 4.3 | |||
| Semi Variance | 3.91 | |||
| Expected Short fall | (1.24) | |||
| Skewness | (1.27) | |||
| Kurtosis | 7.68 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Global Stock analysis
When running Global Ship's price analysis, check to measure Global Ship'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 Ship is operating at the current time. Most of Global Ship's value examination focuses on studying past and present price action to predict the probability of Global Ship'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 Ship's price. Additionally, you may evaluate how the addition of Global Ship to your portfolios can decrease your overall portfolio volatility.
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Is Global Ship's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Ship. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Ship listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.5 | Earnings Share 8.21 | Revenue Per Share 18.831 | Quarterly Revenue Growth 0.133 |
The market value of Global Ship Lease is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Ship's market value can be influenced by many factors that don't directly affect Global Ship's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship's 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.