Global Ship Lease Stock Probability of Future Stock Price Finishing Over 1.13
| GSL Stock | USD 22.32 0.41 1.87% |
Closest to current price Global long CALL Option Payoff at Expiration
Global |
Global Ship Target Price Odds to finish over 1.13
The tendency of Global Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 1.13 in 90 days |
| 22.32 | 90 days | 1.13 | close to 99 |
Based on a normal probability distribution, the odds of Global Ship to stay above $ 1.13 in 90 days from now is close to 99 (This Global Ship Lease probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) . Probability of Global Ship Lease price to stay between $ 1.13 and its current price of $22.32 at the end of the 90-day period is close to 99 .
Considering the 90-day investment horizon Global Ship has a beta of 0.59. This usually indicates as returns on the market go up, Global Ship average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Global Ship Lease will be expected to be much smaller as well. Additionally Global Ship Lease has an alpha of 0.0691, implying that it can generate a 0.0691 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Global Ship Price Density |
| Price |
Predictive Modules for Global Ship
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Ship Lease. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Ship's 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.
Global Ship Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Ship is not an exception. The market had few large corrections towards the Global Ship's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Global Ship Lease, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Ship within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 0.59 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | 0.02 |
Global Ship Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Global Ship for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Ship Lease can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Ship Lease is unlikely to experience financial distress in the next 2 years | |
| The company has 812.43 M in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. Global Ship Lease has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Global Ship until it has trouble settling it off, either with new capital or with free cash flow. So, Global Ship's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Ship Lease sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Ship's use of debt, we should always consider it together with cash and equity. | |
| On 6th of March 2024 Global Ship paid $ 0.375 per share dividend to its current shareholders | |
| Latest headline from investors.com: Global Ship Lease Stock Sees Relative Strength Rating Sails Higher |
Global Ship Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Global Stock often depends not only on the future outlook of the current and potential Global Ship's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Global Ship's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.9 M | |
| Cash And Short Term Investments | 209.4 M |
Global Ship Technical Analysis
Global Ship's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Ship Lease. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Ship Predictive Forecast Models
Global Ship's time-series forecasting models is one of many Global Ship's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Global Ship's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Global Ship Lease
Checking the ongoing alerts about Global Ship for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Ship Lease help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Ship Lease is unlikely to experience financial distress in the next 2 years | |
| The company has 812.43 M in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. Global Ship Lease has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Global Ship until it has trouble settling it off, either with new capital or with free cash flow. So, Global Ship's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Ship Lease sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Ship's use of debt, we should always consider it together with cash and equity. | |
| On 6th of March 2024 Global Ship paid $ 0.375 per share dividend to its current shareholders | |
| Latest headline from investors.com: Global Ship Lease Stock Sees Relative Strength Rating Sails Higher |
Check out Global Ship Backtesting, Global Ship Valuation, Global Ship Correlation, Global Ship Hype Analysis, Global Ship Volatility, Global Ship History as well as Global Ship Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.