Globalstar Competitors

GSAT Stock  USD 1.65  0.04  2.48%   
Globalstar competes with Rocky Brands, Shoe Carnival, PVH Corp, NH Foods, and Lifevantage; as well as few others. The company conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. Analyzing Globalstar competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Globalstar to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Globalstar Correlation with its peers.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Globalstar competition on your existing holdings.
  
Return on Investment is likely to drop to -49.43 in 2024. Return on Average Assets is likely to drop to -0.37 in 2024. At this time, Globalstar's Total Assets are comparatively stable as compared to the past year. Assets Non Current is likely to gain to about 723.4 M in 2024, whereas Net Current Assets as percentage of Total Assets are likely to drop (12.84) in 2024.
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Globalstar'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. Please use the tools below to analyze the current value of Globalstar in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.081.665.14
Details
Intrinsic
Valuation
LowRealHigh
0.112.275.75
Details
Naive
Forecast
LowNextHigh
0.031.565.04
Details
5 Analysts
Consensus
LowTargetHigh
3.974.364.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globalstar. Your research has to be compared to or analyzed against Globalstar's peers to derive any actionable benefits. When done correctly, Globalstar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Globalstar.

Globalstar Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Globalstar and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Globalstar and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Globalstar does not affect the price movement of the other competitor.
RCKY
SCVL
PVH
NIPMY
LFVN
STKL
RCKY
0.660.360.00.66-0.01
RCKY
SCVL
0.660.780.00.470.28
SCVL
PVH
0.360.780.00.150.73
PVH
NIPMY
0.00.00.00.00.0
NIPMY
LFVN
0.660.470.150.0-0.19
LFVN
STKL
-0.010.280.730.0-0.19
STKL
RCKY
SCVL
PVH
NIPMY
LFVN
STKL
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
PVHSCVL
STKLPVH
SCVLRCKY
LFVNRCKY
LFVNSCVL
PVHRCKY
  
High negative correlations   
STKLLFVN
STKLRCKY
STKLNIPMY
LFVNNIPMY
NIPMYPVH
NIPMYSCVL

Risk-Adjusted Indicators

There is a big difference between Globalstar Stock performing well and Globalstar Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Globalstar's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Globalstar and related stocks such as Rocky Brands, Shoe Carnival, and PVH Corp Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
RCKY7.4 M7.4 M7.4 M7.4 M9.8 M6.6 M(2.1 M)9.6 M14.6 M17.5 M21 M20.6 M20.5 M23.5 M19.6 M
SCVL26.9 M26.9 M26.9 M26.9 M42.9 M42.9 M42.9 M42.9 M42.9 M42.9 M110.1 M110.1 M110.1 M25.5 M26.2 M
PVH439 M439 M439 M439 M439 M417.3 M417.3 M417.3 M417.3 M417.3 M200.4 M200.4 M200.4 M(1.1 B)(1.2 B)
LFVN7.6 M7.6 M7.6 M11.4 M7.1 M6.1 M1.6 M5.8 M7.4 M11.5 M12.9 M3.1 M2.5 M2.3 M2.3 M
STKL(1.2 M)(1.2 M)(1.2 M)(1.2 M)(1.2 M)(1.2 M)(51.2 M)(1.2 M)(1.2 M)(1.2 M)(1.2 M)(1.2 M)(4.8 M)(5.6 M)(6 M)

Globalstar and related stocks such as Rocky Brands, Shoe Carnival, and PVH Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Globalstar financial statement analysis. It represents the amount of money remaining after all of Globalstar operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Globalstar Competitive Analysis

The better you understand Globalstar competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Globalstar's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Globalstar's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GSATRCKYSCVLPVHNIPMYLFVNSTKL
 2.48 
 1.65 
Globalstar
 0.91 
 29.87 
Rocky
 1.82 
 30.83 
Shoe
 0.95 
 135.95 
PVH
 0.00 
 15.10 
NIPMY
 1.17 
 6.73 
Lifevantage
 0.70 
 5.73 
SunOpta
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Current Ratio
Net Asset
Profit Margin
EBITDA
Operating Margin
Current Valuation
Price To Book
Retained Earnings
Current Asset
Five Year Return
Beta
Number Of Employees
Shares Outstanding
Cash Flow From Operations
Annual Yield
Total Debt
Return On Equity
Z Score
Return On Asset
Number Of Shares Shorted
Book Value Per Share
Current Liabilities
Total Asset
Debt To Equity
Short Ratio
Target Price
Last Dividend Paid
Shares Owned By Institutions
Market Capitalization
Price To Earning
Price To Earnings To Growth
Price To Sales
Net Income
Earnings Per Share
Shares Owned By Insiders
Revenue
Working Capital
Cash And Equivalents
Cash Per Share
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Globalstar Competition Performance Charts

Five steps to successful analysis of Globalstar Competition

Globalstar's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Globalstar in relation to its competition. Globalstar's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Globalstar in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Globalstar's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Globalstar, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Globalstar position

In addition to having Globalstar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Insurance Providers Thematic Idea Now

Insurance Providers
Insurance Providers Theme
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock:
Check out Globalstar Correlation with its peers.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Globalstar Stock analysis

When running Globalstar's price analysis, check to measure Globalstar'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 Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is Globalstar'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 Globalstar. If investors know Globalstar 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 Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.01)
Revenue Per Share
0.117
Quarterly Revenue Growth
0.533
Return On Assets
0.0008
Return On Equity
(0.06)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar'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 Globalstar's market value can be influenced by many factors that don't directly affect Globalstar'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 Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar'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.