Global Partners Stock Forecast - Price Action Indicator
| GLP Stock | USD 47.67 0.08 0.17% |
Global Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Global Partners stock prices and determine the direction of Global Partners LP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Global Partners' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Global Partners' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Global Partners' systematic risk associated with finding meaningful patterns of Global Partners fundamentals over time.
Check out Historical Fundamental Analysis of Global Partners to cross-verify your projections. Global |
Open Interest Against 2024-05-17 Global Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Global Partners' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Global Partners' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Global Partners stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Global Partners' open interest, investors have to compare it to Global Partners' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Global Partners is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Global. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Global Partners cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Global Partners' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Global Partners' price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.11 | (0.01) |
| Check Global Partners Volatility | Backtest Global Partners | Information Ratio |
Global Partners Trading Date Momentum
| On May 06 2024 Global Partners LP was traded for 47.67 at the closing time. Highest Global Partners's price during the trading hours was 47.93 and the lowest price during the day was 47.35 . There was no trading activity during the period 0.0. Lack of trading volume on the 6th of May did not cause price change. The overall trading delta to current price is 0.17% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Global Partners to competition |
Other Forecasting Options for Global Partners
For every potential investor in Global, whether a beginner or expert, Global Partners' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Global Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Global. Basic forecasting techniques help filter out the noise by identifying Global Partners' price trends.Global Partners 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 Global Partners stock to make a market-neutral strategy. Peer analysis of Global Partners could also be used in its relative valuation, which is a method of valuing Global Partners by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Global Partners LP Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Global Partners' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Global Partners' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Global Partners Market Strength Events
Market strength indicators help investors to evaluate how Global Partners stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Partners shares will generate the highest return on investment. By undertsting and applying Global Partners stock market strength indicators, traders can identify Global Partners LP entry and exit signals to maximize returns.
Global Partners Risk Indicators
The analysis of Global Partners' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Global Partners' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting global stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.87 | |||
| Downside Variance | 3.85 | |||
| Semi Variance | 3.33 | |||
| Expected Short fall | (1.45) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Global Partners to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Global Stock analysis
When running Global Partners' price analysis, check to measure Global Partners' 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 Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.
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Is Global Partners' 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 Partners. 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 Partners 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 (0.08) | Dividend Share 2.715 | Earnings Share 3.76 | Revenue Per Share 485.492 | Quarterly Revenue Growth (0) |
The market value of Global Partners LP 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 Partners' value that differs from its market value or its book value, called intrinsic value, which is Global Partners' 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 Partners' market value can be influenced by many factors that don't directly affect Global Partners' 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 Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Partners' 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.