Globalstar Stock Forecast - Simple Moving Average

GSAT Stock  USD 1.45  0.29  16.67%   
Globalstar Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Globalstar stock prices and determine the direction of Globalstar's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Globalstar historical fundamentals such as revenue growth or operating cash flow patterns. Although Globalstar naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Globalstar systematic risk associated with finding meaningful patterns of Globalstar fundamentals over time.
Check out Historical Fundamental Analysis of Globalstar to cross-verify your projections.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
  
At this time, Globalstar's PPandE Turnover is comparatively stable as compared to the past year. Accounts Payable Turnover is likely to gain to 28.58 in 2024, whereas Accrued Expenses Turnover is likely to drop 3.09 in 2024. . Issuance Purchase of Equity Shares is likely to gain to about 848.9 K in 2024, whereas Weighted Average Shares is likely to drop slightly above 1.8 B in 2024.

Open Interest Against 2024-03-01 Globalstar Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Globalstar's 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 Globalstar's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Globalstar stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Globalstar's open interest, investors have to compare it to Globalstar's 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 Globalstar 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 Globalstar. 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 Globalstar 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 Globalstar's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Globalstar's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Globalstar is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Globalstar Simple Moving Average Price Forecast For the 29th of February

Given 90 days horizon, the Simple Moving Average forecasted value of Globalstar on the next trading day is expected to be 1.59 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.46.
Please note that although there have been many attempts to predict Globalstar Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Globalstar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Globalstar Stock Forecast Pattern

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Globalstar Forecasted Value

In the context of forecasting Globalstar's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Globalstar's downside and upside margins for the forecasting period are 0.01 and 5.73, respectively. We have considered Globalstar's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
1.45
1.59
Expected Value
5.73
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Globalstar stock data series using in forecasting. Note that when a statistical model is used to represent Globalstar stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria109.2289
BiasArithmetic mean of the errors 4.0E-4
MADMean absolute deviation0.0587
MAPEMean absolute percentage error0.0344
SAESum of the absolute errors3.465
The simple moving average model is conceptually a linear regression of the current value of Globalstar price series against current and previous (unobserved) value of Globalstar. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Predictive Modules for Globalstar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globalstar. Regardless of method or technology, however, to accurately forecast the stock or bond 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, 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
0.071.455.55
Details
Intrinsic
Valuation
LowRealHigh
0.112.136.23
Details
5 Analysts
Consensus
LowTargetHigh
3.974.364.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0025-0.0007-0.0025
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.

Other Forecasting Options for Globalstar

For every potential investor in Globalstar, whether a beginner or expert, Globalstar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Globalstar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Globalstar. Basic forecasting techniques help filter out the noise by identifying Globalstar's price trends.

Globalstar 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 Globalstar stock to make a market-neutral strategy. Peer analysis of Globalstar could also be used in its relative valuation, which is a method of valuing Globalstar by comparing valuation metrics with similar companies.
Ubisoft EntertainmentBBB FoodsBeyond MeatTyson FoodsDave Busters EntertaNeogamesSASunOptaSnail Class AAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health Corp
 Risk & Return  Correlation

Globalstar 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 Globalstar's 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 Globalstar's current price.

Globalstar Market Strength Events

Market strength indicators help investors to evaluate how Globalstar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globalstar shares will generate the highest return on investment. By undertsting and applying Globalstar stock market strength indicators, traders can identify Globalstar entry and exit signals to maximize returns.

Globalstar Risk Indicators

The analysis of Globalstar's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Globalstar's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Globalstar stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Globalstar Implied Volatility

    
  224.48  
Globalstar's implied volatility exposes the market's sentiment of Globalstar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Globalstar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Globalstar stock will not fluctuate a lot when Globalstar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globalstar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globalstar's short interest history, or implied volatility extrapolated from Globalstar options trading.

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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 Historical Fundamental Analysis of Globalstar to cross-verify your projections.
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.
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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.