Globalstar Stock Probability of Future Stock Price Finishing Over 1.65

GSAT Stock  USD 1.65  0.04  2.48%   
Globalstar's implied volatility is one of the determining factors in the pricing options written on Globalstar. Implied volatility approximates the future value of Globalstar based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Globalstar over a specific time period. For example, 2024-03-01 CALL at $1.5 is a CALL option contract on Globalstar's common stock with a strick price of 1.5 expiring on 2024-03-01. The contract was last traded on 2024-02-23 at 14:42:08 for $0.18 and, as of today, has 4 days remaining before the expiration. The option is currently trading at a bid price of $0.16, and an ask price of $0.19. The implied volatility as of the 26th of February is 103.73. View All Globalstar options

Closest to current price Globalstar long CALL Option Payoff at Expiration

Globalstar's future price is the expected price of Globalstar instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Globalstar performance during a given time horizon utilizing its historical volatility. Check out Globalstar Backtesting, Globalstar Valuation, Globalstar Correlation, Globalstar Hype Analysis, Globalstar Volatility, Globalstar History as well as Globalstar Performance.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
  
Price to Book Value is likely to gain to 7.15 in 2024, whereas Price to Earnings Ratio is likely to drop (9.23) in 2024. Please specify Globalstar's target price for which you would like Globalstar odds to be computed.

Globalstar Target Price Odds to finish over 1.65

The tendency of Globalstar 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 1.65 90 days 1.65 
about 57.0
Based on a normal probability distribution, the odds of Globalstar to move above the current price in 90 days from now is about 57.0 (This Globalstar probability density function shows the probability of Globalstar Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.12 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Globalstar will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Globalstar is significantly underperforming NYSE Composite.
   Globalstar Price Density   
       Price  

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
0.081.665.14
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 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Globalstar is not an exception. The market had few large corrections towards the Globalstar'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 Globalstar, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globalstar within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.08
β
Beta against NYSE Composite2.12
σ
Overall volatility
0.17
Ir
Information ratio 0.03

Globalstar 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 Globalstar for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globalstar can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Globalstar may become a speculative penny stock
Globalstar had very high historical volatility over the last 90 days
The company currently holds 162.5 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Globalstar has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Globalstar until it has trouble settling it off, either with new capital or with free cash flow. So, Globalstar'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 Globalstar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Globalstar to invest in growth at high rates of return. When we think about Globalstar's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 212.71 M. Net Loss for the year was (14.97 M) with profit before overhead, payroll, taxes, and interest of 83.48 M.
Globalstar has a poor financial position based on the latest SEC disclosures
About 60.0% of Globalstar shares are held by company insiders
Latest headline from businesswire.com: Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization Solution Being Deployed by Major Global Retailer

Globalstar 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 Globalstar Stock often depends not only on the future outlook of the current and potential Globalstar'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. Globalstar's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.8 B
Cash And Short Term Investments32.1 M

Globalstar Technical Analysis

Globalstar's future price can be derived by breaking down and analyzing its technical indicators over time. Globalstar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globalstar. In general, you should focus on analyzing Globalstar Stock price patterns and their correlations with different microeconomic environments and drivers.

Globalstar Predictive Forecast Models

Globalstar's time-series forecasting models is one of many Globalstar'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 Globalstar'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 Globalstar

Checking the ongoing alerts about Globalstar for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globalstar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Globalstar may become a speculative penny stock
Globalstar had very high historical volatility over the last 90 days
The company currently holds 162.5 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Globalstar has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Globalstar until it has trouble settling it off, either with new capital or with free cash flow. So, Globalstar'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 Globalstar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Globalstar to invest in growth at high rates of return. When we think about Globalstar's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 212.71 M. Net Loss for the year was (14.97 M) with profit before overhead, payroll, taxes, and interest of 83.48 M.
Globalstar has a poor financial position based on the latest SEC disclosures
About 60.0% of Globalstar shares are held by company insiders
Latest headline from businesswire.com: Globalstar Announces Commercial Availability of XCOM RAN Multipoint Radio System for Private Network Wireless Optimization Solution Being Deployed by Major Global Retailer
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 Backtesting, Globalstar Valuation, Globalstar Correlation, Globalstar Hype Analysis, Globalstar Volatility, Globalstar History as well as Globalstar Performance.
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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.
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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.