Globalstar Stock Probability of Future Stock Price Finishing Over 1.25
| GSAT Stock | USD 1.25 0.06 5.04% |
Closest to current price Globalstar long CALL Option Payoff at Expiration
Globalstar |
Globalstar Target Price Odds to finish over 1.25
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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1.25 | 90 days | 1.25 | about 22.51 |
Based on a normal probability distribution, the odds of Globalstar to move above the current price in 90 days from now is about 22.51 (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 Globalstar has a beta of 0.33. This usually indicates as returns on the market go up, Globalstar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Globalstar will be expected to be much smaller as well. Additionally Globalstar has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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 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 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.
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 Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.04 |
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 generated a negative expected return over the last 90 days | |
| Globalstar may become a speculative penny stock | |
| Globalstar has high historical volatility and very poor performance | |
| Globalstar currently holds 392.55 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. Note, when we think about Globalstar's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 223.81 M. Net Loss for the year was (24.72 M) with profit before overhead, payroll, taxes, and interest of 83.48 M. | |
| About 60.0% of Globalstar shares are held by company insiders | |
| Latest headline from finance.yahoo.com: The Rise of 5G NTN Market A 31.7 billion Industry Dominated by Tech Giants - Keysight Technologies, EchoStar Corporation, Globalstar MarketsandMarkets |
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 Outstanding | 1.8 B | |
| Cash And Short Term Investments | 56.7 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 generated a negative expected return over the last 90 days | |
| Globalstar may become a speculative penny stock | |
| Globalstar has high historical volatility and very poor performance | |
| Globalstar currently holds 392.55 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. Note, when we think about Globalstar's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 223.81 M. Net Loss for the year was (24.72 M) with profit before overhead, payroll, taxes, and interest of 83.48 M. | |
| About 60.0% of Globalstar shares are held by company insiders | |
| Latest headline from finance.yahoo.com: The Rise of 5G NTN Market A 31.7 billion Industry Dominated by Tech Giants - Keysight Technologies, EchoStar Corporation, Globalstar MarketsandMarkets |
Additional 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.