Globalstar Stock Price on April 23, 2021

GSAT Stock  USD 1.28  0.02  1.54%   
Below is the normalized historical share price chart for Globalstar extending back to November 02, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Globalstar stands at 1.28, as last reported on the 25th of April, with the highest price reaching 1.31 and the lowest price hitting 1.27 during the day.
IPO Date
2nd of November 2006
200 Day MA
1.421
50 Day MA
1.4314
Beta
0.811
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Globalstar Stock, it is important to understand the factors that can impact its price. Globalstar holds Efficiency (Sharpe) Ratio of -0.0631, which attests that the entity had a -0.0631% return per unit of risk over the last 3 months. Globalstar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globalstar's Standard Deviation of 4.26, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
  
At this time, Globalstar's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.9 B in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (55.6 M). . At this time, Globalstar's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 1.67 in 2024, whereas Price To Book Ratio is likely to drop 4.80 in 2024. Globalstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0631

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Estimated Market Risk

 4.35
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globalstar is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Globalstar by adding Globalstar to a well-diversified portfolio.
Price Book
6.6115
Enterprise Value Ebitda
32.1468
Price Sales
11.1954
Shares Float
747.9 M
Wall Street Target Price
3.96

Globalstar Valuation on April 23, 2021

It is possible to determine the worth of Globalstar on a given historical date. On April 23, 2021 Globalstar was worth 1.27 at the beginning of the trading date compared to the closed value of 1.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globalstar stock. Still, in general, we apply an absolute valuation method to find Globalstar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Globalstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globalstar's related companies.
 Open High Low Close Volume
04/11/2022
  1.27    1.33    1.27    1.29    2,205,400  
  1.30    1.37    1.28    1.32    4,874,900  
Backtest Globalstar  |  Globalstar History  |  Globalstar Valuation Next  
Open Value
1.27
1.29
Closing Value
14.31
Upside

Globalstar Trading Date Momentum on April 23, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Globalstar Fundamentals Correlations and Trends

By evaluating Globalstar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Globalstar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globalstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Globalstar Stock history

Globalstar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Globalstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globalstar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Globalstar stock prices may prove useful in developing a viable investing in Globalstar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.9 B
Net Loss-232.4 M-220.8 M

Globalstar Stock Technical Analysis

Globalstar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Globalstar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globalstar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Globalstar Period Price Range

Low
April 11, 2022
0.02  1.57%
High

 1.27 

     

 1.29 

Globalstar April 25, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globalstar's price direction in advance. Along with the technical and fundamental analysis of Globalstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globalstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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
(0.02)
Revenue Per Share
0.122
Quarterly Revenue Growth
0.269
Return On Assets
0.0023
Return On Equity
(0.07)
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.