Globalstar Stock Price on September 27, 2023
| GSAT Stock | USD 1.47 0.01 0.68% |
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 1.47, as last reported on the 8th of December, with the highest price reaching 1.47 and the lowest price hitting 1.42 during the day.
If you're considering investing in Globalstar Stock, it is important to understand the factors that can impact its stock price. We consider Globalstar risky. Globalstar holds Efficiency (Sharpe) Ratio of 0.0118, which attests that the entity had 0.0118% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Globalstar, which you can use to evaluate the future volatility of the firm. Please check out Globalstar Risk Adjusted Performance of 0.0088, market risk adjusted performance of 0.0068, and Downside Deviation of 3.28 to validate if the risk estimate we provide is consistent with the expected return of 0.0364%.
Net Income Common Stock is likely to drop to about (278.6 M) in 2023. Price to Book Value is likely to drop to 7.55 in 2023. Price to Earnings Ratio is likely to drop to -10.25 in 2023. Globalstar Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of November 2006 | 200 Day MA 1.1927 | 50 Day MA 1.3824 | Beta 0.395 |
Globalstar |
Sharpe Ratio = 0.0118
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GSAT |
Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 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 7.1939 | Enterprise Value Ebitda 34.4329 | Price Sales 13.1309 | Shares Float 742.1 M | Wall Street Target Price 4.13 |
Globalstar Valuation on September 27, 2023
It is possible to determine the worth of Globalstar on a given historical date. On September 27, 2023 Globalstar was worth 1.24 at the beginning of the trading date compared to the closed value of 1.22. 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 | |
| 1.27 | 1.29 | 1.24 | 1.24 | 2,926,500 | |
09/27/2023 | 1.24 | 1.28 | 1.21 | 1.22 | 4,207,494 |
| 1.21 | 1.24 | 1.21 | 1.23 | 2,420,446 |
| Backtest Globalstar | | | Globalstar History | | | Globalstar Valuation | Previous | Next |
Globalstar Trading Date Momentum on September 27, 2023
| On September 28 2023 Globalstar was traded for 1.23 at the closing time. The top price for the day was 1.24 and the lowest listed price was 1.21 . The trading volume for the day was 2.4 M. The trading history from September 28, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.82% . The overall trading delta against the current closing price is 7.38% . |
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 Reported | Projected for 2023 | ||
| Weighted Average Shares | 1.8 B | 1.6 B | |
| Weighted Average Shares Diluted | 1.8 B | 1.7 B | |
| Issuance Purchase of Equity Shares | 919 K | 943.2 K |
Globalstar Quarterly Net Working Capital |
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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.
Price Boundaries
Globalstar Period Price Range
Low | September 27, 2023 | High |
1.24 | 1.22 |
| -0.02 | -1.61% |
Globalstar December 8, 2023 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
| Accumulation Distribution | 230097.0 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1.25 | |||
| Day Typical Price | 1.24 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | 0.25 |
Globalstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globalstar stock's 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 stock 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.
| Risk Adjusted Performance | 0.0088 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.