Global Partners Lp Stock Technical Analysis

GLP Stock  USD 45.41  0.28  0.61%   
As of the 17th of April 2024, Global Partners retains the Downside Deviation of 1.98, market risk adjusted performance of 0.4959, and Risk Adjusted Performance of 0.0499. Global Partners technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Global Partners LP, which can be compared to its competitors. Please check out Global Partners LP standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Global Partners is priced fairly, providing market reflects its last-minute price of 45.41 per share. Given that Global Partners LP has jensen alpha of 0.1176, we strongly advise you to confirm Global Partners LP's regular market performance to make sure the company can sustain itself at a future point.

Global Partners Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Global, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Global
  
Global Partners' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Global Partners Analyst Consensus

Target PriceAdvice# of Analysts
40.0Buy2Odds
Global Partners LP current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Global analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Global stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Global Partners LP, talking to its executives and customers, or listening to Global conference calls.
Global Analyst Advice Details
Global Partners 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 Global Partners technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Partners 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...

Global Partners LP Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Global Partners LP volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Global Partners LP Trend Analysis

Use this graph to draw trend lines for Global Partners LP. You can use it to identify possible trend reversals for Global Partners as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Global Partners price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Global Partners Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Global Partners LP applied against its price change over selected period. The best fit line has a slop of    , which may imply that Global Partners LP will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.39, which is the sum of squared deviations for the predicted Global Partners price change compared to its average price change.

About Global Partners Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Global Partners LP on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Global Partners LP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Global Partners LP price pattern first instead of the macroeconomic environment surrounding Global Partners LP. By analyzing Global Partners's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Global Partners's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Global Partners specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.08510.10.08
Price To Sales Ratio0.06250.08710.0459

Global Partners April 17, 2024 Technical Indicators

Most technical analysis of Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Global from various momentum indicators to cycle indicators. When you analyze Global charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Global Partners April 17, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Global stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Global Partners LP 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 Global 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 Global Partners Lp Stock. Highlighted below are key reports to facilitate an investment decision about Global Partners Lp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Partners LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Global Stock analysis

When running Global Partners' price analysis, check to measure Global Partners' 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 Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.
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Is Global Partners' 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 Global Partners. If investors know Global 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 Global Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
2.715
Earnings Share
3.76
Revenue Per Share
485.492
Quarterly Revenue Growth
(0)
The market value of Global Partners LP is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Partners' value that differs from its market value or its book value, called intrinsic value, which is Global Partners' 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 Global Partners' market value can be influenced by many factors that don't directly affect Global Partners' 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 Global Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Partners' 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.