Globus Medical Performance

GMED -- USA Stock  

Quarterly Earning Report: November 14, 2019  

On a scale of 0 to 100 Globus Medical holds performance score of 11. The company retains Market Volatility (i.e. Beta) of 0.6921 which attests that as returns on market increase, Globus Medical returns are expected to increase less than the market. However during bear market, the loss on holding Globus Medical will be expected to be smaller as well. Although it is vital to follow to Globus Medical current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Globus Medical technical indicators you can presently evaluate if the expected return of 0.2907% will be sustainable into the future. Please utilizes Globus Medical Semi Variance, Rate Of Daily Change and the relationship between Value At Risk and Kurtosis to make a quick decision on weather Globus Medical current trending patterns will revert.
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Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Globus Medical are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days. In spite of rather unsteady fundamental drivers, Globus Medical exhibited solid returns over the last few months and may actually be approaching a breakup point.
Quick Ratio4.72
Fifty Two Week Low38.01
Target High Price62.00
Fifty Two Week High57.83
Target Low Price45.00
Horizon     30 Days    Login   to change

Globus Medical Relative Risk vs. Return Landscape

If you would invest  4,268  in Globus Medical on September 18, 2019 and sell it today you would earn a total of  824.00  from holding Globus Medical or generate 19.31% return on investment over 30 days. Globus Medical is currently generating 0.2907% of daily expected returns and assumes 1.7329% risk (volatility on return distribution) over the 30 days horizon. In different words, 15% of equities are less volatile than Globus Medical and 95% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Globus Medical is expected to generate 1.76 times more return on investment than the market. However, the company is 1.76 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The DOW is currently generating roughly -0.01 per unit of risk.

Globus Medical Market Risk Analysis

Sharpe Ratio = 0.1678
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Globus Medical Relative Performance Indicators

Estimated Market Risk
 1.73
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 0.29
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.17
  actual daily
 
 11 %
of total potential
 
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Based on monthly moving average Globus Medical is performing at about 11% of its full potential. 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 Globus Medical by adding it to a well-diversified portfolio.

Globus Medical Alerts

Equity Alerts and Improvement Suggestions

Over 92.0% of the company shares are owned by institutional investors
Latest headline from www.streetinsider.com: Globus Medical Schedules Third Quarter 2019 Earnings Release and Conference Call - StreetInsider.com
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