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
to make a quick decision on weather Globus Medical current trending patterns will revert.
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.
|Fifty Two Week Low||38.01|
|Target High Price||62.00|
|Fifty Two Week High||57.83|
|Target Low Price||45.00|