Globus Medical Performance

GMED -- USA Stock  

Fiscal Quarter End: December 31, 2019  

On a scale of 0 to 100 Globus Medical holds performance score of 12. The company retains Market Volatility (i.e. Beta) of 0.8954 which attests that Globus Medical returns are very sensitive to returns on the market. as market goes up or down, Globus Medical is expected to follow. Although it is extremely important to respect Globus Medical current price history, it is better to be realistic regarding the information on 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 0.2448% will be sustainable into the future. Please utilizes Globus Medical Value At Risk, and the relationship between Jensen Alpha and Semi Variance to make a quick decision on weather Globus Medical current trending patterns will revert.
1212

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Globus Medical are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days. In spite of rather abnormal fundamental drivers, Globus Medical exhibited solid returns over the last few months and may actually be approaching a breakup point.
Quick Ratio4.58
Fifty Two Week Low38.01
Target High Price65.00
Fifty Two Week High57.22
Target Low Price53.00
Horizon     30 Days    Login   to change

Globus Medical Relative Risk vs. Return Landscape

If you would invest  4,904  in Globus Medical on November 8, 2019 and sell it today you would earn a total of  814.00  from holding Globus Medical or generate 16.6% return on investment over 30 days. Globus Medical is currently generating 0.2448% of daily expected returns and assumes 1.2979% risk (volatility on return distribution) over the 30 days horizon. In different words, 11% of equities are less volatile than Globus Medical and 96% 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 2.13 times more return on investment than the market. However, the company is 2.13 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of risk.

Globus Medical Market Risk Analysis

Sharpe Ratio = 0.1886
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Globus Medical Relative Performance Indicators

Estimated Market Risk
 1.3
  actual daily
 
 11 %
of total potential
 
1111
Expected Return
 0.24
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.19
  actual daily
 
 12 %
of total potential
 
1212
Based on monthly moving average Globus Medical is performing at about 12% 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 dxcnews.com: Weve Only Just Begun Euronet Worldwide, Inc. , Globus Medical, Inc. - DXC News
Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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