Global Crossing Airlines Stock Today
| JETMF Stock | USD 0.52 0.03 5.45% |
Performance3 of 100
| Odds Of DistressOver 75
|
Global Crossing is trading at 0.52 as of the 23rd of April 2024. This is a -5.45 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.51. Global Crossing has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Global Crossing Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Global Crossing Airlines Group Inc. operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. Global Crossing operates under Airlines classification in the United States and is traded on OTC Exchange. The company has 31.7 M outstanding shares of which 1.18 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions. More on Global Crossing Airlines
Moving against Global OTC Stock
| 0.59 | GOOD | Gladstone Commercial Financial Report 1st of May 2024 | PairCorr |
Global OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Global Crossing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Global Crossing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Stanley Gadek |
| Thematic Idea | Airlines (View all Themes) |
| Business Concentration | Airlines, Airlines, Industrials (View all Sectors) |
Global Crossing Airlines [JETMF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 42.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Global Crossing's market, we take the total number of its shares issued and multiply it by Global Crossing's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Global Crossing Airlines classifies itself under Industrials sector and is part of Airlines industry. The entity has 31.7 M outstanding shares of which 1.18 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions.
Global Crossing Airlines has accumulated about 1.52 M in cash with (8.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Global Crossing Probability Of Bankruptcy
Ownership AllocationGlobal Crossing secures a total of 31.7 Million outstanding shares. Global Crossing secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Global Ownership Details
Global Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Global Crossing jumping above the current price in 90 days from now is about 70.92%. The Global Crossing Airlines probability density function shows the probability of Global Crossing otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Global Crossing Airlines has a beta of -1.4142. This indicates as returns on its benchmark rise, returns on holding Global Crossing Airlines are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Global Crossing is expected to outperform its benchmark. Additionally, global Crossing Airlines has an alpha of 0.1861, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Global Crossing to move above the current price in 90 days from now is about 70.92 (This Global Crossing Airlines probability density function shows the probability of Global OTC Stock to fall within a particular range of prices over 90 days) .
Global Crossing Airlines Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Global Crossing market risk premium is the additional return an investor will receive from holding Global Crossing long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global Crossing. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Global Crossing's alpha and beta are two of the key measurements used to evaluate Global Crossing's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.16 | |||
| Semi Deviation | 3.68 | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.22 |
Global Stock Against Markets
Picking the right benchmark for Global Crossing otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Global Crossing otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Global Crossing is critical whether you are bullish or bearish towards Global Crossing Airlines at a given time. Please also check how Global Crossing's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Global Crossing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Global Crossing Corporate Directors
Global Crossing corporate directors refer to members of a Global Crossing board of directors. The board of directors generally takes responsibility for the Global Crossing's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Global Crossing's board members must vote for the resolution. The Global Crossing board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Saad Hammad | Independent Director | Profile | |
| Jason Grant | Independent Director | Profile | |
| Rejean Bourque | Director | Profile | |
| Deborah Robinson | Director | Profile |
How to buy Global OTC Stock?
Before investing in Global Crossing, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Global Crossing. To buy Global Crossing stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Global Crossing. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Global Crossing stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Global Crossing Airlines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Global Crossing Airlines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Global Crossing Airlines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Global Crossing Airlines?
The danger of trading Global Crossing Airlines is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Global Crossing is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Global Crossing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Global Crossing Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Crossing Airlines. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Global OTC Stock analysis
When running Global Crossing's price analysis, check to measure Global Crossing'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 Global Crossing is operating at the current time. Most of Global Crossing's value examination focuses on studying past and present price action to predict the probability of Global Crossing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Crossing's price. Additionally, you may evaluate how the addition of Global Crossing to your portfolios can decrease your overall portfolio volatility.
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