GLOBAL Stock Performance

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GLOBOFFS -- India Stock  

INR 5.70  0.30  5.56%

GLOBAL OFFSHORE holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e. Beta) of 1.0533, which attests to somewhat significant risk relative to the market. Let's try to break down what GLOBAL's beta means in this case. GLOBAL OFFSHORE returns are very sensitive to returns on the market. As the market goes up or down, GLOBAL OFFSHORE is expected to follow. Although it is vital to follow to GLOBAL OFFSHORE SE current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. Our approach towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if GLOBAL OFFSHORE SE expected return of 1.11 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use GLOBAL OFFSHORE SE standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to analyze future returns on GLOBAL OFFSHORE SE.

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GLOBAL OFFSHORE Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in GLOBAL OFFSHORE SE are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days. In spite of rather weak fundamental drivers, GLOBAL OFFSHORE exhibited solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low2.65
Fifty Two Week High9.90

GLOBAL OFFSHORE Relative Risk vs. Return Landscape

If you would invest  350.00  in GLOBAL OFFSHORE SE on June 8, 2020 and sell it today you would earn a total of  220.00  from holding GLOBAL OFFSHORE SE or generate 62.86% return on investment over 30 days. GLOBAL OFFSHORE SE is generating 1.113% of daily returns and assumes 5.927% volatility on return distribution over the 30 days horizon. Simply put, 51% of equities are less volatile than GLOBAL OFFSHORE and 80% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 30 trading days horizon, GLOBAL OFFSHORE is expected to generate 3.23 times more return on investment than the market. However, the company is 3.23 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 0.09 per unit of risk.

GLOBAL OFFSHORE Market Risk Analysis

Sharpe Ratio = 0.1878
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GLOBAL OFFSHORE Stock Performance Indicators

Estimated Market Risk
 5.93
  actual daily
 
 51 %
of total potential
 
5151
Expected Return
 1.11
  actual daily
 
 20 %
of total potential
 
2020
Risk-Adjusted Return
 0.19
  actual daily
 
 12 %
of total potential
 
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Based on monthly moving average GLOBAL OFFSHORE 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 GLOBAL OFFSHORE by adding it to a well-diversified portfolio.

About GLOBAL OFFSHORE Performance

To evaluate GLOBAL OFFSHORE SE Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when GLOBAL OFFSHORE generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare GLOBAL's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand GLOBAL OFFSHORE SE stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents GLOBAL's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.
Global Offshore Services Limited engages in the charter of offshore support vessels in India, the North Sea, Brazil, and West Africa. Global Offshore Services Limited was incorporated in 1976 and is based in Mumbai, India. GLOBAL OFFSHORE operates under Marine Shipping classification in India and is traded on National Stock Exchange of India.

GLOBAL OFFSHORE Alerts

Equity Alerts and Improvement Suggestions

GLOBAL OFFSHORE SE appears to be very risky and stock price may revert if volatility continues
GLOBAL OFFSHORE SE has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 11.15 B in total debt with debt to equity ratio (D/E) of 265.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. GLOBAL OFFSHORE SE has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 1.24 B. Net Loss for the year was (4.66 B) with loss before overhead, payroll, taxes, and interest of (590.74 M).
About 46.0% of GLOBAL OFFSHORE shares are held by company insiders
Please check Risk vs Return Analysis. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page