The company retains a Market Volatility (i.e., Beta) of -0.6086, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Globus's beta means in this case. As returns on the market increase, returns on owning Globus Maritime are expected to decrease at a much lower rate. During the bear market, Globus Maritime is likely to outperform the market. Even though it is essential to pay attention to
Globus Maritime Limi current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Globus Maritime Limi exposes twenty-one different technical indicators, which can help you to evaluate its performance.
Globus Maritime Limi has an expected return of -0.36%. Please be advised to check out Globus Maritime
standard deviation,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
expected short fall to decide if
Globus Maritime Limi performance from the past will be repeated at some point in the near future.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Globus Maritime income statement, its balance sheet, and the statement of cash flows. Potential Globus Maritime investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may use each financial statement separately, they are all related. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globus Maritime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Globus Maritime
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Globus Maritime performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Globus Maritime shares is the value that is considered the true value of the share. If
the intrinsic value of Globus is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Globus Maritime. Please read more on our
fundamental analysis page.
How effective is Globus Maritime in utilizing its assets?
Globus Maritime reports assets on its Balance Sheet. It represents the amount of Globus resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Globus Maritime aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Marine Transportation space. To get a better handle on how balance sheet or income statements item affect Globus volatility, please check the breakdown of all its
fundamentals.
Are Globus Maritime Earnings Expected to grow?
The
future earnings power of Globus Maritime involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Globus Maritime factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Globus Maritime
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Globus
expected earnings.
Globus Maritime Gross Profit
Globus Maritime Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Globus Maritime previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Globus Maritime Gross Profit growth over the last 10 years. Please check Globus Maritime's
gross profit and other
fundamental indicators for more details.
Breaking down Globus Maritime Further
The firm reported the previous year's revenue of 14.63
M. Net Loss for the year was (9.14
M) with loss before overhead, payroll, taxes, and interest of (653
K).
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Globus Maritime has an asset utilization ratio of 12.74 percent. This connotes that the company is making $0.13 for each dollar of assets. An increasing asset utilization means that Globus Maritime Limi is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets24 M | Assets Non Current85.8 M |
| Current Assets | 24.04 Million | 21.89 |
| Assets Non Current | 85.77 Million | 78.11 |
Possible October correction of Globus?
Coefficient Of Variation just dropped to -717.05, may connote upcoming price decrease. Globus Maritime Limi exhibits very low volatility with skewness of -2.13 and kurtosis of 12.37. However, we advise investors to further study Globus Maritime Limi technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Globus Maritime's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Globus Maritime's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Take On Globus Maritime
While some other firms in the marine shipping industry are either recovering or due for a correction, Globus may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Globus valuation and our trade advice on Globus Maritime is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Globus Maritime.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Globus Maritime. Please refer to our
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