Globalstar Stock Market Value

GSAT Stock  USD 1.39  0.09  6.08%   
Globalstar's market value is the price at which a share of Globalstar stock trades on a public exchange. It measures the collective expectations of Globalstar investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Globalstar and determine expected loss or profit from investing in Globalstar over a given investment horizon.
Check out Globalstar Correlation, Globalstar Volatility and Globalstar Alpha and Beta module to complement your research on Globalstar.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Symbol

Globalstar Valuation

Is Globalstar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globalstar. If investors know Globalstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.122
Quarterly Revenue Growth
0.269
Return On Assets
0.0001
Return On Equity
(0.07)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globalstar's market value can be influenced by many factors that don't directly affect Globalstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Globalstar 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Globalstar's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Globalstar.
0.00
01/09/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
03/04/2024
0.00
If you would invest  0.00  in Globalstar on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Globalstar or generate 0.0% return on investment in Globalstar over 420 days. Globalstar is related to or competes with Melco Resorts, Cementos Pacasmayo, Portillos, LS Starrett, BJs Restaurants, Kura Sushi, and Dream Finders. Globalstar, Inc. provides mobile satellite services worldwide More

Globalstar Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Globalstar's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Globalstar upside and downside potential and time the market with a certain degree of confidence.

Globalstar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Globalstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Globalstar's standard deviation. In reality, there are many statistical measures that can use Globalstar historical prices to predict the future Globalstar's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Globalstar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Globalstar in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.071.485.76
Details
Intrinsic
Valuation
LowRealHigh
0.112.146.42
Details
Naive
Forecast
LowNextHigh
0.031.255.53
Details
5 Analysts
Consensus
LowTargetHigh
3.974.364.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globalstar. Your research has to be compared to or analyzed against Globalstar's peers to derive any actionable benefits. When done correctly, Globalstar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Globalstar.

Globalstar Backtested Returns

Globalstar holds Efficiency (Sharpe) Ratio of -0.0092, which attests that the entity had -0.0092% return per unit of risk over the last 3 months. Our standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Globalstar exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Globalstar's Risk Adjusted Performance of 0.0066, market risk adjusted performance of (0.000012), and Standard Deviation of 4.14 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.25, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Globalstar will likely underperform. Even though it is essential to pay attention to Globalstar current price history, it is always good to be careful when utilizing equity current price movements. Globalstar has an expected return of -0.0399%. Please make sure to check out Globalstar jensen alpha, skewness, as well as the relationship between the Skewness and day median price to decide if Globalstar performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.3  

Weak reverse predictability

Globalstar has weak reverse predictability. Overlapping area represents the amount of predictability between Globalstar time series from 9th of January 2023 to 7th of August 2023 and 7th of August 2023 to 4th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Globalstar price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Globalstar price fluctuation can be explain by its past prices.
Correlation Coefficient-0.3
Spearman Rank Test-0.36
Residual Average0.0
Price Variance0.06

Globalstar lagged returns against current returns

Autocorrelation, which is Globalstar stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Globalstar's stock expected returns. We can calculate the autocorrelation of Globalstar returns to help us make a trade decision. For example, suppose you find that Globalstar stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Globalstar regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Globalstar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Globalstar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Globalstar stock over time.
   Current vs Lagged Prices   
       Timeline  

Globalstar Lagged Returns

When evaluating Globalstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Globalstar stock have on its future price. Globalstar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Globalstar autocorrelation shows the relationship between Globalstar stock current value and its past values and can show if there is a momentum factor associated with investing in Globalstar.
   Regressed Prices   
       Timeline  

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When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock:
Check out Globalstar Correlation, Globalstar Volatility and Globalstar Alpha and Beta module to complement your research on Globalstar.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Globalstar Stock analysis

When running Globalstar's price analysis, check to measure Globalstar'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 Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Globalstar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Globalstar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globalstar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...