If you're considering investing in Globalstar Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of Globalstar is 1.24, as last reported on the 27th of September, with the highest price reaching 1.29 and the lowest price hitting 1.24 during the day. Globalstar appears to be very risky, given 3 months investment horizon. Globalstar holds Efficiency (Sharpe) Ratio of 0.0891, which attests that the entity had 0.0891% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Globalstar, which you can use to evaluate the future volatility of the firm. Please utilize Globalstar's Downside Deviation of 2.53, market risk adjusted performance of 0.22, and Risk Adjusted Performance of 0.0775 to validate if our risk estimates are consistent with your expectations. Net Income Common Stock is likely to drop to about (278.6 M) in 2023. Price to Book Value is likely to drop to 7.55 in 2023. Price to Earnings Ratio is likely to drop to -10.25 in 2023. Globalstar Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0891
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Globalstar Stock Price History Chart
There are several ways to analyze Globalstar Stock price data. The simplest method is using a basic Globalstar candlestick price chart, which shows Globalstar price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Globalstar September 27, 2023 Stock Price SynopsisVarious analyses of Globalstar stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Globalstar Stock. It can be used to describe the percentage change in the price of Globalstar from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Globalstar Stock. When benchmark price declines in a down market, there may be an uptick in Globalstar Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Globalstar intraday prices and daily technical indicators to check the level of noise trading in Globalstar Stock and then apply it to test your longer-term investment strategies against Globalstar.
Globalstar Stock Price History DataThe price series of Globalstar for the period between Thu, Jun 29, 2023 and Wed, Sep 27, 2023 has a statistical range of 0.55 with a coefficient of variation of 13.02. Under current investment horizon, the daily prices are spread out with arithmetic mean of 1.18. The median price for the last 90 days is 1.09. The company completed 6:1 stock split on 26th of October 2006.
About Globalstar Stock history
Globalstar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Globalstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globalstar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Globalstar stock prices may prove useful in developing a viable investing in Globalstar
Globalstar Stock Technical Analysis
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.
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Globalstar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globalstar stock's direction in advance. Along with the technical and fundamental analysis of Globalstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globalstar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalstar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
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.
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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.