This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Globalstar. It also helps investors analyze the systematic and unsystematic risks associated with investing in Globalstar over a specified time horizon. Remember, high Globalstar's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Globalstar's market risk premium analysis include:
Please note that although Globalstar alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Globalstar did 0.21 worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Globalstar stock's relative risk over its benchmark. Globalstar has a beta of 2.30 . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Globalstar will likely underperform. At this time, Globalstar's Book Value per Share is comparatively stable as compared to the past year. Price to Book Value is likely to gain to 7.15 in 2024, whereas Enterprise Value is likely to drop slightly above 2.1 B in 2024.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Check out Globalstar Backtesting, Globalstar Valuation, Globalstar Correlation, Globalstar Hype Analysis, Globalstar Volatility, Globalstar History and analyze Globalstar Performance.
Globalstar Market PremiumsInvestors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Globalstar market risk premium is the additional return an investor will receive from holding Globalstar 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 Globalstar. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Globalstar's performance over market.
Globalstar expected buy-and-hold returnsAlthough buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Globalstar's Buy-and-hold return. Our buy-and-hold chart shows how Globalstar performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.
Globalstar Market Price Analysis
Market price analysis indicators help investors to evaluate how Globalstar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globalstar shares will generate the highest return on investment. By understating and applying Globalstar stock market price indicators, traders can identify Globalstar position entry and exit signals to maximize returns.
Globalstar Return and Market MediaThe median price of Globalstar for the period between Sat, Dec 2, 2023 and Fri, Mar 1, 2024 is 1.67 with a coefficient of variation of 9.41. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 1.69, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period.
About Globalstar Beta and Alpha
Globalstar Upcoming Company Events
As portrayed in its financial statements, the presentation of Globalstar's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globalstar's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Globalstar's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Globalstar. Please utilize our Beneish M Score to check the likelihood of Globalstar's management manipulating its earnings.
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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:
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Check out Globalstar Backtesting, Globalstar Valuation, Globalstar Correlation, Globalstar Hype Analysis, Globalstar Volatility, Globalstar History and analyze Globalstar Performance.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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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