Globus Maritime Stock Probability of Future Stock Price Finishing Over 1.55

GLBS Stock  USD 1.60  0.15  10.34%   
Globus Maritime's future price is the expected price of Globus Maritime instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Globus Maritime performance during a given time horizon utilizing its historical volatility. Check out Globus Maritime Backtesting, Globus Maritime Valuation, Globus Maritime Correlation, Globus Maritime Hype Analysis, Globus Maritime Volatility, Globus Maritime History as well as Globus Maritime Performance.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.
  
Price Earnings Ratio is likely to gain to 10.86 in 2024, whereas Price To Sales Ratio is likely to drop 1.41 in 2024. Please specify Globus Maritime's target price for which you would like Globus Maritime odds to be computed.

Globus Maritime Target Price Odds to finish over 1.55

The tendency of Globus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 1.55  in 90 days
 1.60 90 days 1.55 
about 77.34
Based on a normal probability distribution, the odds of Globus Maritime to stay above $ 1.55  in 90 days from now is about 77.34 (This Globus Maritime probability density function shows the probability of Globus Stock to fall within a particular range of prices over 90 days) . Probability of Globus Maritime price to stay between $ 1.55  and its current price of $1.6 at the end of the 90-day period is about 8.19 .
Given the investment horizon of 90 days Globus Maritime has a beta of 0.9. This usually indicates Globus Maritime market returns are related to returns on the market. As the market goes up or down, Globus Maritime is expected to follow. Additionally Globus Maritime has an alpha of 0.0088, implying that it can generate a 0.00879 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Globus Maritime Price Density   
       Price  

Predictive Modules for Globus Maritime

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globus Maritime. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.081.635.70
Details
Intrinsic
Valuation
LowRealHigh
0.102.046.11
Details
Naive
Forecast
LowNextHigh
0.031.615.68
Details
1 Analysts
Consensus
LowTargetHigh
3.193.503.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globus Maritime. Your research has to be compared to or analyzed against Globus Maritime's peers to derive any actionable benefits. When done correctly, Globus Maritime'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 Globus Maritime.

Globus Maritime Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Globus Maritime is not an exception. The market had few large corrections towards the Globus Maritime's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Globus Maritime, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globus Maritime within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.01
β
Beta against Dow Jones0.90
σ
Overall volatility
0.20
Ir
Information ratio -0.0011

Globus Maritime Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Globus Maritime for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globus Maritime can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Globus Maritime may become a speculative penny stock
Globus Maritime had very high historical volatility over the last 90 days
Globus Maritime is unlikely to experience financial distress in the next 2 years
Globus Maritime currently holds about 43.64 M in cash with (4.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 27.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2024

Globus Maritime Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Globus Stock often depends not only on the future outlook of the current and potential Globus Maritime's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Globus Maritime's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding20.6 M
Cash And Short Term Investments74.2 M

Globus Maritime Technical Analysis

Globus Maritime's future price can be derived by breaking down and analyzing its technical indicators over time. Globus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globus Maritime. In general, you should focus on analyzing Globus Stock price patterns and their correlations with different microeconomic environments and drivers.

Globus Maritime Predictive Forecast Models

Globus Maritime's time-series forecasting models is one of many Globus Maritime's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Globus Maritime's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Globus Maritime

Checking the ongoing alerts about Globus Maritime for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globus Maritime help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Globus Maritime may become a speculative penny stock
Globus Maritime had very high historical volatility over the last 90 days
Globus Maritime is unlikely to experience financial distress in the next 2 years
Globus Maritime currently holds about 43.64 M in cash with (4.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 27.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2024

Additional Tools for Globus Stock Analysis

When running Globus Maritime's price analysis, check to measure Globus Maritime'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 Globus Maritime is operating at the current time. Most of Globus Maritime's value examination focuses on studying past and present price action to predict the probability of Globus Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Maritime's price. Additionally, you may evaluate how the addition of Globus Maritime to your portfolios can decrease your overall portfolio volatility.