Globant Sa Stock Probability of Future Stock Price Finishing Over 229.25
| GLOB Stock | USD 229.25 6.56 2.95% |
Globant |
Globant SA Target Price Odds to finish over 229.25
The tendency of Globant 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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 229.25 | 90 days | 229.25 | nearly 4.62 |
Based on a normal probability distribution, the odds of Globant SA to move above the current price in 90 days from now is nearly 4.62 (This Globant SA probability density function shows the probability of Globant Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.25 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Globant SA will likely underperform. Additionally Globant SA has an alpha of 0.0773, implying that it can generate a 0.0773 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Globant SA Price Density |
| Price |
Predictive Modules for Globant SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globant SA. 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.Globant SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Globant SA is not an exception. The market had few large corrections towards the Globant SA'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 Globant SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globant SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 1.25 | |
σ | Overall volatility | 12.66 | |
Ir | Information ratio | 0.04 |
Globant SA 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 Globant SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globant SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Globant SA is unlikely to experience financial distress in the next 2 years | |
| Globant SA has a very strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Globant S.A. Surging Ahead with AI-Powered Solutions and Global Expansion |
Globant SA 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 Globant Stock often depends not only on the future outlook of the current and potential Globant SA'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. Globant SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.6 M | |
| Cash And Short Term Investments | 324.8 M |
Globant SA Technical Analysis
Globant SA's future price can be derived by breaking down and analyzing its technical indicators over time. Globant Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globant SA. In general, you should focus on analyzing Globant Stock price patterns and their correlations with different microeconomic environments and drivers.
Globant SA Predictive Forecast Models
Globant SA's time-series forecasting models is one of many Globant SA'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 Globant SA'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 Globant SA
Checking the ongoing alerts about Globant SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globant SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Globant SA is unlikely to experience financial distress in the next 2 years | |
| Globant SA has a very strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Globant S.A. Surging Ahead with AI-Powered Solutions and Global Expansion |
Check out Globant SA Backtesting, Globant SA Valuation, Globant SA Correlation, Globant SA Hype Analysis, Globant SA Volatility, Globant SA History as well as Globant SA Performance. For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Application Software space 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 Globant SA. If investors know Globant 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 Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.024 | Earnings Share 3.85 | Revenue Per Share 53.121 | Quarterly Revenue Growth 0.181 | Return On Assets 0.0609 |
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA'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 Globant SA's market value can be influenced by many factors that don't directly affect Globant SA'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 Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA'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.