Global Star Acquisition Stock Probability of Future Stock Price Finishing Under 11.32
| GLSTU Stock | USD 11.32 0.16 1.39% |
Global |
Global Star Target Price Odds to finish below 11.32
The tendency of Global 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 below current price in 90 days |
| 11.32 | 90 days | 11.32 | about 24.59 |
Based on a normal probability distribution, the odds of Global Star to move below current price in 90 days from now is about 24.59 (This Global Star Acquisition probability density function shows the probability of Global Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Global Star Acquisition has a beta of -0.0889. This usually indicates as returns on the benchmark increase, returns on holding Global Star are expected to decrease at a much lower rate. During a bear market, however, Global Star Acquisition is likely to outperform the market. Additionally Global Star Acquisition has an alpha of 0.0266, implying that it can generate a 0.0266 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Global Star Price Density |
| Price |
Predictive Modules for Global Star
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Global Star Acquisition. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Star'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.
Global Star Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Global Star is not an exception. The market had few large corrections towards the Global Star'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 Global Star Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Global Star within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.25 |
Global Star 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 Global Star for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Global Star Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Global Star generated a negative expected return over the last 90 days | |
| Global Star has a very high chance of going through financial distress in the upcoming years | |
| Global Star Acquisition has accumulated 1.61 M in total debt with debt to equity ratio (D/E) of 8.65, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Global Star Acquisition has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Global Star's use of debt, we should always consider it together with its cash and equity. | |
| Global Star Acquisition has accumulated about 209.88 K in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Global Star has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Global Star Acquisition Inc. announces special meeting to extend merger deadline - Investing.com Nigeria |
Global Star 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 Global Stock often depends not only on the future outlook of the current and potential Global Star'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. Global Star's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.7 M | |
| Cash And Short Term Investments | 1.5 M |
Global Star Technical Analysis
Global Star's future price can be derived by breaking down and analyzing its technical indicators over time. Global Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Global Star Acquisition. In general, you should focus on analyzing Global Stock price patterns and their correlations with different microeconomic environments and drivers.
Global Star Predictive Forecast Models
Global Star's time-series forecasting models is one of many Global Star'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 Global Star'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 Global Star Acquisition
Checking the ongoing alerts about Global Star for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Global Star Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Global Star generated a negative expected return over the last 90 days | |
| Global Star has a very high chance of going through financial distress in the upcoming years | |
| Global Star Acquisition has accumulated 1.61 M in total debt with debt to equity ratio (D/E) of 8.65, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Global Star Acquisition has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Global Star's use of debt, we should always consider it together with its cash and equity. | |
| Global Star Acquisition has accumulated about 209.88 K in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Global Star has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Global Star Acquisition Inc. announces special meeting to extend merger deadline - Investing.com Nigeria |
Additional Tools for Global Stock Analysis
When running Global Star's price analysis, check to measure Global Star'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 Global Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.