Global Health (Australia) Buy Hold or Sell Recommendation
| GLH Stock | 0.14 0.01 7.69% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Global Health is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Global Health given historical horizon and risk tolerance towards Global Health. When Macroaxis issues a 'buy' or 'sell' recommendation for Global Health, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Global Health Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Global and provide practical buy, sell, or hold advice based on investors' constraints. Global Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Global |
Execute Global Health Buy or Sell Advice
The Global recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Global Health. Macroaxis does not own or have any residual interests in Global Health or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Global Health's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Global Health Trading Alerts and Improvement Suggestions
| Global Health has some characteristics of a very speculative penny stock | |
| Global Health had very high historical volatility over the last 90 days | |
| Global Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.12 M. Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 511.21 K. | |
| Global Health generates negative cash flow from operations | |
| About 78.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: iRhythm Technologies to Present at Citi 2024 Global Healthcare Conference IRTC Stock News - StockTitan |
Global Health Returns Distribution Density
The distribution of Global Health's historical returns is an attempt to chart the uncertainty of Global Health's future price movements. The chart of the probability distribution of Global Health daily returns describes the distribution of returns around its average expected value. We use Global Health price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Global Health returns is essential to provide solid investment advice for Global Health.
| Mean Return | 0.30 | Value At Risk | -7.14 | Potential Upside | 7.69 | Standard Deviation | 3.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Global Health historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Global Health Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (137.7K) | 4.2M | 1.5M | (4.1M) | (177.8K) | (168.9K) | |
| Free Cash Flow | (839.9K) | 675.2K | (2.1M) | (4.4M) | (1.2M) | (1.1M) | |
| Depreciation | 621.3K | 620.9K | 287.8K | 487.7K | 5.9K | 5.6K | |
| Other Non Cash Items | 35.6K | 1.0M | 693.6K | 4.6M | 87.2K | 82.9K | |
| Capital Expenditures | 698.9K | 695.3K | 895.5K | 893.5K | 17.5K | 16.6K | |
| Net Income | (200.1K) | (488.0K) | (2.0M) | (8.1M) | (1.3M) | (1.2M) | |
| End Period Cash Flow | 666.3K | 4.8M | 6.4M | 2.2M | 2.1M | 1.8M | |
| Change To Inventory | (203.4K) | 339.9K | (517.7K) | (333.9K) | (300.6K) | (315.6K) | |
| Net Borrowings | (678.8K) | (515.9K) | (162.4K) | (97.5K) | (87.8K) | (83.4K) | |
| Change To Netincome | 59.0K | 1.1M | 30.5K | 3.9M | 4.5M | 4.7M | |
| Investments | (252.8K) | (428.7K) | (778.9K) | (902.8K) | (1.0M) | (1.1M) |
Global Health Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Global Health or Health Care Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Global Health's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Global stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 3.58 | |
Ir | Information ratio | 0.05 |
Global Health Volatility Alert
Global Health exhibits very low volatility with skewness of -0.22 and kurtosis of 3.52. Global Health is a potential penny stock. Although Global Health may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Global Health. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Global instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Global Health Fundamentals Vs Peers
Comparing Global Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Global Health's direct or indirect competition across all of the common fundamentals between Global Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Global Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Global Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Global Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Global Health to competition |
| Fundamentals | Global Health | Peer Average |
| Return On Equity | -13.59 | -0.31 |
| Return On Asset | -0.25 | -0.14 |
| Profit Margin | (0.15) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 6.94 M | 16.62 B |
| Shares Outstanding | 58.05 M | 571.82 M |
| Shares Owned By Insiders | 77.53 % | 10.09 % |
| Shares Owned By Institutions | 3.10 % | 39.21 % |
| Price To Book | 2.66 X | 9.51 X |
| Price To Sales | 0.92 X | 11.42 X |
| Revenue | 8.12 M | 9.43 B |
| Gross Profit | 511.21 K | 27.38 B |
| EBITDA | (1.77 M) | 3.9 B |
| Net Income | (1.31 M) | 570.98 M |
| Total Debt | 1.03 M | 5.32 B |
| Book Value Per Share | (0.05) X | 1.93 K |
| Cash Flow From Operations | (1.13 M) | 971.22 M |
| Earnings Per Share | (0.02) X | 3.12 X |
| Beta | 0.32 | -0.15 |
| Market Capitalization | 7.95 M | 19.03 B |
| Total Asset | 3.08 M | 29.47 B |
| Retained Earnings | (30.68 M) | 9.33 B |
| Working Capital | (1.58 M) | 1.48 B |
| Net Asset | 3.08 M |
Global Health Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Global . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 0.14 | |||
| Day Typical Price | 0.14 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Global Health Buy or Sell Advice
When is the right time to buy or sell Global Health? Buying financial instruments such as Global Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Global Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
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Additional Tools for Global Stock Analysis
When running Global Health's price analysis, check to measure Global Health'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 Health is operating at the current time. Most of Global Health's value examination focuses on studying past and present price action to predict the probability of Global Health'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 Health's price. Additionally, you may evaluate how the addition of Global Health to your portfolios can decrease your overall portfolio volatility.