Globalfoundries Stock Alpha and Beta Analysis
| GFS Stock | USD 42.85 1.26 2.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Globalfoundries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Globalfoundries over a specified time horizon. Remember, high Globalfoundries' 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 Globalfoundries' market risk premium analysis include:
Beta 2.86 | Alpha (0.36) | Risk 3.56 | Sharpe Ratio (0.02) | Expected Return (0.08) |
Enterprise Value |
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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.
Globalfoundries |
Globalfoundries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Globalfoundries market risk premium is the additional return an investor will receive from holding Globalfoundries 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 Globalfoundries. 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 Globalfoundries' performance over market.| α | -0.36 | β | 2.86 |
Globalfoundries expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Globalfoundries' Buy-and-hold return. Our buy-and-hold chart shows how Globalfoundries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Globalfoundries Market Price Analysis
Market price analysis indicators help investors to evaluate how Globalfoundries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globalfoundries shares will generate the highest return on investment. By understating and applying Globalfoundries stock market price indicators, traders can identify Globalfoundries position entry and exit signals to maximize returns.
Globalfoundries Return and Market Media
The median price of Globalfoundries for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 40.41 with a coefficient of variation of 5.81. The daily time series for the period is distributed with a sample standard deviation of 2.39, arithmetic mean of 41.05, and mean deviation of 1.82. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | GlobalFoundries Projects Long-Term Growth Amid Semiconductor Market Challenges | 09/13/2024 |
2 | GlobalFoundries Announces Conference Call to Review Third Quarter 2024 Financial Results | 10/07/2024 |
3 | GLOBALFOUNDRIES Inc Trading 8.83 percent Higher on Nov 5 | 11/05/2024 |
4 | GLOBALFOUNDRIES Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth Amid Market ... | 11/06/2024 |
5 | GlobalFoundries Shares Gap Up Still a Buy | 11/07/2024 |
6 | GlobalFoundries Issues Earnings Results | 11/08/2024 |
7 | FMR LLC Acquires Significant Stake in GLOBALFOUNDRIES Inc | 11/13/2024 |
8 | GlobalFoundries finalizes 1.5 billion in CHIPS Act funding | 11/20/2024 |
9 | STF Management LP Lowers Stake in GlobalFoundries Inc. | 11/22/2024 |
10 | GLOBALFOUNDRIES Inc Shares Up 4.44 percent on Nov 25 | 11/25/2024 |
About Globalfoundries Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Globalfoundries or other stocks. Alpha measures the amount that position in Globalfoundries has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 50.72 | 63.38 | 67.55 | 85.53 | PTB Ratio | 4.09 | 2.93 | 3.01 | 4.77 |
Globalfoundries Upcoming Company Events
As portrayed in its financial statements, the presentation of Globalfoundries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globalfoundries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Globalfoundries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Globalfoundries. Please utilize our Beneish M Score to check the likelihood of Globalfoundries' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Globalfoundries Stock Analysis
When running Globalfoundries' price analysis, check to measure Globalfoundries' 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 Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.