Global Ship (Germany) Price on October 3, 2023
37H Stock | EUR 21.32 0.16 0.74% |
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. As of today, the current price of Global Ship stands at 21.32, as last reported on the 26th of November, with the highest price reaching 21.32 and the lowest price hitting 21.32 during the day. Global Ship Lease holds Efficiency (Sharpe) Ratio of -0.0246, which attests that the entity had a -0.0246% return per unit of risk over the last 3 months. Global Ship Lease exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Ship's Market Risk Adjusted Performance of (0.26), risk adjusted performance of (0.02), and Standard Deviation of 1.7 to validate the risk estimate we provide.
Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Global |
Sharpe Ratio = -0.0246
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Negative Returns | 37H |
Estimated Market Risk
1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Ship is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Ship by adding Global Ship to a well-diversified portfolio.
Global Ship Valuation on October 3, 2023
It is possible to determine the worth of Global Ship on a given historical date. On October 3, 2023 Global was worth 15.58 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Global Ship stock. Still, in general, we apply an absolute valuation method to find Global Ship's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global Ship where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Global Ship's related companies.
Open | High | Low | Close | Volume | |
15.75 | 15.75 | 15.75 | 15.75 | 60.00 | |
10/03/2023 | 15.58 | 15.58 | 15.36 | 15.36 | 120.00 |
15.20 | 15.20 | 15.20 | 15.20 | 1.00 |
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Global Ship Trading Date Momentum on October 3, 2023
On October 04 2023 Global Ship Lease was traded for 15.20 at the closing time. The highest daily price throughout the period was 15.20 and the lowest price was 15.20 . There was no trading activity during the period 1.0. Lack of trading volume on 10/04/2023 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.04% . The overall trading delta to current closing price is 0.00% . |
Global Ship Lease Fundamentals Correlations and Trends
By evaluating Global Ship's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Global Ship's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Global financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Global Ship Stock history
Global Ship investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Ship Lease will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Ship stock prices may prove useful in developing a viable investing in Global Ship
Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2021, it owned 43 mid-sized and smaller containerships with an aggregate capacity of 245,280 twenty-foot equivalent units. GLOBAL SHIP is traded on Frankfurt Stock Exchange in Germany.
Global Ship Stock Technical Analysis
Global Ship technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Global Ship Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Global Ship Lease cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Global Ship November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Global Ship stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Ship shares will generate the highest return on investment. By undertsting and applying Global Ship stock market strength indicators, traders can identify Global Ship Lease entry and exit signals to maximize returns
Global Ship Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Ship's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.27) |
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Complementary Tools for Global Stock analysis
When running Global Ship's price analysis, check to measure Global Ship'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 Ship is operating at the current time. Most of Global Ship's value examination focuses on studying past and present price action to predict the probability of Global Ship'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 Ship's price. Additionally, you may evaluate how the addition of Global Ship to your portfolios can decrease your overall portfolio volatility.
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