Globe Metals (Australia) Price on March 8, 2024
GBE Stock | 0.04 0 2.38% |
Below is the normalized historical share price chart for Globe Metals Mining extending back to December 08, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Globe Metals stands at 0.04, as last reported on the 14th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
If you're considering investing in Globe Stock, it is important to understand the factors that can impact its price. Globe Metals Mining holds Efficiency (Sharpe) Ratio of -0.0158, which attests that the entity had a -0.0158% return per unit of risk over the last 3 months. Globe Metals Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globe Metals' insignificant Risk Adjusted Performance, market risk adjusted performance of 0.0483, and Standard Deviation of 4.56 to validate the risk estimate we provide.
At this time, Globe Metals' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 36.4 M in 2024, whereas Capital Stock is likely to drop slightly above 89.5 M in 2024. . Globe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of December 2005 | 200 Day MA 0.0443 | 50 Day MA 0.0415 | Beta 0.413 |
Globe |
Sharpe Ratio = -0.0158
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Negative Returns | GBE |
Estimated Market Risk
4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.07 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 Globe Metals 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 Globe Metals by adding Globe Metals to a well-diversified portfolio.
Price Book 0.8699 | Book Value 0.047 | Enterprise Value 29.1 M | Enterprise Value Ebitda (16.44) | Price Sales 15.2 K |
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Globe Metals Valuation on March 8, 2024
It is possible to determine the worth of Globe Metals on a given historical date. On March 8, 2024 Globe was worth 0.032 at the beginning of the trading date compared to the closed value of 0.032. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globe Metals stock. Still, in general, we apply an absolute valuation method to find Globe Metals' 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 Globe Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globe Metals' related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 37,443 | |
03/08/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 150,000 |
0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
Backtest Globe Metals | | | Globe Metals History | | | Globe Metals Valuation | Previous | Next |
Globe Metals Trading Date Momentum on March 8, 2024
On March 11 2024 Globe Metals Mining was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of March 2024 did not cause price change. The overall trading delta to the closing price today is 3.13% . |
Globe Metals Mining Fundamentals Correlations and Trends
By evaluating Globe Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Globe Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Globe Metals Stock history
Globe Metals 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 Globe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globe Metals Mining 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 Globe Metals stock prices may prove useful in developing a viable investing in Globe Metals
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 639.7 M | 671.7 M | |
Net Loss | -3.1 M | -3.2 M |
Globe Metals Stock Technical Analysis
Globe Metals 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
Globe Metals Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Globe Metals Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Globe Metals December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Globe Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globe Metals shares will generate the highest return on investment. By undertsting and applying Globe Metals stock market strength indicators, traders can identify Globe Metals Mining entry and exit signals to maximize returns
Globe Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globe Metals' price direction in advance. Along with the technical and fundamental analysis of Globe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globe 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) | |||
Jensen Alpha | 0.1101 | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 0.0383 |
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Additional Tools for Globe Stock Analysis
When running Globe Metals' price analysis, check to measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.