Globe Metals (Australia) Price on July 25, 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 13th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
IPO Date
9th of December 2005
200 Day MA
0.0442
50 Day MA
0.0415
Beta
0.413
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0159, which attests that the entity had a -0.0159% return per unit of risk over the last 3 months. Globe Metals Mining exposes twenty-three 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 0.0485, 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.

Sharpe Ratio = -0.0159

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Estimated Market Risk

 4.63
  actual daily
41
59% 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 July 25, 2024

It is possible to determine the worth of Globe Metals on a given historical date. On July 25, 2024 Globe was worth 0.051 at the beginning of the trading date compared to the closed value of 0.051. 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
  0.05    0.05    0.05    0.05    1.00  
07/25/2024
  0.05    0.05    0.05    0.05    1.00  
  0.05    0.05    0.05    0.05    1.00  
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Open Value
0.051
0.0005
Downside
0.051
Closing Value
13.93
Upside

Globe Metals Trading Date Momentum on July 25, 2024

On July 26 2024 Globe Metals Mining was traded for  0.05  at the closing time. The maximum traded price for the trading interval was 0.05  and the lowest daily price was  0.05 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of July 2024 did not cause price change. The overall trading delta to the closing price today is 11.76% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding639.7 M671.7 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.
A focus of Globe Metals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globe Metals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Globe Metals Period Price Range

Low
December 13, 2024
0.00  NaN%
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 13, 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.

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.