Globus Spirits (India) Price on August 29, 2024
| GLOBUSSPR | 814.55 3.00 0.37% |
Below is the normalized historical share price chart for Globus Spirits Limited extending back to September 23, 2009. 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 Globus Spirits stands at 814.55, as last reported on the 23rd of November, with the highest price reaching 833.90 and the lowest price hitting 805.20 during the day.
If you're considering investing in Globus Stock, it is important to understand the factors that can impact its price. Globus Spirits holds Efficiency (Sharpe) Ratio of -0.0122, which attests that the entity had a -0.0122% return per unit of risk over the last 3 months. Globus Spirits exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globus Spirits' Market Risk Adjusted Performance of 0.1562, risk adjusted performance of (0.01), and Standard Deviation of 4.41 to validate the risk estimate we provide.
At this time, Globus Spirits' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 18.6 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 1 B in 2024. . Globus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 892.8855 | 50 Day MA 1.1 K | Beta 0.749 |
Globus |
Sharpe Ratio = -0.0122
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| Negative Returns | GLOBUSSPR |
Estimated Market Risk
| 4.47 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Globus Spirits 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 Globus Spirits by adding Globus Spirits to a well-diversified portfolio.
Price Book 2.3905 | Enterprise Value Ebitda 18.2473 | Price Sales 0.9463 | Shares Float 13.4 M | Wall Street Target Price 1.8 K |
Globus Spirits Valuation on August 29, 2024
It is possible to determine the worth of Globus Spirits on a given historical date. On August 29, 2024 Globus was worth 899.95 at the beginning of the trading date compared to the closed value of 900.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Globus Spirits stock. Still, in general, we apply an absolute valuation method to find Globus Spirits' 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 Globus Spirits where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Globus Spirits' related companies.
| Open | High | Low | Close | Volume | |
| 893.15 | 929.85 | 885.10 | 889.65 | 174,954 | |
08/29/2024 | 899.95 | 905.45 | 879.60 | 900.10 | 117,150 |
| 930.95 | 1,080 | 930.95 | 1,072 | 5,396,601 |
| Backtest Globus Spirits | | | Globus Spirits History | | | Globus Spirits Valuation | Previous | Next |
Globus Spirits Trading Date Momentum on August 29, 2024
| On August 30 2024 Globus Spirits Limited was traded for 1,072 at the closing time. The highest price during the trading period was 1,080 and the lowest recorded bid was listed for 930.95 . The volume for the day was 5.4 M. This history from August 30, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 19.12% . The overall trading delta to the current price is 20.81% . |
Globus Spirits Fundamentals Correlations and Trends
By evaluating Globus Spirits' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Globus Spirits' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Globus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Globus Spirits Stock history
Globus Spirits 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 Globus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globus Spirits 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 Globus Spirits stock prices may prove useful in developing a viable investing in Globus Spirits
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.9 M | 27.5 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.5 B |
Globus Spirits Stock Technical Analysis
Globus Spirits 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
Globus Spirits Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Globus Spirits Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Globus Spirits November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Globus Spirits stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Globus Spirits shares will generate the highest return on investment. By undertsting and applying Globus Spirits stock market strength indicators, traders can identify Globus Spirits Limited entry and exit signals to maximize returns
Globus Spirits Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Globus Spirits' price direction in advance. Along with the technical and fundamental analysis of Globus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globus 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.1462 |
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Additional Tools for Globus Stock Analysis
When running Globus Spirits' price analysis, check to measure Globus Spirits' 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 Globus Spirits is operating at the current time. Most of Globus Spirits' value examination focuses on studying past and present price action to predict the probability of Globus Spirits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Spirits' price. Additionally, you may evaluate how the addition of Globus Spirits to your portfolios can decrease your overall portfolio volatility.