Global Ship Lease Stock Price on September 5, 2024
| GSL Stock | USD 21.58 0.25 1.15% |
Below is the normalized historical share price chart for Global Ship Lease extending back to September 29, 2006. 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 Global Ship stands at 21.58, as last reported on the 26th of November, with the highest price reaching 21.88 and the lowest price hitting 21.44 during the day.
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. Global Ship Lease holds Efficiency (Sharpe) Ratio of -0.0989, which attests that the entity had a -0.0989% return per unit of risk over the last 3 months. Global Ship Lease exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Ship's Risk Adjusted Performance of (0.07), standard deviation of 1.7, and Market Risk Adjusted Performance of (0.39) to validate the risk estimate we provide.
At this time, Global Ship's Stock Based Compensation is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0.02 this year, although the value of Other Stockholder Equity will most likely fall to about 576.5 M. . At this time, Global Ship's Price Earnings Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0.42 this year, although Price Book Value Ratio will most likely fall to 0.33. Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of August 2006 | 200 Day MA 24.3599 | 50 Day MA 24.5132 | Beta 1.619 |
Global |
Sharpe Ratio = -0.0989
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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.
Price Book 0.5576 | Enterprise Value Ebitda 2.4686 | Price Sales 1.1246 | Shares Float 32.8 M | Dividend Share 1.575 |
Global Ship Valuation on September 5, 2024
It is possible to determine the worth of Global Ship on a given historical date. On September 5, 2024 Global was worth 23.74 at the beginning of the trading date compared to the closed value of 23.32. 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 | |
| 23.46 | 23.87 | 23.36 | 23.42 | 362,200 | |
09/05/2024 | 23.74 | 23.78 | 23.12 | 23.32 | 350,888 |
| 23.28 | 23.32 | 22.56 | 22.65 | 522,750 |
| Backtest Global Ship | | | Global Ship History | | | Global Ship Valuation | Previous | Next |
Global Ship Trading Date Momentum on September 5, 2024
| On September 06 2024 Global Ship Lease was traded for 22.65 at the closing time. Highest Global Ship's price during the trading hours was 23.32 and the lowest price during the day was 22.56 . The net volume was 522.8 K. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.87% . The overall trading delta to current price is 1.84% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.9 M | 37.7 M | |
| Net Income Applicable To Common Shares | 325.9 M | 342.2 M |
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 New York Stock 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 | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.40) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Ship. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Ship listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1.575 | Earnings Share 8.75 | Revenue Per Share 19.793 | Quarterly Revenue Growth (0) |
The market value of Global Ship Lease is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Ship's market value can be influenced by many factors that don't directly affect Global Ship's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.