Global Lights Acquisition Stock Performance
| GLAC Stock | USD 10.64 0.02 0.19% |
Global Lights has a performance score of 15 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0068, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Lights are expected to decrease at a much lower rate. During the bear market, Global Lights is likely to outperform the market. Global Lights Acquisition right now retains a risk of 0.15%. Please check out Global Lights sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Global Lights will be following its current trending patterns.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Global Lights Acquisition are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Global Lights is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.095 | Five Day Return 0.00094 | Year To Date Return 5.35 | Ten Year Return 10.15 | All Time Return 10.15 |
1 | Global Lights Acquisition Corp Short Interest Update | 10/17/2024 |
2 | Karpus Management, Inc. Reduces Stake in Global Lights Acquisition Corp | 11/14/2024 |
3 | Polar Asset Management Partners Inc. Has 8.38 Million Stock Position in Global Lights Acquisition Corp | 12/04/2024 |
| Begin Period Cash Flow | 315.00 | |
| Free Cash Flow | -1.6 M |
Global |
Global Lights Relative Risk vs. Return Landscape
If you would invest 1,043 in Global Lights Acquisition on September 13, 2024 and sell it today you would earn a total of 21.00 from holding Global Lights Acquisition or generate 2.01% return on investment over 90 days. Global Lights Acquisition is currently generating 0.0313% in daily expected returns and assumes 0.1545% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than Global, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Global Lights Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Lights' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Global Lights Acquisition, and traders can use it to determine the average amount a Global Lights' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2024
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Global Lights is performing at about 15% of its full potential. 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 Lights by adding it to a well-diversified portfolio.
Global Lights Fundamentals Growth
Global Stock prices reflect investors' perceptions of the future prospects and financial health of Global Lights, and Global Lights fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Global Stock performance.
| Return On Asset | -0.0133 | ||||
| Current Valuation | 95.72 M | ||||
| Shares Outstanding | 8.97 M | ||||
| Price To Book | 1.37 X | ||||
| EBITDA | (369.96 K) | ||||
| Net Income | 79.99 K | ||||
| Cash And Equivalents | 192 K | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 2.64 M | ||||
| Debt To Equity | 18.00 % | ||||
| Current Ratio | 0.84 X | ||||
| Book Value Per Share | (0.26) X | ||||
| Cash Flow From Operations | (1.64 M) | ||||
| Earnings Per Share | 0.28 X | ||||
| Market Capitalization | 95.49 M | ||||
| Total Asset | 70.1 M | ||||
| Retained Earnings | (2.33 M) | ||||
| Working Capital | 84.52 K | ||||
About Global Lights Performance
By analyzing Global Lights' fundamental ratios, stakeholders can gain valuable insights into Global Lights' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global Lights has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Global Lights has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about Global Lights Acquisition performance evaluation
Checking the ongoing alerts about Global Lights for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Global Lights Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Lights Acquisition currently holds 2.64 M in liabilities with Debt to Equity (D/E) ratio of 18.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Global Lights Acquisition has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Global Lights' use of debt, we should always consider it together with its cash and equity. | |
| Global Lights Acquisition currently holds about 192 K in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 67.0% of Global Lights shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Polar Asset Management Partners Inc. Has 8.38 Million Stock Position in Global Lights Acquisition Corp |
- Analyzing Global Lights' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Global Lights' stock is overvalued or undervalued compared to its peers.
- Examining Global Lights' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Global Lights' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Lights' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Global Lights' stock. These opinions can provide insight into Global Lights' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Global Stock analysis
When running Global Lights' price analysis, check to measure Global Lights' 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 Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.
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