Globus Medical Stock Performance
| GMED Stock | USD 93.12 0.33 0.36% |
On a scale of 0 to 100, Globus Medical holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Globus Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Globus Medical is expected to be smaller as well. Please check Globus Medical's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Globus Medical's current trending patterns will revert.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Globus Medical are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, Globus Medical exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.36 | Five Day Return 1.36 | Year To Date Return 13.8 | Ten Year Return 293.08 | All Time Return 589.78 |
1 | MetLife Investment Management LLC Has 4.18 Million Holdings in Globus Medical, Inc. | 12/03/2024 |
2 | Are You a Growth Investor This 1 Stock Could Be the Perfect Pick | 12/17/2024 |
3 | Acquisition by Daniel Scavilla of 30000 shares of Globus Medical at 26.27 subject to Rule 16b-3 | 12/20/2024 |
4 | Why Globus Medical is a Top Growth Stock for the Long-Term | 01/02/2025 |
5 | Are You a Momentum Investor This 1 Stock Could Be the Perfect Pick | 01/07/2025 |
6 | The Law Offices of Frank R. Cruz Continues Its Investigation of Globus Medical, Inc. on Behalf of Investors | 01/08/2025 |
7 | Globus Medical, Inc.s Financials Are Too Obscure To Link With Current Share Price Momentum Whats In Store For the Stock | 01/10/2025 |
8 | Stryker Had A Good Year Last Year Heres How Its Looking For 2025 | 01/13/2025 |
9 | Acquisition by Keith Pfeil of 5833 shares of Globus Medical at 49.65 subject to Rule 16b-3 | 01/14/2025 |
10 | Comfort Systems Stock Looks Hot As It Cools Data Centers | 01/17/2025 |
11 | Globus Medical stock soars to all-time high of 93.68 - MSN | 01/29/2025 |
| Begin Period Cash Flow | 150.5 M |
Globus |
Globus Medical Relative Risk vs. Return Landscape
If you would invest 7,472 in Globus Medical on November 2, 2024 and sell it today you would earn a total of 1,840 from holding Globus Medical or generate 24.63% return on investment over 90 days. Globus Medical is currently generating 0.3869% in daily expected returns and assumes 1.6608% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Globus, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Globus Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globus Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Globus Medical, and traders can use it to determine the average amount a Globus Medical's 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 = 0.233
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GMED | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Globus Medical is performing at about 18% 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 Globus Medical by adding it to a well-diversified portfolio.
Globus Medical Fundamentals Growth
Globus Stock prices reflect investors' perceptions of the future prospects and financial health of Globus Medical, and Globus Medical 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 Globus Stock performance.
| Return On Equity | 0.0222 | ||||
| Return On Asset | 0.0473 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 12.47 B | ||||
| Shares Outstanding | 113.74 M | ||||
| Price To Earning | 73.16 X | ||||
| Price To Book | 3.10 X | ||||
| Price To Sales | 5.12 X | ||||
| Revenue | 1.57 B | ||||
| Gross Profit | 1.66 B | ||||
| EBITDA | 346.58 M | ||||
| Net Income | 122.87 M | ||||
| Cash And Equivalents | 408.01 M | ||||
| Cash Per Share | 4.10 X | ||||
| Total Debt | 520.4 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 6.10 X | ||||
| Book Value Per Share | 29.94 X | ||||
| Cash Flow From Operations | 243.5 M | ||||
| Earnings Per Share | 0.62 X | ||||
| Market Capitalization | 12.68 B | ||||
| Total Asset | 5.09 B | ||||
| Retained Earnings | 1.14 B | ||||
| Working Capital | 1.52 B | ||||
| Current Asset | 544.8 M | ||||
| Current Liabilities | 82.69 M | ||||
About Globus Medical Performance
By analyzing Globus Medical's fundamental ratios, stakeholders can gain valuable insights into Globus Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Globus Medical 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 Globus Medical 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 | ||
| Days Of Inventory On Hand | 508.26 | 266.71 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.04 | 0.03 |
Things to note about Globus Medical performance evaluation
Checking the ongoing alerts about Globus Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Globus Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Globus Medical stock soars to all-time high of 93.68 - MSN |
- Analyzing Globus Medical's 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 Globus Medical's stock is overvalued or undervalued compared to its peers.
- Examining Globus Medical's 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 Globus Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Globus Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Globus Medical's stock. These opinions can provide insight into Globus Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Globus Stock analysis
When running Globus Medical's price analysis, check to measure Globus Medical's 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 Medical is operating at the current time. Most of Globus Medical's value examination focuses on studying past and present price action to predict the probability of Globus Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globus Medical's price. Additionally, you may evaluate how the addition of Globus Medical to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |