Global Medical Reit Stock Performance
| GMRE Stock | USD 8.86 0.16 1.84% |
The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Medical is expected to be smaller as well. At this point, Global Medical REIT has a negative expected return of -0.0356%. Please make sure to check out Global Medical's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Global Medical REIT performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Global Medical REIT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Global Medical is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 2.36 | Five Day Return 3.19 | Year To Date Return (19.05) | Ten Year Return (11.04) | All Time Return (11.04) |
Forward Dividend Yield 0.0966 | Payout Ratio 3.6522 | Last Split Factor 1:400 | Forward Dividend Rate 0.84 | Dividend Date 2024-10-08 |
1 | Global Medical REIT Shares Gap Up to 10.15 | 09/18/2024 |
2 | Acquisition by Danica Holley of 6191 shares of Global Medical subject to Rule 16b-3 | 09/26/2024 |
3 | Duncan Williams Asset Management LLC Acquires New Holdings in Global Medical REIT Inc. - MarketBeat | 10/04/2024 |
| Global Medical dividend paid on 8th of October 2024 | 10/08/2024 |
4 | GMRE vs. CUBE Which Stock Is the Better Value Option | 10/11/2024 |
5 | Global Medical REIT to Release Quarterly Earnings on Wednesday - MarketBeat | 10/30/2024 |
6 | Global Medical REIT Announces Third Quarter 2024 Financial Results | 11/06/2024 |
7 | Global Medical REIT Inc. Q3 2024 Earnings Call Transcript | 11/08/2024 |
| Begin Period Cash Flow | 14.5 M |
Global |
Global Medical Relative Risk vs. Return Landscape
If you would invest 911.00 in Global Medical REIT on August 28, 2024 and sell it today you would lose (25.00) from holding Global Medical REIT or give up 2.74% of portfolio value over 90 days. Global Medical REIT is currently does not generate positive expected returns and assumes 1.3176% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% 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 Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Global Medical REIT, and traders can use it to determine the average amount a Global 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 = -0.027
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMRE |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Medical 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 Medical by adding Global Medical to a well-diversified portfolio.
Global Medical Fundamentals Growth
Global Stock prices reflect investors' perceptions of the future prospects and financial health of Global Medical, and Global 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 Global Stock performance.
| Return On Equity | 0.0072 | ||||
| Return On Asset | 0.0171 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 1.29 B | ||||
| Shares Outstanding | 66.8 M | ||||
| Price To Earning | 39.78 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 4.40 X | ||||
| Revenue | 156.65 M | ||||
| Gross Profit | 136.93 M | ||||
| EBITDA | 111.67 M | ||||
| Net Income | 20.61 M | ||||
| Cash And Equivalents | 22.46 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 624.19 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 7.00 X | ||||
| Cash Flow From Operations | 68.44 M | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 600.74 M | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (238.98 M) | ||||
| Working Capital | (604.99 M) | ||||
| Current Asset | 83.48 M | ||||
| Current Liabilities | 46.08 M | ||||
About Global Medical Performance
By analyzing Global Medical's fundamental ratios, stakeholders can gain valuable insights into Global Medical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global 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 Global 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 | (452.62) | (475.25) | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.04 | 0.03 |
Things to note about Global Medical REIT performance evaluation
Checking the ongoing alerts about Global Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Global Medical REIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Medical REIT generated a negative expected return over the last 90 days | |
| Global Medical REIT has a strong financial position based on the latest SEC filings | |
| About 63.0% of the company shares are owned by institutional investors | |
| On 8th of October 2024 Global Medical paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from insidermonkey.com: Global Medical REIT Inc. Q3 2024 Earnings Call Transcript |
- Analyzing Global 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 Global Medical's stock is overvalued or undervalued compared to its peers.
- Examining Global 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 Global Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Global Medical's stock. These opinions can provide insight into Global Medical's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Global Stock analysis
When running Global Medical's price analysis, check to measure Global 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 Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global 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 Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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