Global Star Acquisition, Stock Market Value
| GLST Stock | 11.26 0.57 4.82% |
| Symbol | Global |
Global Star Acquisition, Price To Book Ratio
Is Asset Management & Custody Banks 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 Star. 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 Star 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 45.2 K | Earnings Share (0.05) | Return On Assets (0.03) |
The market value of Global Star Acquisition, 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 Star's value that differs from its market value or its book value, called intrinsic value, which is Global Star'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 Star's market value can be influenced by many factors that don't directly affect Global Star'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 Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Star'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.
Global Star 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Global Star's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Global Star.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Global Star on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Global Star Acquisition, or generate 0.0% return on investment in Global Star over 180 days. Global Star is related to or competes with Alpha One, SCOR PK, SPACE, T Rowe, Ampleforth, and Ionet. Global Star is entity of United States. It is traded as Stock on NASDAQ exchange. More
Global Star Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Global Star's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Global Star Acquisition, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.11 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.87 |
Global Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Star's standard deviation. In reality, there are many statistical measures that can use Global Star historical prices to predict the future Global Star's volatility.| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | 0.0472 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2344 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Star's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Global Star Acquisition, Backtested Returns
Currently, Global Star Acquisition, is not too volatile. Global Star Acquisition, holds Efficiency (Sharpe) Ratio of 0.0887, which attests that the entity had a 0.0887% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Global Star Acquisition,, which you can use to evaluate the volatility of the firm. Please check out Global Star's Risk Adjusted Performance of 0.074, downside deviation of 2.03, and Market Risk Adjusted Performance of 0.2444 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Global Star has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Star is expected to be smaller as well. Global Star Acquisition, right now retains a risk of 1.26%. Please check out Global Star value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if Global Star will be following its current trending patterns.
Auto-correlation | -0.24 |
Weak reverse predictability
Global Star Acquisition, has weak reverse predictability. Overlapping area represents the amount of predictability between Global Star time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Star Acquisition, price movement. The serial correlation of -0.24 indicates that over 24.0% of current Global Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Global Star Acquisition, lagged returns against current returns
Autocorrelation, which is Global Star stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Global Star's stock expected returns. We can calculate the autocorrelation of Global Star returns to help us make a trade decision. For example, suppose you find that Global Star has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Global Star regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Global Star stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Star stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Star stock over time.
Current vs Lagged Prices |
| Timeline |
Global Star Lagged Returns
When evaluating Global Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Star stock have on its future price. Global Star autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Global Star autocorrelation shows the relationship between Global Star stock current value and its past values and can show if there is a momentum factor associated with investing in Global Star Acquisition,.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Global Stock Analysis
When running Global Star's price analysis, check to measure Global Star'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 Star is operating at the current time. Most of Global Star's value examination focuses on studying past and present price action to predict the probability of Global Star'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 Star's price. Additionally, you may evaluate how the addition of Global Star to your portfolios can decrease your overall portfolio volatility.