Globe Metals (Australia) Performance
| GBE Stock | 0.04 0 2.38% |
The company retains a Market Volatility (i.e., Beta) of -2.12, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Globe Metals are expected to decrease by larger amounts. On the other hand, during market turmoil, Globe Metals is expected to outperform it. At this point, Globe Metals Mining has a negative expected return of -0.0738%. Please make sure to check out Globe Metals' total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Globe Metals Mining performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Globe Metals Mining has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, Globe Metals is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Last Split Factor 460:433 | Last Split Date 2023-08-11 |
1 | Year wrapped Globe Metals Mining outlook for 2025 - Proactive financial news | 12/11/2024 |
| Begin Period Cash Flow | 244 K |
Globe |
Globe Metals Relative Risk vs. Return Landscape
If you would invest 4.60 in Globe Metals Mining on September 14, 2024 and sell it today you would lose (0.50) from holding Globe Metals Mining or give up 10.87% of portfolio value over 90 days. Globe Metals Mining is producing return of less than zero assuming 4.6271% volatility of returns over the 90 days investment horizon. Simply put, 41% of all stocks have less volatile historical return distribution than Globe Metals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Globe Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globe Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Globe Metals Mining, and traders can use it to determine the average amount a Globe Metals' 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 = -0.0159
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GBE |
Estimated Market Risk
| 4.63 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Globe Metals 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 Globe Metals by adding Globe Metals to a well-diversified portfolio.
Globe Metals Fundamentals Growth
Globe Stock prices reflect investors' perceptions of the future prospects and financial health of Globe Metals, and Globe Metals 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 Globe Stock performance.
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0531 | ||||
| Current Valuation | 29.06 M | ||||
| Shares Outstanding | 694.65 M | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 15,203 X | ||||
| Revenue | (2 K) | ||||
| Gross Profit | 2 K | ||||
| EBITDA | (2.69 M) | ||||
| Net Income | (3.43 M) | ||||
| Total Debt | 275 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (2.83 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 33.02 M | ||||
| Retained Earnings | (57.34 M) | ||||
About Globe Metals Performance
Assessing Globe Metals' fundamental ratios provides investors with valuable insights into Globe Metals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Globe Metals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Globe Metals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Globe Metals Mining performance evaluation
Checking the ongoing alerts about Globe Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Globe Metals Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Globe Metals Mining generated a negative expected return over the last 90 days | |
| Globe Metals Mining has some characteristics of a very speculative penny stock | |
| Globe Metals Mining has high historical volatility and very poor performance | |
| Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 2 K. | |
| Globe Metals generates negative cash flow from operations | |
| About 84.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Year wrapped Globe Metals Mining outlook for 2025 - Proactive financial news |
- Analyzing Globe Metals' 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 Globe Metals' stock is overvalued or undervalued compared to its peers.
- Examining Globe Metals' 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 Globe Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Globe Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Globe Metals' stock. These opinions can provide insight into Globe Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Globe Stock Analysis
When running Globe Metals' price analysis, check to measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.