Global Crossing Airlines Stock Performance
| JETMF Stock | USD 0.48 0.02 4.00% |
Global Crossing has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Crossing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Crossing is expected to be smaller as well. Global Crossing Airlines right now retains a risk of 6.14%. Please check out Global Crossing potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Global Crossing will be following its current trending patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Global Crossing Airlines are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile primary indicators, Global Crossing may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 548.7 K | |
| Total Cashflows From Investing Activities | -3.3 M |
Global |
Global Crossing Relative Risk vs. Return Landscape
If you would invest 48.00 in Global Crossing Airlines on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Global Crossing Airlines or generate 0.0% return on investment over 90 days. Global Crossing Airlines is currently producing 0.1778% returns and takes up 6.1434% volatility of returns over 90 trading days. Put another way, 54% of traded otc stocks are less volatile than Global, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Global Crossing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Crossing's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Global Crossing Airlines, and traders can use it to determine the average amount a Global Crossing'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 = 0.0289
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Estimated Market Risk
| 6.14 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Global Crossing is performing at about 2% 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 Crossing by adding it to a well-diversified portfolio.
Global Crossing Fundamentals Growth
Global OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Global Crossing, and Global Crossing 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 OTC Stock performance.
| Return On Equity | -7.88 | |||
| Return On Asset | -0.26 | |||
| Profit Margin | (0.21) % | |||
| Operating Margin | (0.19) % | |||
| Current Valuation | 64.92 M | |||
| Shares Outstanding | 31.7 M | |||
| Price To Earning | (0.81) X | |||
| Price To Book | 15.33 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 14.29 M | |||
| EBITDA | (18.6 M) | |||
| Cash And Equivalents | 1.52 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 32.81 M | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (8.08 M) | |||
| Earnings Per Share | (0.37) X | |||
| Total Asset | 39.07 M | |||
| Retained Earnings | (88.19 M) | |||
| Current Asset | 1.47 M | |||
| Current Liabilities | 363 K | |||
About Global Crossing Performance
By analyzing Global Crossing's fundamental ratios, stakeholders can gain valuable insights into Global Crossing's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Global Crossing 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 Crossing has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Global Crossing Airlines Group Inc. operates in the airline business. It focuses to fly as an aircraft, crew, maintenance, and insurance and wet lease charter airline serving the United States, the Caribbean, and Latin American markets. Global Crossing operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 200 people.Things to note about Global Crossing Airlines performance evaluation
Checking the ongoing alerts about Global Crossing for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Global Crossing Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Global Crossing had very high historical volatility over the last 90 days | |
| Global Crossing has some characteristics of a very speculative penny stock | |
| Global Crossing has high likelihood to experience some financial distress in the next 2 years | |
| Global Crossing Airlines has accumulated 32.81 M in total debt. Global Crossing Airlines has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Global Crossing until it has trouble settling it off, either with new capital or with free cash flow. So, Global Crossing's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Crossing Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Crossing's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 14.29 M. Net Loss for the year was (19.82 M) with loss before overhead, payroll, taxes, and interest of (6.95 M). | |
| Global Crossing Airlines has accumulated about 1.52 M in cash with (8.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 46.0% of the company shares are held by company insiders |
- Analyzing Global Crossing'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 Crossing's stock is overvalued or undervalued compared to its peers.
- Examining Global Crossing'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 Crossing's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Global Crossing's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Global Crossing's otc stock. These opinions can provide insight into Global Crossing's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Global OTC Stock analysis
When running Global Crossing's price analysis, check to measure Global Crossing'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 Crossing is operating at the current time. Most of Global Crossing's value examination focuses on studying past and present price action to predict the probability of Global Crossing'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 Crossing's price. Additionally, you may evaluate how the addition of Global Crossing to your portfolios can decrease your overall portfolio volatility.
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