Globalstar Stock Price Prediction

GSAT Stock  USD 1.79  0.02  1.13%   
At this time The relative strength index (RSI) of Globalstar's share price is above 80 . This usually indicates that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

80

 
Oversold
 
Overbought
The successful prediction of Globalstar's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Globalstar, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Globalstar's stock price prediction:
EPS Estimate Current Year
(0.01)
Wall Street Target Price
3.33
Quarterly Revenue Growth
0.254
Using Globalstar hype-based prediction, you can estimate the value of Globalstar from the perspective of Globalstar response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Globalstar to buy its stock at a price that has no basis in reality. In that case, they are not buying Globalstar because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Globalstar after-hype prediction price

    
  USD 1.87  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Globalstar Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Intrinsic
Valuation
LowRealHigh
0.122.348.94
Details
Naive
Forecast
LowNextHigh
0.031.458.05
Details
3 Analysts
Consensus
LowTargetHigh
3.974.364.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0025-0.0025-0.0025
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globalstar. Your research has to be compared to or analyzed against Globalstar's peers to derive any actionable benefits. When done correctly, Globalstar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Globalstar.

Globalstar After-Hype Price Prediction Density Analysis

As far as predicting the price of Globalstar at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Globalstar or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Globalstar, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Globalstar Estimiated After-Hype Price Volatility

In the context of predicting Globalstar's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Globalstar's historical news coverage. Globalstar's after-hype downside and upside margins for the prediction period are 0.09 and 8.47, respectively. We have considered Globalstar's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
1.79
1.87
After-hype Price
8.47
Upside
Globalstar is dangerous at this time. Analysis and calculation of next after-hype price of Globalstar is based on 3 months time horizon.

Globalstar Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Globalstar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globalstar backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Globalstar, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.62 
6.60
  0.08 
  0.20 
10 Events / Month
13 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.79
1.87
4.47 
5,077  
Notes

Globalstar Hype Timeline

Globalstar is currently traded for 1.79. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of 0.2. Globalstar is forecasted to increase in value after the next headline, with the price projected to jump to 1.87 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is forecasted to be 4.47%, whereas the daily expected return is currently at 0.62%. The volatility of related hype on Globalstar is about 2091.7%, with the expected price after the next announcement by competition of 1.99. Globalstar currently holds about 13.14 M in cash with 74.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days.
Check out Globalstar Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Globalstar Related Hype Analysis

Having access to credible news sources related to Globalstar's direct competition is more important than ever and may enhance your ability to predict Globalstar's future price movements. Getting to know how Globalstar's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Globalstar may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ASTSWAST SpaceMobile(0.19)7 per month 7.81  0.17  27.59 (14.18) 119.49 
IRDMIridium Communications 0.74 9 per month 2.79  0.03  3.63 (4.52) 17.08 
DISHDISH Network 0.00 0 per month 4.14 (0.01) 6.90 (6.81) 28.09 
LUMNLumen Technologies 0.36 12 per month 4.70  0.08  9.55 (8.11) 27.32 
IDCCInterDigital 6.12 11 per month 0.74  0.22  2.83 (1.82) 12.59 
CCOICogent Communications Group(0.93)10 per month 1.37  0.06  2.94 (2.58) 7.76 
CABOCable One 2.80 9 per month 2.34  0.09  4.42 (4.54) 18.76 
ORANOrange SA ADR(0.03)9 per month 0.00 (0.22) 1.40 (1.92) 5.67 
TMUST Mobile(3.26)8 per month 1.03  0.13  1.80 (1.69) 8.79 
VZVerizon Communications 0.85 8 per month 1.33 (0.01) 2.16 (2.05) 8.86 
TATT Inc 0.20 7 per month 0.85  0.13  2.56 (1.72) 6.47 
CMCSAComcast Corp(0.60)8 per month 1.10  0.03  2.52 (2.10) 8.17 
VODVodafone Group PLC(0.01)9 per month 0.00 (0.13) 2.06 (2.12) 11.18 
QTEKQualTek Services(0.01)3 per month 0.00 (0.14) 23.81 (35.29) 152.14 
CRGECharge Enterprises 0.00 0 per month 5.10 (0.02) 12.09 (8.89) 27.84 
KOREKORE Group Holdings(0.14)6 per month 0.00 (0.08) 8.02 (8.04) 26.66 
CNSLConsolidated Communications(0.04)12 per month 0.18 (0.38) 0.44 (0.43) 1.74 
TVGrupo Televisa SAB(0.18)6 per month 4.18 (0) 5.38 (6.56) 20.33 

Globalstar Additional Predictive Modules

Most predictive techniques to examine Globalstar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Globalstar using various technical indicators. When you analyze Globalstar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Globalstar Predictive Indicators

The successful prediction of Globalstar stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Globalstar, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Globalstar based on analysis of Globalstar hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Globalstar's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Globalstar's related companies.
 2023 2024 (projected)
Dividend Yield0.0030190.002684
Price To Sales Ratio15.9120.63

Story Coverage note for Globalstar

The number of cover stories for Globalstar depends on current market conditions and Globalstar's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Globalstar is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Globalstar's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Globalstar Short Properties

Globalstar's future price predictability will typically decrease when Globalstar's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Globalstar often depends not only on the future outlook of the potential Globalstar's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Globalstar's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.8 B
Cash And Short Term Investments56.7 M

Additional Tools for Globalstar Stock Analysis

When running Globalstar's price analysis, check to measure Globalstar'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 Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.