Global Industrial Co Stock Alpha and Beta Analysis
| GIC Stock | USD 27.96 0.03 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Global Industrial Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Global Industrial over a specified time horizon. Remember, high Global Industrial's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Global Industrial's market risk premium analysis include:
Beta 2.01 | Alpha (0.43) | Risk 3.18 | Sharpe Ratio (0.07) | Expected Return (0.22) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Global Industrial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Global Industrial market risk premium is the additional return an investor will receive from holding Global Industrial long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global Industrial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Global Industrial's performance over market.| α | -0.43 | β | 2.01 |
Global Industrial expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Global Industrial's Buy-and-hold return. Our buy-and-hold chart shows how Global Industrial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Global Industrial Market Price Analysis
Market price analysis indicators help investors to evaluate how Global Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Industrial shares will generate the highest return on investment. By understating and applying Global Industrial stock market price indicators, traders can identify Global Industrial position entry and exit signals to maximize returns.
Global Industrial Return and Market Media
The median price of Global Industrial for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 32.52 with a coefficient of variation of 7.97. The daily time series for the period is distributed with a sample standard deviation of 2.5, arithmetic mean of 31.39, and mean deviation of 2.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Global Industrial Introduces Hydraulic Drum Handler with Universal Grip and Adjustable Support | 10/15/2024 |
2 | Omega Pacific Extends Historical Hole WM22-02 Mineralization to 2.16 Gt Au Over 96.92 Metres | 10/28/2024 |
3 | Global Industrial Company Reports Third Quarter 2024 Financial Results | 10/29/2024 |
4 | Q3 2024 Global Industrial Co Earnings Call Transcript | 10/30/2024 |
5 | Global Industrial Company Q3 2024 Earnings Call Transcript | 10/31/2024 |
6 | Acquisition by Claudia Hughes of 7765 shares of Global Industrial subject to Rule 16b-3 | 11/07/2024 |
7 | FMR LLC Bolsters Stake in Global Industrial Co - GuruFocus.com | 11/12/2024 |
| Global Industrial dividend paid on 18th of November 2024 | 11/18/2024 |
8 | ADIA, GIC Said Nearing Pye-Barker Fire Safety Minority Stake | 11/19/2024 |
About Global Industrial Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Global or other stocks. Alpha measures the amount that position in Global Industrial has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0404 | 0.0309 | 0.0207 | 0.0196 | Price To Sales Ratio | 1.45 | 0.77 | 1.16 | 1.22 |
Global Industrial Upcoming Company Events
As portrayed in its financial statements, the presentation of Global Industrial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Global Industrial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Global Industrial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Global Industrial. Please utilize our Beneish M Score to check the likelihood of Global Industrial's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Global Industrial
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Align your risk with return expectations
Check out Global Industrial Backtesting, Global Industrial Valuation, Global Industrial Correlation, Global Industrial Hype Analysis, Global Industrial Volatility, Global Industrial History and analyze Global Industrial Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Global Industrial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.