Global Medical Stock Forecast - Day Typical Price
| GMRE Stock | USD 9.29 0.11 1.20% |
Global Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Global Medical stock prices and determine the direction of Global Medical REIT's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Global Medical's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Global Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Global Medical's systematic risk associated with finding meaningful patterns of Global Medical fundamentals over time.
Check out Historical Fundamental Analysis of Global Medical to cross-verify your projections. Global |
Open Interest Against 2024-06-21 Global Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Global Medical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Global Medical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Global Medical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Global Medical's open interest, investors have to compare it to Global Medical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Global Medical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Global. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Global Medical cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Global Medical's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Global Medical's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 9.16 | 9.3 |
| Check Global Medical Volatility | Backtest Global Medical | Information Ratio |
Global Medical Trading Date Momentum
| On May 31 2024 Global Medical REIT was traded for 9.29 at the closing time. The top price for the day was 9.37 and the lowest listed price was 9.24 . The trading volume for the day was 528.2 K. The trading history from May 31, 2024 did not cause price change. The overall trading delta against the current closing price is 0.32% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Global Medical to competition |
Other Forecasting Options for Global Medical
For every potential investor in Global, whether a beginner or expert, Global Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Global Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Global. Basic forecasting techniques help filter out the noise by identifying Global Medical's price trends.Global Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Global Medical stock to make a market-neutral strategy. Peer analysis of Global Medical could also be used in its relative valuation, which is a method of valuing Global Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Global Medical REIT Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Global Medical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Global Medical's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Global Medical Market Strength Events
Market strength indicators help investors to evaluate how Global Medical 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 Medical shares will generate the highest return on investment. By undertsting and applying Global Medical stock market strength indicators, traders can identify Global Medical REIT entry and exit signals to maximize returns.
| Accumulation Distribution | 7328.66 | |||
| Daily Balance Of Power | 0.8462 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 9.31 | |||
| Day Typical Price | 9.3 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.11 |
Global Medical Risk Indicators
The analysis of Global Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Global Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting global stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.36 | |||
| Semi Deviation | 2.06 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.36 | |||
| Downside Variance | 4.43 | |||
| Semi Variance | 4.25 | |||
| Expected Short fall | (1.27) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Global Medical REIT is a strong investment it is important to analyze Global Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Medical's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Global Medical to cross-verify your projections. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Global Stock analysis
When running Global Medical's price analysis, check to measure Global Medical'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 Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical'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 Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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Is Global Medical's industry 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 Medical. 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 Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.84 | Earnings Share 0.23 | Revenue Per Share 2.134 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0177 |
The market value of Global Medical REIT 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 Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical'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 Medical's market value can be influenced by many factors that don't directly affect Global Medical'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 Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical'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.