Globalfoundries Stock Price History

GFS Stock  USD 51.09  0.51  0.99%   
If you're considering investing in Globalfoundries Stock, it is important to understand the factors that can impact its price. As of today, the current price of Globalfoundries stands at 51.09, as last reported on the 13th of May 2024, with the highest price reaching 52.24 and the lowest price hitting 50.89 during the day. Globalfoundries holds Efficiency (Sharpe) Ratio of -0.04, which attests that the entity had a -0.04% return per unit of risk over the last 3 months. Globalfoundries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Globalfoundries' Risk Adjusted Performance of 0.0017, standard deviation of 2.18, and Market Risk Adjusted Performance of (0.01) to validate the risk estimate we provide.
  
Stock Based Compensation is likely to gain to about 157.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 553.8 M in 2024. . At this time, Globalfoundries' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 34.44 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 14.95 in 2024. Globalfoundries Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.04

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Estimated Market Risk

 2.13
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Globalfoundries 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 Globalfoundries by adding Globalfoundries to a well-diversified portfolio.
Price Book
2.4616
Enterprise Value Ebitda
9.9153
Price Sales
3.6955
Shares Float
84.3 M
Wall Street Target Price
61.79

Globalfoundries Stock Price History Chart

There are several ways to analyze Globalfoundries Stock price data. The simplest method is using a basic Globalfoundries candlestick price chart, which shows Globalfoundries price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 1, 202455.66
Lowest PriceApril 19, 202446.26

Globalfoundries May 13, 2024 Stock Price Synopsis

Various analyses of Globalfoundries' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Globalfoundries Stock. It can be used to describe the percentage change in the price of Globalfoundries from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Globalfoundries Stock.
Globalfoundries Price Daily Balance Of Power(0.38)
Globalfoundries Price Rate Of Daily Change 0.99 
Globalfoundries Price Action Indicator(0.73)

Globalfoundries May 13, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Globalfoundries Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Globalfoundries intraday prices and daily technical indicators to check the level of noise trading in Globalfoundries Stock and then apply it to test your longer-term investment strategies against Globalfoundries.

Globalfoundries Stock Price History Data

The price series of Globalfoundries for the period between Tue, Feb 13, 2024 and Mon, May 13, 2024 has a statistical range of 9.68 with a coefficient of variation of 5.09. Under current investment horizon, the daily prices are spread out with arithmetic mean of 51.52. The median price for the last 90 days is 52.1.
OpenHighLowCloseVolume
05/13/2024
 51.70  52.24  50.89  51.09 
05/10/2024 51.70  52.24  50.89  51.09  922,412 
05/09/2024 52.29  52.48  51.31  51.60  1,023,133 
05/08/2024 53.26  53.37  51.96  52.36  1,512,400 
05/07/2024 52.16  55.76  52.10  53.26  3,583,900 
05/06/2024 49.50  50.67  49.37  49.73  2,021,196 
05/03/2024 48.80  50.17  48.72  49.27  1,515,902 
05/02/2024 47.46  48.35  46.93  48.28  1,329,630 
05/01/2024 48.23  48.57  46.97  47.04  1,322,400 
04/30/2024 48.60  49.27  48.60  48.88  1,470,400 
04/29/2024 48.40  49.14  48.40  48.80  686,900 
04/26/2024 47.07  48.78  47.07  48.39  797,761 
04/25/2024 47.44  48.36  47.32  47.79  1,097,300 
04/24/2024 46.69  47.53  46.44  47.31  1,824,667 
04/23/2024 46.29  47.08  46.19  46.35  1,115,406 
04/22/2024 46.51  46.81  45.52  46.37  1,286,600 
04/19/2024 46.82  47.22  46.23  46.26  2,175,110 
04/18/2024 47.23  47.23  46.42  46.89  1,413,473 
04/17/2024 47.71  48.26  47.20  47.36  1,242,900 
04/16/2024 47.63  48.53  47.02  47.80  1,175,839 
04/15/2024 50.19  50.19  46.73  47.26  2,580,308 
04/12/2024 50.08  50.25  49.19  49.38  1,437,755 
04/11/2024 49.73  51.47  49.20  51.19  1,481,800 
04/10/2024 50.49  50.71  48.90  49.35  1,875,380 
04/09/2024 50.78  52.13  50.78  51.69  1,467,954 
04/08/2024 50.06  51.15  50.02  50.26  775,634 
04/05/2024 50.62  51.12  49.90  50.55  994,173 
04/04/2024 52.22  52.78  50.48  50.52  1,010,872 
04/03/2024 50.67  51.48  50.32  51.23  1,322,172 
04/02/2024 51.35  51.35  50.81  51.11  881,637 
04/01/2024 52.37  53.20  51.71  51.79  836,118 
03/28/2024 51.71  52.75  51.71  52.11  980,635 
03/27/2024 51.55  51.85  51.05  51.73  1,265,320 
03/26/2024 51.91  52.18  50.61  50.79  1,485,498 
03/25/2024 51.56  52.19  51.53  51.85  514,807 
03/22/2024 52.21  52.55  51.67  52.21  568,473 
03/21/2024 53.56  54.22  52.42  52.48  1,117,021 
03/20/2024 51.20  52.54  50.57  52.44  978,073 
03/19/2024 51.58  51.80  50.68  51.29  863,989 
03/18/2024 52.00  52.97  51.92  52.10  1,190,610 
03/15/2024 52.11  52.60  51.77  51.88  2,632,316 
03/14/2024 53.70  53.80  52.14  52.56  1,664,053 
03/13/2024 53.64  54.18  53.15  53.73  1,056,716 
03/12/2024 53.91  54.13  52.88  54.00  1,300,500 
03/11/2024 52.25  53.52  51.46  53.46  1,402,600 
03/08/2024 53.44  54.14  52.22  52.41  1,698,457 
03/07/2024 53.35  55.10  53.30  53.80  1,425,239 
03/06/2024 52.84  53.33  52.29  52.57  1,333,773 
03/05/2024 53.08  54.01  51.96  52.53  1,997,053 
03/04/2024 55.94  55.99  54.51  54.62  1,687,765 
03/01/2024 54.97  56.40  54.01  55.66  1,472,582 
02/29/2024 53.16  54.77  52.98  54.67  1,967,341 
02/28/2024 52.97  53.22  52.37  52.64  1,133,437 
02/27/2024 55.00  55.10  53.47  53.50  1,343,516 
02/26/2024 53.42  54.55  53.39  54.52  972,038 
02/23/2024 54.16  54.33  52.99  53.15  1,050,500 
02/22/2024 54.51  54.77  52.90  54.11  2,659,151 
02/21/2024 54.39  54.40  52.40  53.39  2,080,275 
02/20/2024 55.90  56.00  53.31  54.50  4,281,190 
02/16/2024 54.27  54.34  52.22  53.38  2,476,136 
02/15/2024 55.44  55.61  53.75  54.33  1,922,009 

About Globalfoundries Stock history

Globalfoundries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Globalfoundries is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Globalfoundries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Globalfoundries stock prices may prove useful in developing a viable investing in Globalfoundries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding556 M553.8 M
Net Income Applicable To Common Shares1.7 B1.7 B

Globalfoundries Quarterly Net Working Capital

3.36 Billion

Globalfoundries Stock Technical Analysis

Globalfoundries 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.
A focus of Globalfoundries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Globalfoundries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Globalfoundries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Globalfoundries' price direction in advance. Along with the technical and fundamental analysis of Globalfoundries Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Globalfoundries to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Globalfoundries is a strong investment it is important to analyze Globalfoundries' 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 Globalfoundries' future performance. For an informed investment choice regarding Globalfoundries Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globalfoundries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.
Note that the Globalfoundries information on this page should be used as a complementary analysis to other Globalfoundries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Globalfoundries' price analysis, check to measure Globalfoundries' 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 Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.
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Is Globalfoundries' 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 Globalfoundries. If investors know Globalfoundries 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 Globalfoundries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
1.61
Revenue Per Share
12.833
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0363
The market value of Globalfoundries is measured differently than its book value, which is the value of Globalfoundries that is recorded on the company's balance sheet. Investors also form their own opinion of Globalfoundries' value that differs from its market value or its book value, called intrinsic value, which is Globalfoundries' 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 Globalfoundries' market value can be influenced by many factors that don't directly affect Globalfoundries' 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 Globalfoundries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalfoundries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalfoundries' 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.