Globus Medical Stock Buy Hold or Sell Recommendation

GMED Stock  USD 53.06  1.44  2.79%   
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Globus Medical is 'Buy'. Macroaxis provides Globus Medical buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GMED positions. The advice algorithm takes into account all of Globus Medical's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Globus Medical's buy or sell advice are summarized below:
Real Value
53.45
Hype Value
53.06
Market Value
53.06
Naive Value
53.02
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Globus Medical given historical horizon and risk tolerance towards Globus Medical. When Macroaxis issues a 'buy' or 'sell' recommendation for Globus Medical, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Globus Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
In addition, we conduct extensive research on individual companies such as Globus and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Globus Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Execute Globus Medical Buy or Sell Advice

The Globus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Globus Medical. Macroaxis does not own or have any residual interests in Globus Medical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Globus Medical's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Globus MedicalBuy Globus Medical
Buy

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Globus Medical has a Risk Adjusted Performance of 0.0014, Jensen Alpha of (0.18), Total Risk Alpha of (0.37) and Treynor Ratio of (0.02)
Our investment recommendation module provides unbiased trade recommendations that can be used to complement current average analyst sentiment on Globus Medical. Our investment recommendation engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Globus Medical is not overpriced, please check out all Globus Medical fundamentals, including its net income, book value per share, and the relationship between the revenue and total debt . Given that Globus Medical has a price to earning of 73.16 X, we strongly advise you to confirm Globus Medical market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Globus Medical Trading Alerts and Improvement Suggestions

Globus Medical Returns Distribution Density

The distribution of Globus Medical's historical returns is an attempt to chart the uncertainty of Globus Medical's future price movements. The chart of the probability distribution of Globus Medical daily returns describes the distribution of returns around its average expected value. We use Globus Medical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Globus Medical returns is essential to provide solid investment advice for Globus Medical.
Mean Return
-0.01
Value At Risk
-2.57
Potential Upside
1.86
Standard Deviation
1.53
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Globus Medical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Globus Medical Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Globus Medical or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Globus Medical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Globus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.18
β
Beta against NYSE Composite1.23
σ
Overall volatility
1.55
Ir
Information ratio -0.1

Globus Medical Volatility Alert

Globus Medical exhibits very low volatility with skewness of -1.12 and kurtosis of 3.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Globus Medical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Globus Medical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Globus Medical Fundamentals Vs Peers

Comparing Globus Medical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Globus Medical's direct or indirect competition across all of the common fundamentals between Globus Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Globus Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Globus Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Globus Medical by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Globus Medical to competition
FundamentalsGlobus MedicalPeer Average
Return On Equity0.0421-0.31
Return On Asset0.0477-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.13 %(5.51) %
Current Valuation6.93 B16.62 B
Shares Outstanding112.94 M571.82 M
Shares Owned By Insiders0.79 %10.09 %
Shares Owned By Institutions96.97 %39.21 %
Number Of Shares Shorted5.73 M4.71 M
Price To Earning73.16 X28.72 X
Price To Book1.73 X9.51 X
Price To Sales4.41 X11.42 X
Revenue1.57 B9.43 B
Gross Profit759.12 M27.38 B
EBITDA401.03 M3.9 B
Net Income122.87 M570.98 M
Cash And Equivalents408.01 M2.7 B
Cash Per Share4.10 X5.01 X
Total Debt520.4 M5.32 B
Debt To Equity0 %48.70 %
Current Ratio6.10 X2.16 X
Book Value Per Share29.32 X1.93 K
Cash Flow From Operations243.5 M971.22 M
Short Ratio5.12 X4.00 X
Earnings Per Share1.07 X3.12 X
Price To Earnings To Growth1.73 X4.89 X
Target Price61.46
Number Of Employees5 K18.84 K
Beta1.09-0.15
Market Capitalization6.92 B19.03 B
Total Asset5.09 B29.47 B
Retained Earnings1.14 B9.33 B
Working Capital1.52 B1.48 B
Note: Acquisition by James Tobin of 15000 shares of Globus Medical subject to Rule 16b-3 [view details]

Globus Medical Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Globus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Globus Medical Buy or Sell Advice

When is the right time to buy or sell Globus Medical? Buying financial instruments such as Globus Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Globus Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Disruptive Technologies Thematic Idea Now

Disruptive Technologies
Disruptive Technologies Theme
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 63 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
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When determining whether Globus Medical is a strong investment it is important to analyze Globus 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 Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out Globus Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
Note that the Globus Medical information on this page should be used as a complementary analysis to other Globus Medical's 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Globus 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 Globus Medical. If investors know Globus 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 Globus Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus 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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus 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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus 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.