Globus Medical Stock Probability of Future Stock Price Finishing Under 42.14

GMED Stock  USD 53.06  1.44  2.79%   
Globus Medical's implied volatility is one of the determining factors in the pricing options written on Globus Medical. Implied volatility approximates the future value of Globus Medical based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Globus Medical over a specific time period. For example, 2024-04-19 CALL at $52.5 is a CALL option contract on Globus Medical's common stock with a strick price of 52.5 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:55:16 for $1.85 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.75, and an ask price of $2.15. The implied volatility as of the 28th of March is 28.24. View All Globus options

Closest to current price Globus long CALL Option Payoff at Expiration

Globus Medical's future price is the expected price of Globus Medical instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Globus Medical performance during a given time horizon utilizing its historical volatility. Check out Globus Medical Backtesting, Globus Medical Valuation, Globus Medical Correlation, Globus Medical Hype Analysis, Globus Medical Volatility, Globus Medical History as well as Globus Medical Performance.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
  
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Globus Medical Target Price Odds to finish below 42.14

The tendency of Globus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 42.14  or more in 90 days
 53.06 90 days 42.14 
near 1
Based on a normal probability distribution, the odds of Globus Medical to drop to $ 42.14  or more in 90 days from now is near 1 (This Globus Medical probability density function shows the probability of Globus Stock to fall within a particular range of prices over 90 days) . Probability of Globus Medical price to stay between $ 42.14  and its current price of $53.06 at the end of the 90-day period is about 31.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.23 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Globus Medical will likely underperform. Additionally Globus Medical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Globus Medical Price Density   
       Price  

Predictive Modules for Globus Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Globus Medical. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globus Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
51.5153.0654.61
Details
Intrinsic
Valuation
LowRealHigh
51.9053.4555.00
Details
Naive
Forecast
LowNextHigh
51.4753.0254.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
50.3251.9453.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Globus Medical. Your research has to be compared to or analyzed against Globus Medical's peers to derive any actionable benefits. When done correctly, Globus Medical'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 Globus Medical.

Globus Medical Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Globus Medical is not an exception. The market had few large corrections towards the Globus Medical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Globus Medical, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Globus Medical within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.18
β
Beta against NYSE Composite1.23
σ
Overall volatility
1.44
Ir
Information ratio -0.1

Globus Medical Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Globus Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Globus Medical can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.

Globus Medical Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Globus Stock often depends not only on the future outlook of the current and potential Globus Medical'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. Globus Medical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding114.6 M
Cash And Short Term Investments517.8 M

Globus Medical Technical Analysis

Globus Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Globus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globus Medical. In general, you should focus on analyzing Globus Stock price patterns and their correlations with different microeconomic environments and drivers.

Globus Medical Predictive Forecast Models

Globus Medical's time-series forecasting models is one of many Globus Medical's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Globus Medical's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Globus Medical

Checking the ongoing alerts about Globus Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Globus Medical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
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 Backtesting, Globus Medical Valuation, Globus Medical Correlation, Globus Medical Hype Analysis, Globus Medical Volatility, Globus Medical History as well as Globus Medical Performance.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Globus Stock analysis

When running Globus Medical's price analysis, check to measure Globus 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 Globus Medical is operating at the current time. Most of Globus Medical's value examination focuses on studying past and present price action to predict the probability of Globus 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 Globus Medical's price. Additionally, you may evaluate how the addition of Globus Medical to your portfolios can decrease your overall portfolio volatility.
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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.