Global Medical Reit Stock Price History

GMRE Stock  USD 8.70  0.03  0.34%   
Below is the normalized historical share price chart for Global Medical REIT extending back to June 21, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Global Medical stands at 8.70, as last reported on the 22nd of November, with the highest price reaching 8.78 and the lowest price hitting 8.65 during the day.
IPO Date
29th of June 2016
200 Day MA
9.086
50 Day MA
9.386
Beta
1.281
 
Yuan Drop
 
Covid
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. Global Medical REIT holds Efficiency (Sharpe) Ratio of -0.0574, which attests that the entity had a -0.0574% return per unit of risk over the last 3 months. Global Medical REIT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Medical's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.13), and Standard Deviation of 1.3 to validate the risk estimate we provide.
  
At present, Global Medical's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.3 B, whereas Capital Stock is forecasted to decline to about 82.5 M. . At present, Global Medical's Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 11.16, whereas Price Earnings To Growth Ratio is projected to grow to (0.09). Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0574

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Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Global Medical 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 Global Medical by adding Global Medical to a well-diversified portfolio.
Price Book
1.2344
Enterprise Value Ebitda
14.4118
Price Sales
4.4135
Shares Float
63 M
Dividend Share
0.84

Global Medical Stock Price History Chart

There are several ways to analyze Global Stock price data. The simplest method is using a basic Global candlestick price chart, which shows Global Medical 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 PriceSeptember 19, 20249.95
Lowest PriceNovember 18, 20248.58

Global Medical November 22, 2024 Stock Price Synopsis

Various analyses of Global Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Global Stock. It can be used to describe the percentage change in the price of Global Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Global Stock.
Global Medical Accumulation Distribution 6,040 
Global Medical Price Daily Balance Of Power(0.23)
Global Medical Price Action Indicator(0.03)
Global Medical Price Rate Of Daily Change 1.00 

Global Medical November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Global 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 Global Medical intraday prices and daily technical indicators to check the level of noise trading in Global Stock and then apply it to test your longer-term investment strategies against Global.

Global Stock Price History Data

The price series of Global Medical for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 1.37 with a coefficient of variation of 4.03. Under current investment horizon, the daily prices are spread out with arithmetic mean of 9.29. The median price for the last 90 days is 9.24. The company completed 1:400 stock split on 17th of November 2014. Global Medical REIT completed dividends distribution on 2024-09-20.
OpenHighLowCloseVolume
11/22/2024 8.76  8.78  8.65  8.70  407,917 
11/21/2024 8.64  8.78  8.63  8.73  265,956 
11/20/2024 8.63  8.66  8.53  8.64  322,247 
11/19/2024 8.56  8.74  8.53  8.67  383,040 
11/18/2024 8.55  8.61  8.21  8.58  686,646 
11/15/2024 8.70  8.74  8.59  8.63  347,962 
11/14/2024 8.92  8.92  8.64  8.67  368,882 
11/13/2024 8.84  9.10  8.84  8.89  503,315 
11/12/2024 8.85  8.94  8.65  8.79  473,299 
11/11/2024 8.97  9.03  8.89  8.89  319,690 
11/08/2024 9.03  9.08  8.92  8.96  781,282 
11/07/2024 9.23  9.23  8.83  8.98  578,166 
11/06/2024 9.35  9.40  9.10  9.25  521,241 
11/05/2024 9.10  9.23  9.01  9.22  263,958 
11/04/2024 9.00  9.18  9.00  9.10  248,623 
11/01/2024 9.12  9.18  8.94  8.98  227,517 
10/31/2024 9.31  9.31  9.08  9.09  240,069 
10/30/2024 9.20  9.41  9.20  9.31  193,483 
10/29/2024 9.15  9.25  9.07  9.24  197,836 
10/28/2024 9.27  9.33  9.16  9.20  226,723 
10/25/2024 9.47  9.47  9.17  9.19  201,175 
10/24/2024 9.40  9.49  9.39  9.39  277,880 
10/23/2024 9.34  9.40  9.31  9.39  277,729 
10/22/2024 9.34  9.43  9.30  9.39  216,675 
10/21/2024 9.58  9.61  9.34  9.34  297,960 
10/18/2024 9.57  9.63  9.51  9.59  351,813 
10/17/2024 9.56  9.57  9.44  9.48  382,167 
10/16/2024 9.49  9.61  9.49  9.59  284,332 
10/15/2024 9.34  9.55  9.31  9.46  378,197 
10/14/2024 9.31  9.39  9.27  9.33  222,638 
10/11/2024 9.21  9.35  9.20  9.34  265,139 
10/10/2024 9.22  9.29  9.13  9.21  305,548 
10/09/2024 9.29  9.36  9.24  9.29  251,780 
10/08/2024 9.40  9.47  9.23  9.31  403,709 
10/07/2024 9.38  9.47  9.33  9.40  299,580 
10/04/2024 9.54  9.57  9.34  9.44  285,613 
10/03/2024 9.59  9.59  9.47  9.50  367,149 
10/02/2024 9.76  9.80  9.60  9.64  237,476 
10/01/2024 9.91  9.96  9.81  9.83  246,227 
09/30/2024 9.87  9.97  9.83  9.91  283,019 
09/27/2024 9.91  9.97  9.82  9.88  373,417 
09/26/2024 9.98  9.98  9.76  9.82  385,687 
09/25/2024 9.90  9.98  9.87  9.94  459,151 
09/24/2024 9.83  9.94  9.77  9.88  476,962 
09/23/2024 9.72  9.88  9.72  9.79  346,468 
09/20/2024 9.88  9.94  9.72  9.72  1,609,779 
09/19/2024 10.21  10.24  9.93  9.95  1,248,272 
09/18/2024 10.15  10.16  9.93  9.93  641,023 
09/17/2024 9.91  10.09  9.88  9.94  1,133,459 
09/16/2024 9.79  9.93  9.63  9.86  593,993 
09/13/2024 9.55  9.79  9.52  9.78  324,142 
09/12/2024 9.25  9.48  9.22  9.45  378,685 
09/11/2024 9.05  9.23  9.04  9.20  495,917 
09/10/2024 8.70  9.16  8.66  9.14  506,139 
09/09/2024 8.89  8.93  8.84  8.87  264,341 
09/06/2024 9.01  9.05  8.88  8.95  230,149 
09/05/2024 9.06  9.18  8.97  8.98  231,533 
09/04/2024 9.06  9.23  9.01  9.04  361,374 
09/03/2024 9.03  9.16  9.03  9.08  316,143 
08/30/2024 9.07  9.14  9.01  9.12  251,091 
08/29/2024 9.12  9.16  9.03  9.03  316,910 

About Global Medical Stock history

Global Medical 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 Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Medical REIT 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 Global Medical stock prices may prove useful in developing a viable investing in Global Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding65.5 M68.8 M
Net Income Applicable To Common Shares15.3 M16.1 M

Global Medical Stock Technical Analysis

Global Medical 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 Global Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Global Medical 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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Global Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Global Medical's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global 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.

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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