Globe Metals (Australia) Buy Hold or Sell Recommendation
| GBE Stock | 0.04 0 2.38% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Globe Metals Mining is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Globe Metals Mining given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Globe Metals Mining, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Globe Metals 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. Note, we conduct extensive research on individual companies such as Globe and provide practical buy, sell, or hold advice based on investors' constraints. Globe Metals Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Globe |
Execute Globe Metals Buy or Sell Advice
The Globe recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Globe Metals Mining. Macroaxis does not own or have any residual interests in Globe Metals Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Globe Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Globe Metals Trading Alerts and Improvement Suggestions
| Globe Metals Mining generated a negative expected return over the last 90 days | |
| Globe Metals Mining has some characteristics of a very speculative penny stock | |
| Globe Metals Mining has high historical volatility and very poor performance | |
| Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 2 K. | |
| Globe Metals generates negative cash flow from operations | |
| About 84.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Year wrapped Globe Metals Mining outlook for 2025 - Proactive financial news |
Globe Metals Returns Distribution Density
The distribution of Globe Metals' historical returns is an attempt to chart the uncertainty of Globe Metals' future price movements. The chart of the probability distribution of Globe Metals daily returns describes the distribution of returns around its average expected value. We use Globe Metals Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Globe Metals returns is essential to provide solid investment advice for Globe Metals.
| Mean Return | -0.07 | Value At Risk | -8.16 | Potential Upside | 7.32 | Standard Deviation | 4.56 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Globe Metals 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.
Globe Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.2M) | (2.4M) | (2.4M) | (187K) | 903K | 948.2K | |
| Free Cash Flow | (2.2M) | (2.3M) | (3.8M) | (2.8M) | (4.1M) | (4.3M) | |
| Depreciation | 13K | 17K | 60K | 22K | 21K | 20.0K | |
| Other Non Cash Items | (49K) | (96K) | 416K | 1.0M | 50K | 52.5K | |
| Capital Expenditures | 794K | 1.1M | 1.5M | 754K | 1.3M | 1.0M | |
| Net Income | (1.4M) | (1.4M) | (2.8M) | (2.7M) | (3.4M) | (3.6M) | |
| End Period Cash Flow | 5.2M | 2.8M | 431K | 244K | 1.1M | 1.1M | |
| Investments | (794K) | (1.1M) | (1.0M) | (428K) | (492.2K) | (516.8K) |
Globe Metals 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 Globe Metals or Metals & Mining 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 Globe Metals' 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 Globe 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 Dow Jones | 0.11 | |
β | Beta against Dow Jones | -2.13 | |
σ | Overall volatility | 4.56 | |
Ir | Information ratio | -0.04 |
Globe Metals Volatility Alert
Globe Metals Mining exhibits very low volatility with skewness of 0.0 and kurtosis of 1.64. Globe Metals Mining is a penny stock. Although Globe Metals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Globe Metals Mining. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Globe instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Globe Metals Fundamentals Vs Peers
Comparing Globe Metals' 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 Globe Metals' direct or indirect competition across all of the common fundamentals between Globe Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Globe Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Globe Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Globe Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Globe Metals to competition |
| Fundamentals | Globe Metals | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | -0.0531 | -0.14 |
| Current Valuation | 29.06 M | 16.62 B |
| Shares Outstanding | 694.65 M | 571.82 M |
| Shares Owned By Insiders | 83.73 % | 10.09 % |
| Price To Book | 0.87 X | 9.51 X |
| Price To Sales | 15,203 X | 11.42 X |
| Revenue | (2 K) | 9.43 B |
| Gross Profit | 2 K | 27.38 B |
| EBITDA | (2.69 M) | 3.9 B |
| Net Income | (3.43 M) | 570.98 M |
| Total Debt | 275 K | 5.32 B |
| Book Value Per Share | 0.05 X | 1.93 K |
| Cash Flow From Operations | (2.83 M) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Target Price | 0.6 | |
| Beta | 0.41 | -0.15 |
| Market Capitalization | 28.48 M | 19.03 B |
| Total Asset | 33.02 M | 29.47 B |
| Retained Earnings | (57.34 M) | 9.33 B |
| Working Capital | (565 K) | 1.48 B |
| Net Asset | 33.02 M |
Globe Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Globe . 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 Globe Metals Buy or Sell Advice
When is the right time to buy or sell Globe Metals Mining? Buying financial instruments such as Globe 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 Globe Metals 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 Precious Metals Thematic Idea Now
Precious Metals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Precious Metals theme has 61 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 Precious Metals Theme or any other thematic opportunities.
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Additional Tools for Globe Stock Analysis
When running Globe Metals' price analysis, check to measure Globe Metals' 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 Globe Metals is operating at the current time. Most of Globe Metals' value examination focuses on studying past and present price action to predict the probability of Globe Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Metals' price. Additionally, you may evaluate how the addition of Globe Metals to your portfolios can decrease your overall portfolio volatility.