Goodness Growth Holdings Stock Price on May 17, 2024

GDNSF Stock  USD 0.27  0.02  6.90%   
If you're considering investing in Goodness OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goodness Growth stands at 0.27, as last reported on the 15th of December 2024, with the highest price reaching 0.30 and the lowest price hitting 0.26 during the day. Goodness Growth Holdings holds Efficiency (Sharpe) Ratio of -0.0903, which attests that the entity had a -0.0903% return per unit of risk over the last 3 months. Goodness Growth Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goodness Growth's Standard Deviation of 6.76, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of 1.54 to validate the risk estimate we provide.
  
Goodness OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0903

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Estimated Market Risk

 6.8
  actual daily
60
60% of assets are less volatile

Expected Return

 -0.61
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goodness Growth 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 Goodness Growth by adding Goodness Growth to a well-diversified portfolio.

Goodness Growth Valuation on May 17, 2024

It is possible to determine the worth of Goodness Growth on a given historical date. On May 17, 2024 Goodness was worth 0.68 at the beginning of the trading date compared to the closed value of 0.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodness Growth otc stock. Still, in general, we apply an absolute valuation method to find Goodness Growth's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goodness Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodness Growth's related companies.
 Open High Low Close Volume
  0.57    0.68    0.57    0.68    528,900  
05/17/2024
  0.68    0.68    0.61    0.68    447,500  
  0.66    0.68    0.61    0.65    105,000  
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Open Value
0.68
0.68
Closing Value
21.09
Upside

Goodness Growth Trading Date Momentum on May 17, 2024

On May 20 2024 Goodness Growth Holdings was traded for  0.65  at the closing time. The highest daily price throughout the period was 0.68  and the lowest price was  0.61 . The daily volume was 105 K. The net trading volume on 05/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.41% . The overall trading delta to current closing price is 7.35% .

Goodness Growth Holdings Fundamentals Correlations and Trends

By evaluating Goodness Growth's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goodness Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goodness financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goodness Growth OTC Stock history

Goodness Growth 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 Goodness is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodness Growth Holdings 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 Goodness Growth stock prices may prove useful in developing a viable investing in Goodness Growth
Goodness Growth Holdings, Inc. operates as a physician-led cannabis company in the United States. Goodness Growth Holdings, Inc. is headquartered in Minneapolis, Minnesota. Goodness Growth operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 500 people.

Goodness Growth OTC Stock Technical Analysis

Goodness Growth technical otc 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, otc market cycles, or different charting patterns.
A focus of Goodness Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodness Growth 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...

Price Boundaries

Goodness Growth Period Price Range

Low
December 15, 2024
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Goodness Growth Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Goodness Growth December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Goodness Growth otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodness Growth shares will generate the highest return on investment. By undertsting and applying Goodness Growth otc stock market strength indicators, traders can identify Goodness Growth Holdings entry and exit signals to maximize returns

Goodness Growth Technical and Predictive Indicators

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

When running Goodness Growth's price analysis, check to measure Goodness Growth'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 Goodness Growth is operating at the current time. Most of Goodness Growth's value examination focuses on studying past and present price action to predict the probability of Goodness Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodness Growth's price. Additionally, you may evaluate how the addition of Goodness Growth to your portfolios can decrease your overall portfolio volatility.
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