Goodness Growth Holdings Stock Price on October 22, 2024
GDNSF Stock | USD 0.32 0.01 3.03% |
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 0.32, as last reported on the 12th of December 2024, with the highest price reaching 0.35 and the lowest price hitting 0.32 during the day. Goodness Growth Holdings holds Efficiency (Sharpe) Ratio of -0.0555, which attests that the entity had a -0.0555% return per unit of risk over the last 3 months. Goodness Growth Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goodness Growth's Risk Adjusted Performance of (0.04), market risk adjusted performance of 0.3892, and Standard Deviation of 6.67 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.
Goodness |
Sharpe Ratio = -0.0555
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Estimated Market Risk
6.77 actual daily | 60 60% of assets are less volatile |
Expected Return
-0.38 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 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 October 22, 2024
It is possible to determine the worth of Goodness Growth on a given historical date. On October 22, 2024 Goodness was worth 0.45 at the beginning of the trading date compared to the closed value of 0.46. 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 | |
0.47 | 0.47 | 0.44 | 0.45 | 37,672 | |
10/22/2024 | 0.45 | 0.48 | 0.45 | 0.46 | 76,076 |
0.47 | 0.47 | 0.44 | 0.47 | 79,655 |
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Goodness Growth Trading Date Momentum on October 22, 2024
On October 23 2024 Goodness Growth Holdings was traded for 0.47 at the closing time. The highest daily price throughout the period was 0.47 and the lowest price was 0.44 . The daily volume was 79.7 K. The net trading volume on 10/23/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 2.17% . The overall trading delta to current closing price is 2.17% . |
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.
Price Boundaries
Goodness Growth Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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 12, 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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (1.51) | |||
Treynor Ratio | 0.3792 |
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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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