Gogoro Inc Stock Market Value
| GGR Stock | USD 0.43 0.01 2.38% |
| Symbol | Gogoro |
Gogoro Inc Price To Book Ratio
Is Automotive Parts & Equipment space 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 Gogoro. If investors know Gogoro 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 Gogoro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share | Quarterly Revenue Growth (0.20) | Return On Assets | Return On Equity |
The market value of Gogoro Inc is measured differently than its book value, which is the value of Gogoro that is recorded on the company's balance sheet. Investors also form their own opinion of Gogoro's value that differs from its market value or its book value, called intrinsic value, which is Gogoro'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 Gogoro's market value can be influenced by many factors that don't directly affect Gogoro'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 Gogoro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogoro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogoro'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.
Gogoro 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gogoro's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gogoro.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Gogoro on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Gogoro Inc or generate 0.0% return on investment in Gogoro over 30 days. Gogoro is related to or competes with Motorcar Parts, Stoneridge, Superior Industries, Lear, Dorman Products, Gentex, and Adient PLC. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes s... More
Gogoro Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gogoro's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gogoro Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.62 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 8.51 |
Gogoro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gogoro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gogoro's standard deviation. In reality, there are many statistical measures that can use Gogoro historical prices to predict the future Gogoro's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.0384 | |||
| Treynor Ratio | 0.6191 |
Gogoro Inc Backtested Returns
Gogoro Inc holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15 % return per unit of risk over the last 3 months. Gogoro Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gogoro's Standard Deviation of 4.17, market risk adjusted performance of 0.6291, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gogoro are expected to decrease at a much lower rate. During the bear market, Gogoro is likely to outperform the market. At this point, Gogoro Inc has a negative expected return of -0.58%. Please make sure to check out Gogoro's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Gogoro Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Gogoro Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Gogoro time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gogoro Inc price movement. The serial correlation of -0.78 indicates that around 78.0% of current Gogoro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gogoro Inc lagged returns against current returns
Autocorrelation, which is Gogoro stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gogoro's stock expected returns. We can calculate the autocorrelation of Gogoro returns to help us make a trade decision. For example, suppose you find that Gogoro has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gogoro regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gogoro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gogoro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gogoro stock over time.
Current vs Lagged Prices |
| Timeline |
Gogoro Lagged Returns
When evaluating Gogoro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gogoro stock have on its future price. Gogoro autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gogoro autocorrelation shows the relationship between Gogoro stock current value and its past values and can show if there is a momentum factor associated with investing in Gogoro Inc.
Regressed Prices |
| Timeline |
Additional Tools for Gogoro Stock Analysis
When running Gogoro's price analysis, check to measure Gogoro'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 Gogoro is operating at the current time. Most of Gogoro's value examination focuses on studying past and present price action to predict the probability of Gogoro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro's price. Additionally, you may evaluate how the addition of Gogoro to your portfolios can decrease your overall portfolio volatility.