Gofore Oyj (Finland) Performance
| GOFORE Stock | EUR 22.75 0.05 0.22% |
Gofore Oyj has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0099, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gofore Oyj are expected to decrease at a much lower rate. During the bear market, Gofore Oyj is likely to outperform the market. Gofore Oyj right now retains a risk of 1.95%. Please check out Gofore Oyj value at risk, and the relationship between the jensen alpha and skewness , to decide if Gofore Oyj will be following its current trending patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Gofore Oyj are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent technical and fundamental indicators, Gofore Oyj may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| Begin Period Cash Flow | 21.4 M | |
| Total Cashflows From Investing Activities | -10 M |
Gofore |
Gofore Oyj Relative Risk vs. Return Landscape
If you would invest 2,155 in Gofore Oyj on October 11, 2024 and sell it today you would earn a total of 120.00 from holding Gofore Oyj or generate 5.57% return on investment over 90 days. Gofore Oyj is generating 0.112% of daily returns and assumes 1.9461% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Gofore, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gofore Oyj Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gofore Oyj's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gofore Oyj, and traders can use it to determine the average amount a Gofore Oyj's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0576
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| Cash | Small Risk | GOFORE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Gofore Oyj is performing at about 4% of its full potential. 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 Gofore Oyj by adding it to a well-diversified portfolio.
Gofore Oyj Fundamentals Growth
Gofore Stock prices reflect investors' perceptions of the future prospects and financial health of Gofore Oyj, and Gofore Oyj fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gofore Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0836 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 341.66 M | |||
| Shares Outstanding | 15.51 M | |||
| Price To Earning | 23.16 X | |||
| Price To Book | 5.12 X | |||
| Price To Sales | 2.82 X | |||
| Revenue | 104.51 M | |||
| EBITDA | 16.42 M | |||
| Cash And Equivalents | 15.42 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 7.45 M | |||
| Debt To Equity | 16.70 % | |||
| Book Value Per Share | 4.55 X | |||
| Cash Flow From Operations | 14.19 M | |||
| Earnings Per Share | 0.74 X | |||
| Total Asset | 101.9 M | |||
About Gofore Oyj Performance
By analyzing Gofore Oyj's fundamental ratios, stakeholders can gain valuable insights into Gofore Oyj's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Gofore Oyj has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Gofore Oyj has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Gofore Oyj provides digitalization services for corporate customers and public sector operators in Finland and rest of Europe. The company was founded in 2002 and is headquartered in Tampere, Finland. Gofore Oyj is traded on Helsinki Exchange in Finland.Things to note about Gofore Oyj performance evaluation
Checking the ongoing alerts about Gofore Oyj for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gofore Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 46.0% of the company shares are held by company insiders |
- Analyzing Gofore Oyj's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gofore Oyj's stock is overvalued or undervalued compared to its peers.
- Examining Gofore Oyj's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gofore Oyj's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gofore Oyj's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gofore Oyj's stock. These opinions can provide insight into Gofore Oyj's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Gofore Stock analysis
When running Gofore Oyj's price analysis, check to measure Gofore Oyj'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 Gofore Oyj is operating at the current time. Most of Gofore Oyj's value examination focuses on studying past and present price action to predict the probability of Gofore Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gofore Oyj's price. Additionally, you may evaluate how the addition of Gofore Oyj to your portfolios can decrease your overall portfolio volatility.
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