Gogo Inc Stock Alpha and Beta Analysis
| GOGO Stock | USD 7.78 0.09 1.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gogo Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gogo over a specified time horizon. Remember, high Gogo's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Gogo's market risk premium analysis include:
Beta 1.35 | Alpha (0.05) | Risk 4.94 | Sharpe Ratio 0.0359 | Expected Return 0.18 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Gogo |
Gogo Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gogo market risk premium is the additional return an investor will receive from holding Gogo long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gogo. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Gogo's performance over market.| α | -0.05 | β | 1.35 |
Gogo expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Gogo's Buy-and-hold return. Our buy-and-hold chart shows how Gogo performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gogo Market Price Analysis
Market price analysis indicators help investors to evaluate how Gogo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gogo shares will generate the highest return on investment. By understating and applying Gogo stock market price indicators, traders can identify Gogo position entry and exit signals to maximize returns.
Gogo Return and Market Media
The median price of Gogo for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 7.24 with a coefficient of variation of 8.31. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 7.31, and mean deviation of 0.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 46723 shares by Karen Jackson of Gogo at 10.2428 subject to Rule 16b-3 | 09/23/2024 |
2 | Disposition of 1500 shares by Leigh Goldfine of Gogo subject to Rule 16b-3 | 09/27/2024 |
3 | These 4 Measures Indicate That Gogo Is Using Debt Extensively | 10/04/2024 |
4 | Even after rising 6.2 percent this past week, Gogo shareholders are still down 56 percent over the past three years | 10/29/2024 |
5 | Acquisition by Crandall Robert L of 6833 shares of Gogo subject to Rule 16b-3 | 10/30/2024 |
6 | Disposition of 4249 shares by Crystal Gordon of Gogo subject to Rule 16b-3 | 11/01/2024 |
7 | Gogo Q3 2024 Earnings Preview | 11/04/2024 |
8 | Gogo Q3 Earnings Snapshot | 11/05/2024 |
9 | Gogo Inc Q3 2024 Earnings Call Highlights Strategic Moves and Revenue Growth Amidst ... | 11/06/2024 |
10 | Gogo Quite Undervalued Despite Gogo 5G Introduction - Seeking Alpha | 11/08/2024 |
11 | Gogo Shares Down 3.3 percent Heres Why | 11/22/2024 |
12 | Disposition of 3067 shares by Leigh Goldfine of Gogo subject to Rule 16b-3 | 11/29/2024 |
13 | Acquisition by Abad-santos Michael of 6615 shares of Gogo subject to Rule 16b-3 | 12/03/2024 |
14 | Acquisition by Townsend Charles C of 100 shares of Gogo at 7.3 subject to Rule 16b-3 | 12/04/2024 |
15 | Fmr LLC Has 40.59 Million Stock Position in Gogo Inc. - MarketBeat | 12/09/2024 |
About Gogo Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Gogo or other stocks. Alpha measures the amount that position in Gogo Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.94 | 9.96 | 8.26 | 10.44 | Days Of Inventory On Hand | 121.35 | 132.93 | 173.47 | 182.15 |
Gogo Upcoming Company Events
As portrayed in its financial statements, the presentation of Gogo's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gogo's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gogo's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gogo. Please utilize our Beneish M Score to check the likelihood of Gogo's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Gogo
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Gogo Backtesting, Gogo Valuation, Gogo Correlation, Gogo Hype Analysis, Gogo Volatility, Gogo History and analyze Gogo Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Gogo technical 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, stock market cycles, or different charting patterns.