Goodman Group Stock Technical Analysis
| GMGSF Stock | USD 22.53 0.12 0.53% |
As of the 9th of January, Goodman retains the Market Risk Adjusted Performance of (0.31), standard deviation of 3.59, and Risk Adjusted Performance of (0.02). Goodman technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Goodman Group information ratio and potential upside to decide if Goodman is priced fairly, providing market reflects its last-minute price of 22.53 per share. Given that Goodman Group has information ratio of (0.04), we strongly advise you to confirm Goodman Group's regular market performance to make sure the company can sustain itself at a future point.
Goodman Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goodman, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoodmanGoodman |
Goodman technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Goodman Group Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Goodman Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Goodman Group Trend Analysis
Use this graph to draw trend lines for Goodman Group. You can use it to identify possible trend reversals for Goodman as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Goodman price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Goodman Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goodman Group applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Goodman Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 18.26, which is the sum of squared deviations for the predicted Goodman price change compared to its average price change.About Goodman Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Goodman Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Goodman Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Goodman Group price pattern first instead of the macroeconomic environment surrounding Goodman Group. By analyzing Goodman's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Goodman's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Goodman specific price patterns or momentum indicators. Please read more on our technical analysis page.
Goodman January 9, 2025 Technical Indicators
Most technical analysis of Goodman help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Goodman from various momentum indicators to cycle indicators. When you analyze Goodman charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 1.03 | |||
| Coefficient Of Variation | (3,292) | |||
| Standard Deviation | 3.59 | |||
| Variance | 12.92 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 36.59 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 0.7296 | |||
| Skewness | 2.96 | |||
| Kurtosis | 28.83 |
Complementary Tools for Goodman Pink Sheet analysis
When running Goodman's price analysis, check to measure Goodman'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 Goodman is operating at the current time. Most of Goodman's value examination focuses on studying past and present price action to predict the probability of Goodman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodman's price. Additionally, you may evaluate how the addition of Goodman to your portfolios can decrease your overall portfolio volatility.
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