Goobit Group Financials
| BTCX Stock | SEK 0.14 0.01 7.69% |
Goobit |
Understanding current and past Goobit Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goobit Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Goobit Group's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Goobit Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goobit Group AB. Check Goobit Group's Beneish M Score to see the likelihood of Goobit Group's management manipulating its earnings.
Goobit Group Stock Summary
Goobit Group competes with Media. Goobit Group AB provides cryptocurrency exchange services in Sweden. The company was founded in 2012 and is based in Stockholm, Sweden. Goobit Group is traded on Stockholm Stock Exchange in Sweden.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0015837752 |
| Business Address | Stora Nygatan 28, |
| Sector | Financial Services |
| Industry | Capital Markets |
| Benchmark | Dow Jones Industrial |
| Website | www.goobit.se |
| Phone | 46 1 04 10 33 90 |
| Currency | SEK - Swedish Kronor |
You should never invest in Goobit Group without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goobit Stock, because this is throwing your money away. Analyzing the key information contained in Goobit Group's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goobit Group Key Financial Ratios
Goobit Group's financial ratios allow both analysts and investors to convert raw data from Goobit Group's financial statements into concise, actionable information that can be used to evaluate the performance of Goobit Group over time and compare it to other companies across industries.Goobit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goobit Group's current stock value. Our valuation model uses many indicators to compare Goobit Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goobit Group competition to find correlations between indicators driving Goobit Group's intrinsic value. More Info.Goobit Group AB is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goobit Group's earnings, one of the primary drivers of an investment's value.Goobit Group AB Systematic Risk
Goobit Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goobit Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Goobit Group AB correlated with the market. If Beta is less than 0 Goobit Group generally moves in the opposite direction as compared to the market. If Goobit Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goobit Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goobit Group is generally in the same direction as the market. If Beta > 1 Goobit Group moves generally in the same direction as, but more than the movement of the benchmark.
Goobit Group January 19, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goobit Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goobit Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goobit Group AB based on widely used predictive technical indicators. In general, we focus on analyzing Goobit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goobit Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 31.76 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Additional Tools for Goobit Stock Analysis
When running Goobit Group's price analysis, check to measure Goobit Group'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 Goobit Group is operating at the current time. Most of Goobit Group's value examination focuses on studying past and present price action to predict the probability of Goobit Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goobit Group's price. Additionally, you may evaluate how the addition of Goobit Group to your portfolios can decrease your overall portfolio volatility.