Gogoro Inc Stock Chance of Future Stock Price Finishing Under 0.48
| GGR Stock | USD 0.62 0.06 10.71% |
Gogoro |
Gogoro Target Price Odds to finish below 0.48
The tendency of Gogoro Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.48 or more in 90 days |
| 0.62 | 90 days | 0.48 | about 24.28 |
Based on a normal probability distribution, the odds of Gogoro to drop to $ 0.48 or more in 90 days from now is about 24.28 (This Gogoro Inc probability density function shows the probability of Gogoro Stock to fall within a particular range of prices over 90 days) . Probability of Gogoro Inc price to stay between $ 0.48 and its current price of $0.62 at the end of the 90-day period is about 22.2 .
Considering the 90-day investment horizon Gogoro Inc has a beta of -0.53. This usually indicates as returns on the benchmark increase, returns on holding Gogoro are expected to decrease at a much lower rate. During a bear market, however, Gogoro Inc is likely to outperform the market. Additionally Gogoro Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gogoro Price Density |
| Price |
Predictive Modules for Gogoro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gogoro Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Gogoro Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gogoro is not an exception. The market had few large corrections towards the Gogoro's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gogoro Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gogoro within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.58 | |
β | Beta against Dow Jones | -0.53 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.12 |
Gogoro Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gogoro for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gogoro Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gogoro Inc generated a negative expected return over the last 90 days | |
| Gogoro Inc has high historical volatility and very poor performance | |
| Gogoro Inc has some characteristics of a very speculative penny stock | |
| Gogoro Inc has 440.31 M in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Gogoro Inc has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gogoro to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 349.85 M. Reported Net Loss for the year was (76.04 M) with profit before taxes, overhead, and interest of 57.71 M. | |
| Gogoro Inc has a strong financial position based on the latest SEC filings | |
| About 39.0% of Gogoro shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Gogoro Receives Hold Rating from Benchmark |
Gogoro Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Gogoro Stock often depends not only on the future outlook of the current and potential Gogoro's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gogoro's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 234.8 M | |
| Cash And Short Term Investments | 173.9 M |
Gogoro Technical Analysis
Gogoro's future price can be derived by breaking down and analyzing its technical indicators over time. Gogoro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gogoro Inc. In general, you should focus on analyzing Gogoro Stock price patterns and their correlations with different microeconomic environments and drivers.
Gogoro Predictive Forecast Models
Gogoro's time-series forecasting models is one of many Gogoro's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gogoro's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Gogoro Inc
Checking the ongoing alerts about Gogoro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gogoro Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gogoro Inc generated a negative expected return over the last 90 days | |
| Gogoro Inc has high historical volatility and very poor performance | |
| Gogoro Inc has some characteristics of a very speculative penny stock | |
| Gogoro Inc has 440.31 M in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Gogoro Inc has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gogoro to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 349.85 M. Reported Net Loss for the year was (76.04 M) with profit before taxes, overhead, and interest of 57.71 M. | |
| Gogoro Inc has a strong financial position based on the latest SEC filings | |
| About 39.0% of Gogoro shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Gogoro Receives Hold Rating from Benchmark |
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.