Goodrx Holdings Stock Forecast - Price Action Indicator

GDRX Stock  USD 4.29  0.02  0.46%   
Goodrx Stock Forecast is based on your current time horizon.
  
At this time, Goodrx Holdings' Receivables Turnover is fairly stable compared to the past year. Asset Turnover is likely to rise to 0.62 in 2024, despite the fact that Inventory Turnover is likely to grow to (6.13). . Common Stock Shares Outstanding is likely to rise to about 433.3 M in 2024, whereas Net Loss is likely to drop (31 M) in 2024.
Goodrx Holdings has current Price Action Indicator of (0.01). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Goodrx Holdings VolatilityBacktest Goodrx HoldingsInformation Ratio  

Goodrx Holdings Trading Date Momentum

On November 22 2024 Goodrx Holdings was traded for  4.29  at the closing time. The top price for the day was 4.39  and the lowest listed price was  4.18 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The overall trading delta against the current closing price is 0.47% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Goodrx Holdings to competition

Other Forecasting Options for Goodrx Holdings

For every potential investor in Goodrx, whether a beginner or expert, Goodrx Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Goodrx Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Goodrx. Basic forecasting techniques help filter out the noise by identifying Goodrx Holdings' price trends.

View Goodrx Holdings Related Equities

 Risk & Return  Correlation

Goodrx Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Goodrx Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Goodrx Holdings' current price.

Goodrx Holdings Market Strength Events

Market strength indicators help investors to evaluate how Goodrx Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodrx Holdings shares will generate the highest return on investment. By undertsting and applying Goodrx Holdings stock market strength indicators, traders can identify Goodrx Holdings entry and exit signals to maximize returns.

Goodrx Holdings Risk Indicators

The analysis of Goodrx Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Goodrx Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goodrx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Goodrx Stock Analysis

When running Goodrx Holdings' price analysis, check to measure Goodrx Holdings' 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 Goodrx Holdings is operating at the current time. Most of Goodrx Holdings' value examination focuses on studying past and present price action to predict the probability of Goodrx Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodrx Holdings' price. Additionally, you may evaluate how the addition of Goodrx Holdings to your portfolios can decrease your overall portfolio volatility.