Goertek (China) Price on September 6, 2024
| 002241 Stock | 25.48 0.64 2.58% |
Below is the normalized historical share price chart for Goertek extending back to May 14, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goertek stands at 25.48, as last reported on the 29th of November, with the highest price reaching 26.22 and the lowest price hitting 24.83 during the day.
If you're considering investing in Goertek Stock, it is important to understand the factors that can impact its price. Goertek appears to be not too volatile, given 3 months investment horizon. Goertek holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Goertek, which you can use to evaluate the volatility of the firm. Please utilize Goertek's Risk Adjusted Performance of 0.092, downside deviation of 3.01, and Market Risk Adjusted Performance of 5.53 to validate if our risk estimates are consistent with your expectations.
At present, Goertek's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 4.1 B, whereas Other Stockholder Equity is forecasted to decline to about 66.3 M. . Goertek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of May 2008 | 200 Day MA 18.8043 | 50 Day MA 21.437 | Beta 1.147 |
Goertek |
Sharpe Ratio = 0.1373
| Best Portfolio | Best Equity | |||
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| Small Returns | 002241 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Goertek is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Goertek by adding it to a well-diversified portfolio.
Price Book 2.6701 | Enterprise Value Ebitda 27.6327 | Price Sales 0.9388 | Shares Float 2.2 B | Dividend Share 0.15 |
Goertek Valuation on September 6, 2024
It is possible to determine the worth of Goertek on a given historical date. On September 6, 2024 Goertek was worth 19.27 at the beginning of the trading date compared to the closed value of 18.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goertek stock. Still, in general, we apply an absolute valuation method to find Goertek's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goertek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goertek's related companies.
| Open | High | Low | Close | Volume | |
| 19.38 | 19.53 | 19.20 | 19.27 | 40,506,633 | |
09/06/2024 | 19.27 | 19.33 | 18.90 | 18.90 | 38,778,385 |
| 18.82 | 19.07 | 18.63 | 18.88 | 34,169,720 |
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Goertek Trading Date Momentum on September 6, 2024
| On September 09 2024 Goertek was traded for 18.88 at the closing time. The highest price during the trading period was 19.07 and the lowest recorded bid was listed for 18.63 . The volume for the day was 34.2 M. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.11% . The overall trading delta to the current price is 3.23% . |
Goertek Fundamentals Correlations and Trends
By evaluating Goertek's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goertek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goertek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goertek Stock history
Goertek investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goertek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goertek will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goertek stock prices may prove useful in developing a viable investing in Goertek
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.9 B | 3.7 B | |
| Net Income Applicable To Common Shares | 2 B | 1.4 B |
Goertek Quarterly Net Working Capital |
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Goertek Stock Technical Analysis
Goertek 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.
Price Boundaries
Goertek Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Goertek cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Goertek November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Goertek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goertek shares will generate the highest return on investment. By undertsting and applying Goertek stock market strength indicators, traders can identify Goertek entry and exit signals to maximize returns
Goertek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goertek's price direction in advance. Along with the technical and fundamental analysis of Goertek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goertek to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 0.3784 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.09 | |||
| Treynor Ratio | 5.52 |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Goertek Stock analysis
When running Goertek's price analysis, check to measure Goertek'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 Goertek is operating at the current time. Most of Goertek's value examination focuses on studying past and present price action to predict the probability of Goertek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goertek's price. Additionally, you may evaluate how the addition of Goertek to your portfolios can decrease your overall portfolio volatility.
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