GoTo Gojek (Indonesia) Price on September 26, 2024
| GOTO Stock | 75.00 3.00 3.85% |
If you're considering investing in GoTo Stock, it is important to understand the factors that can impact its price. As of today, the current price of GoTo Gojek stands at 75.00, as last reported on the 26th of November, with the highest price reaching 78.00 and the lowest price hitting 74.00 during the day. GoTo Gojek appears to be very steady, given 3 months investment horizon. GoTo Gojek Tokopedia holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of volatility over the last 3 months. By evaluating GoTo Gojek's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize GoTo Gojek's market risk adjusted performance of 2.43, and Risk Adjusted Performance of 0.1545 to validate if our risk estimates are consistent with your expectations.
GoTo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GoTo |
Sharpe Ratio = 0.1866
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average GoTo Gojek is performing at about 14% 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 GoTo Gojek by adding it to a well-diversified portfolio.
GoTo Gojek Valuation on September 26, 2024
It is possible to determine the worth of GoTo Gojek on a given historical date. On September 26, 2024 GoTo was worth 67.0 at the beginning of the trading date compared to the closed value of 70.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoTo Gojek stock. Still, in general, we apply an absolute valuation method to find GoTo Gojek'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 GoTo Gojek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoTo Gojek's related companies.
| Open | High | Low | Close | Volume | |
| 63.00 | 68.00 | 62.00 | 66.00 | 1,466,380,108 | |
09/26/2024 | 67.00 | 70.00 | 66.00 | 70.00 | 959,466,704 |
| 69.00 | 72.00 | 66.00 | 70.00 | 6,318,881,200 |
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GoTo Gojek Trading Date Momentum on September 26, 2024
| On September 27 2024 GoTo Gojek Tokopedia was traded for 70.00 at the closing time. The highest price during the trading period was 72.00 and the lowest recorded bid was listed for 66.00 . The volume for the day was 6.3 B. This history from September 27, 2024 did not cause price change. The overall trading delta to the current price is 14.29% . |
GoTo Gojek Tokopedia Fundamentals Correlations and Trends
By evaluating GoTo Gojek'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 GoTo Gojek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoTo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoTo Gojek Stock history
GoTo Gojek 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 GoTo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoTo Gojek Tokopedia 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 GoTo Gojek stock prices may prove useful in developing a viable investing in GoTo Gojek
GoTo Gojek Stock Technical Analysis
GoTo Gojek 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
GoTo Gojek Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
GoTo Gojek Tokopedia cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta 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.
GoTo Gojek November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how GoTo Gojek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoTo Gojek shares will generate the highest return on investment. By undertsting and applying GoTo Gojek stock market strength indicators, traders can identify GoTo Gojek Tokopedia entry and exit signals to maximize returns
GoTo Gojek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoTo Gojek's price direction in advance. Along with the technical and fundamental analysis of GoTo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoTo 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 | 0.1545 | |||
| Jensen Alpha | 0.6338 | |||
| Total Risk Alpha | 0.1096 | |||
| Sortino Ratio | 0.1496 | |||
| Treynor Ratio | 2.42 |
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Other Information on Investing in GoTo Stock
GoTo Gojek financial ratios help investors to determine whether GoTo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GoTo with respect to the benefits of owning GoTo Gojek security.