Goodtech (Norway) Performance
| GOD Stock | NOK 9.50 0.08 0.84% |
Goodtech has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Goodtech are expected to decrease at a much lower rate. During the bear market, Goodtech is likely to outperform the market. Goodtech right now retains a risk of 2.27%. Please check out Goodtech value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Goodtech will be following its current trending patterns.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Goodtech are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting fundamental indicators, Goodtech may actually be approaching a critical reversion point that can send shares even higher in February 2026. ...more
| Begin Period Cash Flow | 108.1 M | |
| Total Cashflows From Investing Activities | -22 M |
Goodtech |
Goodtech Relative Risk vs. Return Landscape
If you would invest 860.00 in Goodtech on October 29, 2025 and sell it today you would earn a total of 90.00 from holding Goodtech or generate 10.47% return on investment over 90 days. Goodtech is generating 0.1906% of daily returns assuming 2.272% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than Goodtech, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Goodtech Target Price Odds to finish over Current Price
The tendency of Goodtech 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 move above the current price in 90 days |
| 9.50 | 90 days | 9.50 | about 54.97 |
Based on a normal probability distribution, the odds of Goodtech to move above the current price in 90 days from now is about 54.97 (This Goodtech probability density function shows the probability of Goodtech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Goodtech has a beta of -0.63. This usually indicates as returns on the benchmark increase, returns on holding Goodtech are expected to decrease at a much lower rate. During a bear market, however, Goodtech is likely to outperform the market. Additionally Goodtech has an alpha of 0.2245, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Goodtech Price Density |
| Price |
Predictive Modules for Goodtech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Goodtech. 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.Goodtech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Goodtech is not an exception. The market had few large corrections towards the Goodtech'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 Goodtech, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Goodtech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | 0.05 |
Goodtech 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 Goodtech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goodtech can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 536.02 M. Net Loss for the year was (16.48 M) with profit before overhead, payroll, taxes, and interest of 334.87 M. | |
| About 61.0% of the company shares are held by company insiders |
Goodtech 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 Goodtech Stock often depends not only on the future outlook of the current and potential Goodtech'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. Goodtech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M | |
| Cash And Short Term Investments | 79.3 M |
Goodtech Fundamentals Growth
Goodtech Stock prices reflect investors' perceptions of the future prospects and financial health of Goodtech, and Goodtech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goodtech Stock performance.
| Return On Equity | -0.0359 | |||
| Return On Asset | -0.0081 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 249.52 M | |||
| Shares Outstanding | 26.48 M | |||
| Price To Earning | (3.47) X | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 536.02 M | |||
| EBITDA | 6.08 M | |||
| Cash And Equivalents | 88.72 M | |||
| Cash Per Share | 2.26 X | |||
| Total Debt | 38.33 M | |||
| Debt To Equity | 18.80 % | |||
| Book Value Per Share | 9.67 X | |||
| Cash Flow From Operations | 1.96 M | |||
| Earnings Per Share | (0.45) X | |||
| Total Asset | 517.11 M | |||
| Retained Earnings | (81 M) | |||
| Current Asset | 354 M | |||
| Current Liabilities | 255 M | |||
About Goodtech Performance
By examining Goodtech's fundamental ratios, stakeholders can obtain critical insights into Goodtech's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Goodtech is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange.Things to note about Goodtech performance evaluation
Checking the ongoing alerts about Goodtech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Goodtech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 536.02 M. Net Loss for the year was (16.48 M) with profit before overhead, payroll, taxes, and interest of 334.87 M. | |
| About 61.0% of the company shares are held by company insiders |
- Analyzing Goodtech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Goodtech's stock is overvalued or undervalued compared to its peers.
- Examining Goodtech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Goodtech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Goodtech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Goodtech's stock. These opinions can provide insight into Goodtech's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Goodtech Stock
Goodtech financial ratios help investors to determine whether Goodtech 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 Goodtech with respect to the benefits of owning Goodtech security.