Gofore Oyj (Finland) Performance
| GOFORE Stock | EUR 21.75 0.15 0.69% |
The company retains a Market Volatility (i.e., Beta) of -0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gofore Oyj are expected to decrease at a much lower rate. During the bear market, Gofore Oyj is likely to outperform the market. Gofore Oyj right now retains a risk of 1.71%. Please check out Gofore Oyj jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Gofore Oyj will be following its current trending patterns.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Gofore Oyj has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, Gofore Oyj is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 21.4 M | |
| Total Cashflows From Investing Activities | -10 M |
Gofore |
Gofore Oyj Relative Risk vs. Return Landscape
If you would invest 2,175 in Gofore Oyj on November 19, 2024 and sell it today you would earn a total of 0.00 from holding Gofore Oyj or generate 0.0% return on investment over 90 days. Gofore Oyj is generating 0.0143% of daily returns and assumes 1.7067% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Gofore, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Gofore Oyj Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gofore Oyj's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gofore Oyj, and traders can use it to determine the average amount a Gofore Oyj's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GOFORE |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gofore Oyj is not performing at its full potential. However, 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 Gofore Oyj by adding Gofore Oyj to a well-diversified portfolio.
Gofore Oyj Fundamentals Growth
Gofore Stock prices reflect investors' perceptions of the future prospects and financial health of Gofore Oyj, and Gofore Oyj 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 Gofore Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0836 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 341.66 M | |||
| Shares Outstanding | 15.51 M | |||
| Price To Earning | 23.16 X | |||
| Price To Book | 5.12 X | |||
| Price To Sales | 2.82 X | |||
| Revenue | 104.51 M | |||
| EBITDA | 16.42 M | |||
| Cash And Equivalents | 15.42 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 7.45 M | |||
| Debt To Equity | 16.70 % | |||
| Book Value Per Share | 4.55 X | |||
| Cash Flow From Operations | 14.19 M | |||
| Earnings Per Share | 0.74 X | |||
| Total Asset | 101.9 M | |||
About Gofore Oyj Performance
By analyzing Gofore Oyj's fundamental ratios, stakeholders can gain valuable insights into Gofore Oyj's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Gofore Oyj has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Gofore Oyj has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Gofore Oyj provides digitalization services for corporate customers and public sector operators in Finland and rest of Europe. The company was founded in 2002 and is headquartered in Tampere, Finland. Gofore Oyj is traded on Helsinki Exchange in Finland.Things to note about Gofore Oyj performance evaluation
Checking the ongoing alerts about Gofore Oyj for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gofore Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 46.0% of the company shares are held by company insiders |
- Analyzing Gofore Oyj'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 Gofore Oyj's stock is overvalued or undervalued compared to its peers.
- Examining Gofore Oyj'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 Gofore Oyj's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gofore Oyj's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gofore Oyj's stock. These opinions can provide insight into Gofore Oyj's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Gofore Stock analysis
When running Gofore Oyj's price analysis, check to measure Gofore Oyj'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 Gofore Oyj is operating at the current time. Most of Gofore Oyj's value examination focuses on studying past and present price action to predict the probability of Gofore Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gofore Oyj's price. Additionally, you may evaluate how the addition of Gofore Oyj to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |