Goodness Growth Holdings Stock Technical Analysis
GDNSF Stock | USD 0.53 0.01 1.92% |
As of the 31st of January, Goodness Growth retains the Risk Adjusted Performance of 0.0674, market risk adjusted performance of 1.25, and Downside Deviation of 7.29. Goodness Growth technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Goodness Growth Holdings, which can be compared to its competitors. Please check out Goodness Growth Holdings treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Goodness Growth is priced fairly, providing market reflects its last-minute price of 0.53 per share. As Goodness Growth Holdings is a penny stock we also advise to confirm its total risk alpha numbers.
Goodness Growth Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goodness, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoodnessGoodness |
Goodness Growth technical otc 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, otc market cycles, or different charting patterns.
Goodness Growth Holdings Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Goodness Growth Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Goodness Growth Holdings Trend Analysis
Use this graph to draw trend lines for Goodness Growth Holdings. You can use it to identify possible trend reversals for Goodness Growth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Goodness Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Goodness Growth Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goodness Growth Holdings applied against its price change over selected period. The best fit line has a slop of 0 , which means Goodness Growth Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.37, which is the sum of squared deviations for the predicted Goodness Growth price change compared to its average price change.About Goodness Growth Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Goodness Growth Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Goodness Growth Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Goodness Growth Holdings price pattern first instead of the macroeconomic environment surrounding Goodness Growth Holdings. By analyzing Goodness Growth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Goodness Growth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Goodness Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.
Goodness Growth January 31, 2025 Technical Indicators
Most technical analysis of Goodness help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Goodness from various momentum indicators to cycle indicators. When you analyze Goodness charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0674 | |||
Market Risk Adjusted Performance | 1.25 | |||
Mean Deviation | 5.54 | |||
Semi Deviation | 5.56 | |||
Downside Deviation | 7.29 | |||
Coefficient Of Variation | 1440.84 | |||
Standard Deviation | 14.12 | |||
Variance | 199.41 | |||
Information Ratio | 0.0623 | |||
Jensen Alpha | 0.8999 | |||
Total Risk Alpha | (0.55) | |||
Sortino Ratio | 0.1207 | |||
Treynor Ratio | 1.24 | |||
Maximum Drawdown | 108.47 | |||
Value At Risk | (9.38) | |||
Potential Upside | 8.82 | |||
Downside Variance | 53.2 | |||
Semi Variance | 30.91 | |||
Expected Short fall | (8.08) | |||
Skewness | 6.06 | |||
Kurtosis | 43.22 |
Complementary Tools for Goodness OTC Stock analysis
When running Goodness Growth's price analysis, check to measure Goodness Growth'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 Goodness Growth is operating at the current time. Most of Goodness Growth's value examination focuses on studying past and present price action to predict the probability of Goodness Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodness Growth's price. Additionally, you may evaluate how the addition of Goodness Growth to your portfolios can decrease your overall portfolio volatility.
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