Gogoro Inc Stock Technical Analysis
GGR Stock | USD 0.50 0.02 4.17% |
As of the 25th of November, Gogoro retains the Standard Deviation of 6.52, market risk adjusted performance of 2.52, and Risk Adjusted Performance of (0.13). Gogoro 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. Please check out Gogoro Inc coefficient of variation and maximum drawdown to decide if Gogoro is priced fairly, providing market reflects its last-minute price of 0.5 per share. As Gogoro Inc is a penny stock we also advise to confirm its jensen alpha numbers.
Gogoro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gogoro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GogoroGogoro |
Gogoro Analyst Consensus
Target Price | Advice | # of Analysts | |
5.05 | Hold | 3 | Odds |
Most Gogoro analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Gogoro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gogoro Inc, talking to its executives and customers, or listening to Gogoro conference calls.
Gogoro 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.
Gogoro Inc Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Gogoro Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gogoro Inc Trend Analysis
Use this graph to draw trend lines for Gogoro Inc. You can use it to identify possible trend reversals for Gogoro 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 Gogoro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gogoro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gogoro Inc applied against its price change over selected period. The best fit line has a slop of 0.0097 , which may imply that the returns on investment in Gogoro Inc will continue to fail. It has 122 observation points and a regression sum of squares at 3.53, which is the sum of squared deviations for the predicted Gogoro price change compared to its average price change.About Gogoro 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 Gogoro Inc 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 Gogoro Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gogoro Inc price pattern first instead of the macroeconomic environment surrounding Gogoro Inc. By analyzing Gogoro'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 Gogoro'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 Gogoro specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005619 | 0.002966 | 0.00267 | 0.003044 | Price To Sales Ratio | 3.4 | 1.84 | 1.73 | 3.01 |
Gogoro November 25, 2024 Technical Indicators
Most technical analysis of Gogoro 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 Gogoro from various momentum indicators to cycle indicators. When you analyze Gogoro 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 | (0.13) | |||
Market Risk Adjusted Performance | 2.52 | |||
Mean Deviation | 4.8 | |||
Coefficient Of Variation | (535.69) | |||
Standard Deviation | 6.52 | |||
Variance | 42.56 | |||
Information Ratio | (0.21) | |||
Jensen Alpha | (1.17) | |||
Total Risk Alpha | (2.26) | |||
Treynor Ratio | 2.51 | |||
Maximum Drawdown | 30.5 | |||
Value At Risk | (12.50) | |||
Potential Upside | 10.42 | |||
Skewness | 0.6206 | |||
Kurtosis | 1.15 |
Additional Tools for Gogoro Stock Analysis
When running Gogoro's price analysis, check to measure Gogoro'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 Gogoro is operating at the current time. Most of Gogoro's value examination focuses on studying past and present price action to predict the probability of Gogoro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro's price. Additionally, you may evaluate how the addition of Gogoro to your portfolios can decrease your overall portfolio volatility.