Godaddy Stock Forecast - Daily Balance Of Power
| GDDY Stock | USD 140.14 1.58 1.14% |
Godaddy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Godaddy stock prices and determine the direction of Godaddy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Godaddy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Godaddy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Godaddy's systematic risk associated with finding meaningful patterns of Godaddy fundamentals over time.
Check out Historical Fundamental Analysis of Godaddy to cross-verify your projections. Godaddy |
Open Interest Against 2024-05-31 Godaddy Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Godaddy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Godaddy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Godaddy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Godaddy's open interest, investors have to compare it to Godaddy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Godaddy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Godaddy. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Godaddy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Godaddy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Godaddy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Godaddy market sensitivity to bulls and bears. It estimates the ability of Godaddy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Godaddy Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.17) | 0.2035 |
| Check Godaddy Volatility | Backtest Godaddy | Trend Details |
Godaddy Trading Date Momentum
| On March 22 2024 Godaddy was traded for 121.62 at the closing time. The top price for the day was 121.77 and the lowest listed price was 120.40 . The trading volume for the day was 1.1 M. The trading history from March 22, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 1.05% . The overall trading delta against the current closing price is 0.43% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Godaddy to competition |
Other Forecasting Options for Godaddy
For every potential investor in Godaddy, whether a beginner or expert, Godaddy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Godaddy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Godaddy. Basic forecasting techniques help filter out the noise by identifying Godaddy's price trends.Godaddy Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Godaddy stock to make a market-neutral strategy. Peer analysis of Godaddy could also be used in its relative valuation, which is a method of valuing Godaddy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Godaddy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Godaddy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Godaddy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Godaddy Market Strength Events
Market strength indicators help investors to evaluate how Godaddy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Godaddy shares will generate the highest return on investment. By undertsting and applying Godaddy stock market strength indicators, traders can identify Godaddy entry and exit signals to maximize returns.
Godaddy Risk Indicators
The analysis of Godaddy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Godaddy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting godaddy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 0.8692 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 | |||
| Downside Variance | 1.49 | |||
| Semi Variance | 0.7555 | |||
| Expected Short fall | (1.21) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of Godaddy to cross-verify your projections. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Godaddy Stock analysis
When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Godaddy. If investors know Godaddy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Godaddy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 8.2 | Earnings Share 11.53 | Revenue Per Share 29.757 | Quarterly Revenue Growth 0.07 | Return On Assets 0.061 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Godaddy's market value can be influenced by many factors that don't directly affect Godaddy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.