Goody Science (China) Price on October 19, 2023

002694 Stock   7.15  0.78  6.04%   
If you're considering investing in Goody Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goody Science stands at 3.95, as last reported on the 11th of June 2024, with the highest price reaching 3.98 and the lowest price hitting 3.73 during the day. Goody Science Technology holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Goody Science Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Goody Science's Market Risk Adjusted Performance of (0.64), risk adjusted performance of (0.11), and Standard Deviation of 2.71 to validate the risk estimate we provide.
  
Goody Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.192

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Estimated Market Risk

 2.71
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Goody Science 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 Goody Science by adding Goody Science to a well-diversified portfolio.

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Goody Science Valuation on October 19, 2023

It is possible to determine the worth of Goody Science on a given historical date. On October 19, 2023 Goody was worth 6.5 at the beginning of the trading date compared to the closed value of 6.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goody Science stock. Still, in general, we apply an absolute valuation method to find Goody Science's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goody Science where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goody Science's related companies.
 Open High Low Close Volume
  7.20    7.26    6.94    6.95    6,394,100  
10/19/2023
  6.50    7.00    6.50    6.81    5,686,086  
  6.79    6.95    6.73    6.80    3,163,400  
Backtest Goody Science  |  Goody Science History  |  Goody Science Valuation   PreviousNext  
Open Value
6.5
6.81
Closing Value
14.63
Upside

Goody Science Trading Date Momentum on October 19, 2023

On October 20 2023 Goody Science Technology was traded for  6.80  at the closing time. The highest price during the trading period was 6.95  and the lowest recorded bid was listed for  6.73 . The volume for the day was 3.2 M. This history from October 20, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.15% . The overall trading delta to the current price is 3.23% .

Goody Science Technology Fundamentals Correlations and Trends

By evaluating Goody Science's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goody Science's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goody financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goody Science Stock history

Goody Science investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goody is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goody Science Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goody Science stock prices may prove useful in developing a viable investing in Goody Science

Goody Science Stock Technical Analysis

Goody Science 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.
A focus of Goody Science technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goody Science trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goody Science Period Price Range

Low
October 19, 2023
0.31  4.77%
High

 6.50 

     

 6.81 

Goody Science June 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Goody Science stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goody Science shares will generate the highest return on investment. By undertsting and applying Goody Science stock market strength indicators, traders can identify Goody Science Technology entry and exit signals to maximize returns

Goody Science Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goody Science's price direction in advance. Along with the technical and fundamental analysis of Goody Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goody to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Goody Stock analysis

When running Goody Science's price analysis, check to measure Goody Science'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 Goody Science is operating at the current time. Most of Goody Science's value examination focuses on studying past and present price action to predict the probability of Goody Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goody Science's price. Additionally, you may evaluate how the addition of Goody Science to your portfolios can decrease your overall portfolio volatility.
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