Gol Linhas Aereas Performance

GOLDelisted Stock  USD 1.08  0.06  5.88%   
The company retains a Market Volatility (i.e., Beta) of 1.53, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gol Linhas will likely underperform. Gol Linhas Aereas has an expected return of -4.01%. Please make sure to check out Gol Linhas value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Gol Linhas Aereas performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Gol Linhas Aereas has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in April 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Begin Period Cash Flow149.2 M
  

Gol Linhas Relative Risk vs. Return Landscape

If you would invest  362.00  in Gol Linhas Aereas on December 29, 2023 and sell it today you would lose (254.00) from holding Gol Linhas Aereas or give up 70.17% of portfolio value over 90 days. Gol Linhas Aereas is generating negative expected returns assuming volatility of 10.5302% on return distribution over 90 days investment horizon. In other words, 92% of stocks are less volatile than Gol, and above 99% of all equities are expected to generate higher returns over the next 90 days.
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Considering the 90-day investment horizon Gol Linhas is expected to under-perform the market. In addition to that, the company is 18.51 times more volatile than its market benchmark. It trades about -0.38 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

Gol Linhas Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gol Linhas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gol Linhas Aereas, and traders can use it to determine the average amount a Gol Linhas' 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 = -0.3812

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Negative ReturnsGOL

Estimated Market Risk

 10.53
  actual daily
92
92% of assets are less volatile

Expected Return

 -4.01
  actual daily
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.38
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gol Linhas 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 Gol Linhas by adding Gol Linhas to a well-diversified portfolio.

Gol Linhas Fundamentals Growth

Gol Stock prices reflect investors' perceptions of the future prospects and financial health of Gol Linhas, and Gol Linhas 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 Gol Stock performance.

About Gol Linhas Performance

To evaluate Gol Linhas Aereas Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gol Linhas generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gol Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gol Linhas Aereas market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gol's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
GOL Linhas Areas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. GOL Linhas Areas Inteligentes S.A. was founded in 2000 and is headquartered in So Paulo, Brazil. Gol Linhas operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 14290 people.

Things to note about Gol Linhas Aereas performance evaluation

Checking the ongoing alerts about Gol Linhas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gol Linhas Aereas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Gol Linhas Aereas is not yet fully synchronised with the market data
Gol Linhas Aereas generated a negative expected return over the last 90 days
Gol Linhas Aereas has high historical volatility and very poor performance
Gol Linhas Aereas has some characteristics of a very speculative penny stock
Gol Linhas Aereas has a very high chance of going through financial distress in the upcoming years
The company has 23.19 B in debt. Gol Linhas Aereas has a current ratio of 0.25, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Gol Linhas until it has trouble settling it off, either with new capital or with free cash flow. So, Gol Linhas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gol Linhas Aereas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gol to invest in growth at high rates of return. When we think about Gol Linhas' use of debt, we should always consider it together with cash and equity.
Evaluating Gol Linhas' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Gol Linhas' stock performance include:
  • Analyzing Gol Linhas' 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 Gol Linhas' stock is overvalued or undervalued compared to its peers.
  • Examining Gol Linhas' 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 Gol Linhas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gol Linhas' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Gol Linhas' stock. These opinions can provide insight into Gol Linhas' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Gol Linhas' stock performance is not an exact science, and many factors can impact Gol Linhas' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Consideration for investing in Gol Stock

If you are still planning to invest in Gol Linhas Aereas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gol Linhas' history and understand the potential risks before investing.
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