Goody Science (China) Today
| 002694 Stock | 4.25 0.02 0.47% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Goody Science is trading at 4.25 as of the 29th of April 2024, a 0.47 percent increase since the beginning of the trading day. The stock's open price was 4.23. Goody Science has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Goody Science Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 16th of August 2012 | Category Consumer Cyclical |
Goody Science is entity of China. It is traded as Stock on SHE exchange. The company has 763.08 M outstanding shares. More on Goody Science Technology
Moving against Goody Stock
| 0.58 | 601899 | Zijin Mining Group | PairCorr |
| 0.55 | 600019 | Baoshan Iron Steel | PairCorr |
| 0.54 | 600309 | Wanhua Chemical Group | PairCorr |
| 0.52 | 000807 | Yunnan Aluminium | PairCorr |
| 0.51 | 601825 | Shanghai Rural Commercial | PairCorr |
| 0.46 | 000630 | Tongling Nonferrous | PairCorr |
| 0.41 | 002493 | Rongsheng Petrochemical | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Goody Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goody Science's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goody Science or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Commodity Chemicals, Auto Parts, Consumer Cyclical, Materials, Chemicals, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
Goody Science's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goody Science's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goody Science's financial leverage. It provides some insight into what part of Goody Science's total assets is financed by creditors.
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Goody Science Technology (002694) is traded on Shenzhen Stock Exchange in China and employs 5 people. Goody Science is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goody Science's market, we take the total number of its shares issued and multiply it by Goody Science's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Goody Science Technology operates under Chemicals sector and is part of Materials industry. The entity has 763.08 M outstanding shares.
Goody Science generates positive cash flow from operations, but has no cash available
Check Goody Science Probability Of Bankruptcy
Ownership AllocationGoody Science secures a total of 763.08 Million outstanding shares. Goody Science secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Goody Ownership Details
Goody Stock Price Odds Analysis
What are Goody Science's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Goody Science jumping above the current price in 90 days from now is about 97.0%. The Goody Science Technology probability density function shows the probability of Goody Science stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Goody Science has a beta of 0.3153. This suggests as returns on the market go up, Goody Science average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Goody Science Technology will be expected to be much smaller as well. Additionally, goody Science Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Goody Science to move above the current price in 90 days from now is about 97.0 (This Goody Science Technology probability density function shows the probability of Goody Stock to fall within a particular range of prices over 90 days) .
Goody Science Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goody Science market risk premium is the additional return an investor will receive from holding Goody Science long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goody Science. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Goody Science's alpha and beta are two of the key measurements used to evaluate Goody Science's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.64 | |||
| Standard Deviation | 3.53 | |||
| Variance | 12.49 | |||
| Risk Adjusted Performance | (0.07) |
Goody Stock Against Markets
Picking the right benchmark for Goody Science stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goody Science stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goody Science is critical whether you are bullish or bearish towards Goody Science Technology at a given time. Please also check how Goody Science's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Goody Science without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
Goody Science Corporate Management
Elected by the shareholders, the Goody Science's board of directors comprises two types of representatives: Goody Science inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goody. The board's role is to monitor Goody Science's management team and ensure that shareholders' interests are well served. Goody Science's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goody Science's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dong Zhang | Secretary Board | Profile | |
| Zhi Sun | Deputy Mang | Profile | |
| Zhi Fu | Deputy Mang | Profile | |
| Han Wang | Deputy Mang | Profile |
How to buy Goody Stock?
Before investing in Goody Science, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goody Science. To buy Goody Science stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goody Science. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Goody Science stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goody Science Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Goody Science Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Goody Science Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Goody Science Technology?
The danger of trading Goody Science Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goody Science is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goody Science. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goody Science Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goody Science Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Goody Science Technology information on this page should be used as a complementary analysis to other Goody Science'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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