Gopro Inc Stock Price on June 1, 2020

GPRO Stock  USD 2.23  0.02  0.90%   
Below is the normalized historical share price chart for GoPro Inc extending back to June 26, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GoPro stands at 2.23, as last reported on the 28th of March, with the highest price reaching 2.28 and the lowest price hitting 2.19 during the day.
IPO Date
26th of June 2014
200 Day MA
3.2989
50 Day MA
2.5812
Beta
1.445
 
Yuan Drop
 
Covid
If you're considering investing in GoPro Stock, it is important to understand the factors that can impact its price. GoPro Inc holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of volatility over the last 3 months. GoPro Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GoPro's market risk adjusted performance of (0.23), and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
  
At this time, GoPro's Capital Stock is very stable compared to the past year. As of the 28th of March 2024, Stock Based Compensation is likely to grow to about 44.8 M, while Common Stock Shares Outstanding is likely to drop about 153 M. . At this time, GoPro's Price Book Value Ratio is very stable compared to the past year. As of the 28th of March 2024, Price Earnings To Growth Ratio is likely to grow to 0.04, though Price Earnings Ratio is likely to grow to (9.51). GoPro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2103

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Negative ReturnsGPRO

Estimated Market Risk

 3.19
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.67
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average GoPro 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 GoPro by adding GoPro to a well-diversified portfolio.
Price Book
0.596
Enterprise Value Ebitda
(3.75)
Price Sales
0.3272
Shares Float
120.9 M
Wall Street Target Price
2.2

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.

About GoPro Stock history

GoPro 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 GoPro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoPro Inc 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 GoPro stock prices may prove useful in developing a viable investing in GoPro
Last ReportedProjected for 2024
Common Stock Shares Outstanding153.3 M153 M
Net Income Applicable To Common Shares33.2 M34.8 M

GoPro Quarterly Net Working Capital

203.5 Million

GoPro Stock Technical Analysis

GoPro 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 GoPro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GoPro 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

GoPro Period Price Range

GoPro March 28, 2024 Market Strength

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

GoPro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GoPro's price direction in advance. Along with the technical and fundamental analysis of GoPro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoPro 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.
When determining whether GoPro Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoPro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gopro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gopro Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoPro Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running GoPro's price analysis, check to measure GoPro'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 GoPro is operating at the current time. Most of GoPro's value examination focuses on studying past and present price action to predict the probability of GoPro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoPro's price. Additionally, you may evaluate how the addition of GoPro to your portfolios can decrease your overall portfolio volatility.
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Is GoPro'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 GoPro. If investors know GoPro 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 GoPro 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
(0.94)
Earnings Share
(0.35)
Revenue Per Share
6.557
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.05)
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.