Gopro Inc Stock Performance

GPRO Stock  USD 2.23  0.02  0.90%   
The company retains a Market Volatility (i.e., Beta) of 2.7, 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, GoPro will likely underperform. GoPro Inc has an expected return of -0.67%. Please make sure to check out GoPro total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if GoPro Inc 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 GoPro Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in April 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more

Actual Historical Performance (%)

One Day Return
0.91
Five Day Return
(3.04)
Year To Date Return
(34.80)
Ten Year Return
(92.88)
All Time Return
(92.88)
1
GoPro to buy Forcite Helmet Systems
01/16/2024
2
GoPros woes grow as 2024 sales targets seem out of reach - analyst
02/08/2024
3
GoPro Is Known for Making Some of the Best Action Cameras in the World. But It Makes Almost 100 Million per Year From Something That You Might Not Expect.
02/12/2024
4
GoPro Stock Is Falling Is the Collapsed Tech Company Finally a Buy Under 3 a Share
02/14/2024
5
Disposition of 55703 shares by Nicholas Woodman of GoPro at 2.49 subject to Rule 16b-3
02/15/2024
6
Disposition of 121441 shares by Brian McGee of GoPro at 2.3984 subject to Rule 16b-3
02/16/2024
7
Payment of 55703 shares by Nicholas Woodman of GoPro subject to Rule 16b-3
02/20/2024
8
GoPro to Present at Morgan Stanley Technology, Media Telecom Conference
02/21/2024
9
Numerai GP LLC Grows Stake in GoPro, Inc.
02/26/2024
10
GoPro, Inc. Shares Acquired by Caxton Associates LP
02/29/2024
11
Why Is GoPro Down 10.9 percent Since Last Earnings Report
03/08/2024
12
GoPro Inc Stock Adds 0.45 percent This Week Should You Buy - InvestorsObserver
03/20/2024
13
GoPro Undergoes Restructuring Aims To Slash Costs With Workforce And Office Space Cuts
03/27/2024
Begin Period Cash Flow223.7 M
  

GoPro Relative Risk vs. Return Landscape

If you would invest  347.00  in GoPro Inc on December 29, 2023 and sell it today you would lose (124.00) from holding GoPro Inc or give up 35.73% of portfolio value over 90 days. GoPro Inc is currently does not generate positive expected returns and assumes 3.1931% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than GoPro, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days GoPro is expected to under-perform the market. In addition to that, the company is 5.57 times more volatile than its market benchmark. It trades about -0.21 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

GoPro Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for GoPro's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GoPro Inc, and traders can use it to determine the average amount a GoPro's 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 = -0.2103

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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.

GoPro Fundamentals Growth

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

About GoPro Performance

To evaluate GoPro Inc 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 GoPro 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 GoPro 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 GoPro Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents GoPro'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.
Last ReportedProjected for 2024
Return On Capital Employed(0.11)(0.10)
Return On Assets(0.05)(0.05)
Return On Equity(0.1)(0.10)

Things to note about GoPro Inc performance evaluation

Checking the ongoing alerts about GoPro for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GoPro Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
GoPro Inc generated a negative expected return over the last 90 days
GoPro Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 1.01 B. Net Loss for the year was (53.18 M) with profit before overhead, payroll, taxes, and interest of 414.96 M.
GoPro Inc currently holds about 348.78 M in cash with (32.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 66.0% of the company shares are owned by institutional investors
Latest headline from benzinga.com: GoPro Undergoes Restructuring Aims To Slash Costs With Workforce And Office Space Cuts
Evaluating GoPro's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate GoPro's stock performance include:
  • Analyzing GoPro's 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 GoPro's stock is overvalued or undervalued compared to its peers.
  • Examining GoPro's 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 GoPro's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GoPro's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of GoPro's stock. These opinions can provide insight into GoPro's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating GoPro's stock performance is not an exact science, and many factors can impact GoPro's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for GoPro Stock analysis

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.