Goobit Group (Sweden) Analysis
| BTCX Stock | SEK 0.15 0.01 7.14% |
Goobit Group AB is overvalued with Real Value of 0.12 and Hype Value of 0.15. The main objective of Goobit Group stock analysis is to determine its intrinsic value, which is an estimate of what Goobit Group AB is worth, separate from its market price. There are two main types of Goobit Group's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Goobit Group's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Goobit Group's stock to identify patterns and trends that may indicate its future price movements.
The Goobit Group stock is traded in Sweden on Stockholm Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Sweden. Goobit Group is usually not traded on Good Friday, Epiphany, Easter Sunday, Easter Monday, International Workers ' Day, NationalDay, St . John 's Day, All Saints ' Day, Christmas Eve, Christmas Day, Boxing Day, New Year 's Day. Goobit Stock trading window is adjusted to Europe/Stockholm timezone.
Goobit |
Goobit Stock Analysis Notes
About 69.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.45. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goobit Group AB recorded a loss per share of 0.05. The entity had not issued any dividends in recent years. Goobit Group AB provides cryptocurrency exchange services in Sweden. The company was founded in 2012 and is based in Stockholm, Sweden. Goobit Group is traded on Stockholm Stock Exchange in Sweden. For more info on Goobit Group AB please contact Christian Ander at 46 1 04 10 33 90 or go to https://www.goobit.se.Goobit Group AB Investment Alerts
| Goobit Group AB is way too risky over 90 days horizon | |
| Goobit Group AB has some characteristics of a very speculative penny stock | |
| Goobit Group AB appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 352.85 M. Net Loss for the year was (17.48 M) with profit before overhead, payroll, taxes, and interest of 11.62 M. | |
| Goobit Group generates negative cash flow from operations | |
| About 69.0% of the company shares are held by company insiders |
Goobit Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 44.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goobit Group's market, we take the total number of its shares issued and multiply it by Goobit Group'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.Goobit Profitablity
Goobit Group's profitability indicators refer to fundamental financial ratios that showcase Goobit Group's ability to generate income relative to its revenue or operating costs. If, let's say, Goobit Group is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Goobit Group's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Goobit Group's profitability requires more research than a typical breakdown of Goobit Group's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.12) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.12. Technical Drivers
As of the 22nd of July, Goobit Group retains the Downside Deviation of 8.3, market risk adjusted performance of (0.45), and Risk Adjusted Performance of 0.1257. Goobit Group technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Goobit Group AB Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Goobit Group for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Goobit Group AB short-term fluctuations and highlight longer-term trends or cycles.
Goobit Group Outstanding Bonds
Goobit Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Goobit Group AB uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Goobit bonds can be classified according to their maturity, which is the date when Goobit Group AB has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Goobit Group Predictive Daily Indicators
Goobit Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Goobit Group stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 0.15 | |||
| Day Typical Price | 0.15 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Goobit Group Forecast Models
Goobit Group's time-series forecasting models are one of many Goobit Group's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Goobit Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Goobit Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Goobit Group prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Goobit shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Goobit Group. By using and applying Goobit Stock analysis, traders can create a robust methodology for identifying Goobit entry and exit points for their positions.
Goobit Group AB provides cryptocurrency exchange services in Sweden. The company was founded in 2012 and is based in Stockholm, Sweden. Goobit Group is traded on Stockholm Stock Exchange in Sweden.
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Additional Tools for Goobit Stock Analysis
When running Goobit Group's price analysis, check to measure Goobit Group'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 Goobit Group is operating at the current time. Most of Goobit Group's value examination focuses on studying past and present price action to predict the probability of Goobit Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goobit Group's price. Additionally, you may evaluate how the addition of Goobit Group to your portfolios can decrease your overall portfolio volatility.