Gol Linhas Aereas Alpha and Beta Analysis
| GOLDelisted Stock | USD 1.08 0.06 5.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gol Linhas Aereas. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gol Linhas over a specified time horizon. Remember, high Gol Linhas' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Gol Linhas' market risk premium analysis include:
Beta 0.41 | Alpha (1.24) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Gol |
Gol Linhas Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gol Linhas market risk premium is the additional return an investor will receive from holding Gol Linhas 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 Gol Linhas. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Gol Linhas' performance over market.| α | -1.24 | β | 0.41 |
Gol Linhas Fundamentals Vs Peers
Comparing Gol Linhas' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gol Linhas' direct or indirect competition across all of the common fundamentals between Gol Linhas and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gol Linhas or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gol Linhas' fundamental indicators could also be used in its relative valuation, which is a method of valuing Gol Linhas by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gol Linhas to competition |
| Fundamentals | Gol Linhas | Peer Average |
| Return On Asset | 0.0914 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 23.87 B | 16.62 B |
| Shares Outstanding | 1.6 B | 571.82 M |
| Shares Owned By Institutions | 2.59 % | 39.21 % |
| Number Of Shares Shorted | 3 M | 4.71 M |
Gol Linhas Opportunities
Gol Linhas Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Gol Linhas Areas Inteligentes S.A. Q3 2023 Earnings Call Transcript | 11/07/2023 |
2 | StockNews.com Upgrades Gol Linhas Areas Inteligentes to Buy | 01/04/2024 |
3 | GogolCoin 24 Hour Trading Volume Reaches 618.02 | 01/23/2024 |
4 | Brazil carrier Gol files for Chapter 11 bankruptcy protection | 01/25/2024 |
5 | Brazils Gol does not foresee layoffs related to Chapter 11 process | 01/26/2024 |
6 | GogolCoin 24 Hour Trading Volume Reaches 32.59 | 01/29/2024 |
7 | GogolCoin Trading 1 percent Lower This Week | 01/31/2024 |
About Gol Linhas Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Gol or other delisted stocks. Alpha measures the amount that position in Gol Linhas Aereas has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Gol Linhas Upcoming Company Events
As portrayed in its financial statements, the presentation of Gol Linhas' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gol Linhas' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gol Linhas' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gol Linhas. Please utilize our Beneish M Score to check the likelihood of Gol Linhas' management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Gol Linhas
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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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