Godaddy Stock Odds of Future Stock Price Finishing Over 113.37

GDDY Stock  USD 113.37  0.69  0.60%   
Godaddy's implied volatility is one of the determining factors in the pricing options written on Godaddy. Implied volatility approximates the future value of Godaddy based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Godaddy over a specific time period. For example, 2024-03-01 CALL at $113.0 is a CALL option contract on Godaddy's common stock with a strick price of 113.0 expiring on 2024-03-01. The contract was last traded on 2024-02-23 at 13:08:02 for $1.5 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $1.8, and an ask price of $4.1. The implied volatility as of the 28th of February is 57.34. View All Godaddy options

Closest to current price Godaddy long CALL Option Payoff at Expiration

Godaddy's future price is the expected price of Godaddy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Godaddy performance during a given time horizon utilizing its historical volatility. Check out Godaddy Backtesting, Godaddy Valuation, Godaddy Correlation, Godaddy Hype Analysis, Godaddy Volatility, Godaddy History as well as Godaddy Performance.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
  
At this time, Godaddy's Price to Earnings Ratio is fairly stable as compared to the past year. Price to Sales Ratio is likely to rise to 3.48 in 2024, whereas Price to Book Value is likely to drop (34.02) in 2024. Please specify Godaddy's target price for which you would like Godaddy odds to be computed.

Godaddy Target Price Odds to finish over 113.37

The tendency of Godaddy Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 113.37 90 days 113.37 
about 6.44
Based on a normal probability distribution, the odds of Godaddy to move above the current price in 90 days from now is about 6.44 (This Godaddy probability density function shows the probability of Godaddy Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Godaddy has a beta of 0.36. This usually indicates as returns on the market go up, Godaddy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Godaddy will be expected to be much smaller as well. Additionally The company has an alpha of 0.2455, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Godaddy Price Density   
       Price  

Predictive Modules for Godaddy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Godaddy. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Godaddy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Godaddy in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
111.99113.12114.25
Details
Intrinsic
Valuation
LowRealHigh
109.87111.00124.71
Details
18 Analysts
Consensus
LowTargetHigh
84.0892.40102.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.710.951.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Godaddy. Your research has to be compared to or analyzed against Godaddy's peers to derive any actionable benefits. When done correctly, Godaddy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Godaddy.

Godaddy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Godaddy is not an exception. The market had few large corrections towards the Godaddy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Godaddy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Godaddy within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.25
β
Beta against NYSE Composite0.36
σ
Overall volatility
4.78
Ir
Information ratio 0.13

Godaddy Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Godaddy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Godaddy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company currently holds 3.91 B in liabilities. Godaddy has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Godaddy until it has trouble settling it off, either with new capital or with free cash flow. So, Godaddy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Godaddy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Godaddy to invest in growth at high rates of return. When we think about Godaddy's use of debt, we should always consider it together with cash and equity.
Godaddy has a strong financial position based on the latest SEC filings
Over 98.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Why the ENS Battle Over Eth.Link Matters

Godaddy Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Godaddy Stock often depends not only on the future outlook of the current and potential Godaddy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Godaddy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding151.5 M
Cash And Short Term Investments498.8 M

Godaddy Technical Analysis

Godaddy's future price can be derived by breaking down and analyzing its technical indicators over time. Godaddy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Godaddy. In general, you should focus on analyzing Godaddy Stock price patterns and their correlations with different microeconomic environments and drivers.

Godaddy Predictive Forecast Models

Godaddy's time-series forecasting models is one of many Godaddy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Godaddy'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 stock market movement and maximize returns from investment trading.

Things to note about Godaddy

Checking the ongoing alerts about Godaddy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Godaddy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company currently holds 3.91 B in liabilities. Godaddy has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Godaddy until it has trouble settling it off, either with new capital or with free cash flow. So, Godaddy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Godaddy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Godaddy to invest in growth at high rates of return. When we think about Godaddy's use of debt, we should always consider it together with cash and equity.
Godaddy has a strong financial position based on the latest SEC filings
Over 98.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Why the ENS Battle Over Eth.Link Matters
When determining whether Godaddy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Godaddy'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 Godaddy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Godaddy Stock:
Check out Godaddy Backtesting, Godaddy Valuation, Godaddy Correlation, Godaddy Hype Analysis, Godaddy Volatility, Godaddy History as well as Godaddy Performance.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Godaddy Stock analysis

When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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
12.082
Earnings Share
9.2
Revenue Per Share
28.687
Quarterly Revenue Growth
0.058
Return On Assets
0.0548
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.