Godaddy Stock Market Value
| GDDY Stock | USD 123.83 0.43 0.35% |
| Symbol | Godaddy |
Godaddy Price To Book Ratio
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 11.863 | Earnings Share 9.08 | Revenue Per Share 28.687 | Quarterly Revenue Growth 0.058 | Return On Assets 0.0559 |
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.
Godaddy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Godaddy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Godaddy.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Godaddy on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Godaddy or generate 0.0% return on investment in Godaddy over 720 days. Godaddy is related to or competes with Sterling Check, Repay Holdings, SPS Commerce, Evertec, Consensus Cloud, Global Blue, and EverCommerce. GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internati... More
Godaddy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Godaddy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Godaddy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0869 | |||
| Maximum Drawdown | 6.66 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.58 |
Godaddy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Godaddy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Godaddy's standard deviation. In reality, there are many statistical measures that can use Godaddy historical prices to predict the future Godaddy's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 0.1387 | |||
| Total Risk Alpha | 0.0194 | |||
| Sortino Ratio | 0.0929 | |||
| Treynor Ratio | 0.2778 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Godaddy Backtested Returns
Godaddy appears to be very steady, given 3 months investment horizon. Godaddy holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Godaddy, which you can use to evaluate the volatility of the firm. Please utilize Godaddy's Market Risk Adjusted Performance of 0.2878, downside deviation of 1.24, and Risk Adjusted Performance of 0.1045 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Godaddy holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Godaddy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Godaddy is expected to be smaller as well. Please check Godaddy's standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Godaddy's current trending patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Godaddy has below average predictability. Overlapping area represents the amount of predictability between Godaddy time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Godaddy price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Godaddy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 362.53 |
Godaddy lagged returns against current returns
Autocorrelation, which is Godaddy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Godaddy's stock expected returns. We can calculate the autocorrelation of Godaddy returns to help us make a trade decision. For example, suppose you find that Godaddy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Godaddy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Godaddy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Godaddy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Godaddy stock over time.
Current vs Lagged Prices |
| Timeline |
Godaddy Lagged Returns
When evaluating Godaddy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Godaddy stock have on its future price. Godaddy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Godaddy autocorrelation shows the relationship between Godaddy stock current value and its past values and can show if there is a momentum factor associated with investing in Godaddy.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Godaddy Correlation, Godaddy Volatility and Godaddy Alpha and Beta module to complement your research on Godaddy. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.
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Godaddy 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.