Godaddy Stock Price on September 30, 2023
| GDDY Stock | USD 100.06 2.14 2.19% |
Below is the normalized historical share price chart for Godaddy extending back to April 01, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Godaddy stands at 100.06, as last reported on the 1st of December, with the highest price reaching 100.12 and the lowest price hitting 98.13 during the day.
If you're considering investing in Godaddy Stock, it is important to understand the factors that can impact its stock price. Godaddy appears to be very steady, given 3 months investment horizon. Godaddy holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had 0.26% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By evaluating Godaddy technical indicators you can presently evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Godaddy's Market Risk Adjusted Performance of 0.4188, risk adjusted performance of 0.1968, and Downside Deviation of 1.05 to validate if our risk estimates are consistent with your expectations.
Net Income Common Stock is likely to rise to about 380 M in 2023. 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 3.25 in 2023, whereas Price to Book Value is likely to drop (37.80) in 2023. Godaddy Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of April 2015 | 200 Day MA 75.7144 | 50 Day MA 80.2702 | Beta 0.905 |
Godaddy |
Sharpe Ratio = 0.2582
| Best Portfolio | Best Equity | |||
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| Small Returns | GDDY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.05 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Godaddy is performing at about 20% of its full potential. 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 Godaddy by adding it to a well-diversified portfolio.
Price Book 24.3495 | Enterprise Value Ebitda 24.4535 | Price Sales 3.3189 | Shares Float 130.4 M | Wall Street Target Price 101.2 |
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Godaddy Valuation on September 30, 2023
It is possible to determine the worth of Godaddy on a given historical date. On September 30, 2023 Godaddy was worth 74.41 at the beginning of the trading date compared to the closed value of 74.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Godaddy stock. Still, in general, we apply an absolute valuation method to find Godaddy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Godaddy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Godaddy's related companies.
| Open | High | Low | Close | Volume | |
| 72.89 | 74.15 | 72.58 | 73.88 | 1,063,189 | |
09/29/2023 | 74.41 | 75.57 | 74.27 | 74.48 | 1,434,900 |
| 74.34 | 74.64 | 73.74 | 74.09 | 1,396,618 |
| Backtest Godaddy | | | Godaddy History | | | Godaddy Valuation | Previous | Next |
Godaddy Trading Date Momentum on September 30, 2023
| On October 02 2023 Godaddy was traded for 74.09 at the closing time. The top price for the day was 74.64 and the lowest listed price was 73.74 . The trading volume for the day was 1.4 M. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.52% . The overall trading delta against the current closing price is 1.05% . |
Godaddy Fundamentals Correlations and Trends
By evaluating Godaddy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Godaddy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Godaddy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Godaddy Stock history
Godaddy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Godaddy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Godaddy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Godaddy stock prices may prove useful in developing a viable investing in Godaddy
| Last Reported | Projected for 2023 | ||
| Weighted Average Shares | 158.8 M | 146.1 M | |
| Weighted Average Shares Diluted | 161.5 M | 153.2 M | |
| Issuance Purchase of Equity Shares | -1.3 B | -1.3 B |
Godaddy Quarterly Market Capitalization |
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Godaddy Stock Technical Analysis
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.
Price Boundaries
Godaddy Period Price Range
Low | September 29, 2023 | High |
74.41 | 74.48 |
| 0.07 | 0.09% |
Godaddy December 1, 2023 Market Strength
Market strength indicators help investors to evaluate how Godaddy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Godaddy shares will generate the highest return on investment. By undertsting and applying Godaddy stock market strength indicators, traders can identify Godaddy entry and exit signals to maximize returns
| Accumulation Distribution | 24684.0 | |||
| Daily Balance Of Power | 0.0538 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 74.92 | |||
| Day Typical Price | 74.77 | |||
| Price Action Indicator | (0.40) | |||
| Period Momentum Indicator | 25.58 |
Godaddy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Godaddy stock's direction in advance. Along with the technical and fundamental analysis of Godaddy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Godaddy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1968 | |||
| Jensen Alpha | 0.4808 | |||
| Total Risk Alpha | 0.4796 | |||
| Sortino Ratio | 0.4591 | |||
| Treynor Ratio | 0.4088 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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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 0.413 | Earnings Share 2.31 | Revenue Per Share 27.656 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0511 |
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.