Goodrx Holdingsinc Stock Price on March 7, 2022
| GDRX Stock | USD 6.66 0.03 0.45% |
If you're considering investing in Goodrx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Goodrx HoldingsInc stands at 6.66, as last reported on the 23rd of April, with the highest price reaching 6.73 and the lowest price hitting 6.57 during the day. We consider Goodrx HoldingsInc slightly risky. Goodrx HoldingsInc holds Efficiency (Sharpe) Ratio of 0.0152, which attests that the entity had a 0.0152% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Goodrx HoldingsInc, which you can use to evaluate the volatility of the firm. Please check out Goodrx HoldingsInc's Risk Adjusted Performance of 0.0251, market risk adjusted performance of 0.0721, and Downside Deviation of 2.49 to validate if the risk estimate we provide is consistent with the expected return of 0.0578%.
At this time, Goodrx HoldingsInc's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 433.3 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 34.2 K in 2024. . At this time, Goodrx HoldingsInc's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 4.47 in 2024, whereas Price To Sales Ratio is likely to drop 3.48 in 2024. Goodrx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Goodrx |
Sharpe Ratio = 0.0152
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Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Goodrx HoldingsInc is performing at about 1% 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 Goodrx HoldingsInc by adding it to a well-diversified portfolio.
Price Book 3.5407 | Enterprise Value Ebitda 25.1471 | Price Sales 3.5958 | Shares Float 83.5 M | Wall Street Target Price 8.76 |
Goodrx HoldingsInc Valuation on March 7, 2022
It is possible to determine the worth of Goodrx HoldingsInc on a given historical date. On March 7, 2022 Goodrx was worth 18.98 at the beginning of the trading date compared to the closed value of 19.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodrx HoldingsInc stock. Still, in general, we apply an absolute valuation method to find Goodrx HoldingsInc'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 Goodrx HoldingsInc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodrx HoldingsInc's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 18.98 | 19.45 | 18.50 | 19.02 | 749,000 |
| 18.70 | 18.91 | 18.35 | 18.52 | 832,100 |
| Backtest Goodrx HoldingsInc | | | Goodrx HoldingsInc History | | | Goodrx HoldingsInc Valuation | Next |
Goodrx HoldingsInc Trading Date Momentum on March 7, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Goodrx HoldingsInc Fundamentals Correlations and Trends
By evaluating Goodrx HoldingsInc'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 Goodrx HoldingsInc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goodrx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Goodrx HoldingsInc Stock history
Goodrx HoldingsInc 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 Goodrx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodrx HoldingsInc 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 Goodrx HoldingsInc stock prices may prove useful in developing a viable investing in Goodrx HoldingsInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 410.3 M | 433.3 M | |
| Net Loss | -29.5 M | -31 M |
Goodrx HoldingsInc Quarterly Net Working Capital |
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Goodrx HoldingsInc Stock Technical Analysis
Goodrx HoldingsInc 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
Goodrx HoldingsInc Period Price Range
Low | April 7, 2022
| High |
18.98 | 19.02 |
Goodrx HoldingsInc April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Goodrx HoldingsInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodrx HoldingsInc shares will generate the highest return on investment. By undertsting and applying Goodrx HoldingsInc stock market strength indicators, traders can identify Goodrx HoldingsInc entry and exit signals to maximize returns
| Accumulation Distribution | 36583.55 | |||
| Daily Balance Of Power | 0.0421 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.98 | |||
| Day Typical Price | 18.99 | |||
| Price Action Indicator | 0.065 | |||
| Period Momentum Indicator | (12.36) |
Goodrx HoldingsInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Goodrx HoldingsInc's price direction in advance. Along with the technical and fundamental analysis of Goodrx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goodrx 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 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 | 0.0251 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0047 | |||
| Treynor Ratio | 0.0621 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Goodrx Stock analysis
When running Goodrx HoldingsInc's price analysis, check to measure Goodrx HoldingsInc'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 Goodrx HoldingsInc is operating at the current time. Most of Goodrx HoldingsInc's value examination focuses on studying past and present price action to predict the probability of Goodrx HoldingsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodrx HoldingsInc's price. Additionally, you may evaluate how the addition of Goodrx HoldingsInc to your portfolios can decrease your overall portfolio volatility.
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Is Goodrx HoldingsInc'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 Goodrx HoldingsInc. If investors know Goodrx 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 Goodrx HoldingsInc 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 6.635 | Earnings Share (0.02) | Revenue Per Share 1.829 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0195 |
The market value of Goodrx HoldingsInc is measured differently than its book value, which is the value of Goodrx that is recorded on the company's balance sheet. Investors also form their own opinion of Goodrx HoldingsInc's value that differs from its market value or its book value, called intrinsic value, which is Goodrx HoldingsInc'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 Goodrx HoldingsInc's market value can be influenced by many factors that don't directly affect Goodrx HoldingsInc'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 Goodrx HoldingsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodrx HoldingsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodrx HoldingsInc'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.