Good Times Restaurants Stock Technical Analysis

GTIM Stock  USD 2.44  0.08  3.17%   
As of the 19th of April, Good Times retains the Market Risk Adjusted Performance of 0.1803, downside deviation of 2.83, and Risk Adjusted Performance of 0.0218. Good Times technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Good Times Restaurants, which can be compared to its competitors. Please check out Good Times Restaurants standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Good Times is priced fairly, providing market reflects its last-minute price of 2.44 per share. Please also validate Good Times Restaurants total risk alpha, which is currently at (0.21) to confirm the company can sustain itself at a future point.

Good Times Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Good, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Good
  
Good Times' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Good Times Analyst Consensus

Target PriceAdvice# of Analysts
5.0Strong Sell0Odds
Good Times Restaurants current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Good analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Good stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Good Times Restaurants, talking to its executives and customers, or listening to Good conference calls.
Good Analyst Advice Details
Good Times 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.
A focus of Good Times technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Good Times trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Good Times Restaurants Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Good Times Restaurants volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Good Times Restaurants Trend Analysis

Use this graph to draw trend lines for Good Times Restaurants. You can use it to identify possible trend reversals for Good Times as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Good Times price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Good Times Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Good Times Restaurants applied against its price change over selected period. The best fit line has a slop of    , which means Good Times Restaurants will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted Good Times price change compared to its average price change.

About Good Times Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Good Times Restaurants on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Good Times Restaurants based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Good Times Restaurants price pattern first instead of the macroeconomic environment surrounding Good Times Restaurants. By analyzing Good Times's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Good Times's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Good Times specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.02140.0015980.001519
Price To Sales Ratio0.191.491.57

Good Times April 19, 2024 Technical Indicators

Most technical analysis of Good help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Good from various momentum indicators to cycle indicators. When you analyze Good charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Good Times Restaurants is a strong investment it is important to analyze Good Times' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Good Times' future performance. For an informed investment choice regarding Good Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Good Stock analysis

When running Good Times' price analysis, check to measure Good Times' 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 Good Times is operating at the current time. Most of Good Times' value examination focuses on studying past and present price action to predict the probability of Good Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Times' price. Additionally, you may evaluate how the addition of Good Times to your portfolios can decrease your overall portfolio volatility.
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Is Good Times' 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 Good Times. If investors know Good 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 Good Times 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
0.859
Earnings Share
0.9
Revenue Per Share
11.878
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0145
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' 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 Good Times' market value can be influenced by many factors that don't directly affect Good Times' 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 Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' 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.