Gogo Inc Stock Price on October 5, 2023

GOGO Stock  USD 7.90  0.12  1.54%   
Below is the normalized historical share price chart for Gogo Inc extending back to June 21, 2013. 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 Gogo stands at 7.90, as last reported on the 14th of December 2024, with the highest price reaching 7.98 and the lowest price hitting 7.73 during the day.
IPO Date
21st of June 2013
200 Day MA
8.4221
50 Day MA
7.4161
Beta
1.103
 
Yuan Drop
 
Covid
If you're considering investing in Gogo Stock, it is important to understand the factors that can impact its price. Gogo appears to be slightly risky, given 3 months investment horizon. Gogo Inc holds Efficiency (Sharpe) Ratio of 0.0666, which attests that the entity had a 0.0666% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gogo Inc, which you can use to evaluate the volatility of the firm. Please utilize Gogo's Risk Adjusted Performance of 0.0375, market risk adjusted performance of 0.1457, and Downside Deviation of 3.39 to validate if our risk estimates are consistent with your expectations.
  
At this time, Gogo's Total Stockholder Equity is very stable compared to the past year. As of the 14th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 856.7 M, while Common Stock Shares Outstanding is likely to drop about 98.9 M. . At this time, Gogo's Price Cash Flow Ratio is very stable compared to the past year. As of the 14th of December 2024, Price Fair Value is likely to grow to 33.89, while Price To Sales Ratio is likely to drop 3.14. Gogo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0666

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Estimated Market Risk

 4.85
  actual daily
43
57% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Gogo is performing at about 5% 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 Gogo by adding it to a well-diversified portfolio.
Price Book
19.2979
Enterprise Value Ebitda
10.3263
Price Sales
2.5757
Shares Float
61.5 M
Wall Street Target Price
12.75

Gogo Valuation on October 5, 2023

It is possible to determine the worth of Gogo on a given historical date. On October 5, 2023 Gogo was worth 11.59 at the beginning of the trading date compared to the closed value of 11.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gogo stock. Still, in general, we apply an absolute valuation method to find Gogo'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 Gogo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gogo's related companies.
 Open High Low Close Volume
  11.48    11.64    11.43    11.62    366,202  
10/05/2023
  11.59    11.71    11.52    11.54    395,734  
  11.44    11.89    11.31    11.69    462,950  
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Open Value
11.59
11.54
Closing Value
26.13
Upside

Gogo Trading Date Momentum on October 5, 2023

On October 06 2023 Gogo Inc was traded for  11.69  at the closing time. The top price for the day was 11.89  and the lowest listed price was  11.31 . The trading volume for the day was 462.9 K. The trading history from October 6, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.30% . The overall trading delta against the current closing price is 1.65% .

Gogo Inc Fundamentals Correlations and Trends

By evaluating Gogo'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 Gogo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gogo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gogo Stock history

Gogo 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 Gogo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gogo Inc 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 Gogo stock prices may prove useful in developing a viable investing in Gogo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding133.3 M98.9 M
Net Income Applicable To Common Shares105.7 M111 M

Gogo Quarterly Net Working Capital

250.4 Million

Gogo Stock Technical Analysis

Gogo 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 Gogo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gogo 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...

Price Boundaries

Gogo Period Price Range

Low
December 14, 2024
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High

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Gogo Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Gogo December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Gogo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gogo shares will generate the highest return on investment. By undertsting and applying Gogo stock market strength indicators, traders can identify Gogo Inc entry and exit signals to maximize returns

Gogo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gogo's price direction in advance. Along with the technical and fundamental analysis of Gogo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gogo 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.
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo'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 Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Wireless Telecommunication Services space 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 Gogo. If investors know Gogo 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 Gogo 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
(0.50)
Earnings Share
0.43
Revenue Per Share
3.139
Quarterly Revenue Growth
0.026
Return On Assets
0.0847
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.