Gaotu Techedu Drc Stock Price on October 23, 2024

GOTU Stock  USD 2.59  0.03  1.15%   
Below is the normalized historical share price chart for Gaotu Techedu DRC extending back to June 06, 2019. 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 Gaotu Techedu stands at 2.59, as last reported on the 18th of November 2024, with the highest price reaching 2.67 and the lowest price hitting 2.57 during the day.
IPO Date
6th of June 2019
200 Day MA
5.0788
50 Day MA
3.1718
Beta
0.019
 
Covid
If you're considering investing in Gaotu Stock, it is important to understand the factors that can impact its price. Gaotu Techedu DRC holds Efficiency (Sharpe) Ratio of -0.0817, which attests that the entity had a -0.0817% return per unit of risk over the last 3 months. Gaotu Techedu DRC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gaotu Techedu's Standard Deviation of 6.59, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.35) to validate the risk estimate we provide.
  
Common Stock Shares Outstanding is likely to gain to about 267.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.4 B in 2024. . At this time, Gaotu Techedu's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 6.32 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 19.59 in 2024. Gaotu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0817

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Estimated Market Risk

 6.67
  actual daily
59
59% of assets are less volatile

Expected Return

 -0.54
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gaotu Techedu is not performing at its full potential. However, 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 Gaotu Techedu by adding Gaotu Techedu to a well-diversified portfolio.
Price Book
1.8137
Enterprise Value Ebitda
(9.76)
Price Sales
0.1911
Shares Float
92 M
Wall Street Target Price
34.703

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Gaotu Techedu Valuation on October 23, 2024

It is possible to determine the worth of Gaotu Techedu on a given historical date. On October 23, 2024 Gaotu was worth 3.09 at the beginning of the trading date compared to the closed value of 2.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gaotu Techedu stock. Still, in general, we apply an absolute valuation method to find Gaotu Techedu'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 Gaotu Techedu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gaotu Techedu's related companies.
 Open High Low Close Volume
  3.15    3.22    3.08    3.16    1,412,423  
10/23/2024
  3.09    3.11    2.98    2.99    2,001,257  
  3.02    3.04    2.85    2.98    2,402,298  
Backtest Gaotu Techedu  |  Gaotu Techedu History  |  Gaotu Techedu Valuation   PreviousNext  
Open Value
3.09
2.99
Closing Value
23.10
Upside

Gaotu Techedu Trading Date Momentum on October 23, 2024

On October 24 2024 Gaotu Techedu DRC was traded for  2.98  at the closing time. The top price for the day was 3.04  and the lowest listed price was  2.85 . The trading volume for the day was 2.4 M. The trading history from October 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.33% . The overall trading delta against the current closing price is 4.35% .

Gaotu Techedu DRC Fundamentals Correlations and Trends

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

About Gaotu Techedu Stock history

Gaotu Techedu 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 Gaotu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gaotu Techedu DRC 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 Gaotu Techedu stock prices may prove useful in developing a viable investing in Gaotu Techedu
Last ReportedProjected for Next Year
Common Stock Shares Outstanding260.6 M267.1 M
Net Income Applicable To Common Shares11.9 M12.4 M

Gaotu Techedu Stock Technical Analysis

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

Gaotu Techedu Period Price Range

Low
November 18, 2024
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High

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Gaotu Techedu DRC cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Gaotu Techedu November 18, 2024 Market Strength

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

Gaotu Techedu Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gaotu Techedu's price direction in advance. Along with the technical and fundamental analysis of Gaotu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gaotu 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.

Additional Tools for Gaotu Stock Analysis

When running Gaotu Techedu's price analysis, check to measure Gaotu Techedu'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 Gaotu Techedu is operating at the current time. Most of Gaotu Techedu's value examination focuses on studying past and present price action to predict the probability of Gaotu Techedu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaotu Techedu's price. Additionally, you may evaluate how the addition of Gaotu Techedu to your portfolios can decrease your overall portfolio volatility.