Goodfood Debt Equity Ratio from 2010 to 2024

FOOD Stock  CAD 0.44  0.02  4.76%   
Goodfood Market Debt Equity Ratio yearly trend continues to be very stable with very little volatility. Debt Equity Ratio is likely to grow to -1.7 this year. During the period from 2010 to 2024, Goodfood Market Debt Equity Ratio quarterly data regression pattern had sample variance of  1.28 and median of (0.61). View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
(1.78)
Current Value
(1.70)
Quarterly Volatility
1.13120846
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goodfood Market financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodfood Market's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 0.0 or Selling General Administrative of 60.3 K, as well as many indicators such as Price To Sales Ratio of 13.19, Dividend Yield of 0.0 or PTB Ratio of 7.76. Goodfood financial statements analysis is a perfect complement when working with Goodfood Market Valuation or Volatility modules.
  
This module can also supplement various Goodfood Market Technical models . Check out the analysis of Goodfood Market Correlation against competitors.

Pair Trading with Goodfood Market

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Goodfood Market position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Goodfood Market will appreciate offsetting losses from the drop in the long position's value.

Moving together with Goodfood Stock

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Moving against Goodfood Stock

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  0.32GFR Greenfire ResourcesPairCorr
The ability to find closely correlated positions to Goodfood Market could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfood Market when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Goodfood Market - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Goodfood Market Corp to buy it.
The correlation of Goodfood Market is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Goodfood Market moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfood Market Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Goodfood Market can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Goodfood Stock

Goodfood Market financial ratios help investors to determine whether Goodfood Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodfood with respect to the benefits of owning Goodfood Market security.