Goodfood Market Corp Stock Price on March 10, 2023

GDDFF Stock  USD 0.33  0.01  2.94%   
If you're considering investing in Goodfood Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Goodfood Market stands at 0.33, as last reported on the 4th of December, with the highest price reaching 0.33 and the lowest price hitting 0.33 during the day. Goodfood Market appears to be out of control, given 3 months investment horizon. Goodfood Market Corp holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Goodfood Market's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize Goodfood Market's Risk Adjusted Performance of 0.117, standard deviation of 5.83, and Market Risk Adjusted Performance of 1.03 to validate if our risk estimates are consistent with your expectations.
  
Goodfood Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.16

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Estimated Market Risk

 5.75
  actual daily
51
51% of assets are less volatile

Expected Return

 0.92
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Goodfood Market is performing at about 12% 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 Goodfood Market by adding it to a well-diversified portfolio.

Goodfood Market Valuation on March 10, 2023

It is possible to determine the worth of Goodfood Market on a given historical date. On March 10, 2023 Goodfood was worth 0.42 at the beginning of the trading date compared to the closed value of 0.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodfood Market pink sheet. Still, in general, we apply an absolute valuation method to find Goodfood Market'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 Goodfood Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodfood Market's related companies.
 Open High Low Close Volume
  0.43    0.43    0.43    0.43    1.00  
03/10/2023
  0.42    0.42    0.42    0.42    3,200  
  0.41    0.41    0.41    0.41    9,000  
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Open Value
0.42
0.42
Closing Value
17.67
Upside

Goodfood Market Trading Date Momentum on March 10, 2023

On March 13 2023 Goodfood Market Corp was traded for  0.41  at the closing time. The highest daily price throughout the period was 0.41  and the lowest price was  0.41 . The daily volume was 9 K. The net trading volume on 03/13/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.38% . The overall trading delta to current closing price is 0.00% .

Goodfood Market Corp Fundamentals Correlations and Trends

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

About Goodfood Market Pink Sheet history

Goodfood Market 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 Goodfood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodfood Market Corp 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 Goodfood Market stock prices may prove useful in developing a viable investing in Goodfood Market
Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. As of August 31, 2021, it had approximately 298,000 active subscribers. Goodfood Market is traded on OTC Exchange in the United States.

Goodfood Market Pink Sheet Technical Analysis

Goodfood Market technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Goodfood Market technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodfood Market 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

Goodfood Market Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Goodfood Market Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Goodfood Market December 4, 2024 Market Strength

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

Goodfood Market Technical and Predictive Indicators

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

Complementary Tools for Goodfood Pink Sheet analysis

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