Goodfood Market Corp Stock Performance
| GDDFF Stock | USD 0.33 0.01 2.94% |
On a scale of 0 to 100, Goodfood Market holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of -1.52, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Goodfood Market are expected to decrease by larger amounts. On the other hand, during market turmoil, Goodfood Market is expected to outperform it. Please check Goodfood Market's potential upside, as well as the relationship between the daily balance of power and day typical price , to make a quick decision on whether Goodfood Market's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Goodfood Market Corp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating technical and fundamental indicators, Goodfood Market reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 125.5 M | |
| Total Cashflows From Investing Activities | -37.7 M |
Goodfood |
Goodfood Market Relative Risk vs. Return Landscape
If you would invest 19.00 in Goodfood Market Corp on September 4, 2024 and sell it today you would earn a total of 14.00 from holding Goodfood Market Corp or generate 73.68% return on investment over 90 days. Goodfood Market Corp is currently producing 0.9871% returns and takes up 5.7319% volatility of returns over 90 trading days. Put another way, 51% of traded pink sheets are less volatile than Goodfood, and 81% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Goodfood Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goodfood Market's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Goodfood Market Corp, and traders can use it to determine the average amount a Goodfood Market's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1722
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Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Goodfood Market is performing at about 13% 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 Fundamentals Growth
Goodfood Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Goodfood Market, and Goodfood Market fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Goodfood Pink Sheet performance.
| Return On Equity | -3.78 | |||
| Return On Asset | -0.19 | |||
| Profit Margin | (0.47) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 86.09 M | |||
| Shares Outstanding | 76.52 M | |||
| Price To Earning | (0.37) X | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 268.59 M | |||
| EBITDA | (100.08 M) | |||
| Cash And Equivalents | 98.85 M | |||
| Cash Per Share | 1.31 X | |||
| Total Debt | 27.47 M | |||
| Debt To Equity | 3.46 % | |||
| Book Value Per Share | (0.27) X | |||
| Cash Flow From Operations | (58.98 M) | |||
| Earnings Per Share | (0.69) X | |||
| Total Asset | 129.85 M | |||
About Goodfood Market Performance
By analyzing Goodfood Market's fundamental ratios, stakeholders can gain valuable insights into Goodfood Market's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Goodfood Market has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Goodfood Market has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Goodfood Market Corp performance evaluation
Checking the ongoing alerts about Goodfood Market for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Goodfood Market Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goodfood Market Corp is way too risky over 90 days horizon | |
| Goodfood Market Corp has some characteristics of a very speculative penny stock | |
| Goodfood Market Corp appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 268.59 M. Net Loss for the year was (121.76 M) with profit before overhead, payroll, taxes, and interest of 68.06 M. | |
| Goodfood Market Corp has accumulated about 98.85 M in cash with (58.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 33.0% of the company shares are held by company insiders |
- Analyzing Goodfood Market's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Goodfood Market's stock is overvalued or undervalued compared to its peers.
- Examining Goodfood Market's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Goodfood Market's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Goodfood Market's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Goodfood Market's pink sheet. These opinions can provide insight into Goodfood Market's potential for growth and whether the stock is currently undervalued or overvalued.
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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