Real Good Food Stock Market Value
| RGF Stock | USD 0.26 0.01 3.70% |
| Symbol | Real |
Real Good Food Price To Book Ratio
Is Packaged Foods & Meats 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 Real Good. If investors know Real 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 Real Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.06) | Revenue Per Share 21.335 | Quarterly Revenue Growth 0.48 | Return On Assets (0.18) | Return On Equity (31.64) |
The market value of Real Good Food is measured differently than its book value, which is the value of Real that is recorded on the company's balance sheet. Investors also form their own opinion of Real Good's value that differs from its market value or its book value, called intrinsic value, which is Real Good'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 Real Good's market value can be influenced by many factors that don't directly affect Real Good'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 Real Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Real Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Real Good'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.
Real Good 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Real Good's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Real Good.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Real Good on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Real Good Food or generate 0.0% return on investment in Real Good over 720 days. Real Good is related to or competes with Seneca Foods, Central Garden, Central Garden, Natures Sunshine, Associated British, Lancaster Colony, and Treehouse Foods. The Real Good Food Company, Inc., through its subsidiary, Real Good Foods, LLC operates as a health and wellness focused... More
Real Good Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Real Good's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Real Good Food upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 41.41 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 8.0 |
Real Good Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Real Good's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Real Good's standard deviation. In reality, there are many statistical measures that can use Real Good historical prices to predict the future Real Good's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (1.53) | |||
| Treynor Ratio | (0.76) |
Real Good Food Backtested Returns
Real Good Food maintains Sharpe Ratio (i.e., Efficiency) of -0.0895, which implies the firm had a -0.0895% return per unit of risk over the last 3 months. Real Good Food exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Real Good's Coefficient Of Variation of (1,345), variance of 45.69, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The company holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Real Good's returns are expected to increase less than the market. However, during the bear market, the loss of holding Real Good is expected to be smaller as well. At this point, Real Good Food has a negative expected return of -0.61%. Please make sure to check Real Good's total risk alpha and the relationship between the potential upside and market facilitation index , to decide if Real Good Food performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Real Good Food has very good predictability. Overlapping area represents the amount of predictability between Real Good time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Real Good Food price movement. The serial correlation of 0.81 indicates that around 81.0% of current Real Good price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Real Good Food lagged returns against current returns
Autocorrelation, which is Real Good stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Real Good's stock expected returns. We can calculate the autocorrelation of Real Good returns to help us make a trade decision. For example, suppose you find that Real Good has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Real Good regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Real Good stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Good stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Real Good stock over time.
Current vs Lagged Prices |
| Timeline |
Real Good Lagged Returns
When evaluating Real Good's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Real Good stock have on its future price. Real Good autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Real Good autocorrelation shows the relationship between Real Good stock current value and its past values and can show if there is a momentum factor associated with investing in Real Good Food.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Real Good Food is a strong investment it is important to analyze Real Good's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Real Good's future performance. For an informed investment choice regarding Real Stock, refer to the following important reports:Check out Real Good Correlation, Real Good Volatility and Real Good Alpha and Beta module to complement your research on Real Good. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Real Good 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.