Goodfood Market Financials
| GDDFF Stock | USD 0.36 0.06 20.00% |
Goodfood |
Understanding current and past Goodfood Market Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goodfood Market's financial statements are interrelated, with each one affecting the others. For example, an increase in Goodfood Market's assets may result in an increase in income on the income statement.
Goodfood Market Stock Summary
Goodfood Market competes with FitLife Brands,, HUMANA, SCOR PK, Barloworld, and Morningstar Unconstrained. 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.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 4600 Hickmore Street, |
| Sector | Internet & Direct Marketing Retail |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.makegoodfood.ca |
| Phone | 855 515 5191 |
| Currency | USD - US Dollar |
Goodfood Market Key Financial Ratios
There are many critical financial ratios that Goodfood Market's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goodfood Market Corp reports annually and quarterly.| Return On Equity | -3.78 | |||
| Return On Asset | -0.19 | |||
| Beta | -0.0452 | |||
| Z Score | 2.6 |
Goodfood Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goodfood Market's current stock value. Our valuation model uses many indicators to compare Goodfood Market value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodfood Market competition to find correlations between indicators driving Goodfood Market's intrinsic value. More Info.Goodfood Market Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goodfood Market's earnings, one of the primary drivers of an investment's value.Goodfood Market Corp Systematic Risk
Goodfood Market's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goodfood Market volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Goodfood Market Corp correlated with the market. If Beta is less than 0 Goodfood Market generally moves in the opposite direction as compared to the market. If Goodfood Market Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goodfood Market Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goodfood Market is generally in the same direction as the market. If Beta > 1 Goodfood Market moves generally in the same direction as, but more than the movement of the benchmark.
Goodfood Market November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goodfood Market help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goodfood Market Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodfood Market Corp based on widely used predictive technical indicators. In general, we focus on analyzing Goodfood Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodfood Market's daily price indicators and compare them against related drivers.
| Information Ratio | 0.1608 | |||
| Maximum Drawdown | 40.0 | |||
| Potential Upside | 5.26 |
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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