Goodfood Market Corp Stock Performance
| FOOD Stock | CAD 0.44 0.01 2.33% |
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 -0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Goodfood Market are expected to decrease at a much lower rate. During the bear market, Goodfood Market is likely to outperform the market. Please check Goodfood Market's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , 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. In spite of very unfluctuating basic indicators, Goodfood Market displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 36.9 M |
Goodfood |
Goodfood Market Relative Risk vs. Return Landscape
If you would invest 28.00 in Goodfood Market Corp on August 28, 2024 and sell it today you would earn a total of 16.00 from holding Goodfood Market Corp or generate 57.14% return on investment over 90 days. Goodfood Market Corp is generating 0.8171% of daily returns and assumes 4.6015% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Goodfood, and 84% of all equity instruments are likely to generate higher returns than the company 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 stocks, 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 = 0.1776
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| Small Returns | FOOD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.6 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 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 Stock 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 Stock performance.
| Return On Equity | -5.65 | ||||
| Return On Asset | 0.0161 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 64.26 M | ||||
| Shares Outstanding | 77.23 M | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 168.56 M | ||||
| EBITDA | 374 K | ||||
| Cash And Equivalents | 36.88 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 59.15 M | ||||
| Debt To Equity | 0.46 % | ||||
| Book Value Per Share | (0.30) X | ||||
| Cash Flow From Operations | (9.35 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Total Asset | 57.81 M | ||||
| Retained Earnings | (217.19 M) | ||||
About Goodfood Market Performance
By examining Goodfood Market's fundamental ratios, stakeholders can obtain critical insights into Goodfood Market's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Goodfood Market is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada. GOODFOOD MARKET is traded on Toronto Stock Exchange in Canada.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. Stock 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 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 168.56 M. Net Loss for the year was (16.46 M) with profit before overhead, payroll, taxes, and interest of 68.06 M. | |
| Goodfood Market Corp has accumulated about 36.88 M in cash with (9.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% 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 stock. These opinions can provide insight into Goodfood Market's potential for growth and whether the stock is currently undervalued or overvalued.
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.