Goodness Growth Holdings Stock Performance
| GDNSF Stock | USD 0.49 0.01 2.00% |
On a scale of 0 to 100, Goodness Growth holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 2.7, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Goodness Growth will likely underperform. Please check Goodness Growth's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Goodness Growth's current trending patterns will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Goodness Growth Holdings are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Goodness Growth reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 27.1 M | |
| Total Cashflows From Investing Activities | -7.2 M |
Goodness |
Goodness Growth Relative Risk vs. Return Landscape
If you would invest 45.00 in Goodness Growth Holdings on October 21, 2024 and sell it today you would earn a total of 4.00 from holding Goodness Growth Holdings or generate 8.89% return on investment over 90 days. Goodness Growth Holdings is currently producing 0.7828% returns and takes up 13.8728% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Goodness, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Goodness Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goodness Growth's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Goodness Growth Holdings, and traders can use it to determine the average amount a Goodness Growth'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 = 0.0564
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Estimated Market Risk
| 13.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Goodness Growth is performing at about 4% 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 Goodness Growth by adding it to a well-diversified portfolio.
Goodness Growth Fundamentals Growth
Goodness OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Goodness Growth, and Goodness Growth 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 Goodness OTC Stock performance.
| Return On Equity | -1.25 | |||
| Return On Asset | -0.0589 | |||
| Profit Margin | (0.61) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 149.75 M | |||
| Shares Outstanding | 86.72 M | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 0.45 X | |||
| Revenue | 54.45 M | |||
| EBITDA | (17.55 M) | |||
| Cash And Equivalents | 16.97 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 27.33 M | |||
| Debt To Equity | 5.34 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (30.52 M) | |||
| Earnings Per Share | (0.33) X | |||
| Total Asset | 166.97 M | |||
About Goodness Growth Performance
By analyzing Goodness Growth's fundamental ratios, stakeholders can gain valuable insights into Goodness Growth's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Goodness Growth 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 Goodness Growth has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Goodness Growth Holdings, Inc. operates as a physician-led cannabis company in the United States. Goodness Growth Holdings, Inc. is headquartered in Minneapolis, Minnesota. Goodness Growth operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 500 people.Things to note about Goodness Growth Holdings performance evaluation
Checking the ongoing alerts about Goodness Growth for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Goodness Growth Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Goodness Growth is way too risky over 90 days horizon | |
| Goodness Growth has some characteristics of a very speculative penny stock | |
| Goodness Growth appears to be risky and price may revert if volatility continues | |
| Goodness Growth has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 54.45 M. Net Loss for the year was (33.69 M) with profit before overhead, payroll, taxes, and interest of 19.8 M. | |
| Goodness Growth Holdings has accumulated about 16.97 M in cash with (30.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. |
- Analyzing Goodness Growth'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 Goodness Growth's stock is overvalued or undervalued compared to its peers.
- Examining Goodness Growth'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 Goodness Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Goodness Growth's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Goodness Growth's otc stock. These opinions can provide insight into Goodness Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Goodness OTC Stock analysis
When running Goodness Growth's price analysis, check to measure Goodness Growth'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 Goodness Growth is operating at the current time. Most of Goodness Growth's value examination focuses on studying past and present price action to predict the probability of Goodness Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodness Growth's price. Additionally, you may evaluate how the addition of Goodness Growth to your portfolios can decrease your overall portfolio volatility.
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