Goodfood Market Corp Stock Price Prediction

GDDFF Stock  USD 0.33  0.03  8.33%   
As of 27th of November 2024 The relative strength index (RSI) of Goodfood Market's share price is above 80 . This usually indicates that the pink sheet is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Oversold Vs Overbought

100

 
Oversold
 
Overbought
The successful prediction of Goodfood Market's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Goodfood Market and does not consider all of the tangible or intangible factors available from Goodfood Market's fundamental data. We analyze noise-free headlines and recent hype associated with Goodfood Market Corp, which may create opportunities for some arbitrage if properly timed.
Using Goodfood Market hype-based prediction, you can estimate the value of Goodfood Market Corp from the perspective of Goodfood Market response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Goodfood Market to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Goodfood because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Goodfood Market after-hype prediction price

    
  USD 0.33  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Goodfood Market Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.020.306.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goodfood Market. Your research has to be compared to or analyzed against Goodfood Market's peers to derive any actionable benefits. When done correctly, Goodfood Market's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Goodfood Market Corp.

Goodfood Market After-Hype Price Prediction Density Analysis

As far as predicting the price of Goodfood Market at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Goodfood Market or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Goodfood Market, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Goodfood Market Estimiated After-Hype Price Volatility

In the context of predicting Goodfood Market's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Goodfood Market's historical news coverage. Goodfood Market's after-hype downside and upside margins for the prediction period are 0.02 and 6.28, respectively. We have considered Goodfood Market's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.33
0.33
After-hype Price
6.28
Upside
Goodfood Market is out of control at this time. Analysis and calculation of next after-hype price of Goodfood Market Corp is based on 3 months time horizon.

Goodfood Market Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Goodfood Market is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Goodfood Market backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Goodfood Market, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.87 
5.95
 0.00  
 0.00  
0 Events / Month
1 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.33
0.33
0.00 
0.00  
Notes

Goodfood Market Hype Timeline

Goodfood Market Corp is currently traded for 0.33. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Goodfood is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.87%. %. The volatility of related hype on Goodfood Market is about 595000.0%, with the expected price after the next announcement by competition of 0.33. About 33.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. Goodfood Market Corp recorded a loss per share of 0.69. The entity had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in a few days.
Check out Goodfood Market Basic Forecasting Models to cross-verify your projections.

Goodfood Market Related Hype Analysis

Having access to credible news sources related to Goodfood Market's direct competition is more important than ever and may enhance your ability to predict Goodfood Market's future price movements. Getting to know how Goodfood Market's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Goodfood Market may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FTLFFitLife Brands, Common(0.02)9 per month 1.99 (0.03) 3.21 (2.29) 14.26 
444859BR2HUMANA INC 0.00 0 per month 0.00 (0.07) 5.93 (4.56) 16.62 
SCRYYSCOR PK 0.00 0 per month 2.03  0.07  5.61 (4.09) 12.99 
AQUIAquagold International 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BRRAYBarloworld Ltd ADR 0.00 0 per month 0.00 (0.03) 0.00 (2.98) 34.02 
MSTSXMorningstar Unconstrained Allocation 0.00 0 per month 0.53 (0.15) 1.03 (1.02) 2.80 
ABHYXHigh Yield Municipal Fund(0.01)1 per month 0.26 (0.40) 0.34 (0.33) 1.91 
LBHIXThrivent High Yield 0.00 0 per month 0.00 (0.59) 0.24 (0.24) 0.96 
IDSPACE 0.02 1 per month 4.00  0.1  7.32 (6.67) 20.54 
VIASPVia Renewables 0.00 0 per month 1.13 (0.04) 2.28 (1.20) 7.18 

Goodfood Market Additional Predictive Modules

Most predictive techniques to examine Goodfood price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Goodfood using various technical indicators. When you analyze Goodfood charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Goodfood Market Predictive Indicators

The successful prediction of Goodfood Market stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Goodfood Market Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Goodfood Market based on analysis of Goodfood Market hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Goodfood Market's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Goodfood Market's related companies.

Story Coverage note for Goodfood Market

The number of cover stories for Goodfood Market depends on current market conditions and Goodfood Market's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Goodfood Market is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Goodfood Market's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Goodfood Market Short Properties

Goodfood Market's future price predictability will typically decrease when Goodfood Market's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Goodfood Market Corp often depends not only on the future outlook of the potential Goodfood Market's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Goodfood Market's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding75.2 M

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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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