Goodfood Market Corp Stock Analysis

FOOD Stock  CAD 0.44  0.01  2.33%   
Goodfood Market Corp is overvalued with Real Value of 0.34 and Hype Value of 0.42. The main objective of Goodfood Market stock analysis is to determine its intrinsic value, which is an estimate of what Goodfood Market Corp is worth, separate from its market price. There are two main types of Goodfood Market's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Goodfood Market's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Goodfood Market's stock to identify patterns and trends that may indicate its future price movements.
The Goodfood Market stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Goodfood Market is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Goodfood Stock trading window is adjusted to America/Toronto timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Goodfood Market Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Goodfood Stock Analysis Notes

About 23.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.0. 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 0.05. The entity last dividend was issued on the 7th of June 2017. The firm had 9:200 split on the 7th of June 2017. 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. To learn more about Goodfood Market Corp call Jonathan Ferrari at 855 515 5191 or check out https://www.makegoodfood.ca.

Goodfood Market Corp Investment Alerts

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

Goodfood Market Thematic Classifications

In addition to having Goodfood Market stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Natural Foods Idea
Natural Foods
Natural food products and food packaging

Goodfood Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodfood Market's market, we take the total number of its shares issued and multiply it by Goodfood Market's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Goodfood Profitablity

Goodfood Market's profitability indicators refer to fundamental financial ratios that showcase Goodfood Market's ability to generate income relative to its revenue or operating costs. If, let's say, Goodfood Market is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Goodfood Market's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Goodfood Market's profitability requires more research than a typical breakdown of Goodfood Market's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Technical Drivers

As of the 26th of November, Goodfood Market retains the Market Risk Adjusted Performance of (1.58), downside deviation of 3.74, and Risk Adjusted Performance of 0.1441. Goodfood Market technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Goodfood Market Corp Price Movement Analysis

Execute Study
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Goodfood Market Outstanding Bonds

Goodfood Market issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Goodfood Market Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Goodfood bonds can be classified according to their maturity, which is the date when Goodfood Market Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Goodfood Market Predictive Daily Indicators

Goodfood Market intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Goodfood Market stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Goodfood Market Forecast Models

Goodfood Market's time-series forecasting models are one of many Goodfood Market's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Goodfood Market's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Goodfood Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Goodfood Market prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Goodfood shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Goodfood Market. By using and applying Goodfood Stock analysis, traders can create a robust methodology for identifying Goodfood entry and exit points for their positions.
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.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Goodfood Market to your portfolios without increasing risk or reducing expected return.

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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.