Goodfood Market Corp Stock Analysis

Goodfood Pink Sheet Analysis Notes

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. 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.The quote for Goodfood Market Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. 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 Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.44 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

The company has Profit Margin (PM) of (0.47) %, 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 (0.23) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.23.

Technical Drivers

As of the 23rd of November, Goodfood Market retains the Standard Deviation of 5.78, risk adjusted performance of 0.139, and Market Risk Adjusted Performance of 0.7772. 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. Please check out Goodfood Market Corp total risk alpha and potential upside to decide if Goodfood Market is priced fairly, providing market reflects its last-minute price of 0.36 per share. As Goodfood Market Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Goodfood Market Corp Price Movement Analysis

Goodfood Market Predictive Daily Indicators

Goodfood Market Forecast Models

Goodfood Market's time-series forecasting models are one of many Goodfood Market's pink sheet 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.

Pink Sheet 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 pink sheet 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 Pink Sheet such as Goodfood Market. By using and applying Goodfood Pink Sheet analysis, traders can create a robust methodology for identifying Goodfood entry and exit points for their positions.

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.