We strongly advise to harness Goodfood Market analysis to find out if markets are presently mispricing the company. We were able to break down and interpolate data for thirty-three available reported financial drivers for Goodfood Market Corp, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Goodfood Market to be traded at C$0.54 in 90 days. Key indicators impacting Goodfood Market's financial strength include:
Understanding current and past Goodfood Market Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goodfood Market's financial statements are interrelated, with each one affecting the others. For example, an increase in Goodfood Market's assets may result in an increase in income on the income statement.
Goodfood Market competes with WELL Health, Lightspeed Commerce, IShares Canadian, Altagas Cum, and European Residential. 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.
You should never invest in Goodfood Market without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goodfood Stock, because this is throwing your money away. Analyzing the key information contained in Goodfood Market's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goodfood Market Key Financial Ratios
Goodfood Market's financial ratios allow both analysts and investors to convert raw data from Goodfood Market's financial statements into concise, actionable information that can be used to evaluate the performance of Goodfood Market over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Goodfood Market's current stock value. Our valuation model uses many indicators to compare Goodfood Market value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodfood Market competition to find correlations between indicators driving Goodfood Market's intrinsic value. More Info.
Goodfood Market Corp is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, Goodfood Market's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Goodfood Market by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goodfood Market's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Goodfood Market Corp Systematic Risk
Goodfood Market's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goodfood Market volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Goodfood Market Corp correlated with the market. If Beta is less than 0 Goodfood Market generally moves in the opposite direction as compared to the market. If Goodfood Market Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goodfood Market Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goodfood Market is generally in the same direction as the market. If Beta > 1 Goodfood Market moves generally in the same direction as, but more than the movement of the benchmark.
Goodfood Market Corp Total Assets Over Time
Goodfood Market Thematic Clasifications
Goodfood Market Corp is part of Natural Foods investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets
This theme covers Natural food products and food packaging. Companies producing natural foods including dairy products and different types of meets. Get More Thematic Ideas
Today, most investors in Goodfood Market Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goodfood Market's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Goodfood Market growth as a starting point in their analysis.
Goodfood Market November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goodfood Market help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goodfood Market Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodfood Market Corp based on widely used predictive technical indicators. In general, we focus on analyzing Goodfood Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodfood Market's daily price indicators and compare them against related drivers.
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.