Goodfood Market Corp Stock Price on August 18, 2023

FOOD Stock  CAD 0.39  0.02  4.88%   
Below is the normalized historical share price chart for Goodfood Market Corp extending back to April 23, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Goodfood Market stands at 0.39, as last reported on the 11th of December 2024, with the highest price reaching 0.42 and the lowest price hitting 0.37 during the day.
200 Day MA
0.3033
50 Day MA
0.3519
Beta
(0.33)
 
Yuan Drop
 
Covid
If you're considering investing in Goodfood Stock, it is important to understand the factors that can impact its price. Goodfood Market appears to be out of control, given 3 months investment horizon. Goodfood Market Corp holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Goodfood Market's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Goodfood Market's Risk Adjusted Performance of 0.1112, market risk adjusted performance of (1.21), and Downside Deviation of 3.86 to validate if our risk estimates are consistent with your expectations.
  
At this time, Goodfood Market's Common Stock Total Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 90.9 M, while Total Stockholder Equity is likely to drop about 51.5 K. . At this time, Goodfood Market's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Book Value Ratio is likely to grow to 8.15, though Price Earnings Ratio is likely to grow to (35.15). Goodfood Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1466

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Estimated Market Risk

 4.68
  actual daily
41
59% of assets are more volatile

Expected Return

 0.69
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Goodfood Market is performing at about 11% 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 Goodfood Market by adding it to a well-diversified portfolio.
Price Book
1.0017
Enterprise Value Ebitda
6.293
Price Sales
0.2033
Shares Float
47.8 M
Wall Street Target Price
0.575

Goodfood Market Valuation on August 18, 2023

It is possible to determine the worth of Goodfood Market on a given historical date. On August 18, 2023 Goodfood was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Goodfood Market stock. Still, in general, we apply an absolute valuation method to find Goodfood Market's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goodfood Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Goodfood Market's related companies.
 Open High Low Close Volume
  0.45    0.46    0.44    0.44    16,600  
08/18/2023
  0.44    0.45    0.44    0.44    13,100  
  0.44    0.46    0.44    0.44    18,400  
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Open Value
0.44
0.44
Closing Value
14.48
Upside

Goodfood Market Trading Date Momentum on August 18, 2023

On August 21 2023 Goodfood Market Corp was traded for  0.44  at the closing time. The highest price during the trading period was 0.46  and the lowest recorded bid was listed for  0.44 . The volume for the day was 18.4 K. This history from August 21, 2023 did not cause price change. The overall trading delta to the current price is 4.55% .

Goodfood Market Corp Fundamentals Correlations and Trends

By evaluating Goodfood Market's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Goodfood Market's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Goodfood financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Goodfood Market Stock history

Goodfood Market investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Goodfood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Goodfood Market Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Goodfood Market stock prices may prove useful in developing a viable investing in Goodfood Market
Last ReportedProjected for Next Year
Common Stock Shares Outstanding87.5 M51.1 M
Net Loss-109.6 M-104.1 M

Goodfood Market Stock Technical Analysis

Goodfood Market technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Goodfood Market technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodfood Market trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Goodfood Market Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Goodfood Market Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Goodfood Market December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Goodfood Market stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goodfood Market shares will generate the highest return on investment. By undertsting and applying Goodfood Market stock market strength indicators, traders can identify Goodfood Market Corp entry and exit signals to maximize returns

Goodfood Market Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Goodfood Market's price direction in advance. Along with the technical and fundamental analysis of Goodfood Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Goodfood to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.