Good Natured Products Performance
| GDNPFDelisted Stock | USD 0.01 0.00 0.00% |
Good Natured holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.84, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Good Natured's returns are expected to increase less than the market. However, during the bear market, the loss of holding Good Natured is expected to be smaller as well. Use Good Natured Products treynor ratio, as well as the relationship between the downside variance and kurtosis , to analyze future returns on Good Natured Products.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Good Natured Products are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Good Natured reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 8.1 M |
Good |
Good Natured Relative Risk vs. Return Landscape
If you would invest 0.45 in Good Natured Products on October 5, 2024 and sell it today you would earn a total of 0.09 from holding Good Natured Products or generate 20.0% return on investment over 90 days. Good Natured Products is currently producing 1.2477% returns and takes up 12.7876% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Good, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Good Natured Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Good Natured's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Good Natured Products, and traders can use it to determine the average amount a Good Natured's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0976
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Estimated Market Risk
| 12.79 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.25 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Good Natured is performing at about 7% 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 Good Natured by adding it to a well-diversified portfolio.
Good Natured Fundamentals Growth
Good Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Good Natured, and Good Natured fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Good Pink Sheet performance.
| Return On Equity | -0.48 | |||
| Return On Asset | -0.0117 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 73.95 M | |||
| Shares Outstanding | 223.21 M | |||
| Price To Book | 2.44 X | |||
| Price To Sales | 0.42 X | |||
| Revenue | 61.13 M | |||
| EBITDA | (6.33 M) | |||
| Cash And Equivalents | 16.7 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 43.3 M | |||
| Debt To Equity | 1.97 % | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (13.66 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 90.53 M | |||
About Good Natured Performance
By analyzing Good Natured's fundamental ratios, stakeholders can gain valuable insights into Good Natured's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Good Natured has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Good Natured has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
good natured Products Inc., together with its subsidiaries, designs, produces, and distributes bioplastics for use in packaging and durable product applications in Canada and the United States. The company was formerly known as Solegear Bioplastic Technologies Inc. and changed its name to good natured Products Inc. in October 2017. good natured Products Inc. was founded in 2006 and is headquartered in Vancouver, Canada. Good Natured is traded on OTC Exchange in the United States.Things to note about Good Natured Products performance evaluation
Checking the ongoing alerts about Good Natured for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Good Natured Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Good Natured is not yet fully synchronised with the market data | |
| Good Natured is way too risky over 90 days horizon | |
| Good Natured has some characteristics of a very speculative penny stock | |
| Good Natured appears to be risky and price may revert if volatility continues | |
| Good Natured has a very high chance of going through financial distress in the upcoming years | |
| Good Natured Products has accumulated 43.3 M in total debt with debt to equity ratio (D/E) of 1.97, which is about average as compared to similar companies. Good Natured Products has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Good Natured until it has trouble settling it off, either with new capital or with free cash flow. So, Good Natured's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Good Natured Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Good to invest in growth at high rates of return. When we think about Good Natured's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 61.13 M. Net Loss for the year was (12.7 M) with profit before overhead, payroll, taxes, and interest of 6.24 M. | |
| Good Natured Products has accumulated about 16.7 M in cash with (13.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 12.0% of Good Natured shares are held by company insiders |
- Analyzing Good Natured's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Good Natured's stock is overvalued or undervalued compared to its peers.
- Examining Good Natured's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Good Natured's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Good Natured's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Good Natured's pink sheet. These opinions can provide insight into Good Natured's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in Good Pink Sheet
If you are still planning to invest in Good Natured Products check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Good Natured's history and understand the potential risks before investing.
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