Goodfood Market Corp Stock Statistic Functions Beta

FOOD Stock  CAD 0.45  0.01  2.27%   
Goodfood Market statistic functions tool provides the execution environment for running the Beta function and other technical functions against Goodfood Market. Goodfood Market value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Goodfood Market statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

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 Technical Analysis Modules

Most technical analysis of Goodfood Market help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Goodfood from various momentum indicators to cycle indicators. When you analyze Goodfood charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Goodfood Market Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical 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, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Goodfood Market's intrinsic value. In addition to deriving basic predictive indicators for Goodfood Market, we also check how macroeconomic factors affect Goodfood Market price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 2022 2024 (projected)
Payables Turnover8.7511.935.73686.34
Days Of Inventory On Hand19.8612.5311.619.83
Hype
Prediction
LowEstimatedHigh
0.020.425.01
Details
Intrinsic
Valuation
LowRealHigh
0.020.344.93
Details
Naive
Forecast
LowNextHigh
0.010.404.99
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
Details

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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.