Goodfood Market Corp Stock Statistic Functions Pearson Correlation Coefficient

FOOD Stock  CAD 0.46  0.01  2.22%   
Goodfood Market statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient 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 Pearson Correlation Coefficient 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.

Function
Time Period
Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Goodfood Market Corp and its benchmark or peer.

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
0.020.424.97
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Intrinsic
Valuation
LowRealHigh
0.020.344.89
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Naive
Forecast
LowNextHigh
0.010.404.95
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Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
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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.