Goodfood Market's market value is the price at which a share of Goodfood Market trades on a public exchange. It measures the collective expectations of Goodfood Market Corp investors about its performance. Goodfood Market is trading at 0.18 as of the 23rd of July 2025. This is a 38.46% increase since the beginning of the trading day. The stock's lowest day price was 0.18. With this module, you can estimate the performance of a buy and hold strategy of Goodfood Market Corp and determine expected loss or profit from investing in Goodfood Market over a given investment horizon. Check out Goodfood Market Correlation, Goodfood Market Volatility and Goodfood Market Alpha and Beta module to complement your research on Goodfood Market.
Please note, there is a significant difference between Goodfood Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodfood Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodfood Market's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Goodfood Market 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Goodfood Market's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Goodfood Market.
0.00
04/24/2025
No Change 0.00
0.0
In 3 months and 1 day
07/23/2025
0.00
If you would invest 0.00 in Goodfood Market on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Goodfood Market Corp or generate 0.0% return on investment in Goodfood Market over 90 days. Goodfood Market is related to or competes with XWELL, Mister Car, Interactive Strength, Real Matters, Cineplex, Doman Building, and Cogeco Communications. Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada More
Goodfood Market Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Goodfood Market's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Goodfood Market Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Goodfood Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goodfood Market's standard deviation. In reality, there are many statistical measures that can use Goodfood Market historical prices to predict the future Goodfood Market's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goodfood Market. Your research has to be compared to or analyzed against Goodfood Market's peers to derive any actionable benefits. When done correctly, Goodfood Market's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Goodfood Market Corp.
Goodfood Market Corp Backtested Returns
Goodfood Market appears to be out of control, given 3 months investment horizon. Goodfood Market Corp holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13 % 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 0.83% is justified by implied risk. Please utilize Goodfood Market's Market Risk Adjusted Performance of (0.91), risk adjusted performance of 0.1222, and Standard Deviation of 6.48 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Goodfood Market holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.89, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Goodfood Market are expected to decrease slowly. On the other hand, during market turmoil, Goodfood Market is expected to outperform it slightly. Please check Goodfood Market's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to make a quick decision on whether Goodfood Market's current trending patterns will revert.
Auto-correlation
0.14
Insignificant predictability
Goodfood Market Corp has insignificant predictability. Overlapping area represents the amount of predictability between Goodfood Market time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Goodfood Market Corp price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Goodfood Market price fluctuation can be explain by its past prices.
Correlation Coefficient
0.14
Spearman Rank Test
-0.07
Residual Average
0.0
Price Variance
0.0
Goodfood Market Corp lagged returns against current returns
Autocorrelation, which is Goodfood Market pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Goodfood Market's pink sheet expected returns. We can calculate the autocorrelation of Goodfood Market returns to help us make a trade decision. For example, suppose you find that Goodfood Market has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Goodfood Market regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Goodfood Market pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goodfood Market pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goodfood Market pink sheet over time.
Current vs Lagged Prices
Timeline
Goodfood Market Lagged Returns
When evaluating Goodfood Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goodfood Market pink sheet have on its future price. Goodfood Market autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Goodfood Market autocorrelation shows the relationship between Goodfood Market pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Goodfood Market Corp.
Other Information on Investing in Goodfood Pink Sheet
Goodfood Market financial ratios help investors to determine whether Goodfood Pink Sheet 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.