1847 Goedeker Stock Alpha and Beta Analysis


USD 0.71  0.02  2.74%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 1847 Goedeker Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in 1847 Goedeker over a specified time horizon. Remember, high 1847 Goedeker's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Risk vs Return Analysis.
Please note that although 1847 Goedeker alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, 1847 Goedeker did 0.60  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of 1847 Goedeker Inc stock's relative risk over its benchmark. 1847 Goedeker Commom has a beta of 0.50  . Let's try to break down what 1847 Goedeker's beta means in this case. As returns on the market increase, returns on owning 1847 Goedeker are expected to decrease at a much lower rate. During the bear market, 1847 Goedeker is likely to outperform the market.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

1847 Goedeker Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 1847 Goedeker market risk premium is the additional return an investor will receive from holding 1847 Goedeker long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 1847 Goedeker. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate 1847 Goedeker's performance over market.
α-0.6   β-0.5
90 days against DJI

1847 Goedeker Fundamentals Vs Peers

Comparing 1847 Goedeker's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze 1847 Goedeker's direct or indirect competition across all of the common fundamentals between 1847 Goedeker and the related equities. This way, we can detect undervalued stocks with similar characteristics as 1847 Goedeker or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of 1847 Goedeker's fundamental indicators could also be used in its relative valuation, which is a method of valuing 1847 Goedeker by comparing valuation metrics with those of similar companies.
 Better Than Average     
 Worse Than Average Compare 1847 Goedeker to competition
Fundamentals1847 GoedekerPeer Average
Return On Equity17.42 %(0.31) %
Return On Asset12.99 %(0.14) %
Profit Margin3.41 %(1.27) %
Operating Margin8.62 %(5.51) %
Current Valuation173.13 M16.62 B
Shares Outstanding106.46 M571.82 M
Shares Owned by Insiders4.82 %10.09 %

1847 Goedeker Opportunities

1847 Goedeker Return and Market Media

The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
Financial Statements07/07/2022

About 1847 Goedeker Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including 1847 Goedeker or other stocks. Alpha measures the amount that position in 1847 Goedeker Commom has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

1847 Goedeker Upcoming Company Events

As portrayed in its financial statements, the presentation of 1847 Goedeker's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 1847 Goedeker's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 1847 Goedeker's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 1847 Goedeker. Please utilize our Beneish M Score to check the likelihood of 1847 Goedeker's management manipulating its earnings.
Upcoming Quarterly Report4th of April 2022
Next Fiscal Quarter End31st of December 2021

Build Portfolio with 1847 Goedeker

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Please check Risk vs Return Analysis. Note that the 1847 Goedeker Commom information on this page should be used as a complementary analysis to other 1847 Goedeker's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for 1847 Goedeker Stock

When running 1847 Goedeker Commom price analysis, check to measure 1847 Goedeker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1847 Goedeker is operating at the current time. Most of 1847 Goedeker's value examination focuses on studying past and present price action to predict the probability of 1847 Goedeker's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1847 Goedeker's price. Additionally, you may evaluate how the addition of 1847 Goedeker to your portfolios can decrease your overall portfolio volatility.
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