1847 Goedeker Revenues vs Weighted Average Shares Analysis

1847 Goedeker financial indicator trend analysis is way more than just evaluating 1847 Goedeker prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1847 Goedeker is a good investment. Please check the relationship between 1847 Goedeker Revenues and its Weighted Average Shares accounts. Please check Risk vs Return Analysis.

Revenues vs Weighted Average Shares

Revenues vs Weighted Average Shares Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1847 Goedeker Revenues account and Weighted Average Shares. At this time, the significance of the direction appears to have totally related.
The correlation between 1847 Goedeker's Revenues and Weighted Average Shares is 1.0. Overlapping area represents the amount of variation of Revenues that can explain the historical movement of Weighted Average Shares in the same time period over historical financial statements of 1847 Goedeker, assuming nothing else is changed. The correlation between historical values of 1847 Goedeker's Revenues and Weighted Average Shares is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenues of 1847 Goedeker are associated (or correlated) with its Weighted Average Shares. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Weighted Average Shares has no effect on the direction of Revenues i.e., 1847 Goedeker's Revenues and Weighted Average Shares go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Revenues

Revenues refers to the total amount of money received by 1847 Goedeker for goods sold or services provided during a certain time period. It also includes all of 1847 Goedeker sales as well as any other increase in 1847 Goedeker equity.Revenues are reported on 1847 Goedeker income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPS]; determined based on the timing of issuance of shares or units in the period.
Most indicators from 1847 Goedeker fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1847 Goedeker current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please check Risk vs Return Analysis.The current year Enterprise Value over EBITDA is expected to grow to 21.34, whereas Selling General and Administrative Expense is forecasted to decline to about 22.9 M.
 2010 2019 2021 2022 (projected)
Interest Expense149871 K3.2 M3.45 M
Gross Profit10.9 M7.25 M79.66 M85.95 M

1847 Goedeker fundamental ratios Correlations

1.01.00.980.990.990.990.630.990.991.00.990.940.991.01.01.0-1.0
1.01.00.980.990.990.990.650.990.991.00.990.950.991.01.00.99-1.0
1.01.00.980.990.990.990.620.990.991.00.990.940.990.991.01.0-1.0
0.980.980.980.960.960.960.780.950.960.981.00.980.960.990.990.96-0.97
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.630.650.620.780.590.590.590.530.590.630.740.820.590.70.660.57-0.59
0.990.990.990.950.990.990.990.530.990.990.960.90.990.980.991.0-1.0
0.990.990.990.961.01.01.00.590.990.990.970.941.00.980.990.99-0.99
1.01.01.00.980.990.990.990.630.990.990.990.940.991.01.01.0-1.0
0.990.990.991.00.970.970.970.740.960.970.990.980.971.00.990.97-0.98
0.940.950.940.980.940.940.940.820.90.940.940.980.940.970.950.92-0.93
0.990.990.990.961.01.01.00.590.991.00.990.970.940.980.990.99-0.99
1.01.00.990.990.980.980.980.70.980.981.01.00.970.981.00.99-0.99
1.01.01.00.990.990.990.990.660.990.991.00.990.950.991.00.99-1.0
1.00.991.00.960.990.990.990.571.00.991.00.970.920.990.990.99-1.0
-1.0-1.0-1.0-0.97-0.99-0.99-0.99-0.59-1.0-0.99-1.0-0.98-0.93-0.99-0.99-1.0-1.0
Click cells to compare fundamentals

1847 Goedeker Account Relationship Matchups

1847 Goedeker Investors Sentiment

The influence of 1847 Goedeker's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 1847 Goedeker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1847 Goedeker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1847 Goedeker's short interest history, or implied volatility extrapolated from 1847 Goedeker options trading.

Current Sentiment - GOED

1847 Goedeker Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in 1847 Goedeker. What is your sentiment towards investing in 1847 Goedeker? Are you bullish or bearish?
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50% Bearish

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Please check Risk vs Return Analysis. Note that the 1847 Goedeker 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Tools for 1847 Goedeker Stock

When running 1847 Goedeker 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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