1847 Goedeker Stock Performance

GOED -  USA Stock  

USD 1.52  0.08  5.00%

The firm owns a Beta (Systematic Risk) of 1.7243, which signifies a somewhat significant risk relative to the market. Let's try to break down what 1847 Goedeker's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 1847 Goedeker will likely underperform. Even though it is essential to pay attention to 1847 Goedeker existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. 1847 Goedeker exposes twenty-one different technical indicators, which can help you to evaluate its performance. 1847 Goedeker has an expected return of -0.21%. Please be advised to confirm 1847 Goedeker jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if 1847 Goedeker performance from the past will be repeated sooner or later.
  
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1847 Goedeker Performance
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Over the last 90 days 1847 Goedeker has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in June 2022. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

1847 Goedeker Price Channel

Quick Ratio0.48
Fifty Two Week Low1.2600
Target High Price8.00
Fifty Two Week High16.8200
Target Low Price5.00

1847 Goedeker Relative Risk vs. Return Landscape

If you would invest  188.00  in 1847 Goedeker on February 19, 2022 and sell it today you would lose (36.00)  from holding 1847 Goedeker or give up 19.15% of portfolio value over 90 days. 1847 Goedeker is currently does not generate positive expected returns and assumes 5.0624% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than 1847 Goedeker, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days 1847 Goedeker is expected to under-perform the market. In addition to that, the company is 3.75 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

1847 Goedeker Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 1847 Goedeker's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 1847 Goedeker, and traders can use it to determine the average amount a 1847 Goedeker's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0417

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Estimated Market Risk
 5.06
  actual daily
 
 43 %
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4343
Expected Return
 -0.21
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 0 %
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 -0.04
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Based on monthly moving average 1847 Goedeker is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 1847 Goedeker by adding it to a well-diversified portfolio.

About 1847 Goedeker Performance

To evaluate 1847 Goedeker Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 1847 Goedeker generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 1847 Goedeker Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand 1847 Goedeker stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents 1847 Goedeker's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.027  0.0292 
Return on Average Equity 0.05  0.05 
Return on Invested Capital 0.14  0.14 
Return on Sales 0.018  0.0194 
1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. In addition, the company provides appliance installation services and old appliance removal services. 1847 Goedeker Inc. was founded in 1951 and is headquartered in Brooklyn, New York. 1847 Goedeker operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 482 people.

Things to note about 1847 Goedeker

Checking the ongoing alerts about 1847 Goedeker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 1847 Goedeker help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

1847 Goedeker Alerts

Equity Alerts and Improvement Suggestions

1847 Goedeker generated a negative expected return over the last 90 days
1847 Goedeker has high historical volatility and very poor performance
1847 Goedeker may become a speculative penny stock
1847 Goedeker has high likelihood to experience some financial distress in the next 2 years
1847 Goedeker was previously known as 1847 GOEDEKER INC and was traded on NYSEMKT Exchange under the symbol GOED-WS.
1847 Goedeker currently holds about 25.72 M in cash with (18.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.
1847 Goedeker has a poor financial position based on the latest SEC disclosures
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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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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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Is 1847 Goedeker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1847 Goedeker. If investors know 1847 Goedeker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1847 Goedeker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of 1847 Goedeker is measured differently than its book value, which is the value of 1847 Goedeker that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Goedeker's value that differs from its market value or its book value, called intrinsic value, which is 1847 Goedeker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1847 Goedeker's market value can be influenced by many factors that don't directly affect 1847 Goedeker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1847 Goedeker's value and its price as these two are different measures arrived at by different means. Investors typically determine 1847 Goedeker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Goedeker'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.