1847 Goedeker Stock Performance

GOED
 Stock
  

USD 0.71  0.02  2.74%   

The firm owns a Beta (Systematic Risk) of 0.5714, which signifies possible diversification benefits within a given portfolio. Let's try to break down what 1847 Goedeker's beta means in this case. As returns on the market increase, 1847 Goedeker returns are expected to increase less than the market. However, during the bear market, the loss on holding 1847 Goedeker will be expected to be smaller as well. Even though it is essential to pay attention to 1847 Goedeker Commom 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 Commom has an expected return of -0.69%. Please be advised to confirm 1847 Goedeker Inc jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if 1847 Goedeker Commom performance from the past will be repeated sooner or later.
  
1847 Goedeker Performance
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Over the last 90 days 1847 Goedeker Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in October 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 Low1.0500
Target High Price8.00
Fifty Two Week High3.6690
Target Low Price4.00

1847 Goedeker Relative Risk vs. Return Landscape

If you would invest  122.00  in 1847 Goedeker Inc on June 30, 2022 and sell it today you would lose (51.00)  from holding 1847 Goedeker Inc or give up 41.8% of portfolio value over 90 days. 1847 Goedeker Inc is currently does not generate positive expected returns and assumes 6.4668% risk (volatility on return distribution) over the 90 days horizon. In different words, 56% 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 5.87 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.07 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 Inc, 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 = -0.106

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Estimated Market Risk
 6.47
  actual daily
 
 56 %
of total potential
 
5656
Expected Return
 -0.69
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 0 %
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Risk-Adjusted Return
 -0.11
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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 Commom 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 Commom market performance in a much more refined way. 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.
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 Specialty Retail classification in the United States and is traded on ASE Exchange. It employs 482 people.

Things to note about 1847 Goedeker Commom

Checking the ongoing alerts about 1847 Goedeker for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 1847 Goedeker Commom 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 Commom is not currently marked as verified by its exchange. Report It!
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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