Correlation
The correlation between NEGG and FOOD.TO is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
NEGG vs. FOOD.TO
Compare and contrast key facts about Newegg Commerce, Inc. (NEGG) and Goodfood Market Corp. (FOOD.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEGG or FOOD.TO.
Performance
NEGG vs. FOOD.TO - Performance Comparison
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Key characteristics
NEGG:
-0.73
FOOD.TO:
-0.74
NEGG:
-1.43
FOOD.TO:
-1.01
NEGG:
0.83
FOOD.TO:
0.87
NEGG:
-0.76
FOOD.TO:
-0.52
NEGG:
-1.41
FOOD.TO:
-1.63
NEGG:
53.70%
FOOD.TO:
31.79%
NEGG:
100.35%
FOOD.TO:
67.38%
NEGG:
-99.83%
FOOD.TO:
-99.07%
NEGG:
-99.76%
FOOD.TO:
-99.00%
Fundamentals
NEGG:
$94.27M
FOOD.TO:
CA$11.23M
NEGG:
-$2.25
FOOD.TO:
-CA$0.09
NEGG:
0.08
FOOD.TO:
0.08
NEGG:
0.88
FOOD.TO:
1.00
NEGG:
$926.52M
FOOD.TO:
CA$99.23M
NEGG:
$99.93M
FOOD.TO:
CA$39.71M
Returns By Period
In the year-to-date period, NEGG achieves a -39.50% return, which is significantly higher than FOOD.TO's -61.84% return. Over the past 10 years, NEGG has underperformed FOOD.TO with an annualized return of -36.32%, while FOOD.TO has yielded a comparatively higher -25.57% annualized return.
NEGG
-39.50%
34.44%
-58.98%
-72.50%
-62.23%
-40.63%
-36.32%
FOOD.TO
-61.84%
-3.33%
-67.42%
-51.67%
-57.36%
-49.28%
-25.57%
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Risk-Adjusted Performance
NEGG vs. FOOD.TO — Risk-Adjusted Performance Rank
NEGG
FOOD.TO
NEGG vs. FOOD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newegg Commerce, Inc. (NEGG) and Goodfood Market Corp. (FOOD.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NEGG vs. FOOD.TO - Dividend Comparison
Neither NEGG nor FOOD.TO has paid dividends to shareholders.
Drawdowns
NEGG vs. FOOD.TO - Drawdown Comparison
The maximum NEGG drawdown since its inception was -99.83%, roughly equal to the maximum FOOD.TO drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for NEGG and FOOD.TO.
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Volatility
NEGG vs. FOOD.TO - Volatility Comparison
Newegg Commerce, Inc. (NEGG) has a higher volatility of 59.49% compared to Goodfood Market Corp. (FOOD.TO) at 14.56%. This indicates that NEGG's price experiences larger fluctuations and is considered to be riskier than FOOD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NEGG vs. FOOD.TO - Financials Comparison
This section allows you to compare key financial metrics between Newegg Commerce, Inc. and Goodfood Market Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NEGG vs. FOOD.TO - Profitability Comparison
NEGG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Newegg Commerce, Inc. reported a gross profit of 34.19M and revenue of 308.73M. Therefore, the gross margin over that period was 11.1%.
FOOD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Goodfood Market Corp. reported a gross profit of 13.00M and revenue of 30.50M. Therefore, the gross margin over that period was 42.6%.
NEGG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Newegg Commerce, Inc. reported an operating income of -10.79M and revenue of 308.73M, resulting in an operating margin of -3.5%.
FOOD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Goodfood Market Corp. reported an operating income of -532.00K and revenue of 30.50M, resulting in an operating margin of -1.7%.
NEGG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Newegg Commerce, Inc. reported a net income of -9.19M and revenue of 308.73M, resulting in a net margin of -3.0%.
FOOD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Goodfood Market Corp. reported a net income of -2.39M and revenue of 30.50M, resulting in a net margin of -7.8%.