Jackpot Competitors

OTC Stocks . USA . 
Stock . Jackpot Digital
JPOTF Stock  USD 0.04  0  2.76%   
Jackpot Digital competes with 888 Holdings, Churchill Downs, Gan, Rush Street, and Lottery Common; as well as few others. The company classifies itself under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. Analyzing Jackpot Digital competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Jackpot Digital to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Jackpot Digital Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Jackpot Digital competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jackpot Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.045.32
Details
Intrinsic
Valuation
LowRealHigh
0.000.045.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jackpot Digital. Your research has to be compared to or analyzed against Jackpot Digital's peers to derive any actionable benefits. When done correctly, Jackpot Digital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jackpot Digital.

Jackpot Digital Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Jackpot Digital and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Jackpot and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Jackpot Digital does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
LTRY
+ 0.43
EIHDF
LTRY
+ 0.32
GAN
GAN
+ 0.31
EIHDF
GAN
+ 0.15
CHDN
RSI
+ 0.08
CHDN
EIHDF
+ 0.0
ITMZF
  
High negative correlations   
RYWCF
- 1.0
ITMZF
RSI
- 0.72
GAN
LTRY
- 0.47
CHDN
LTRY
- 0.34
RSI
CHDN
- 0.14
EIHDF
RSI
- 0.04
EIHDF

Risk-Adjusted Indicators

There is a big difference between Jackpot OTC Stock performing well and Jackpot Digital OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jackpot Digital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Jackpot Digital Competitive Analysis

The better you understand Jackpot Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Jackpot Digital's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Jackpot Digital's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
JPOTF ITMZF EIHDF RYWCF CHDN GAN RSI LTRY
 2.76 
 0.04 
Jackpot
 0.00 
 0 
Intema
 1.00 
 0.99 
888
 0.00 
 0.03 
Royal
 0.28 
 118.96 
Churchill
 1.55 
 1.27 
Gan
 2.76 
 5.98 
Rush
 5.53 
 1.88 
Lottery
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Very risky
Not too volatile
Very steady
Unstable
Slightly risky
Dangerous
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Very High
Below Average
Low
Quite High
Below Average
High
About Average
Very High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Over Valued
Under Valued
Under Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Strong Buy
Hold
Strong Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Hold
Strong Sell
Hold
Cautious Hold
Hold
Cautious Hold
Current Ratio
0.10 X
0.56 X
2.02 X
0.07 X
3.67 X
2.45 X
2.91 X
9.19 X
Net Asset
4.39 M
14.29 M
540 M
942.34 K
6.96 B
87.5 M
318.58 M
65.95 M
Profit Margin
N/A
N/A
0.05 %
N/A
0.17 %
(0.27) %
(0.03) %
N/A
EBITDA
(4.79 M)
(4.97 M)
123.4 M
(308.03 K)
920.8 M
(15.26 M)
(21.85 M)
(18.65 M)
Operating Margin
(2.60) %
(5.07) %
0.1 %
(667.10) %
0.19 %
(0.28) %
(0.1) %
(2.78) %
Current Valuation
10.79 M
10.89 M
174.68 M
20.73 M
13.55 B
65.28 M
345 M
16.9 M
Price To Book
N/A
1.39 X
1.46 X
0.87 X
9.96 X
0.42 X
9.52 X
0.29 X
Retained Earnings
(27.89 M)
N/A
141 M
N/A
894.5 M
(309.31 M)
(138.32 M)
(233.76 M)
Current Asset
6.43 M
N/A
181 M
N/A
219.6 M
19.69 M
N/A
N/A
Five Year Return
N/A
N/A
3.35 %
N/A
0.44 %
N/A
N/A
N/A
Beta
1.94
3.13
0.65
N/A
1.01
2.01
1.6
1.97
Number Of Employees
17
15
1.75 K
8
5.66 K
673
820
10
Shares Outstanding
131.96 M
167.44 M
446.33 M
123.96 M
73.69 M
45.11 M
76.54 M
4.75 M
Cash Flow From Operations
(2.88 M)
(4.53 M)
133.2 M
(1.36 M)
605.8 M
(3.56 M)
(5.93 M)
(2.03 M)
Annual Yield
N/A
N/A
0.11 %
N/A
0 %
N/A
N/A
N/A
Total Debt
4.27 M
139.54 K
19 M
30 K
4.84 B
46.57 M
1.29 M
6.08 M
Return On Equity
N/A
-1.41
0.19
-13.12
0.58
-4.26
-0.34
-0.49
Z Score
-9.9
46.8
13.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.39
-0.44
0.11
-1.54
0.0564
-0.2
-0.0964
-0.21
Book Value Per Share
(0.07) X
0.06 X
0.70 X
(0.03) X
11.99 X
(0.10) X
0.74 X
12.44 X
Number Of Shares Shorted
N/A
N/A
N/A
N/A
1.89 M
442.14 K
2.22 M
96.48 K
Current Liabilities
263 K
N/A
205 M
N/A
640.1 M
11.34 M
N/A
N/A
Total Asset
4.39 M
14.29 M
540 M
942.34 K
6.96 B
87.5 M
318.58 M
65.95 M
Debt To Equity
N/A
0.21 %
0.06 %
0.01 %
5.26 %
0.17 %
0.01 %
0.02 %
Short Ratio
N/A
N/A
N/A
N/A
3.91 X
1.64 X
1.27 X
5.18 X
Target Price
N/A
N/A
N/A
N/A
143.64
1.97
7.89
14.0
Last Dividend Paid
N/A
N/A
N/A
N/A
0.38
N/A
N/A
N/A
Shares Owned By Institutions
14.34 %
N/A
33.93 %
5.60 %
79.63 %
18.10 %
72.21 %
5.73 %
Market Capitalization
6.53 M
10.96 M
388.1 M
8.57 M
8.79 B
57.29 M
1.37 B
8.92 M
Price To Earning
(1.61) X
(3.67) X
38.67 X
N/A
16.29 X
N/A
2.90 X
5.24 X
Price To Earnings To Growth
N/A
N/A
N/A
N/A
2.58 X
N/A
N/A
N/A
Price To Sales
4.66 X
4.97 X
0.55 X
2,476 X
3.61 X
0.47 X
2.16 X
1.60 X
Net Income
(6.56 M)
(5.18 M)
68.9 M
(11.34 M)
417.3 M
(34.44 M)
(18.3 M)
(24.66 M)
Earnings Per Share
(0.06) X
(0.05) X
0.08 X
(0.1) X
5.49 X
(0.78) X
(0.27) X
(9.12) X
Shares Owned By Insiders
1.75 %
8.10 %
19.49 %
40.58 %
9.69 %
1.70 %
7.81 %
10.30 %
Revenue
419.75 K
127.06 K
796.1 M
413.05 K
2.46 B
129.42 M
691.16 M
6.48 M
Working Capital
6.17 M
N/A
(24 M)
N/A
(355 M)
19.82 M
90.92 M
(7.67 M)
Cash And Equivalents
161.72 K
1.54 M
299.5 M
108.8 K
110.6 M
49.08 M
179.72 M
50.8 M
Cash Per Share
N/A
0.01 X
0.67 X
N/A
3.01 X
1.17 X
3.15 X
1.00 X
Gross Profit
312.74 K
(46.97 K)
821.7 M
413.05 K
566.4 M
99.89 M
177.55 M
49.37 M
Day Typical Price
0.0412
0.0022
0.99
0.028
119.26
1.3
6.12
1.91
Accumulation Distribution
0.0144
N/A
N/A
N/A
0.0192
0.0593
0.0866
0.0508
Market Facilitation Index
6.0E-4
N/A
N/A
N/A
2.32
0.08
0.56
0.1
Daily Balance Of Power
1.833333
0.0
(9,223,372,036,855)
0.0
(0.15)
(0.25)
(0.30)
(1.10)
Period Momentum Indicator
0.0011
N/A
(0.01)
N/A
(0.34)
(0.02)
(0.17)
(0.11)
Rate Of Daily Change
1.03
1.0
0.99
1.0
1.0
0.98
0.97
0.94
Day Median Price
0.0413
0.0022
0.99
0.028
119.41
1.31
6.19
1.92
Price Action Indicator
3.0E-4
N/A
(0.01)
N/A
(0.62)
(0.05)
(0.29)
(0.1)
Coefficient Of Variation
(3,407)
N/A
(11,212)
N/A
(3,298)
(655.04)
717.34
(1,293)
Mean Deviation
3.4
N/A
0.966
N/A
1.28
1.31
2.31
3.55
Jensen Alpha
(0.1)
N/A
(0.09)
N/A
(0.16)
(0.31)
0.2798
(0.54)
Total Risk Alpha
(0.80)
N/A
(0.31)
N/A
(0.26)
(0.52)
0.0461
(0.96)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.1256
N/A
Downside Variance
N/A
N/A
N/A
N/A
N/A
N/A
9.99
N/A
Standard Deviation
5.16
N/A
2.26
N/A
1.61
1.86
3.46
4.75
Kurtosis
2.44
N/A
7.45
N/A
(0.29)
3.34
5.77
0.6604
Potential Upside
7.09
N/A
4.42
N/A
2.65
2.58
5.03
8.25
Treynor Ratio
0.1961
N/A
(0.04)
N/A
(0.05)
(1.27)
0.1849
(0.18)
Maximum Drawdown
33.74
N/A
16.71
N/A
6.93
10.42
23.17
23.72
Variance
26.66
N/A
5.1
N/A
2.6
3.46
11.97
22.61
Market Risk Adjusted Performance
0.2061
N/A
(0.03)
N/A
(0.04)
(1.26)
0.1949
(0.17)
Risk Adjusted Performance
(0.01)
N/A
0.0018
N/A
(0.01)
(0.09)
0.0935
(0.04)
Skewness
(0.27)
N/A
0.3212
N/A
(0.33)
(1.08)
1.21
0.3897
Semi Deviation
N/A
N/A
N/A
N/A
N/A
N/A
2.75
N/A
Information Ratio
(0.05)
N/A
(0.05)
N/A
(0.08)
(0.20)
0.1147
(0.1)
Value At Risk
(9.37)
N/A
(1.96)
N/A
(2.69)
(3.77)
(5.56)
(8.33)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
N/A
(2.47)
N/A
Downside Deviation
N/A
N/A
N/A
N/A
N/A
N/A
3.16
N/A
Semi Variance
N/A
N/A
N/A
N/A
N/A
N/A
7.57
N/A

Jackpot Digital Competition Performance Charts

Five steps to successful analysis of Jackpot Digital Competition

Jackpot Digital's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Jackpot Digital in relation to its competition. Jackpot Digital's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Jackpot Digital in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Jackpot Digital's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Jackpot Digital, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Jackpot Digital position

In addition to having Jackpot Digital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Check out Jackpot Digital Correlation with its peers.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.
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Altman
Z Score
Details
Piotroski
F Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Jackpot Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jackpot Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jackpot Digital'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.
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