Motorsport Gaming Us Stock Price on May 17, 2021
| MSGM Stock | USD 2.49 0.12 5.06% |
If you're considering investing in Motorsport Stock, it is important to understand the factors that can impact its price. As of today, the current price of Motorsport Gaming stands at 2.49, as last reported on the 19th of April, with the highest price reaching 2.52 and the lowest price hitting 2.30 during the day. We consider Motorsport Gaming very risky. Motorsport Gaming has Sharpe Ratio of 0.0081, which conveys that the firm had a 0.0081% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Motorsport Gaming, which you can use to evaluate the volatility of the firm. Please verify Motorsport Gaming's Mean Deviation of 3.69, risk adjusted performance of 0.0074, and Standard Deviation of 5.59 to check out if the risk estimate we provide is consistent with the expected return of 0.0449%.
At this time, Motorsport Gaming's Common Stock Shares Outstanding is very stable compared to the past year. As of the 19th of April 2024, Other Stockholder Equity is likely to grow to about 96.5 M, while Liabilities And Stockholders Equity is likely to drop about 9.3 M. . At this time, Motorsport Gaming's Price Book Value Ratio is very stable compared to the past year. As of the 19th of April 2024, Price To Book Ratio is likely to grow to 2.75, while Price Earnings Ratio is likely to drop (0.64). Motorsport Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Motorsport |
Sharpe Ratio = 0.0081
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| Negative Returns | MSGM |
Estimated Market Risk
| 5.53 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Motorsport Gaming is not performing at its full potential. However, 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 Motorsport Gaming by adding Motorsport Gaming to a well-diversified portfolio.
Price Book 2.4962 | Enterprise Value Ebitda (0.54) | Price Sales 1.0994 | Shares Float 1.2 M | Wall Street Target Price 7.25 |
Motorsport Gaming Valuation on May 17, 2021
It is possible to determine the worth of Motorsport Gaming on a given historical date. On May 17, 2021 Motorsport was worth 1.38 at the beginning of the trading date compared to the closed value of 13.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Motorsport Gaming stock. Still, in general, we apply an absolute valuation method to find Motorsport Gaming's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Motorsport Gaming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Motorsport Gaming's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 1.38 | 109.11 | 13.40 | 13.40 | 19,804 |
| 1.32 | 109.67 | 13.30 | 13.30 | 12,467 |
| Backtest Motorsport Gaming | | | Motorsport Gaming History | | | Motorsport Gaming Valuation | Next |
Motorsport Gaming Trading Date Momentum on May 17, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Motorsport Gaming Fundamentals Correlations and Trends
By evaluating Motorsport Gaming's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Motorsport Gaming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Motorsport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Motorsport Gaming Stock history
Motorsport Gaming investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Motorsport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Motorsport Gaming will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Motorsport Gaming stock prices may prove useful in developing a viable investing in Motorsport Gaming
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 M | 3.5 M | |
| Net Loss | -29.8 M | -28.4 M |
Motorsport Gaming Stock Technical Analysis
Motorsport Gaming technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Motorsport Gaming Period Price Range
Low | April 4, 2022
| High |
1.38 | 13.40 |
Motorsport Gaming April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Motorsport Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Motorsport Gaming shares will generate the highest return on investment. By undertsting and applying Motorsport Gaming stock market strength indicators, traders can identify Motorsport Gaming Us entry and exit signals to maximize returns
| Accumulation Distribution | 17371.83 | |||
| Daily Balance Of Power | 0.1256 | |||
| Rate Of Daily Change | 9.71 | |||
| Day Median Price | 61.26 | |||
| Day Typical Price | 45.3 | |||
| Market Facilitation Index | 0.0048 | |||
| Price Action Indicator | (41.84) | |||
| Period Momentum Indicator | (10.91) |
Motorsport Gaming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Motorsport Gaming's price direction in advance. Along with the technical and fundamental analysis of Motorsport Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Motorsport to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.02) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Motorsport Gaming information on this page should be used as a complementary analysis to other Motorsport Gaming'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 the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Motorsport Stock analysis
When running Motorsport Gaming's price analysis, check to measure Motorsport Gaming'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 Motorsport Gaming is operating at the current time. Most of Motorsport Gaming's value examination focuses on studying past and present price action to predict the probability of Motorsport Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Motorsport Gaming's price. Additionally, you may evaluate how the addition of Motorsport Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Motorsport Gaming'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 Motorsport Gaming. If investors know Motorsport 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 Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.06) | Revenue Per Share 2.681 | Quarterly Revenue Growth (0.54) | Return On Assets (0.67) | Return On Equity (7.17) |
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming'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 Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming'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 Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming'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.