Ebet Inc Stock Fundamentals
| EBETDelisted Stock | USD 0.19 0.03 13.64% |
Ebet Inc fundamentals help investors to digest information that contributes to Ebet's financial success or failures. It also enables traders to predict the movement of Ebet OTC Stock. The fundamental analysis module provides a way to measure Ebet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ebet otc stock.
Ebet |
Ebet Inc OTC Stock Operating Margin Analysis
Ebet's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Ebet Operating Margin | (0.21) % |
Most of Ebet's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ebet Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Ebet Inc has an Operating Margin of -0.209%. This is 103.27% lower than that of the Hotels, Restaurants & Leisure sector and 97.11% lower than that of the Consumer Discretionary industry. The operating margin for all United States stocks is 96.21% lower than that of the firm.
Ebet Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ebet's current stock value. Our valuation model uses many indicators to compare Ebet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ebet competition to find correlations between indicators driving Ebet's intrinsic value. More Info.Ebet Inc is rated # 2 in return on equity category among related companies. It is rated # 3 in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ebet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ebet's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ebet's earnings, one of the primary drivers of an investment's value.Ebet Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ebet's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Ebet could also be used in its relative valuation, which is a method of valuing Ebet by comparing valuation metrics of similar companies.Ebet is currently under evaluation in operating margin category among related companies.
Ebet Fundamentals
| Return On Equity | -11.0 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.39) % | ||||
| Operating Margin | (0.21) % | ||||
| Current Valuation | 54.55 M | ||||
| Shares Outstanding | 448.05 M | ||||
| Shares Owned By Insiders | 13.13 % | ||||
| Shares Owned By Institutions | 10.46 % | ||||
| Number Of Shares Shorted | 15.89 M | ||||
| Price To Book | 0.29 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 58.6 M | ||||
| Gross Profit | 22.58 M | ||||
| EBITDA | (20 M) | ||||
| Net Income | (41.43 M) | ||||
| Cash And Equivalents | 6.89 M | ||||
| Cash Per Share | 0.42 X | ||||
| Total Debt | 32.48 M | ||||
| Debt To Equity | 1.09 % | ||||
| Current Ratio | 0.69 X | ||||
| Book Value Per Share | (0.55) X | ||||
| Cash Flow From Operations | (11.39 M) | ||||
| Short Ratio | 0.15 X | ||||
| Earnings Per Share | (4.12) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 37 | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 20.52 M | ||||
| Total Asset | 68.9 M | ||||
| Retained Earnings | (62.83 M) | ||||
| Working Capital | (25.84 M) | ||||
| Z Score | -1.46 | ||||
| Net Asset | 68.9 M |
About Ebet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ebet Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebet Inc based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.EBET, Inc. develops products and operates platforms to provide a real money online gambling experience focused on esports and competitive gaming. EBET, Inc. was incorporated in 2020 and is based in Las Vegas, Nevada. Ebet operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 60 people.
Pair Trading with Ebet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ebet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ebet will appreciate offsetting losses from the drop in the long position's value.Moving against Ebet OTC Stock
| 0.7 | RSI | Rush Street Interactive Financial Report 1st of May 2024 | PairCorr |
| 0.66 | CDROW | Codere Online Luxembourg | PairCorr |
| 0.65 | DKNG | DraftKings Financial Report 2nd of May 2024 | PairCorr |
| 0.62 | NGMS | NeogamesSA Financial Report 8th of May 2024 | PairCorr |
| 0.61 | AGS | PlayAGS Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Ebet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ebet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ebet Inc to buy it.
The correlation of Ebet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ebet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebet Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ebet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Ebet Inc information on this page should be used as a complementary analysis to other Ebet'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Ebet OTC Stock
If you are still planning to invest in Ebet Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebet's history and understand the potential risks before investing.
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