Enthusiast Gaming Holdings Stock Gross Profit
Enthusiast Gaming Holdings fundamentals help investors to digest information that contributes to Enthusiast Gaming's financial success or failures. It also enables traders to predict the movement of Enthusiast OTC Stock. The fundamental analysis module provides a way to measure Enthusiast Gaming'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 Enthusiast Gaming otc stock.
Enthusiast |
Enthusiast Gross Profit Analysis
Enthusiast Gaming's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Enthusiast Gaming Gross Profit | 18.67 M |
Most of Enthusiast Gaming's fundamental indicators, such as Gross Profit, 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, Enthusiast Gaming Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Enthusiast Gaming Holdings reported 18.67 M of gross profit. This is 99.98% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The gross profit for all United States stocks is 99.93% higher than that of the company.
Enthusiast Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enthusiast Gaming's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Enthusiast Gaming could also be used in its relative valuation, which is a method of valuing Enthusiast Gaming by comparing valuation metrics of similar companies.Enthusiast Gaming is currently under evaluation in gross profit category among related companies.
Enthusiast Fundamentals
Return On Equity | -20.61 | |||
Return On Asset | -5.38 | |||
Profit Margin | (36.80) % | |||
Operating Margin | (23.12) % | |||
Current Valuation | 948.6 M | |||
Shares Outstanding | 115.67 M | |||
Shares Owned By Insiders | 28.92 % | |||
Shares Owned By Institutions | 2.04 % | |||
Price To Sales | 13.70 X | |||
Revenue | 72.96 M | |||
Gross Profit | 18.67 M | |||
EBITDA | (13.83 M) | |||
Net Income | (26.85 M) | |||
Cash And Equivalents | 4.45 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 38.89 M | |||
Debt To Equity | 0.27 % | |||
Current Ratio | 0.79 X | |||
Cash Flow From Operations | (15.29 M) | |||
Market Capitalization | 999.58 M | |||
Z Score | 15.0 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enthusiast Gaming in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enthusiast Gaming's short interest history, or implied volatility extrapolated from Enthusiast Gaming options trading.
Pair Trading with Enthusiast Gaming
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 Enthusiast Gaming 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 Enthusiast Gaming will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Omnicom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omnicom 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 Omnicom - 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 Omnicom Group to buy it.
The correlation of Omnicom 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 Omnicom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omnicom Group 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 Omnicom 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 population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Enthusiast OTC Stock
If you are still planning to invest in Enthusiast Gaming 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 Enthusiast Gaming's history and understand the potential risks before investing.
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