Jackpot Digital Stock Beta
| JPOTF Stock | USD 0.04 0 2.76% |
Jackpot Digital fundamentals help investors to digest information that contributes to Jackpot Digital's financial success or failures. It also enables traders to predict the movement of Jackpot OTC Stock. The fundamental analysis module provides a way to measure Jackpot Digital'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 Jackpot Digital otc stock.
Jackpot |
Jackpot Digital OTC Stock Beta Analysis
Jackpot Digital's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Jackpot Digital Beta | 1.94 |
Most of Jackpot Digital's fundamental indicators, such as Beta, 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, Jackpot Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Jackpot Digital has a Beta of 1.9425. This is 131.25% higher than that of the Hotels, Restaurants & Leisure sector and 38.75% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Jackpot Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jackpot Digital's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Jackpot Digital could also be used in its relative valuation, which is a method of valuing Jackpot Digital by comparing valuation metrics of similar companies.Jackpot Digital is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jackpot Digital will likely underperform.
Jackpot Fundamentals
| Return On Asset | -0.39 | |||
| Operating Margin | (2.60) % | |||
| Current Valuation | 10.79 M | |||
| Shares Outstanding | 131.96 M | |||
| Shares Owned By Insiders | 1.75 % | |||
| Shares Owned By Institutions | 14.34 % | |||
| Price To Earning | (1.61) X | |||
| Price To Sales | 4.66 X | |||
| Revenue | 419.75 K | |||
| Gross Profit | 312.74 K | |||
| EBITDA | (4.79 M) | |||
| Net Income | (6.56 M) | |||
| Cash And Equivalents | 161.72 K | |||
| Total Debt | 4.27 M | |||
| Current Ratio | 0.10 X | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (2.88 M) | |||
| Earnings Per Share | (0.06) X | |||
| Number Of Employees | 17 | |||
| Beta | 1.94 | |||
| Market Capitalization | 6.53 M | |||
| Total Asset | 4.39 M | |||
| Retained Earnings | (27.89 M) | |||
| Working Capital | 6.17 M | |||
| Current Asset | 6.43 M | |||
| Current Liabilities | 263 K | |||
| Z Score | -9.9 | |||
| Net Asset | 4.39 M |
About Jackpot Digital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jackpot Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jackpot Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jackpot Digital 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.
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 Jackpot Digital 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, Jackpot Digital's short interest history, or implied volatility extrapolated from Jackpot Digital options trading.
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Complementary Tools for Jackpot OTC Stock analysis
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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