Bragg Stock Story

BRAG

- USA Stock

USD 4.79 0.19 3.82%

Macroaxis Story

Today we may see the proof that Integrated Media would recover much slower from the latest dip as its shares went up 1.94% to Bragg Gaming's 5.9259%. As many millenniums are excited about communication services space, we are going to shadow both, Bragg Gaming and Integrated Media as a potential shorter-term opportunity. We are going to discuss some of the competitive aspects of both Bragg and Integrated.

Published over three months ago

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Are retail investors purchasing Bragg Gaming (NASDAQ:BRAG) or Integrated Media?

By analyzing existing basic indicators between Bragg Gaming and Integrated, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Integrated with a short position in Bragg Gaming. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.

One of the ways to look at asset utilization of Bragg is to check how much profit was generated for every dollar of assets it reports. Bragg Gaming Group shows a negative utilization of assets of -5.55 percent, losing $0.0555 for each dollar of assets held by the firm. Unsuccessful asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Bragg Gaming Group shows how unproductive it operates for each dollar spent on its assets.

Are retail investors purchasing Bragg Gaming (NASDAQ:BRAG) or Integrated Media?

Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Bragg or Blue Hat is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Bragg Gaming's Liquidity

Bragg Gaming financial leverage refers to using borrowed capital as a funding source to finance Bragg Gaming Group ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bragg Gaming financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Bragg Gaming's total debt and its cash.

Correlation Between Bragg and Blue Hat Interactive

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Bragg Gaming together with similar or unrelated positions with a negative correlation. For example, you can also add Blue Hat to your portfolio. If Blue Hat is not perfectly correlated to Bragg Gaming it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Bragg Gaming for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.

Please check pair correlation details between BRAG and BHAT for more information.

Breaking down Bragg Gaming Indicators

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now go over Bragg Gaming revenue. Based on the latest financial disclosure, Bragg Gaming Group reported 56.34 M of revenue. This is 99.62% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The revenue for all United States stocks is 99.4% higher than that of Bragg Gaming. As for Integrated Media we see revenue of 1.3 M, which is much higher than that of the Electronic Gaming & Multimedia

BRAG

56.3 M

BRAG	56.34 Million	97.74
Sector	0.0	0.0
IMTE	1.3 Million	2.26

Our perspective of the latest Bragg Gaming surge

Market Risk Adjusted Performance just dropped to -0.82, may indicate upcoming price decrease.

As of the 22nd of January, Bragg Gaming shows the mean deviation of 3.69, and Risk Adjusted Performance of (0.10). Bragg Gaming Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Bragg Gaming Group, which can be compared to its rivals. Please confirm Bragg Gaming Group jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Bragg Gaming Group is priced correctly, providing market reflects its regular price of 5.72 per share. Given that Bragg Gaming has jensen alpha of (0.58), we suggest you to validate Bragg Gaming Group's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Take On Bragg Gaming

Although many other companies within the electronic gaming & multimedia industry are still a little expensive, even after the recent corrections, Bragg Gaming may offer a potential longer-term growth to shareholders. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither buy nor exit any shares of Bragg Gaming at this time. The Bragg Gaming Group risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Bragg Gaming.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Bragg Gaming Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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