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Is NTN Buzztime (NYSEMKT:NTN) way too risky for millennials?
 | By Raphi Shpitalnik | Macroaxis Story |
It seems NTN Buzztime will continue to recover much faster as its share price surged up 15.24% today. The firm current daily volatility is 5.4 percent, with a beta of -0.06 and an alpha of 0.79 over DOW. As many baby boomers are still indifferent towards communication, it makes sense to outline NTN Buzztime. We will evaluate if NTN Buzztime shares are reasonably priced going into February.
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Reviewed by Gabriel Shpitalnik
NTN Buzztime has roughly 1.71 M in cash with (2.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. NTN Buzztime has 3.38 M in debt with debt to equity (D/E) ratio of 6.83, demonstrating that NTN Buzztime may be unable to create cash to meet all of its financial commitments. The entity has a current ratio of 0.93, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
How important is NTN Buzztime's Liquidity
NTN Buzztime financial leverage refers to using borrowed capital as a funding source to finance NTN Buzztime ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. NTN Buzztime 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. Financial leverage can amplify the potential profits to NTN Buzztime's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of NTN Buzztime's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between NTN Buzztime's total debt and its cash.
NTN Buzztime Correlation with Peers
Investors in NTN can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in NTN Buzztime. Diversification will allow for the same portfolio return with reduced risk. The correlation table of NTN Buzztime and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities NTN is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of NTN for more details
Detailed Perspective On NTN Buzztime
NTN Buzztime appears to be risky, given 1 month investment horizon. NTN Buzztime has Sharpe Ratio of 0.13, which conveys that the firm had 0.13% of return per unit of volatility over the last month. Our outlook to estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By reviewing NTN Buzztime technical indicators you can currently evaluate if the expected return of 0.69% is justified by implied risk. Please exercise NTN Buzztime mean deviation of 4.47, and Risk Adjusted Performance of 0.1401 to check out if our risk estimates are consistent with your expectations.
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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 Raphi Shpitalnik do not own shares of NTN Buzztime. Please refer to our Terms of Use for any information regarding our disclosure principles.