NTN Buzztime Story

NTN -- USA Stock

USD 3.83 0.23 6.39%

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.

Published over a month ago

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Is NTN Buzztime (NYSEMKT:NTN) way too risky for millennials?

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.

Investing in NTN Buzztime, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding NTN Buzztime along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NTN Buzztime's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of NTN Buzztime in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as NTN Buzztime. Your research has to be compared to or analyzed against NTN Buzztime's peers to derive any actionable benefits. When done correctly, NTN Buzztime's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NTN Buzztime.

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. Please check the breakdown between NTN Buzztime's total debt and its cash.

How NTN Buzztime utilizes its cash?

To perform a cash flow analysis of NTN Buzztime, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash NTN Buzztime is receiving and how much cash it distributes out in a given period. The NTN Buzztime cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

NTN Buzztime Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 2.66 Million

NTN Buzztime Correlation with Peers

Investors in NTN Buzztime 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 Buzztime 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 Buzztime for more details

NTN Buzztime exotic insider transaction detected

Legal trades by NTN Buzztime insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

NTN Buzztime insider trading alert for general transaction of common stock by Allen Wolff, CEO, on 20th of January 2021. This event was filed by Ntn Buzztime Inc with SEC on 2021-01-20. Statement of changes in beneficial ownership - SEC Form 4. Allen Wolff currently serves as chief financial officer, executive vice president of NTN Buzztime [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down NTN Buzztime Further

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.

	FOXA	ETM	EVC	GTN	NTN
FOXA		0.88	0.86	0.72	0.64	FOXA
ETM	0.88		0.85	0.69	0.72	ETM
EVC	0.86	0.85		0.92	0.53	EVC
GTN	0.72	0.69	0.92		0.27	GTN
NTN	0.64	0.72	0.53	0.27		NTN
	FOXA	ETM	EVC	GTN	NTN

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Our take on today NTN Buzztime rise

Potential upside is down to 11.63. It may entail a possible volatility slide. NTN Buzztime exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate NTN Buzztime individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about NTN Buzztime future systematic risk.

Our Final Perspective on NTN Buzztime

Whereas some other entities under the broadcasting industry are still a bit expensive, NTN Buzztime may offer a potential longer-term growth to institutional investors. The inconsistency in the assessment between current NTN Buzztime valuation and our trade advice on NTN Buzztime is due to the recent market swings and your selection of investing horizon. 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 NTN Buzztime.

About Contributor

Raphi Shpitalnik is a Junior Member of Macroaxs Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. 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 Raphi Shpitalnik do not own shares of NTN Buzztime. Please refer to our Terms of Use for any information regarding our disclosure principles.

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NTN Buzztime Story

USD 3.83 0.23 6.39%

How important is NTN Buzztime's Liquidity

How NTN Buzztime utilizes its cash?

NTN Buzztime Correlation with Peers

NTN Buzztime exotic insider transaction detected

Breaking down NTN Buzztime Further

Our take on today NTN Buzztime rise

Our Final Perspective on NTN Buzztime

About Contributor

Would you like to provide feedback on the content of this article?

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