Jackpot OTC Stock Today

JPOTF -  USA Stock  

USD 0.16  0.02  11.11%

Jackpot Digital is trading at 0.16 as of the 23rd of October 2021, a -11.11 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.15. Jackpot Digital has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Jackpot Digital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of September 2021 and ending today, the 23rd of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 93
Jackpot Digital Inc. develops, markets, leases, and provides electronic table games. Jackpot Digital Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada. Jackpot Digital operates under Gambling classification in the United States and is traded on OTC Exchange.. The company has 67.02 M outstanding shares. More on Jackpot Digital
Follow Valuation Odds of Bankruptcy
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Jackpot Digital OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Jackpot Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jackpot Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Jackpot Digital is way too risky over 90 days horizon
Jackpot Digital has some characteristics of a very speculative penny stock
Jackpot Digital appears to be risky and price may revert if volatility continues
Jackpot Digital has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 5.37 M in total debt. Jackpot Digital has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 253.25 K. Net Loss for the year was (3.79 M) with profit before overhead, payroll, taxes, and interest of 312.74 K.
Jackpot Digital has accumulated about 926.06 K in cash with (1.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Latest headline from www.equities.com: Sciplay falls 1.59 percent in Light Trading on October 19 - Equities.com
Legal NameJackpot Digital
President CEO, DirectorJacob Kalpakian  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Gambling
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Jackpot Digital's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Jackpot Digital [JPOTF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 9.1 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jackpot Digital's market, we take the total number of its shares issued and multiply it by Jackpot Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Jackpot Digital classifies itself under Consumer Cyclical sector and is part of Gambling industry. The entity has 67.02 M outstanding shares. Jackpot Digital has accumulated about 926.06 K in cash with (1.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Jackpot Digital Probability Of Bankruptcy
Ownership
Jackpot Digital has a total of sixty-seven million nineteen thousand nine hundred ninety-nine outstanding shares. Roughly 93.0 (percent) of Jackpot Digital outstanding shares are held by regular investors with 0.64 % owned by insiders and only 6.27 pct. by outside corporations. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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Jackpot Stock Price Odds Analysis

What are Jackpot Digital's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Jackpot Digital jumping above the current price in 90 days from now is about 28.8%. The Jackpot Digital probability density function shows the probability of Jackpot Digital otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Jackpot Digital has a beta of -0.376. This indicates as returns on benchmark increase, returns on holding Jackpot Digital are expected to decrease at a much lower rate. During the bear market, however, Jackpot Digital is likely to outperform the market. In addition to that, the company has an alpha of 3.989, implying that it can generate a 3.99 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 0.16HorizonTargetOdds Up 0.16 
71.15%90 days
 0.16 
28.80%
Based on a normal probability distribution, the odds of Jackpot Digital to move above the current price in 90 days from now is about 28.8 (This Jackpot Digital probability density function shows the probability of Jackpot OTC Stock to fall within a particular range of prices over 90 days) .

Jackpot Digital Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jackpot Digital market risk premium is the additional return an investor will receive from holding Jackpot Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jackpot Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Jackpot Digital's alpha and beta are two of the key measurements used to evaluate Jackpot Digital's performance over the market, the standard measures of volatility play an important role as well.

Jackpot Stock Against Markets

Picking the right benchmark for Jackpot Digital otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jackpot Digital otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jackpot Digital is critical whether you are bullish or bearish towards Jackpot Digital at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jackpot Digital without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jackpot Digital Corporate Directors

Jackpot Digital corporate directors refer to members of a Jackpot Digital board of directors. The board of directors generally takes responsibility for the Jackpot Digital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Jackpot Digital's board members must vote for the resolution. The Jackpot Digital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Alan Artunian - DirectorProfile
Howard Blank - DirectorProfile
Neil Spellman - Independent DirectorProfile
Gregory McFarlane - Independent DirectorProfile
Please see Risk vs Return Analysis. Note that the Jackpot Digital information on this page should be used as a complementary analysis to other Jackpot Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Jackpot Digital 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 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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The market value of Jackpot Digital is measured differently than its book value, which is the value of Jackpot that is recorded on the company's balance sheet. Investors also form their own opinion of Jackpot Digital's value that differs from its market value or its book value, called intrinsic value, which is Jackpot Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jackpot Digital's market value can be influenced by many factors that don't directly affect Jackpot Digital underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jackpot Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine Jackpot Digital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jackpot Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.