Neogamessa Stock Performance

NGMS Stock  USD 29.40  0.01  0.03%   
NeogamesSA has a performance score of 18 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0968, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NeogamesSA's returns are expected to increase less than the market. However, during the bear market, the loss of holding NeogamesSA is expected to be smaller as well. NeogamesSA right now secures a risk of 0.32%. Please verify NeogamesSA value at risk, as well as the relationship between the skewness and day median price , to decide if NeogamesSA will be following its current price movements.

Risk-Adjusted Performance

18 of 100

 
Weak
 
Strong
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NeogamesSA are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable primary indicators, NeogamesSA is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more

Actual Historical Performance (%)

One Day Return
0.034
Five Day Return
0.34
Year To Date Return
5.53
Ten Year Return
34.43
All Time Return
34.43
1
Monarch Casino Lags Q4 Earnings Estimates
02/14/2024
2
NeoGames Announces Fourth Quarter and Year-End 2023 Earnings Release Date
02/28/2024
3
NeoGames launches content with Georgia Lottery
03/05/2024
4
NeoGames S.A. Q4 Earnings Taking a Look at Key Metrics Versus Estimates
03/06/2024
5
NeoGames extends contract with Czech lottery SAZKA until 2028
04/02/2024
6
Calculating The Intrinsic Value Of NeoGames S.A.
04/10/2024
7
NeoGames appoints new iLottery Managing Director
04/17/2024
Begin Period Cash Flow41.7 M
  

NeogamesSA Relative Risk vs. Return Landscape

If you would invest  2,805  in NeogamesSA on January 19, 2024 and sell it today you would earn a total of  135.00  from holding NeogamesSA or generate 4.81% return on investment over 90 days. NeogamesSA is currently generating 0.0763% in daily expected returns and assumes 0.3184% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of stocks are less volatile than NeogamesSA, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days NeogamesSA is expected to generate 0.51 times more return on investment than the market. However, the company is 1.95 times less risky than the market. It trades about 0.24 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.11 per unit of risk.

NeogamesSA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NeogamesSA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NeogamesSA, and traders can use it to determine the average amount a NeogamesSA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2398

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashNGMSAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.32
  actual daily
2
98% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average NeogamesSA is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NeogamesSA by adding it to a well-diversified portfolio.

NeogamesSA Fundamentals Growth

NeogamesSA Stock prices reflect investors' perceptions of the future prospects and financial health of NeogamesSA, and NeogamesSA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NeogamesSA Stock performance.

About NeogamesSA Performance

To evaluate NeogamesSA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when NeogamesSA generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NeogamesSA Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NeogamesSA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents NeogamesSA's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 0.000017  0.000016 
Return On Tangible Assets(0.04)(0.04)
Return On Capital Employed(0.05)(0.05)
Return On Assets(0.04)(0.04)
Return On Equity(0.13)(0.13)

Things to note about NeogamesSA performance evaluation

Checking the ongoing alerts about NeogamesSA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NeogamesSA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company currently holds 226.8 M in liabilities with Debt to Equity (D/E) ratio of 1.48, which is about average as compared to similar companies. NeogamesSA has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeogamesSA until it has trouble settling it off, either with new capital or with free cash flow. So, NeogamesSA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NeogamesSA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeogamesSA to invest in growth at high rates of return. When we think about NeogamesSA's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 191.54 M. Net Loss for the year was (18.28 M) with profit before overhead, payroll, taxes, and interest of 165.7 M.
NeogamesSA has a poor financial position based on the latest SEC disclosures
Latest headline from investing.com: NeoGames appoints new iLottery Managing Director
Evaluating NeogamesSA's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NeogamesSA's stock performance include:
  • Analyzing NeogamesSA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NeogamesSA's stock is overvalued or undervalued compared to its peers.
  • Examining NeogamesSA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating NeogamesSA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NeogamesSA's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of NeogamesSA's stock. These opinions can provide insight into NeogamesSA's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NeogamesSA's stock performance is not an exact science, and many factors can impact NeogamesSA's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether NeogamesSA is a strong investment it is important to analyze NeogamesSA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeogamesSA's future performance. For an informed investment choice regarding NeogamesSA Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeogamesSA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for NeogamesSA Stock analysis

When running NeogamesSA's price analysis, check to measure NeogamesSA'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 NeogamesSA is operating at the current time. Most of NeogamesSA's value examination focuses on studying past and present price action to predict the probability of NeogamesSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeogamesSA's price. Additionally, you may evaluate how the addition of NeogamesSA to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is NeogamesSA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NeogamesSA. If investors know NeogamesSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NeogamesSA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Earnings Share
(0.36)
Revenue Per Share
5.695
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.03)
The market value of NeogamesSA is measured differently than its book value, which is the value of NeogamesSA that is recorded on the company's balance sheet. Investors also form their own opinion of NeogamesSA's value that differs from its market value or its book value, called intrinsic value, which is NeogamesSA'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 NeogamesSA's market value can be influenced by many factors that don't directly affect NeogamesSA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NeogamesSA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeogamesSA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeogamesSA'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.