Backstageplay Stock Analysis
| BP Stock | CAD 0.05 0.00 0.00% |
Backstageplay is overvalued with Real Value of 0.0452 and Hype Value of 0.05. The main objective of Backstageplay stock analysis is to determine its intrinsic value, which is an estimate of what Backstageplay is worth, separate from its market price. There are two main types of Backstageplay's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Backstageplay's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Backstageplay's stock to identify patterns and trends that may indicate its future price movements.
The Backstageplay stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Backstageplay is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Backstageplay Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Backstageplay's ongoing operational relationships across important fundamental and technical indicators.
Backstageplay |
Backstageplay Stock Analysis Notes
About 38.0% of the company shares are held by company insiders. The company has Price/Earnings (P/E) ratio of 130.0. Backstageplay last dividend was issued on the 25th of February 2020. The entity had 1:2 split on the 25th of February 2020. Backstageplay Inc., an Internet entertainment and marketing company, engages in online gaming platform business. The company was formerly known as Oramericas Corp. and changed its name to Backstageplay Inc. in February 2016. BACKSTAGEPLAY INC operates under Electronic Gaming Multimedia classification in Canada and is traded on TSX Venture Exchange. For more info on Backstageplay please contact BA LLB at 604-683-2505 or go to https://www.backstageplay.com.Backstageplay Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Backstageplay's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Backstageplay or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Backstageplay generated a negative expected return over the last 90 days | |
| Backstageplay has some characteristics of a very speculative penny stock | |
| Backstageplay has high likelihood to experience some financial distress in the next 2 years | |
| The company 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 Backstageplay until it has trouble settling it off, either with new capital or with free cash flow. So, Backstageplay'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 Backstageplay sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Backstageplay to invest in growth at high rates of return. When we think about Backstageplay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (79.49 K) with loss before overhead, payroll, taxes, and interest of (12.15 K). | |
| Backstageplay currently holds about 108.25 K in cash with (53.44 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 38.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Closing Bell Backstageplay Inc Down On Tuesday - Barchart |
Backstageplay Largest EPS Surprises
Earnings surprises can significantly impact Backstageplay's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2006-02-22 | 2005-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2006-04-27 | 2006-03-31 | 0.1 | 0.08 | -0.02 | 20 | ||
2006-11-13 | 2006-09-30 | 0.15 | 0.12 | -0.03 | 20 |
Backstageplay Thematic Classifications
In addition to having Backstageplay stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | RecreationUSA Equities from Recreation industry as classified by Fama & French |
Backstageplay Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Backstageplay's market, we take the total number of its shares issued and multiply it by Backstageplay'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 those looking for more risk prefer small-cap and mid-cap equities.Management Efficiency
Backstageplay has return on total asset (ROA) of (0.6748) % which means that it has lost $0.6748 on every $100 spent on assets. This is way below average. Backstageplay's management efficiency ratios could be used to measure how well Backstageplay manages its routine affairs as well as how well it operates its assets and liabilities. Net Tangible Assets is likely to climb to about 145.2 K in 2024, whereas Total Assets are likely to drop slightly above 28.6 K in 2024.The analysis of Backstageplay's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Backstageplay's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Backstageplay Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta (0.18) |
Technical Drivers
As of the 17th of May 2024, Backstageplay shows the risk adjusted performance of (0.12), and Mean Deviation of 0.7265. Backstageplay 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 interpolate eleven technical drivers for Backstageplay, which can be compared to its peers. Please confirm Backstageplay risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Backstageplay is priced correctly, providing market reflects its regular price of 0.05 per share.Backstageplay Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Backstageplay middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Backstageplay. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Backstageplay Predictive Daily Indicators
Backstageplay intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Backstageplay stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Backstageplay Forecast Models
Backstageplay's time-series forecasting models are one of many Backstageplay's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Backstageplay's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Backstageplay Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Backstageplay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Backstageplay shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Backstageplay. By using and applying Backstageplay Stock analysis, traders can create a robust methodology for identifying Backstageplay entry and exit points for their positions.
Backstageplay Inc., an Internet entertainment and marketing company, engages in online gaming platform business. The company was formerly known as Oramericas Corp. and changed its name to Backstageplay Inc. in February 2016. BACKSTAGEPLAY INC operates under Electronic Gaming Multimedia classification in Canada and is traded on TSX Venture Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Backstageplay to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Backstageplay Stock analysis
When running Backstageplay's price analysis, check to measure Backstageplay'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 Backstageplay is operating at the current time. Most of Backstageplay's value examination focuses on studying past and present price action to predict the probability of Backstageplay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Backstageplay's price. Additionally, you may evaluate how the addition of Backstageplay to your portfolios can decrease your overall portfolio volatility.
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