Jackpot Digital Stock Today
| JPOTF Stock | USD 0.04 0.0001 0.25% |
Performance0 of 100
| Odds Of DistressOver 85
|
Jackpot Digital is trading at 0.0399 as of the 19th of April 2024. This is a -0.25% down since the beginning of the trading day. The stock's lowest day price was 0.0399. 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 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
Jackpot Digital Inc. develops, markets, and leases 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 131.96 M outstanding shares. More on Jackpot Digital
Moving against Jackpot OTC Stock
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Follow Valuation Odds of Bankruptcy
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Jackpot 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. 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.
| President CEO, Director | Jacob Kalpakian |
| Thematic Idea | Gambling (View all Themes) |
| Business Concentration | Gambling, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors) |
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 a current market capitalization of 6.53 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 those looking for more risk prefer small-cap and mid-cap equities. Jackpot Digital classifies itself under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 131.96 M outstanding shares.
Jackpot Digital has accumulated about 161.72 K in cash with (2.88 M) of positive cash flow from operations.
Check Jackpot Digital Probability Of Bankruptcy
Ownership AllocationJackpot Digital secures a total of 131.96 Million outstanding shares. Roughly 84.0 (percent) of Jackpot Digital outstanding shares are held by general public with 1.75 % owned by insiders and only 14.34 pct. by outside corporations. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Jackpot Ownership Details
Jackpot Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Jackpot Digital jumping above the current price in 90 days from now is about 98.0%. 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 -0.9157. This indicates Additionally, jackpot Digital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Jackpot Digital to move above the current price in 90 days from now is about 98.0 (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.
| Mean Deviation | 3.39 | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.61 | |||
| Risk Adjusted Performance | (0.01) |
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. Please also check how Jackpot Digital's historical prices are related to one of the top price index indicators.
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 the 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.Did you try this?
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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 | Director | Profile | |
| Howard Blank | Director | Profile | |
| Neil Spellman | Independent Director | Profile | |
| Gregory McFarlane | Independent Director | Profile |
How to buy Jackpot OTC Stock?
Before investing in Jackpot Digital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Jackpot Digital. To buy Jackpot Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jackpot Digital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Jackpot Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Jackpot Digital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Jackpot Digital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Jackpot Digital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Jackpot Digital?
The danger of trading Jackpot Digital is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jackpot Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jackpot Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jackpot Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jackpot Digital. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Jackpot OTC Stock analysis
When running Jackpot Digital's 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 the 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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