GameOn Competitors

OTC Stocks . USA . 
Stock . GameOn Entertainment Technologies
GMETF Stock  USD 0.01  0  13.64%   
GameOn Entertainment competes with NEXON Co, Playstudios, Doubledown Interactive, Bragg Gaming, and Golden Matrix; as well as few others. The company classifies itself under Communication Services sector and is part of Electronic Gaming & Multimedia industry. Analyzing GameOn Entertainment competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of GameOn Entertainment to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out GameOn Entertainment Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of GameOn Entertainment competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GameOn Entertainment's 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.
Hype
Prediction
LowEstimatedHigh
0.000.0121.88
Details
Intrinsic
Valuation
LowRealHigh
0.000.0121.88
Details
Naive
Forecast
LowNextHigh
0.00010.0121.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
Details

GameOn Entertainment Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between GameOn Entertainment and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of GameOn and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of GameOn Entertainment does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
BRAG
+ 0.9
NEXOF
BRAG
+ 0.74
SWMIF
SWMIF
+ 0.55
NEXOF
GMGI
+ 0.5
DDI
SNAL
+ 0.28
NEXOF
GMGI
+ 0.28
MYPS
  
High negative correlations   
MYPS
- 0.85
NEXOF
BRAG
- 0.78
MYPS
GMGI
- 0.58
SWMIF
MYPS
- 0.53
SWMIF
SNAL
- 0.34
MYPS
GMGI
- 0.33
BRAG

Risk-Adjusted Indicators

There is a big difference between GameOn OTC Stock performing well and GameOn Entertainment OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze GameOn Entertainment's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NEXOF  0.45 (0.21) 0.00  31.06  0.00 
 0.00 
 0.00 
 0.00 
 16.62 
TIIDF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
SWMIF  10.24 (0.62) 0.00 (0.15) 0.00 
 0.00 
 36.00 
(31.25)
 126.17 
BLITF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MYPS  2.51  0.25  0.09  0.26  2.91 
(3.01)
 6.45 
(5.00)
 14.99 
DDI  2.59 (0.20) 0.00 (0.08) 0.00 
 0.00 
 4.46 
(4.85)
 22.06 
BRAG  2.07 (0.59) 0.00 (1.15) 0.00 
 0.00 
 4.06 
(3.40)
 35.07 
GMGI  3.78 (0.24) 0.00 (0.06) 0.00 
 0.00 
 9.16 
(7.41)
 29.74 
SNAL  7.47  1.47  0.15 (1.02) 6.71 
(10.79)
 24.66 
(12.86)
 86.41 
All Fundamental Data

GameOn Entertainment Competitive Analysis

The better you understand GameOn Entertainment competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, GameOn Entertainment's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across GameOn Entertainment's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GMETF NEXOF TIIDF SWMIF BLITF MYPS DDI BRAG GMGI SNAL
 13.64 
 0.01 
GameOn
 0.00 
 15.98 
NEXON
 0.00 
 0.04 
Tiidal
 0.00 
 0.01 
Swarmio
 0.00 
 0.0001 
BLITF
 7.82 
 1.93 
Playstudios
 4.99 
 13.32 
Doubledown
 4.06 
 3.33 
Bragg
 3.00 
 2.26 
Golden
 16.08 
 1.20 
Snail,
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Very steady
Very steady
Very steady
Unstable
Not too volatile
Moderately volatile
Very risky
Extremely Dangerous
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
OK
Very Weak
Very Weak
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Dangerous
Dangerous
Very High
Low
Very Low
Low
About Average
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Over Valued
Over Valued
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Buy
Strong Buy
Strong Buy
Strong Sell
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Buy
Not Rated
Not Rated
Strong Sell
Cautious Hold
Cautious Hold
Cautious Hold
Cautious Hold
Strong Sell
Current Ratio
0.8
8.8
0.64
0.89
0.69
7.02
3.23
0.98
5.52
N/A
Net Asset
6.17 M
986.63 B
6.1 M
3.07 M
5.91 M
366.32 M
803.34 M
103.37 M
35.58 M
90.86 M
Profit Margin
N/A
0.28
N/A
N/A
N/A
-0.0875
0.33
-0.085
0.17
-0.0213
EBITDA
(8.19 M)
145.29 B
(1.71 M)
(5.21 M)
(18.17 M)
43.36 M
136.72 M
12.36 M
4.27 K
(8.15 M)
Operating Margin
-9.63
0.29
-14.74
-9.18
-3.96
-0.0217
0.42
-0.0522
0.0032
0.12
Current Valuation
4.64 M
15.74 B
4.64 M
6.71 M
3.15 M
129.01 M
364.65 M
78.02 M
301.35 M
49.92 M
Price To Book
1.05
2.54
6.56
N/A
0.35
0.84
0.85
1.07
3.19
6.45
Retained Earnings
N/A
215.19 B
N/A
N/A
N/A
(2.64 M)
327.27 M
(76.06 M)
(25.85 M)
(13.95 M)
Current Asset
N/A
317.33 B
N/A
N/A
N/A
N/A
N/A
N/A
12 K
N/A
Beta
N/A
0.32
N/A
N/A
2.55
0.62
0.88
0.91
1.95
0.83
Number Of Employees
3
14
3
9
3
697
N/A
466
1.2 K
97
Shares Outstanding
64.73 M
864.61 M
76.24 M
110.45 M
222.44 M
108.23 M
49.55 M
25.01 M
128.9 M
8.21 M
Cash Flow From Operations
(5.4 M)
105.91 B
(430.31 K)
(6.77 M)
(5.51 M)
51.72 M
20.83 M
11.74 M
2.21 M
465.87 K
Annual Yield
N/A
0.0033
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
40.69 K
16.31 B
326.73 K
1.28 M
662 K
9.94 M
46.35 M
3.28 M
59.09 K
14.87 M
Return On Equity
-1.1
0.12
-5.22
N/A
-2.05
-0.0921
0.15
-0.11
-0.0209
-0.46
Z Score
27.9
0.6
12.6
-0.3
-7.5
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.38
0.0639
-0.88
-4.89
-0.66
-0.0119
0.11
-0.0226
0.0014
-0.0133
Book Value Per Share
0.054
992.75
0.019
-0.028
0.051
2.12
16.46
3.05
1.51
0.23
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
384.37 K
105.57 K
155.44 K
949.39 K
157.1 K
Current Liabilities
N/A
27.91 B
N/A
N/A
N/A
N/A
N/A
N/A
3.99 M
N/A
Total Asset
6.17 M
986.63 B
6.1 M
3.07 M
5.91 M
366.32 M
803.34 M
103.37 M
35.58 M
90.86 M
Debt To Equity
0.6
0.018
0.16
0.97
0.048
N/A
0.053
0.01
0.006
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
1.63
1.6
2.7
15.81
0.2
Target Price
N/A
N/A
N/A
N/A
N/A
3.5
21.75
6.42
4.0
4.0
Shares Owned By Institutions
N/A
28.12
0.86
N/A
N/A
38.55
29.25
5.17
2.46
1.49
Market Capitalization
2.12 M
20.18 B
6.86 M
7.15 M
3.27 M
223.18 M
660.05 M
83.56 M
300.34 M
52.84 M
Price To Earning
N/A
33.47
N/A
N/A
N/A
N/A
5.24
N/A
95.77
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
7.0
N/A
N/A
N/A
N/A
Price To Sales
6.32
0.0585
17.68
26.44
1.3
0.75
1.93
0.88
3.43
0.72
Net Income
(9.07 M)
114.89 B
(1.95 M)
(6.58 M)
(31.18 M)
(19.39 M)
101.66 M
(3.84 M)
(1.17 M)
(9.09 M)
Earnings Per Share
N/A
1.12
-0.071
N/A
-0.056
-0.2
2.31
-0.23
-0.02
0.08
Shares Owned By Insiders
33.07
50.21
57.31
26.33
11.42
18.94
0.57
27.21
85.17
4.71
Revenue
12.66 K
274.46 B
429.4 K
596.23 K
364.7 K
310.89 M
308.86 M
93.52 M
44.17 M
60.9 M
Working Capital
N/A
289.42 B
N/A
N/A
N/A
128.86 M
247.25 M
1.19 M
18.37 M
(8.95 M)
Cash And Equivalents
4.72 K
543.48 B
146.88 K
233.61 K
827.21 K
220.64 M
284.43 M
11.1 M
15.87 M
N/A
Cash Per Share
N/A
627.98
N/A
N/A
N/A
1.71
5.74
0.53
0.56
N/A
Gross Profit
12.66 K
247.94 B
187.95 K
(6.11 M)
308.24 K
204.91 M
211.72 M
45.08 M
9.16 M
43.05 M
Day Typical Price
0.0079
15.98
0.0362
0.0067
1.0E-4
1.86
13.53
3.3
2.28
1.29
Accumulation Distribution
0.0952
N/A
N/A
N/A
N/A
0.12
0.0728
0.0619
0.0343
0.22
Market Facilitation Index
8.0E-4
N/A
N/A
N/A
N/A
0.24
1.03
0.21
0.08
0.33
Daily Balance Of Power
(1.50)
0.0
0.0
0.0
0.0
0.5833
(0.68)
0.619
(0.88)
(0.70)
Period Momentum Indicator
(0)
N/A
N/A
N/A
N/A
0.14
(0.70)
0.13
(0.07)
(0.23)
Rate Of Daily Change
0.86
1.0
1.0
1.0
1.0
1.08
0.95
1.04
0.97
0.84
Day Median Price
0.008
15.98
0.0362
0.0067
1.0E-4
1.83
13.64
3.29
2.29
1.34
Price Action Indicator
(0)
N/A
N/A
N/A
N/A
0.17
(0.66)
0.11
(0.07)
(0.25)
Relative Strength Index
32.99
1.76
N/A
34.82
N/A
54.98
46.69
26.0
57.87
33.15
Coefficient Of Variation
(3,062)
(910.28)
N/A
(5,899)
N/A
803.63
(4,540)
(785.87)
(6,673)
1010.45
Mean Deviation
12.95
0.4484
N/A
10.24
N/A
2.51
2.59
2.07
3.78
7.47
Jensen Alpha
(1.28)
(0.21)
N/A
(0.62)
N/A
0.2456
(0.20)
(0.59)
(0.24)
1.47
Total Risk Alpha
(3.66)
(0.47)
N/A
(3.24)
N/A
(0.05)
(0.55)
(1.11)
(0.78)
(0.50)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
0.0906
N/A
N/A
N/A
0.149
Downside Variance
N/A
N/A
N/A
N/A
N/A
11.28
N/A
N/A
N/A
67.73
Standard Deviation
21.73
1.86
N/A
21.21
N/A
3.36
3.46
4.18
5.11
13.54
Kurtosis
6.34
64.42
N/A
5.45
N/A
0.5609
1.84
31.34
1.66
10.36
Potential Upside
28.05
N/A
N/A
36.0
N/A
6.45
4.46
4.06
9.16
24.66
Treynor Ratio
(0.13)
31.06
N/A
(0.15)
N/A
0.2598
(0.08)
(1.15)
(0.06)
(1.02)
Maximum Drawdown
122.26
16.62
N/A
126.17
N/A
14.99
22.06
35.07
29.74
86.41
Variance
472.03
3.46
N/A
450.02
N/A
11.27
11.95
17.47
26.07
183.32
Market Risk Adjusted Performance
(0.12)
31.07
N/A
(0.14)
N/A
0.2698
(0.07)
(1.14)
(0.05)
(1.01)
Risk Adjusted Performance
(0.02)
(0.08)
N/A
(0)
N/A
0.1027
(0.01)
(0.09)
(0)
0.0849
Skewness
1.67
(7.97)
N/A
(0.31)
N/A
0.0406
0.3078
(4.51)
(0.15)
2.79
Semi Deviation
N/A
N/A
N/A
N/A
N/A
2.91
N/A
N/A
N/A
6.71
Information Ratio
(0.04)
(0.17)
N/A
(0.02)
N/A
0.0907
(0.05)
(0.15)
(0.04)
0.0906
Value At Risk
(30.95)
N/A
N/A
(31.25)
N/A
(5.00)
(4.85)
(3.40)
(7.41)
(12.86)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
(3.01)
N/A
N/A
N/A
(10.79)
Downside Deviation
N/A
N/A
N/A
N/A
N/A
3.36
N/A
N/A
N/A
8.23
Semi Variance
N/A
N/A
N/A
N/A
N/A
8.46
N/A
N/A
N/A
44.97

GameOn Entertainment Competition Performance Charts

Five steps to successful analysis of GameOn Entertainment Competition

GameOn Entertainment's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by GameOn Entertainment in relation to its competition. GameOn Entertainment's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of GameOn Entertainment in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact GameOn Entertainment's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to GameOn Entertainment, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in GameOn OTC Stock

GameOn Entertainment financial ratios help investors to determine whether GameOn OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GameOn with respect to the benefits of owning GameOn Entertainment security.
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