Nextplay Competitors

Delisted . USA . 
Stock . Nextplay Technologies
NXTPDelisted Stock  USD 1.10  0.09  7.56%   
Nextplay Technologies competes with Datasea, AuthID, Priority Technology, Cerberus Cyber, and Cemtrex; as well as few others. The company conducts business under Media sector and is part of Communication Services industry. Analyzing Nextplay Technologies 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 Nextplay Technologies to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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 Nextplay Technologies 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 Nextplay Technologies' 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
1.101.101.10
Details
Intrinsic
Valuation
LowRealHigh
1.011.011.21
Details

Nextplay Technologies Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nextplay Technologies 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 Nextplay 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 Nextplay Technologies does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CISO
+ 0.75
PRTH
GB
+ 0.58
PRTH
BLIN
+ 0.58
CISO
TAOP
+ 0.58
CETX
GB
+ 0.55
CISO
BLIN
+ 0.4
PRTH
  
High negative correlations   
CETX
- 0.65
CISO
TAOP
- 0.63
CISO
CISO
- 0.63
AUID
TAOP
- 0.62
PRTH
PRTH
- 0.62
AUID
GB
- 0.55
TAOP

Risk-Adjusted Indicators

There is a big difference between Nextplay OTC Stock performing well and Nextplay Technologies 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 Nextplay Technologies' 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
DTSS  4.66  0.28  0.03  1.41  7.55 
(4.97)
 9.92 
(9.20)
 61.49 
AUID  3.89 (0.35) 0.00 (0.27) 0.00 
 0.00 
 9.44 
(9.87)
 29.49 
PRTH  4.23  0.46  0.16  0.25  3.57 
(5.31)
 11.79 
(5.65)
 25.49 
DROP  14.39  2.14  0.13  0.68  11.93 
(30.36)
 36.54 
(23.08)
 172.55 
CISO  6.36  2.25  0.33  2.95  5.26 
(8.11)
 16.36 
(10.00)
 54.94 
CETX  8.83 (5.40) 0.00  4.46  0.00 
 0.00 
 9.98 
(33.92)
 75.61 
TAOP  4.41 (0.57) 0.00 (0.31) 0.00 
 0.00 
 12.07 
(8.97)
 43.52 
TONR  10.34  1.12  0.03  0.88  12.33 
(50.00)
 50.00 
(33.33)
 83.33 
GB  2.26  0.10  0.00 (0.57) 3.07 
(2.36)
 4.44 
(5.13)
 22.78 
BLIN  2.21  0.41  0.10 (0.66) 2.20 
(2.98)
 5.50 
(4.17)
 21.59 
All Fundamental Data

Nextplay Technologies Competitive Analysis

The better you understand Nextplay Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nextplay Technologies' 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 Nextplay Technologies' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NXTP DTSS AUID PRTH DROP CISO CETX TAOP TONR GB
 7.56 
 1.10 
Nextplay
 2.65 
 2.20 
Datasea
 6.10 
 6.09 
AuthID
 0.77 
 9.05 
Priority
 9.09 
 0.01 
Fuse
 1.84 
 1.60 
Cerberus
 3.99 
 3.39 
Cemtrex
 5.88 
 0.32 
Taoping
 33.33 
 0.0002 
TonnerOne
 0.66 
 6.02 
Global
Market Volatility
(90 Days Market Risk)
Very steady
Dangerous
Unstable
Moderately volatile
Out of control
Abnormally volatile
Very risky
Out of control
Out of control
Slightly risky
Market Performance
(90 Days Performance)
Very Weak
Weak
Very Weak
Good
OK
Solid
Very Weak
Very Weak
Insignificant
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Very High
Average
About Average
Below Average
Quite High
Above Average
Very High
Very High
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Strong Buy
Not Available
Strong Buy
Strong Buy
Not Available
Not Available
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Sell
Cautious Hold
Hold
Cautious Hold
Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
1.13
0.59
3.9
1.04
0.15
0.96
1.21
0.76
N/A
1.62
Net Asset
99.75 M
3.29 M
15.41 M
1.62 B
118.45 K
51.66 M
48.45 M
32.83 M
124.06 K
1.09 B
Profit Margin
N/A
-0.47
N/A
0.0196
N/A
-0.56
-0.2
0.0399
11.13
0.0664
EBITDA
(15.07 M)
(11.63 M)
(18.25 M)
150 M
(26.29 M)
(74.41 M)
(8.74 K)
3.35 M
(2.45 M)
145.16 M
Operating Margin
-4.12
-1.23
-14.11
0.17
N/A
-0.54
-0.22
-0.0069
-2.57
0.25
Current Valuation
11.15 M
16.03 M
55.03 M
1.58 B
136 K
31.04 M
18.28 M
9.94 M
3.63 M
1.69 B
Price To Book
0.0701
3.8
4.26
N/A
N/A
6.22
54.45
0.13
N/A
12.18
Retained Earnings
(39.17 M)
(39.44 M)
(159.53 M)
(134.95 M)
(76.99 M)
(158.02 M)
(64.13 M)
(208.75 M)
(25.14 M)
(869.33 M)
Current Asset
N/A
336 K
N/A
N/A
134 K
N/A
36.93 M
N/A
9 K
574.6 M
Beta
2.51
0.62
2.56
1.01
0.76
1.62
1.95
0.69
83.95
0.42
Number Of Employees
250
36
22
974
3
397
328
56
2
1.94 K
Shares Outstanding
5.97 M
7.09 M
10.92 M
77.2 M
80 M
11.82 M
731.05 K
6.63 M
506.12 M
199.58 M
Cash Flow From Operations
(22.03 M)
(6.4 M)
(8.37 M)
81.26 M
(1.52 M)
(5.92 M)
(2.23 M)
(2.33 M)
(1.7 M)
120.07 M
Total Debt
13.17 M
1.22 M
224.42 K
638.68 M
N/A
14.31 M
26.75 M
9 M
N/A
612.44 M
Return On Equity
-0.56
-13.66
-1.13
0.56
N/A
-2.24
-3.19
0.17
N/A
0.7
Return On Asset
-0.13
-2.51
-0.63
0.0474
-38.54
-0.28
-0.0726
0.0271
-4.31
0.0604
Number Of Shares Shorted
65.47 K
66.68 K
298.38 K
743.71 K
N/A
65.45 K
176.55 K
75.53 K
N/A
105.73 K
Book Value Per Share
6.92
-0.066
1.43
-2.15
-0.14
1.35
0.71
2.39
-0.026
0.36
Current Liabilities
N/A
450 K
N/A
N/A
1.16 M
N/A
25.15 M
N/A
12.45 M
213.84 M
Total Asset
99.75 M
3.29 M
15.41 M
1.62 B
118.45 K
51.66 M
48.45 M
32.83 M
124.06 K
1.09 B
Debt To Equity
0.13
0.36
1.07
4.35
0.7
0.2
1.25
0.48
N/A
N/A
Short Ratio
1.87
0.32
9.31
3.34
N/A
1.45
0.63
0.11
N/A
2.19
Target Price
100.0
1.5
N/A
13.5
N/A
1.0
11.0
7.0
N/A
5.99
Shares Owned By Institutions
4.67
0.044
10.03
12.82
N/A
2.1
0.022
1.82
N/A
78.62
Market Capitalization
298.51 K
15.59 M
66.51 M
698.64 M
864 K
18.92 M
2.47 M
2.12 M
101.22 K
1.1 B
Price To Earning
N/A
-300.0
N/A
14.24
-0.01
N/A
7.87
1.6
0.04
31.74
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.51
N/A
N/A
Price To Sales
0.3
0.65
87.67
0.82
22.46
0.34
0.0379
0.0497
0.16
2.7
Net Income
(37.97 M)
(12.21 M)
(19.4 M)
(1.31 M)
(25.03 M)
(80.23 M)
(9.23 M)
(697.94 K)
(13.27 M)
47.53 M
Earnings Per Share
-7.05
-4.75
-1.11
-0.42
-0.31
-3.38
-1700.34
1.1
0.07
0.13
Shares Owned By Insiders
61.11
36.38
18.77
75.3
N/A
51.24
0.01
9.45
10.03
16.92
Revenue
8.2 M
23.98 M
190.29 K
755.61 M
4.27 K
57.06 M
59.37 M
38.64 M
898.44 K
422.3 M
Working Capital
6.26 M
(952.09 K)
9.24 M
29.23 M
(1.02 M)
(15.11 M)
1.95 M
5.19 M
(12.44 M)
(8.04 M)
Cash And Equivalents
3.03 M
164.22 K
9.98 M
22.16 M
115.75 K
8.77 M
11.72 M
753.72 K
2.66 K
112.02 M
Cash Per Share
0.03
0.01
0.4
0.29
N/A
0.06
0.44
0.05
N/A
1.19
Gross Profit
5.86 M
340.93 K
1.63 M
155.02 M
(975.95 K)
1.81 M
19.06 M
9.04 M
(20.77 K)
14.14 M
Day Typical Price
1.13
2.23
5.98
9.07
0.0048
1.62
3.33
0.33
2.0E-4
6.0
Accumulation Distribution
0.11
0.0687
0.0717
0.0368
0.14
0.12
0.11
0.0857
0.5
0.0231
Market Facilitation Index
0.14
0.16
0.44
0.34
7.0E-4
0.2
0.39
0.03
1.0E-4
0.14
Daily Balance Of Power
(0.64)
(0.38)
0.7955
(0.21)
(0.71)
(0.15)
0.3333
(0.67)
(1.00)
(0.29)
Period Momentum Indicator
(0.09)
(0.06)
0.35
(0.07)
(0.0005)
(0.03)
0.13
(0.02)
(0.0001)
(0.04)
Rate Of Daily Change
0.92
0.97
1.06
0.99
0.91
0.98
1.04
0.94
0.67
0.99
Day Median Price
1.15
2.25
5.92
9.08
0.0046
1.63
3.3
0.34
1.0E-4
5.99
Price Action Indicator
(0.1)
(0.08)
0.34
(0.07)
1.0E-4
(0.04)
0.16
(0.03)
N/A
0.01
Coefficient Of Variation
(1,112)
2413.06
(2,223)
768.42
1038.99
397.57
(242.21)
(1,566)
1592.62
3236.4
Mean Deviation
4.97
4.66
3.89
4.23
14.39
6.36
8.83
4.41
10.34
2.26
Jensen Alpha
(0.60)
0.2824
(0.35)
0.4583
2.14
2.25
(5.40)
(0.57)
1.12
0.1018
Total Risk Alpha
(1.42)
(0.63)
(0.96)
0.0224
(0.73)
1.17
(7.17)
(1.28)
(1.25)
(0.31)
Sortino Ratio
N/A
0.027
N/A
0.1551
0.1338
0.3255
N/A
N/A
0.0326
(0.0006)
Downside Variance
N/A
61.2
N/A
15.94
314.24
46.95
N/A
N/A
1269.84
10.51
Standard Deviation
6.58
7.52
5.61
5.53
25.68
9.27
13.33
6.75
20.11
3.17
Kurtosis
1.05
7.81
2.69
1.27
12.35
3.9
2.94
5.86
2.11
3.79
Potential Upside
8.74
9.92
9.44
11.79
36.54
16.36
9.98
12.07
50.0
4.44
Treynor Ratio
(401.07)
1.41
(0.27)
0.2548
0.6823
2.95
4.46
(0.31)
0.8841
(0.57)
Maximum Drawdown
28.18
61.49
29.49
25.49
172.55
54.94
75.61
43.52
83.33
22.78
Variance
43.29
56.55
31.45
30.54
659.26
85.86
177.75
45.61
404.36
10.06
Market Risk Adjusted Performance
(401.06)
1.42
(0.26)
0.2648
0.6923
2.96
4.47
(0.30)
0.8941
(0.56)
Risk Adjusted Performance
(0.06)
0.0391
(0.02)
0.103
0.0795
0.1916
(0.29)
(0.04)
0.0552
0.0301
Skewness
(0.12)
(0.36)
0.9788
1.06
2.96
1.3
(0.90)
1.68
0.9346
0.2294
Semi Deviation
N/A
7.55
N/A
3.57
11.93
5.26
N/A
N/A
12.33
3.07
Information Ratio
(0.11)
0.0281
(0.06)
0.112
0.0923
0.2407
(0.42)
(0.08)
0.0578
(0.0007)
Value At Risk
(10.00)
(9.20)
(9.87)
(5.65)
(23.08)
(10.00)
(33.92)
(8.97)
(33.33)
(5.13)
Expected Short fall
N/A
(4.97)
N/A
(5.31)
(30.36)
(8.11)
N/A
N/A
(50.00)
(2.36)
Downside Deviation
N/A
7.82
N/A
3.99
17.73
6.85
N/A
N/A
35.63
3.24
Semi Variance
N/A
57.05
N/A
12.76
142.21
27.62
N/A
N/A
151.97
9.42

Nextplay Technologies Competition Performance Charts

Five steps to successful analysis of Nextplay Technologies Competition

Nextplay Technologies' 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 Nextplay Technologies in relation to its competition. Nextplay Technologies' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nextplay Technologies 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 Nextplay Technologies' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nextplay Technologies, 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.

Complement your Nextplay Technologies position

In addition to having Nextplay Technologies in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Large Growth Funds Theme
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Other Consideration for investing in Nextplay OTC Stock

If you are still planning to invest in Nextplay Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextplay Technologies' history and understand the potential risks before investing.
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