Golden Matrix Group Stock Performance
| GMGI Stock | USD 2.26 0.07 3.00% |
The company retains a Market Volatility (i.e., Beta) of 1.49, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Golden Matrix will likely underperform. Golden Matrix Group right now retains a risk of 5.1%. Please check out Golden Matrix kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Golden Matrix will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Golden Matrix Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong technical and fundamental indicators, Golden Matrix is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
Actual Historical Performance (%)
One Day Return (3.00) | Five Day Return (3.83) | Year To Date Return (6.22) | Ten Year Return (100.00) | All Time Return (100.00) |
Last Split Factor 1:150 | Dividend Date 2020-06-26 | Last Split Date 2020-06-26 |
1 | Doubling down on Golden Matrix in November | 10/03/2024 |
2 | Acquisition by Milovanovic Aleksandar of 9059 shares of Golden Matrix at 2.3 subject to Rule 16b-3 | 10/29/2024 |
3 | Acquisition by Milovanovic Aleksandar of 25000 shares of Golden Matrix at 2.45 subject to Rule 16b-3 | 10/30/2024 |
4 | Golden Matrix Group sees significant stock purchase by major shareholder | 10/31/2024 |
5 | Meridianbet Launches AI-Powered Im Feeling Lucky Online Casino Feature, Setting New iGaming Industry Standard | 11/01/2024 |
6 | Golden Matrix Group insider buys 121,500 in common stock | 11/04/2024 |
7 | With 85 percent ownership, Golden Matrix Group, Inc. insiders have a lot riding on the companys future | 11/06/2024 |
8 | Golden Matrix Group sees 125,362 in stock purchases by 10 percent owner | 11/08/2024 |
9 | Golden Matrix Group, Inc. Q3 2024 Earnings Call Transcript | 11/13/2024 |
10 | Meridianbet Redefines Sports Sponsorship with Europes First Emblem Integration Deal with BC Crvena Zvezda | 11/21/2024 |
11 | Golden Matrix Group director Thomas McChesney sells shares worth 27,250 | 11/22/2024 |
12 | Golden Matrix enters 20M equity distribution deal | 11/25/2024 |
13 | A Closer Look At Golden Matrix Group, Inc.s Impressive ROE | 12/03/2024 |
| Begin Period Cash Flow | 14.9 M |
Golden |
Golden Matrix Relative Risk vs. Return Landscape
If you would invest 240.00 in Golden Matrix Group on September 5, 2024 and sell it today you would lose (14.00) from holding Golden Matrix Group or give up 5.83% of portfolio value over 90 days. Golden Matrix Group is currently generating 0.0356% in daily expected returns and assumes 5.0986% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Golden, 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 |
Golden Matrix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Matrix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Golden Matrix Group, and traders can use it to determine the average amount a Golden Matrix'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 = 0.007
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMGI |
Estimated Market Risk
| 5.1 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Matrix is not performing at its full potential. However, 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 Golden Matrix by adding Golden Matrix to a well-diversified portfolio.
Golden Matrix Fundamentals Growth
Golden Stock prices reflect investors' perceptions of the future prospects and financial health of Golden Matrix, and Golden Matrix 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 Golden Stock performance.
| Return On Equity | -0.0209 | ||||
| Return On Asset | 0.0014 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 301.35 M | ||||
| Shares Outstanding | 128.9 M | ||||
| Price To Earning | 95.77 X | ||||
| Price To Book | 3.19 X | ||||
| Price To Sales | 3.43 X | ||||
| Revenue | 44.17 M | ||||
| Gross Profit | 9.16 M | ||||
| EBITDA | 4.27 K | ||||
| Net Income | (1.17 M) | ||||
| Cash And Equivalents | 15.87 M | ||||
| Cash Per Share | 0.56 X | ||||
| Total Debt | 59.09 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.52 X | ||||
| Book Value Per Share | 1.51 X | ||||
| Cash Flow From Operations | 2.21 M | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 300.34 M | ||||
| Total Asset | 35.58 M | ||||
| Retained Earnings | (25.85 M) | ||||
| Working Capital | 18.37 M | ||||
| Current Asset | 12 K | ||||
| Current Liabilities | 3.99 M | ||||
About Golden Matrix Performance
By evaluating Golden Matrix's fundamental ratios, stakeholders can gain valuable insights into Golden Matrix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Golden Matrix has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Golden Matrix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 16.42 | 17.24 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.04) | (0.04) |
Things to note about Golden Matrix Group performance evaluation
Checking the ongoing alerts about Golden Matrix for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Golden Matrix Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Matrix Group had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 44.17 M. Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 9.16 M. | |
| Golden Matrix Group has a frail financial position based on the latest SEC disclosures | |
| About 85.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: A Closer Look At Golden Matrix Group, Inc.s Impressive ROE |
- Analyzing Golden Matrix'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 Golden Matrix's stock is overvalued or undervalued compared to its peers.
- Examining Golden Matrix'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 Golden Matrix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Matrix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Golden Matrix's stock. These opinions can provide insight into Golden Matrix's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Golden Stock analysis
When running Golden Matrix's price analysis, check to measure Golden Matrix'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 Golden Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
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