Esports Entertainment Group Preferred Stock Operating Margin
| GMBLPDelisted Preferred Stock | USD 5.90 0.12 1.99% |
Esports Entertainment Group fundamentals help investors to digest information that contributes to Esports Entertainment's financial success or failures. It also enables traders to predict the movement of Esports Pink Sheet. The fundamental analysis module provides a way to measure Esports Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Esports Entertainment pink sheet.
Esports |
Esports Entertainment Group Company Operating Margin Analysis
Esports Entertainment's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Esports Entertainment Operating Margin | (0.78) % |
Most of Esports Entertainment's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Esports Entertainment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Esports Entertainment Group has an Operating Margin of -0.7772%. This is 112.14% lower than that of the Consumer Cyclical sector and 89.25% lower than that of the Gambling industry. The operating margin for all United States preferred stocks is 85.89% lower than that of the firm.
Esports Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Esports Entertainment's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Esports Entertainment could also be used in its relative valuation, which is a method of valuing Esports Entertainment by comparing valuation metrics of similar companies.Esports Entertainment is currently under evaluation in operating margin category among its peers.
Esports Fundamentals
| Return On Equity | -3.23 | ||||
| Return On Asset | -0.27 | ||||
| Profit Margin | (2.05) % | ||||
| Operating Margin | (0.78) % | ||||
| Shares Owned By Institutions | 0.33 % | ||||
| Number Of Shares Shorted | 24.5 K | ||||
| Revenue | 58.35 M | ||||
| Gross Profit | 34.19 M | ||||
| EBITDA | 115.03 M | ||||
| Net Income | (102.23 M) | ||||
| Cash And Equivalents | 2.98 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 33.28 M | ||||
| Current Ratio | 0.16 X | ||||
| Book Value Per Share | (0.23) X | ||||
| Cash Flow From Operations | (21.01 M) | ||||
| Short Ratio | 1.80 X | ||||
| Earnings Per Share | (4.34) X | ||||
| Beta | 1.47 | ||||
| Total Asset | 64.86 M | ||||
| Z Score | 3.3 | ||||
| Annual Yield | 0.17 % | ||||
| Net Asset | 64.86 M |
About Esports Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Esports Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Esports Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Esports Entertainment Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Esports Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Esports Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Esports Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Esports Pink Sheet
Moving against Esports Pink Sheet
| 0.91 | GMBL | Esports Entertainment | PairCorr |
| 0.85 | EBET | Ebet Inc | PairCorr |
| 0.84 | BRAG | Bragg Gaming Group | PairCorr |
| 0.83 | LTRY | Lottery, Common Stock | PairCorr |
| 0.69 | GMBLZ | Esports Entertainment | PairCorr |
The ability to find closely correlated positions to Esports Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Esports Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Esports Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Esports Entertainment Group to buy it.
The correlation of Esports Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Esports Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esports Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Esports Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Esports Pink Sheet
If you are still planning to invest in Esports Entertainment 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 Esports Entertainment's history and understand the potential risks before investing.
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