Motorsport Gaming holds a performance score of 2 on a scale of 0 to 100. The company has a Beta (Market Risk) of 1.2941, indicating a somewhat significant risk relative to the market. This suggests that if the market rises, the company is expected to outperform it. However, if the market yields negative returns, Motorsport Gaming is likely to underperform.
While it's crucial to monitor Motorsport Gaming's price patterns, it's also wise to be conservative about the potential implications of the company's historical equity price patterns. Our primary approach to predicting the future performance of any stock involves a comprehensive evaluation of the business, its past performance, and all available fundamental and technical indicators.
By examining Motorsport Gaming's technical indicators, you can currently assess whether the expected return of 0.41% will be sustainable in the future. Please consider Motorsport Gaming's potential upside, as well as the relationship between the kurtosis and the typical daily price, to make a swift decision on whether Motorsport Gaming's current price movements will revert.
Detailed assessment
Despite the recent market downturn, Motorsport Gaming US has shown remarkable resilience, outperforming many of its peers in the Electronic Gaming & Multimedia industry. The company's stock has seen a significant
43.86% price percent change, with a last quoted price of $6.33, demonstrating strong momentum. The firm's high trading volume of
9.8M shares further underscores the high investor interest. Despite a maximum drawdown of 24.36, the company's Treynor Ratio of 0.338 indicates a favorable risk-reward trade-off. However, investors should be aware of the company's high Coefficient of Variation at
2.9K and a downside deviation of 6.8, suggesting potential volatility.
The successful prediction of Motorsport Gaming
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Motorsport Gaming Us, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Motorsport Gaming based on Motorsport Gaming hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Motorsport Gaming's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Motorsport Gaming's related companies.
Watch out for price decline
Please consider monitoring Motorsport Gaming on a daily basis if you are holding a position in it. Motorsport Gaming is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Motorsport Gaming stock to be traded above the $1 level to remain listed. If Motorsport Gaming stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Use Technical Analysis to project Motorsport expected Price
Motorsport Gaming technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Motorsport Gaming technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Motorsport Gaming trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Motorsport Gaming Gross Profit
Motorsport Gaming Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Motorsport Gaming previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Motorsport Gaming Gross Profit growth over the last 10 years. Please check Motorsport Gaming's
gross profit and other
fundamental indicators for more details.
What is driving Motorsport Gaming Investor Appetite?
Motorsport Gaming reported the previous year's revenue of 10.32
M. Net Loss for the year was (36.84
M) with profit before overhead, payroll, taxes, and interest of 7.55
M.
Cost of Revenue Breakdown
Motorsport Gaming Cost of Revenue yearly trend continues to be very stable with very little volatility. Cost of Revenue is likely to grow to about 6.1
M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used. Motorsport Gaming Cost of Revenue is very stable at the moment as compared to the past year. Motorsport Gaming reported last year Cost of Revenue of 4.96 Million
| 2010 | 4.89 Million |
| 2020 | 6.6 Million |
| 2021 | 7.53 Million |
| 2022 | 4.96 Million |
| 2023 | 6.08 Million |
Despite the current market downturn, Motorsport Gaming US has demonstrated an impressive performance, with a daily typical price of $6.1 and a target price of $7.25, suggesting strong momentum. Motorsport Gaming, a key player in the Electronic Gaming & Multimedia industry, boasts a total asset base of **$18.9 million** and revenue of **$10.32 million**. The company's risk management is evident in its Sortino Ratio of 0.0579 and Treynor Ratio of 0.338. Furthermore, the firm's financial stability is underscored by a low debt-to-equity ratio of 0.10%, indicating the company's efficient use of shareholders' funds. Motorsport Gaming's market capitalization stands at $12.42 million, with 2.7 million shares outstanding, and a notably low number of shares shorted at 10.4K. The company also displays a healthy current ratio of 1.60X, suggesting a robust ability to meet its short-term liabilities. However, with a probability of bankruptcy at a high 96.00%, and a negative return on asset and equity at -0.55 and -1.56 respectively, potential investors must tread carefully. Despite these risks, Motorsport Gaming's performance and potential upside of 6.99, make it a stock to watch in the current market landscape.
Our perspective of the recent Motorsport Gaming roll up
The recent Jensen Alpha of 0.38 for Motorsport Gaming US stock indicates a noteworthy risk-adjusted performance, exceeding market expectations. This alpha suggests that the company's strategic initiatives and operational efficiencies are yielding returns that compensate for the risk undertaken, surpassing the anticipated returns based on the capital asset pricing model. This positive alpha implies that Motorsport Gaming's stock is currently undervalued, offering a potentially profitable investment opportunity for savvy traders looking to capitalize on the company's ongoing growth and outperformance. Motorsport Gaming US is exhibiting above-average volatility over the chosen time horizon. Investors should examine Motorsport Gaming US independently to ensure that their intended
market timing strategies align with their expectations about Motorsport Gaming's volatility. Understanding varying
market volatility trends often assists investors in timing the market. Correctly utilizing volatility indicators allows traders to gauge Motorsport Gaming's stock risk against market volatility during both bullish and bearish trends. The increased level of volatility that accompanies bear markets can directly affect
Motorsport Gaming's stock price, adding stress to investors as they watch the value of their shares plummet.
This typically compels investors to rebalance their portfolios by purchasing different stocks as prices decline. In light of today's performance, Motorsport Gaming US stock appears to be a strong contender for investors seeking to diversify their portfolio. Despite a modest market decline, the company's stock has shown significant advancement. The valuation hype value stands at a robust
6.18, and the valuation market value is at a solid
6.33. However, it's important to note that the valuation real value is slightly lower at 4.67. The analyst overall consensus recommends a 'Hold' with only one analyst suggesting a 'Hold' position. As we approach the fiscal year end in December, investors should keep a close eye on this stock's performance. .
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Motorsport Gaming Us. Please refer to our
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