Nextplay Technologies Inc Down 8.73 percent in Premarket Trading - InvestorsObserver

NXTPDelisted Stock  USD 1.10  0.09  7.56%   
Slightly above 61% of Nextplay Technologies' investor base is looking to short. The current sentiment of investing in Nextplay Technologies suggests that many traders are alarmed. Nextplay Technologies' investing sentiment overview a quick insight into current market opportunities from investing in Nextplay Technologies. Many technical investors use Nextplay Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Nextplay Technologies Inc Down 8.73 percent in Premarket Trading InvestorsObserver

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Nextplay Technologies Fundamental Analysis

We analyze Nextplay Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextplay Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextplay Technologies based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.

Target Price

Target Price Comparative Analysis

Nextplay Technologies is currently under evaluation in target price category among its peers.

Nextplay Technologies Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nextplay Technologies otc stock to make a market-neutral strategy. Peer analysis of Nextplay Technologies could also be used in its relative valuation, which is a method of valuing Nextplay Technologies by comparing valuation metrics with similar companies.

Peers

Nextplay Technologies Related Equities

ZENVZenvia   3.03   
0%
51.0%
ALARAlarum Technologies   2.79   
0%
47.0%
PRTHPriority Technology   1.44   
0%
24.0%
GBGlobal Blue   1.00   
0%
17.0%
BLINBridgeline Digital   0.76   
0%
12.0%
AUIDAuthID   0.82   
13.0%
0%
CISOCerberus Cyber   1.84   
31.0%
0%
CINTCiT   2.63   
44.0%
0%
DTSSDatasea   2.65   
45.0%
0%
CETXCemtrex   4.72   
80.0%
0%
TAOPTaoping   5.88   
100.0%
0%
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 also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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