NextPlay Technologies Stock Price Down 5.3 percent - Defense World

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 Stock Price Down 5.3 Defense World

Read at news.google.com
Google News at Macroaxis
  

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.

Retained Earnings

Retained Earnings Comparative Analysis

Nextplay Technologies is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

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

AUIDAuthID   6.10   
0%
100.0%
ZENVZenvia   3.03   
0%
49.0%
CINTCiT   2.87   
0%
47.0%
ALARAlarum Technologies   1.29   
0%
21.0%
BLINBridgeline Digital   0.76   
0%
12.0%
CETXCemtrex   0.00   
0%
0%
TAOPTaoping     
1.0%
0%
GBGlobal Blue   0.66   
10.0%
0%
PRTHPriority Technology   0.77   
12.0%
0%
CISOCerberus Cyber   1.84   
30.0%
0%
DTSSDatasea   2.65   
43.0%
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets