Jackpot Digital Stock Performance
| JPOTF Stock | USD 0.05 0.01 27.03% |
The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Jackpot Digital returns are very sensitive to returns on the market. As the market goes up or down, Jackpot Digital is expected to follow. Jackpot Digital right now retains a risk of 5.48%. Please check out Jackpot Digital standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Jackpot Digital will be following its current trending patterns.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Jackpot Digital has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Jackpot Digital is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 438.6 K |
Jackpot |
Jackpot Digital Relative Risk vs. Return Landscape
If you would invest 5.12 in Jackpot Digital on September 5, 2024 and sell it today you would lose (0.42) from holding Jackpot Digital or give up 8.2% of portfolio value over 90 days. Jackpot Digital is currently producing 0.0092% returns and takes up 5.4792% volatility of returns over 90 trading days. Put another way, 48% of traded otc stocks are less volatile than Jackpot, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Jackpot Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jackpot Digital's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Jackpot Digital, and traders can use it to determine the average amount a Jackpot Digital'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 = 0.0017
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JPOTF |
Estimated Market Risk
| 5.48 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jackpot Digital 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 Jackpot Digital by adding Jackpot Digital to a well-diversified portfolio.
Jackpot Digital Fundamentals Growth
Jackpot OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Jackpot Digital, and Jackpot Digital 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 Jackpot OTC Stock performance.
| Return On Asset | -0.39 | |||
| Operating Margin | (2.60) % | |||
| Current Valuation | 10.79 M | |||
| Shares Outstanding | 131.96 M | |||
| Price To Earning | (1.61) X | |||
| Price To Sales | 4.66 X | |||
| Revenue | 419.75 K | |||
| EBITDA | (4.79 M) | |||
| Cash And Equivalents | 161.72 K | |||
| Total Debt | 4.27 M | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (2.88 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 4.39 M | |||
| Retained Earnings | (27.89 M) | |||
| Current Asset | 6.43 M | |||
| Current Liabilities | 263 K | |||
About Jackpot Digital Performance
By analyzing Jackpot Digital's fundamental ratios, stakeholders can gain valuable insights into Jackpot Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Jackpot Digital 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 Jackpot Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Jackpot Digital Inc. develops, markets, and leases electronic table games. Jackpot Digital Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada. Jackpot Digital operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 17 people.Things to note about Jackpot Digital performance evaluation
Checking the ongoing alerts about Jackpot Digital for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Jackpot Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Jackpot Digital had very high historical volatility over the last 90 days | |
| Jackpot Digital has some characteristics of a very speculative penny stock | |
| Jackpot Digital has a very high chance of going through financial distress in the upcoming years | |
| Jackpot Digital has accumulated 4.27 M in total debt. Jackpot Digital has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jackpot Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Jackpot Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jackpot Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jackpot to invest in growth at high rates of return. When we think about Jackpot Digital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 419.75 K. Net Loss for the year was (6.56 M) with profit before overhead, payroll, taxes, and interest of 312.74 K. | |
| Jackpot Digital has accumulated about 161.72 K in cash with (2.88 M) of positive cash flow from operations. |
- Analyzing Jackpot Digital'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 Jackpot Digital's stock is overvalued or undervalued compared to its peers.
- Examining Jackpot Digital'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 Jackpot Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jackpot Digital's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Jackpot Digital's otc stock. These opinions can provide insight into Jackpot Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Jackpot OTC Stock analysis
When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |