Mega Competitors

MGRT Stock   6.20  0.15  2.36%   
Mega Fortune competes with Gamehaus Holdings, GameSquare Holdings, Sono Tek, Bragg Gaming, and Where Food; as well as few others. The company conducts business under Technology sector and is part of Software - Application industry. Analyzing Mega Fortune competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Mega Fortune to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Mega Fortune Correlation with its peers.
For more information on how to buy Mega Stock please use our How to Invest in Mega Fortune guide.

Mega Fortune vs AstroNova Correlation

Very good diversification

The correlation between Mega Fortune and ALOT is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mega Fortune and ALOT in the same portfolio, assuming nothing else is changed.

Moving against Mega Stock

  0.45PLUG Plug Power Aggressive PushPairCorr
  0.44RXRX Recursion PharmaceuticalsPairCorr
  0.37NIO Nio Class APairCorr
  0.35GRAB Grab Holdings Aggressive PushPairCorr
At this time, Mega Fortune's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.18 in 2026, whereas Return On Capital Employed is likely to drop 0.26 in 2026. At this time, Mega Fortune's Non Current Assets Total are comparatively stable compared to the past year. Return On Tangible Assets is likely to gain to 0.18 in 2026, whereas Total Current Assets are likely to drop slightly above 2.7 M in 2026.
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
0.326.3728.66
Details
Intrinsic
Valuation
LowRealHigh
0.305.9528.24
Details
Naive
Forecast
LowNextHigh
0.146.7529.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.986.8110.64
Details

Mega Fortune Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mega Fortune and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Mega and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Mega Fortune does not affect the price movement of the other competitor.

High positive correlations

GAMEGMHS
ALOTSOTK
ZENVMSAI
ZENVWFCF
ZENVGAME
YIBOGAME
  

High negative correlations

AMPGZENV
ALOTWFCF
AMPGMSAI
ALOTZENV
AMPGWFCF

Risk-Adjusted Indicators

There is a big difference between Mega Stock performing well and Mega Fortune Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Mega Fortune's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GMHS  3.21 (0.44) 0.00 (0.25) 0.00 
 8.00 
 23.36 
GAME  4.01 (0.70) 0.00 (0.19) 0.00 
 8.00 
 21.47 
SOTK  1.90  0.00 (0.02) 0.08  2.23 
 3.50 
 17.77 
BRAG  2.56 (0.17) 0.00  1.70  0.00 
 3.81 
 29.76 
WFCF  1.33 (0.23) 0.00 (0.36) 0.00 
 2.82 
 13.24 
MSAI  10.60  0.34  0.03  0.20  12.15 
 22.58 
 133.82 
ZENV  2.22 (0.61) 0.00 (1.84) 0.00 
 4.67 
 15.64 
AMPG  4.13  0.18  0.04  0.19  5.23 
 11.28 
 26.92 
YIBO  3.47 (0.07) 0.00 (0.22) 0.00 
 7.48 
 43.15 
ALOT  2.06 (0.06)(0.02) 0.01  2.40 
 4.76 
 21.34 

Cross Equities Net Income Analysis

Compare Mega Fortune and related stocks such as Gamehaus Holdings Class, GameSquare Holdings, and Sono Tek Corp Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
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RoicInventory Turnover
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Dividend Paid And Capex Coverage RatioNet Income Per E B T
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Gross Profit MarginPrice Fair Value
Return On Equity
20102011201220132014201520162017201820192020202120222023202420252026
GMHS2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M2.1 M3.8 M8.2 MM4.6 MM
GAME(110.3 K)(110.3 K)(218.1 K)(144.9 K)(83 K)(10.1 M)(10.1 M)(10.1 M)(11.5 M)(14.7 M)(32.3 M)(40.7 M)(18.1 M)(31.3 M)(48.8 M)(43.9 M)(41.7 M)
SOTK(300 K)132.3 K132.3 K484.5 K606.1 K95.7 K95.7 K368.2 K161.6 K1.1 M1.1 M2.5 M635.9 K1.3 M1.3 M1.4 M1.5 M
BRAG(94.2 K)(2 M)(2 M)(2.9 M)(2.9 M)(3.3 M)(1.7 M)(13.9 M)(11.9 M)(11.9 M)(22.5 M)(7.5 M)(3.5 M)(3.8 M)(5.1 M)(4.6 M)(4.9 M)
WFCF3.9 M864.5 K870.4 K(33.6 K)229.1 K533.9 K433.2 K142.3 K800.7 K1.3 M1.4 MMM2.2 M2.1 M2.4 M2.6 M
MSAI2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M2.3 M(13.3 M)(22.3 M)(21.5 M)(19.3 M)(20.3 M)
ZENV19.9 M19.9 M19.9 M19.9 M19.9 M19.9 M19.9 M19.9 M19.9 M13.8 M(21.4 M)(44.6 M)(243 M)(61 M)(154.7 M)(139.2 M)(132.2 M)
AMPG(3.1 K)(5.6 K)(193 K)(144 K)(770 K)50 K456.3 K(97 K)329 K5.9 K(1 M)(4.8 M)(677.1 K)(2.5 M)(11.2 M)(10.1 M)(9.6 M)
YIBO4.8 M4.8 M4.8 M4.8 M4.8 M4.8 M4.8 M4.8 M7.6 M9.3 M4.2 M4.9 M7.2 M7.8 M7.1 M8.2 M7.3 M
ALOT900 K3.1 M10.6 M3.2 M4.7 M4.5 M4.2 M3.3 M5.7 M1.8 M1.3 M6.4 M2.7 M4.7 M(14.5 M)(16.7 M)(15.8 M)

Mega Fortune and related stocks such as Gamehaus Holdings Class, GameSquare Holdings, and Sono Tek Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Mega Fortune financial statement analysis. It represents the amount of money remaining after all of Mega Fortune operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Mega Fortune Competitive Analysis

The better you understand Mega Fortune competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mega Fortune's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Mega Fortune's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MGRT GMHS GAME SOTK BRAG WFCF MSAI ZENV AMPG YIBO
 2.36 
 6.20 
Mega
 2.06 
 0.99 
Gamehaus
 2.22 
 0.46 
GameSquare
 0.74 
 4.11 
Sono
 1.32 
 2.24 
Bragg
 1.79 
 11.35 
Where
 2.86 
 0.34 
Infrared
 1.12 
 0.90 
Zenvia
 1.72 
 4.14 
Amplitech
 1.75 
 1.12 
Planet
Market Volatility
(90 Days Market Risk)
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(90 Days Performance)
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
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(90 Days Macroaxis Advice)
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Day Typical Price
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Market Facilitation Index
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Period Momentum Indicator
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Jensen Alpha
Total Risk Alpha
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Market Risk Adjusted Performance
Risk Adjusted Performance
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Information Ratio
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Semi Variance

Mega Fortune Competition Performance Charts

Five steps to successful analysis of Mega Fortune Competition

Mega Fortune's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Mega Fortune in relation to its competition. Mega Fortune's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Mega Fortune in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Mega Fortune's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mega Fortune, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Mega Fortune position

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An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 44 constituents at this time.
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Additional Tools for Mega Stock Analysis

When running Mega Fortune's price analysis, check to measure Mega Fortune'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 Mega Fortune is operating at the current time. Most of Mega Fortune's value examination focuses on studying past and present price action to predict the probability of Mega Fortune's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mega Fortune's price. Additionally, you may evaluate how the addition of Mega Fortune to your portfolios can decrease your overall portfolio volatility.