NFT Competitors

Summary

NFTGDelisted Stock

0.71 0.01 1.43%

Analyzing NFT Gaming 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 NFT Gaming to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of NFT Gaming competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NFT Gaming's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
0.71	0.71	0.71

Details

Intrinsic

Valuation

Low	Real	High
0.67	0.67	0.78

Details

NFT Gaming Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NFT Gaming and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of NFT 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 NFT Gaming does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.28	0.56	-0.01	0.59	0.02	0.66	0.28	-0.55	0.71	META
MSFT	0.28		0.24	0.11	0.18	-0.01	0.01	-0.17	0.12	-0.19	MSFT
UBER	0.56	0.24		-0.03	0.0	0.26	0.03	-0.11	0.05	0.36	UBER
F	-0.01	0.11	-0.03		0.06	-0.38	0.4	0.65	-0.28	0.3	F
T	0.59	0.18	0.0	0.06		-0.5	0.75	0.52	-0.77	0.38	T
A	0.02	-0.01	0.26	-0.38	-0.5		-0.48	-0.64	0.64	-0.01	A
CRM	0.66	0.01	0.03	0.4	0.75	-0.48		0.84	-0.92	0.68	CRM
JPM	0.28	-0.17	-0.11	0.65	0.52	-0.64	0.84		-0.83	0.51	JPM
MRK	-0.55	0.12	0.05	-0.28	-0.77	0.64	-0.92	-0.83		-0.56	MRK
XOM	0.71	-0.19	0.36	0.3	0.38	-0.01	0.68	0.51	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.84	CRM
CRM	+ 0.75	T
XOM	+ 0.71	META
XOM	+ 0.68	CRM
CRM	+ 0.66	META
JPM	+ 0.65	F

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.77	T
JPM	- 0.64	A
XOM	- 0.56	MRK
MRK	- 0.55	META

Risk-Adjusted Indicators

There is a big difference between NFT Stock performing well and NFT Gaming 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 NFT Gaming'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.06	0.02	(0.01)	0.15	1.41	(1.14)	2.62	(3.15)	8.02
MSFT	0.88	(0.08)	(0.07)	0.01	1.51	(0.83)	2.09	(1.85)	8.19
UBER	1.62	(0.12)	(0.05)	0.00	2.25	(1.79)	2.69	(2.44)	20.10
F	1.41	(0.13)	(0.03)	0.03	2.20	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.13	(10.00)	0.86	(1.04)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.28	0.26	0.21	0.35	0.91	(1.51)	3.18	(1.91)	9.09
JPM	1.12	0.00	0.06	0.12	1.44	(1.17)	2.05	(2.00)	15.87
MRK	0.88	(0.24)	0.00	(0.81)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.03	0.00	(0.04)	0.12	1.25	(1.10)	2.14	(2.09)	5.78

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NFT Gaming Competitive Analysis

The better you understand NFT Gaming competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NFT Gaming'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 NFT Gaming'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

	NFTG	GOOG	MSFT	CRM
	1.43 0.71 NFT	1.72 169.43 Alphabet	0.43 418.79 Microsoft	0.85 339.11 Salesforce
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Insignificant	Weak	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Very Low	Low	Very Small
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Buy	Strong Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Hold	Strong Hold	Strong Buy
Current Ratio	N/A	2.52 X	1.84 X	1.06 X
Net Asset	941.43 K	402.39 B	512.16 B	99.82 B
Profit Margin	N/A	0.28 %	0.36 %	0.15 %
EBITDA	(3.45 M)	97.97 B	133.01 B	9.22 B
Current Valuation	(1.05 M)	2 T	3.1 T	322.95 B
Price To Book	0.77 X	6.49 X	10.82 X	5.63 X
Operating Margin	N/A	0.32 %	0.47 %	0.20 %
Retained Earnings	(1.43 M)	211.25 B	173.14 B	11.72 B
Current Asset	N/A	105.41 B	139.66 B	4.35 B
Five Year Return	N/A	N/A	1.18 %	N/A
Beta	N/A	1.03	0.9	1.29
Number Of Employees	3	181.27 K	228 K	72.68 K
Shares Outstanding	12.07 M	5.53 B	7.43 B	956 M
Cash Flow From Operations	(2.66 M)	101.75 B	118.55 B	10.23 B
Annual Yield	N/A	0 %	0.01 %	0 %
Total Debt	N/A	28.5 B	97.85 B	13.56 B
Return On Equity	-1.03	0.32	0.36	0.0973
Z Score	-13.41	N/A	N/A	N/A
Return On Asset	-0.59	0.16	0.15	0.0471
Number Of Shares Shorted	28.86 K	40.44 M	62.52 M	13.15 M
Book Value Per Share	0.35 X	25.61 X	38.69 X	60.16 X
Current Liabilities	N/A	16.76 B	59.36 B	5.62 B
Total Asset	941.43 K	402.39 B	512.16 B	99.82 B
Short Ratio	0.15 X	2.40 X	3.28 X	3.22 X
Debt To Equity	N/A	0.12 %	0.44 %	0.24 %
Target Price	N/A	204.93	504.77	345.65
Last Dividend Paid	N/A	0.4	3.08	0.8
Shares Owned By Institutions	4.00 %	61.41 %	73.55 %	82.35 %
Market Capitalization	3.28 M	2.06 T	3.11 T	324.19 B
Price To Earning	N/A	20.62 X	26.64 X	291.69 X
Price To Earnings To Growth	N/A	1.04 X	2.21 X	2.34 X
Price To Sales	N/A	6.07 X	12.25 X	8.89 X
Net Income	(3.47 M)	73.8 B	88.14 B	4.14 B
Earnings Per Share	(0.29) X	7.55 X	12.09 X	5.75 X
Shares Owned By Insiders	22.46 %	0.02 %	0.06 %	2.63 %
Revenue	N/A	307.39 B	245.12 B	34.86 B
Working Capital	627.09 K	89.72 B	34.45 B	2.44 B
Cash And Equivalents	N/A	116.26 B	34.7 B	7.02 B
Cash Per Share	N/A	8.98 X	14.39 X	13.53 X
Gross Profit	N/A	156.63 B	165.36 B	22.99 B
Day Typical Price	0.71	169.1	418.24	341.75
Accumulation Distribution	0.0676	0.018	0.0147	0.0275
Market Facilitation Index	0.05	3.06	6.19	9.56
Daily Balance Of Power	0.2	0.9346	0.2892	(0.30)
Period Momentum Indicator	0.01	2.86	1.79	(2.91)
Rate Of Daily Change	1.01	1.02	1.0	0.99
Day Median Price	0.72	168.93	417.97	343.07
Price Action Indicator	N/A	1.93	1.72	(5.41)
Coefficient Of Variation	(9,071)	4878.2	6926.71	426.08
Mean Deviation	6.51	1.2	0.8816	1.28
Jensen Alpha	(0.38)	(0.07)	(0.08)	0.2551
Total Risk Alpha	(2.24)	(0.22)	(0.19)	0.1242
Sortino Ratio	N/A	(0.05)	(0.07)	0.2147
Downside Variance	N/A	3.69	2.39	1.55
Standard Deviation	13.43	1.57	1.27	1.69
Kurtosis	33.71	1.1	7.15	1.75
Potential Upside	13.19	2.21	2.09	3.18
Treynor Ratio	(0.09)	0.03	0.0117	0.3493
Maximum Drawdown	115.31	8.6	8.19	9.09
Variance	180.37	2.47	1.61	2.85
Market Risk Adjusted Performance	(0.08)	0.04	0.0217	0.3593
Risk Adjusted Performance	0.001	0.0208	0.015	0.1848
Skewness	4.88	(0.60)	(1.72)	1.01
Semi Deviation	N/A	1.84	1.51	0.9149
Information Ratio	(0.02)	(0.06)	(0.09)	0.1585
Value At Risk	(12.75)	(2.47)	(1.85)	(1.91)
Expected Short fall	N/A	(1.05)	(0.83)	(1.51)
Downside Deviation	N/A	1.92	1.54	1.25
Semi Variance	N/A	3.39	2.28	0.8371

NFT Gaming Competition Performance Charts

Five steps to successful analysis of NFT Gaming Competition

NFT Gaming'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 NFT Gaming in relation to its competition. NFT Gaming's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of NFT Gaming 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 NFT Gaming's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NFT Gaming, 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 NFT Gaming position

In addition to having NFT Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 43 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Moderate Funds Theme or any other thematic opportunities.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Consideration for investing in NFT Stock

If you are still planning to invest in NFT Gaming 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 NFT Gaming's history and understand the potential risks before investing.

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