Gaming Innovation Financials
| GIG Stock | NOK 24.70 0.90 3.78% |
Gaming |
Understanding current and past Gaming Innovation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gaming Innovation's financial statements are interrelated, with each one affecting the others. For example, an increase in Gaming Innovation's assets may result in an increase in income on the income statement.
Gaming Innovation Stock Summary
Gaming Innovation competes with Catena Media, Idex ASA, XXL ASA, Kitron ASA, and Betsson AB. Gaming Innovation Group Inc., through its subsidiaries, provides and facilitates a platform for Internet gambling, gaming, and betting in Nordic countries, other European countries, and internationally. The company was founded in 2012 and is headquartered in St Julians, Malta. GAMING INNOVATION operates under Gambling classification in Norway and is traded on Oslo Stock Exchange. It employs 695 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | US36467X2062 |
| Business Address | GiG Beach, St |
| Sector | Consumer Cyclical |
| Industry | Gambling |
| Benchmark | Dow Jones Industrial |
| Website | www.gig.com |
| Phone | 356 2711 0277 |
| Currency | NOK - Kroner |
You should never invest in Gaming Innovation without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Gaming Stock, because this is throwing your money away. Analyzing the key information contained in Gaming Innovation's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Gaming Innovation Key Financial Ratios
There are many critical financial ratios that Gaming Innovation's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Gaming Innovation reports annually and quarterly.| Return On Equity | 0.054 | |||
| Return On Asset | 0.0366 | |||
| Target Price | 37.93 | |||
| Number Of Employees | 578 | |||
| Beta | 0.8 |
Gaming Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Gaming Innovation's current stock value. Our valuation model uses many indicators to compare Gaming Innovation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gaming Innovation competition to find correlations between indicators driving Gaming Innovation's intrinsic value. More Info.Gaming Innovation Group is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.68 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gaming Innovation Group is roughly 1.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gaming Innovation's earnings, one of the primary drivers of an investment's value.Gaming Innovation Systematic Risk
Gaming Innovation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gaming Innovation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Gaming Innovation correlated with the market. If Beta is less than 0 Gaming Innovation generally moves in the opposite direction as compared to the market. If Gaming Innovation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gaming Innovation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gaming Innovation is generally in the same direction as the market. If Beta > 1 Gaming Innovation moves generally in the same direction as, but more than the movement of the benchmark.
Gaming Innovation Thematic Clasifications
Gaming Innovation Group is part of Toys investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Toys and games products. Companies producing and distributing toys and different gaming products for kids
This theme covers Toys and games products. Companies producing and distributing toys and different gaming products for kids. Get More Thematic Ideas
| Toys | View |
Gaming Innovation November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Gaming Innovation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gaming Innovation Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gaming Innovation Group based on widely used predictive technical indicators. In general, we focus on analyzing Gaming Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gaming Innovation's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.92 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.78 |
Other Information on Investing in Gaming Stock
Gaming Innovation financial ratios help investors to determine whether Gaming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gaming with respect to the benefits of owning Gaming Innovation security.