Jackpot Digital Financials
| JPOTF Stock | USD 0.04 0 5.72% |
With this module, you can analyze Jackpot financials for your investing period. You should be able to track the changes in Jackpot Digital individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Jackpot |
Understanding current and past Jackpot Digital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Jackpot Digital's financial statements are interrelated, with each one affecting the others. For example, an increase in Jackpot Digital's assets may result in an increase in income on the income statement.
The data published in Jackpot Digital's official financial statements typically reflect Jackpot Digital's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Jackpot Digital's quantitative information. For example, before you start analyzing numbers published by Jackpot accountants, it's essential to understand Jackpot Digital's liquidity, profitability, and earnings quality within the context of the Hotels, Restaurants & Leisure space in which it operates.
Jackpot Digital Stock Summary
Jackpot Digital competes with 888 Holdings, Churchill Downs, Gan, Rush Street, and Lottery, Common. 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.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 570 Granville Street, |
| Sector | Hotels, Restaurants & Leisure |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.jackpotdigital.com |
| Phone | 604 681 0204 |
| Currency | USD - US Dollar |
Jackpot Digital Key Financial Ratios
There are many critical financial ratios that Jackpot Digital's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Jackpot Digital reports annually and quarterly.Jackpot Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jackpot Digital's current stock value. Our valuation model uses many indicators to compare Jackpot Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jackpot Digital competition to find correlations between indicators driving Jackpot Digital's intrinsic value. More Info.Jackpot Digital is rated fifth overall in return on asset category among its peers. It is rated fourth overall in operating margin category among its peers . 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 Jackpot Digital's earnings, one of the primary drivers of an investment's value.Jackpot Digital Systematic Risk
Jackpot Digital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jackpot Digital 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Jackpot Digital correlated with the market. If Beta is less than 0 Jackpot Digital generally moves in the opposite direction as compared to the market. If Jackpot Digital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jackpot Digital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jackpot Digital is generally in the same direction as the market. If Beta > 1 Jackpot Digital moves generally in the same direction as, but more than the movement of the benchmark.
Jackpot Digital Thematic Clasifications
Jackpot Digital is part of Gambling 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. Equities that are issued by public entities related to gambling services or online betting technology. Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets
This theme covers Equities that are issued by public entities related to gambling services or online betting technology. Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. Get More Thematic Ideas
| Gambling | View |
Jackpot Digital November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Jackpot Digital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jackpot Digital. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jackpot Digital based on widely used predictive technical indicators. In general, we focus on analyzing Jackpot OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jackpot Digital's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 18.79 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 5.39 |
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.
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