Nitro Games Financials
| NITRO Stock | SEK 2.56 0.02 0.79% |
Nitro |
Understanding current and past Nitro Games Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nitro Games' financial statements are interrelated, with each one affecting the others. For example, an increase in Nitro Games' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nitro Games' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nitro Games Oyj. Check Nitro Games' Beneish M Score to see the likelihood of Nitro Games' management manipulating its earnings.
Nitro Games Stock Summary
Nitro Games competes with Stillfront Group, G5 Entertainment, Enad Global, and Starbreeze. Nitro Games Oyj develops and publishes games for smartphones and tablets worldwide. The company was founded in 2007 and is headquartered in Kotka, Finland. Nitro Games is traded on Stockholm Stock Exchange in Sweden.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | FI4000242961 |
| Business Address | Juha Vainion katu |
| Sector | Technology |
| Industry | Electronic Gaming & Multimedia |
| Benchmark | Dow Jones Industrial |
| Website | www.nitrogames.com |
| Phone | 358 4408 22268 |
| Currency | SEK - Swedish Kronor |
You should never invest in Nitro Games without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nitro Stock, because this is throwing your money away. Analyzing the key information contained in Nitro Games' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nitro Games Key Financial Ratios
There are many critical financial ratios that Nitro Games' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nitro Games Oyj reports annually and quarterly.Nitro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitro Games's current stock value. Our valuation model uses many indicators to compare Nitro Games value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitro Games competition to find correlations between indicators driving Nitro Games's intrinsic value. More Info.Nitro Games Oyj is regarded third in return on equity category among its peers. It also is regarded third in return on asset 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 Nitro Games' earnings, one of the primary drivers of an investment's value.Nitro Games Oyj Systematic Risk
Nitro Games' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nitro Games 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nitro Games Oyj correlated with the market. If Beta is less than 0 Nitro Games generally moves in the opposite direction as compared to the market. If Nitro Games Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nitro Games Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nitro Games is generally in the same direction as the market. If Beta > 1 Nitro Games moves generally in the same direction as, but more than the movement of the benchmark.
Nitro Games Thematic Clasifications
Nitro Games Oyj 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 |
Nitro Games November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nitro Games help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nitro Games Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nitro Games Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Nitro Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nitro Games's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 28.88 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.14 |
Additional Tools for Nitro Stock Analysis
When running Nitro Games' price analysis, check to measure Nitro Games' 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 Nitro Games is operating at the current time. Most of Nitro Games' value examination focuses on studying past and present price action to predict the probability of Nitro Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitro Games' price. Additionally, you may evaluate how the addition of Nitro Games to your portfolios can decrease your overall portfolio volatility.