PLAYTECH Financials
| PL8 Stock | EUR 8.66 0.01 0.12% |
PLAYTECH |
Understanding current and past PLAYTECH Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PLAYTECH's financial statements are interrelated, with each one affecting the others. For example, an increase in PLAYTECH's assets may result in an increase in income on the income statement.
Please note, the presentation of PLAYTECH's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PLAYTECH's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of PLAYTECH's management manipulating its earnings.
You should never invest in PLAYTECH without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of PLAYTECH Stock, because this is throwing your money away. Analyzing the key information contained in PLAYTECH's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
PLAYTECH Key Financial Ratios
There are many critical financial ratios that PLAYTECH's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that PLAYTECH reports annually and quarterly.PLAYTECH Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PLAYTECH's current stock value. Our valuation model uses many indicators to compare PLAYTECH value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PLAYTECH competition to find correlations between indicators driving PLAYTECH's intrinsic value. More Info.PLAYTECH is rated top company in current valuation category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for PLAYTECH is about 2,099,032,925 . 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 PLAYTECH's earnings, one of the primary drivers of an investment's value.PLAYTECH Systematic Risk
PLAYTECH's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PLAYTECH 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on PLAYTECH correlated with the market. If Beta is less than 0 PLAYTECH generally moves in the opposite direction as compared to the market. If PLAYTECH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PLAYTECH is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PLAYTECH is generally in the same direction as the market. If Beta > 1 PLAYTECH moves generally in the same direction as, but more than the movement of the benchmark.
PLAYTECH November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of PLAYTECH help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PLAYTECH. We use our internally-developed statistical techniques to arrive at the intrinsic value of PLAYTECH based on widely used predictive technical indicators. In general, we focus on analyzing PLAYTECH Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PLAYTECH's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 34.69 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.73 |
Complementary Tools for PLAYTECH Stock analysis
When running PLAYTECH's price analysis, check to measure PLAYTECH'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 PLAYTECH is operating at the current time. Most of PLAYTECH's value examination focuses on studying past and present price action to predict the probability of PLAYTECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PLAYTECH's price. Additionally, you may evaluate how the addition of PLAYTECH to your portfolios can decrease your overall portfolio volatility.
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