Esports Entertainment Group Probability of Future Pink Sheet Price Finishing Under 0.51
| GMBLDelisted Stock | USD 0.54 0.08 12.90% |
Esports |
Esports Entertainment Target Price Odds to finish below 0.51
The tendency of Esports Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.51 or more in 90 days |
| 0.54 | 90 days | 0.51 | about 1.2 |
Based on a normal probability distribution, the odds of Esports Entertainment to drop to $ 0.51 or more in 90 days from now is about 1.2 (This Esports Entertainment Group probability density function shows the probability of Esports Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Esports Entertainment price to stay between $ 0.51 and its current price of $0.54 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Esports Entertainment Group has a beta of -0.0864. This usually indicates as returns on the benchmark increase, returns on holding Esports Entertainment are expected to decrease at a much lower rate. During a bear market, however, Esports Entertainment Group is likely to outperform the market. Additionally Esports Entertainment Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Esports Entertainment Price Density |
| Price |
Predictive Modules for Esports Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Esports Entertainment. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Esports Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Esports Entertainment is not an exception. The market had few large corrections towards the Esports Entertainment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Esports Entertainment Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Esports Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.1 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.41 |
Esports Entertainment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Esports Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Esports Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Esports Entertainment is not yet fully synchronised with the market data | |
| Esports Entertainment has some characteristics of a very speculative penny stock | |
| Esports Entertainment has a very high chance of going through financial distress in the upcoming years | |
| Esports Entertainment Group currently holds 95.9 K in liabilities. Esports Entertainment has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Esports Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Esports Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Esports Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Esports to invest in growth at high rates of return. When we think about Esports Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.97 M. Net Loss for the year was (32.29 M) with profit before overhead, payroll, taxes, and interest of 14.18 M. | |
| Esports Entertainment Group currently holds about 2.98 M in cash with (15.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Esports Entertainment Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Esports Pink Sheet often depends not only on the future outlook of the current and potential Esports Entertainment's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Esports Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 M | |
| Cash And Short Term Investments | 1.7 M |
Esports Entertainment Technical Analysis
Esports Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. Esports Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Esports Entertainment Group. In general, you should focus on analyzing Esports Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Esports Entertainment Predictive Forecast Models
Esports Entertainment's time-series forecasting models is one of many Esports Entertainment's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Esports Entertainment's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Esports Entertainment
Checking the ongoing alerts about Esports Entertainment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Esports Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Esports Entertainment is not yet fully synchronised with the market data | |
| Esports Entertainment has some characteristics of a very speculative penny stock | |
| Esports Entertainment has a very high chance of going through financial distress in the upcoming years | |
| Esports Entertainment Group currently holds 95.9 K in liabilities. Esports Entertainment has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Esports Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Esports Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Esports Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Esports to invest in growth at high rates of return. When we think about Esports Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.97 M. Net Loss for the year was (32.29 M) with profit before overhead, payroll, taxes, and interest of 14.18 M. | |
| Esports Entertainment Group currently holds about 2.98 M in cash with (15.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Check out Risk vs Return 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 bureau of labor statistics. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Esports Pink Sheet
If you are still planning to invest in Esports Entertainment 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 Esports Entertainment's history and understand the potential risks before investing.
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