Enthusiast Gaming Holdings Stock Buy Hold or Sell Recommendation
| EGLX Stock | CAD 0.16 0.02 11.11% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Enthusiast Gaming Holdings is 'Strong Sell'. The recommendation algorithm takes into account all of Enthusiast Gaming's available fundamental, technical, and predictive indicators you will find on this site.
Check out Enthusiast Gaming Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Enthusiast and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Enthusiast Gaming Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enthusiast |
Execute Enthusiast Gaming Buy or Sell Advice
The Enthusiast recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Enthusiast Gaming Holdings. Macroaxis does not own or have any residual interests in Enthusiast Gaming Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Enthusiast Gaming's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Enthusiast Gaming Trading Alerts and Improvement Suggestions
| Enthusiast Gaming has some characteristics of a very speculative penny stock | |
| Enthusiast Gaming had very high historical volatility over the last 90 days | |
| Enthusiast Gaming has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 178.18 M. Net Loss for the year was (117.67 M) with profit before overhead, payroll, taxes, and interest of 63.46 M. | |
| Enthusiast Gaming Holdings has accumulated about 15.07 M in cash with (2.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Latest headline from news.google.com: An unknown buyer completed the acquisition of non-core and non-profitable casual gaming assets of Enthusiast Gaming Holdings Inc. - Marketscreener.com |
Enthusiast Gaming Returns Distribution Density
The distribution of Enthusiast Gaming's historical returns is an attempt to chart the uncertainty of Enthusiast Gaming's future price movements. The chart of the probability distribution of Enthusiast Gaming daily returns describes the distribution of returns around its average expected value. We use Enthusiast Gaming Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Enthusiast Gaming returns is essential to provide solid investment advice for Enthusiast Gaming.
| Mean Return | 0.10 | Value At Risk | -6.67 | Potential Upside | 7.14 | Standard Deviation | 4.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Enthusiast Gaming historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Enthusiast Gaming Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 9.1M | (8.9M) | 18.3M | (15.2M) | (563.6K) | (535.4K) | |
| Free Cash Flow | (16.2M) | (15.3M) | (23.7M) | (26.7M) | (2.9M) | (3.0M) | |
| Depreciation | 2.9M | 5.0M | 9.5M | 16.7M | 10.4M | 7.4M | |
| Other Non Cash Items | 57.8M | 6.3M | 2.2M | 28.9M | 99.8M | 104.8M | |
| Capital Expenditures | 204.2K | 7.3K | 3.4K | 11.3K | 47.9K | 47.2K | |
| Net Income | (78.5M) | (26.9M) | (52.0M) | (76.8M) | (117.7M) | (111.8M) | |
| End Period Cash Flow | 13.2M | 4.3M | 22.7M | 7.4M | 6.9M | 8.8M | |
| Change To Netincome | 62.8M | 7.1M | 20.2M | 34.5M | 39.7M | 27.4M |
Enthusiast Gaming Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Enthusiast Gaming or Interactive Media & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Enthusiast Gaming's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Enthusiast stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 4.61 | |
Ir | Information ratio | -0.0058 |
Enthusiast Gaming Volatility Alert
Enthusiast Gaming Holdings shows above-average downside volatility for the selected time horizon. Enthusiast Gaming Holdings is a potential penny stock. Although Enthusiast Gaming may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Enthusiast Gaming Holdings. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Enthusiast instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Enthusiast Gaming Fundamentals Vs Peers
Comparing Enthusiast Gaming's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enthusiast Gaming's direct or indirect competition across all of the common fundamentals between Enthusiast Gaming and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enthusiast Gaming or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enthusiast Gaming's fundamental indicators could also be used in its relative valuation, which is a method of valuing Enthusiast Gaming by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Enthusiast Gaming to competition |
| Fundamentals | Enthusiast Gaming | Peer Average |
| Return On Equity | -0.56 | -0.31 |
| Return On Asset | -0.0482 | -0.14 |
| Profit Margin | (0.80) % | (1.27) % |
| Operating Margin | (0.12) % | (5.51) % |
| Current Valuation | 38.6 M | 16.62 B |
| Shares Outstanding | 155.77 M | 571.82 M |
| Shares Owned By Insiders | 0.95 % | 10.09 % |
| Shares Owned By Institutions | 0.03 % | 39.21 % |
| Number Of Shares Shorted | 164.95 K | 4.71 M |
| Price To Book | 0.14 X | 9.51 X |
| Price To Sales | 0.19 X | 11.42 X |
| Revenue | 178.18 M | 9.43 B |
| Gross Profit | 63.46 M | 27.38 B |
| EBITDA | (24.65 M) | 3.9 B |
| Net Income | (117.67 M) | 570.98 M |
| Cash And Equivalents | 15.07 M | 2.7 B |
| Cash Per Share | 0.10 X | 5.01 X |
| Total Debt | 23.72 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 1.00 X | 2.16 X |
| Book Value Per Share | 0.92 X | 1.93 K |
| Cash Flow From Operations | (2.84 M) | 971.22 M |
| Short Ratio | 2.90 X | 4.00 X |
| Earnings Per Share | (0.59) X | 3.12 X |
| Target Price | 0.36 | |
| Number Of Employees | 120 | 18.84 K |
| Beta | 1.53 | -0.15 |
| Market Capitalization | 24.92 M | 19.03 B |
| Total Asset | 242.41 M | 29.47 B |
| Retained Earnings | (344.84 M) | 9.33 B |
| Working Capital | (11.2 M) | 1.48 B |
| Net Asset | 242.41 M |
Enthusiast Gaming Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Enthusiast . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Enthusiast Gaming Buy or Sell Advice
When is the right time to buy or sell Enthusiast Gaming Holdings? Buying financial instruments such as Enthusiast Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Enthusiast Stock
Enthusiast Gaming financial ratios help investors to determine whether Enthusiast 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 Enthusiast with respect to the benefits of owning Enthusiast Gaming security.