Gameon Entertainment Technologies Stock Buy Hold or Sell Recommendation
| GMETF Stock | USD 0.01 0.0007 8.33% |
Assuming the 90 days horizon and your below-average risk tolerance, our recommendation regarding GameOn Entertainment Technologies is 'Strong Sell'. Macroaxis provides GameOn Entertainment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GMETF positions.
Check out GameOn Entertainment 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. Note, we conduct extensive research on individual companies such as GameOn and provide practical buy, sell, or hold advice based on investors' constraints. GameOn Entertainment Technologies. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
GameOn |
Execute GameOn Entertainment Buy or Sell Advice
The GameOn recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on GameOn Entertainment Technologies. Macroaxis does not own or have any residual interests in GameOn Entertainment Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute GameOn Entertainment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
GameOn Entertainment Trading Alerts and Improvement Suggestions
| GameOn Entertainment generated a negative expected return over the last 90 days | |
| GameOn Entertainment has high historical volatility and very poor performance | |
| GameOn Entertainment has some characteristics of a very speculative penny stock | |
| GameOn Entertainment Technologies has accumulated 40.69 K in total debt with debt to equity ratio (D/E) of 0.6, which is about average as compared to similar companies. GameOn Entertainment has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GameOn Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, GameOn 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 GameOn Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GameOn to invest in growth at high rates of return. When we think about GameOn Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 12.66 K. Net Loss for the year was (9.07 M) with profit before overhead, payroll, taxes, and interest of 12.66 K. | |
| GameOn Entertainment Technologies has accumulated about 4.72 K in cash with (5.4 M) of positive cash flow from operations. | |
| Roughly 33.0% of GameOn Entertainment shares are held by company insiders |
GameOn Entertainment Returns Distribution Density
The distribution of GameOn Entertainment's historical returns is an attempt to chart the uncertainty of GameOn Entertainment's future price movements. The chart of the probability distribution of GameOn Entertainment daily returns describes the distribution of returns around its average expected value. We use GameOn Entertainment Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GameOn Entertainment returns is essential to provide solid investment advice for GameOn Entertainment.
| Mean Return | -0.86 | Value At Risk | -30.49 | Potential Upside | 27.88 | Standard Deviation | 17.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GameOn Entertainment 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.
GameOn Entertainment 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 GameOn Entertainment or Communication 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 GameOn Entertainment's price will be affected by overall otc 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 GameOn otc'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 | -0.61 | |
β | Beta against Dow Jones | -3.05 | |
σ | Overall volatility | 17.42 | |
Ir | Information ratio | -0.05 |
GameOn Entertainment Volatility Alert
GameOn Entertainment Technologies is displaying above-average volatility over the selected time horizon. GameOn Entertainment Technologies is a penny stock. Even though GameOn Entertainment may be a good instrument to invest, many penny otc stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in GameOn Entertainment Technologies or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on GameOn instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.GameOn Entertainment Fundamentals Vs Peers
Comparing GameOn Entertainment'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 GameOn Entertainment's direct or indirect competition across all of the common fundamentals between GameOn Entertainment and the related equities. This way, we can detect undervalued stocks with similar characteristics as GameOn Entertainment or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of GameOn Entertainment's fundamental indicators could also be used in its relative valuation, which is a method of valuing GameOn Entertainment by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare GameOn Entertainment to competition |
| Fundamentals | GameOn Entertainment | Peer Average |
| Return On Equity | -1.1 | -0.31 |
| Return On Asset | -0.38 | -0.14 |
| Operating Margin | (9.63) % | (5.51) % |
| Current Valuation | 4.64 M | 16.62 B |
| Shares Outstanding | 64.73 M | 571.82 M |
| Shares Owned By Insiders | 33.07 % | 10.09 % |
| Price To Book | 1.05 X | 9.51 X |
| Price To Sales | 6.32 X | 11.42 X |
| Revenue | 12.66 K | 9.43 B |
| Gross Profit | 12.66 K | 27.38 B |
| EBITDA | (8.19 M) | 3.9 B |
| Net Income | (9.07 M) | 570.98 M |
| Cash And Equivalents | 4.72 K | 2.7 B |
| Total Debt | 40.69 K | 5.32 B |
| Debt To Equity | 0.59 % | 48.70 % |
| Current Ratio | 0.80 X | 2.16 X |
| Book Value Per Share | 0.05 X | 1.93 K |
| Cash Flow From Operations | (5.4 M) | 971.22 M |
| Number Of Employees | 3 | 18.84 K |
| Market Capitalization | 2.12 M | 19.03 B |
| Total Asset | 6.17 M | 29.47 B |
| Z Score | 27.9 | 8.72 |
| Net Asset | 6.17 M |
GameOn Entertainment Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GameOn . 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.
| Accumulation Distribution | 205.35 | |||
| Daily Balance Of Power | (7.00) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 0.0077 | |||
| Day Typical Price | 0.0077 | |||
| Price Action Indicator | (0.0003) | |||
| Period Momentum Indicator | (0.0007) | |||
| Relative Strength Index | 35.37 |
About GameOn Entertainment Buy or Sell Advice
When is the right time to buy or sell GameOn Entertainment Technologies? Buying financial instruments such as GameOn OTC 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.
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Other Information on Investing in GameOn OTC Stock
GameOn Entertainment financial ratios help investors to determine whether GameOn OTC 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 GameOn with respect to the benefits of owning GameOn Entertainment security.