Golden Matrix Group Stock Buy Hold or Sell Recommendation
| GMGI Stock | USD 2.77 0.25 9.92% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Golden Matrix Group is 'Strong Hold'. The recommendation algorithm takes into account all of Golden Matrix's available fundamental, technical, and predictive indicators you will find on this site.
Check out Golden Matrix 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 Golden and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Golden |
Execute Golden Matrix Buy or Sell Advice
The Golden recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Golden Matrix Group. Macroaxis does not own or have any residual interests in Golden Matrix Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Golden Matrix's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Golden Matrix Trading Alerts and Improvement Suggestions
| Golden Matrix Group had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 44.17 M. Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 9.16 M. | |
| About 85.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Golden Matrix Group insider buys 4,032 in stock |
Golden Matrix Returns Distribution Density
The distribution of Golden Matrix's historical returns is an attempt to chart the uncertainty of Golden Matrix's future price movements. The chart of the probability distribution of Golden Matrix daily returns describes the distribution of returns around its average expected value. We use Golden Matrix Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Golden Matrix returns is essential to provide solid investment advice for Golden Matrix.
| Mean Return | 0.13 | Value At Risk | -6.59 | Potential Upside | 7.95 | Standard Deviation | 4.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Golden Matrix 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.
Golden Stock Institutional Investors
| Shares | Marshall Wace Asset Management Ltd | 2024-06-30 | 36.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 36.7 K | Nuveen Asset Management, Llc | 2024-06-30 | 26.5 K | Cambridge Invest Research Advisors, Inc. | 2024-09-30 | 24.4 K | Alpine Partners Vi, Llc | 2024-06-30 | 18.8 K | Jane Street Group Llc | 2024-06-30 | 18.7 K | Rhumbline Advisers | 2024-06-30 | 17.2 K | Virtu Financial Llc | 2024-06-30 | 15 K | Steward Partners Investment Advisory, Llc | 2024-06-30 | 14 K | Blackrock Inc | 2024-06-30 | 1.1 M | Geode Capital Management, Llc | 2024-06-30 | 512.9 K |
Golden Matrix Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Working Capital | (866.6K) | (487.8K) | (235.2K) | 413.4K | 372.0K | 390.6K | |
| Free Cash Flow | 1.5M | 1.9M | 2.6M | 2.1M | 2.5M | 2.6M | |
| Other Non Cash Items | 146.0K | 337.4K | (104.1K) | 266K | 239.4K | 227.4K | |
| Stock Based Compensation | 90.9K | 1.6M | 2.7M | 2.2M | 2.5M | 1.7M |
Golden Matrix 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 Golden Matrix or Entertainment 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 Golden Matrix'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 Golden 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 | -0.05 | |
β | Beta against Dow Jones | 1.98 | |
σ | Overall volatility | 4.82 | |
Ir | Information ratio | 0.01 |
Golden Matrix Volatility Alert
Golden Matrix Group shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Golden Matrix's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Golden Matrix's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Golden Matrix Fundamentals Vs Peers
Comparing Golden Matrix'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 Golden Matrix's direct or indirect competition across all of the common fundamentals between Golden Matrix and the related equities. This way, we can detect undervalued stocks with similar characteristics as Golden Matrix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Golden Matrix's fundamental indicators could also be used in its relative valuation, which is a method of valuing Golden Matrix by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Golden Matrix to competition |
| Fundamentals | Golden Matrix | Peer Average |
| Return On Equity | -0.0209 | -0.31 |
| Return On Asset | 0.0014 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0 % | (5.51) % |
| Current Valuation | 358.07 M | 16.62 B |
| Shares Outstanding | 128.9 M | 571.82 M |
| Shares Owned By Insiders | 85.17 % | 10.09 % |
| Shares Owned By Institutions | 2.46 % | 39.21 % |
| Number Of Shares Shorted | 983.2 K | 4.71 M |
| Price To Earning | 95.77 X | 28.72 X |
| Price To Book | 3.79 X | 9.51 X |
| Price To Sales | 3.71 X | 11.42 X |
| Revenue | 44.17 M | 9.43 B |
| Gross Profit | 9.16 M | 27.38 B |
| EBITDA | 19.44 M | 3.9 B |
| Net Income | (1.17 M) | 570.98 M |
| Cash And Equivalents | 15.87 M | 2.7 B |
| Cash Per Share | 0.56 X | 5.01 X |
| Total Debt | 4.48 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 5.52 X | 2.16 X |
| Book Value Per Share | 1.51 X | 1.93 K |
| Cash Flow From Operations | 2.21 M | 971.22 M |
| Short Ratio | 15.81 X | 4.00 X |
| Earnings Per Share | (0.02) X | 3.12 X |
| Target Price | 4.0 | |
| Number Of Employees | 1.2 K | 18.84 K |
| Beta | 1.95 | -0.15 |
| Market Capitalization | 324.84 M | 19.03 B |
| Total Asset | 35.58 M | 29.47 B |
| Retained Earnings | (25.85 M) | 9.33 B |
| Working Capital | 18.37 M | 1.48 B |
| Current Asset | 12 K | 9.34 B |
Note: Acquisition by Anthony Goodman of 125000 shares of Golden Matrix subject to Rule 16b-3 [view details]
Golden Matrix Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Golden . 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 Golden Matrix Buy or Sell Advice
When is the right time to buy or sell Golden Matrix Group? Buying financial instruments such as Golden 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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Check out Golden Matrix 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. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.02) | Revenue Per Share 2.391 | Quarterly Revenue Growth 0.748 | Return On Assets 0.0014 |
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.