Sharplink Gaming Stock Price on August 16, 2024

SBET Stock  USD 0.68  0.04  6.25%   
Below is the normalized historical share price chart for Sharplink Gaming extending back to May 21, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sharplink Gaming stands at 0.68, as last reported on the 25th of November, with the highest price reaching 0.68 and the lowest price hitting 0.64 during the day.
IPO Date
21st of May 1997
200 Day MA
0.9173
50 Day MA
0.7204
Beta
1.496
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sharplink Stock, it is important to understand the factors that can impact its price. Currently, Sharplink Gaming is out of control. Sharplink Gaming owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0245, which indicates the firm had a 0.0245% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sharplink Gaming, which you can use to evaluate the volatility of the company. Please validate Sharplink Gaming's Semi Deviation of 4.12, risk adjusted performance of 0.0364, and Coefficient Of Variation of 2773.51 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At this time, Sharplink Gaming's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 74.8 M in 2024, whereas Capital Stock is likely to drop slightly above 442.8 K in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 0.79 in 2024. Sharplink Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0245

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskSBETHuge Risk
Negative Returns

Estimated Market Risk

 6.05
  actual daily
53
53% of assets are less volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Sharplink Gaming is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sharplink Gaming by adding it to a well-diversified portfolio.
Price Book
1.2069
Enterprise Value Ebitda
(0.18)
Price Sales
0.5626
Shares Float
3.2 M
Earnings Share
(2.71)

Sharplink Gaming Valuation on August 16, 2024

It is possible to determine the worth of Sharplink Gaming on a given historical date. On August 16, 2024 Sharplink was worth 0.74 at the beginning of the trading date compared to the closed value of 0.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sharplink Gaming stock. Still, in general, we apply an absolute valuation method to find Sharplink Gaming's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sharplink Gaming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sharplink Gaming's related companies.
 Open High Low Close Volume
  0.78    0.79    0.75    0.79    4,571  
08/16/2024
  0.74    0.79    0.74    0.74    6,145  
  0.75    0.75    0.71    0.72    17,300  
Backtest Sharplink Gaming  |  Sharplink Gaming History  |  Sharplink Gaming Valuation   PreviousNext  
Open Value
0.74
0.74
Closing Value
18.89
Upside

Sharplink Gaming Trading Date Momentum on August 16, 2024

On August 19 2024 Sharplink Gaming was traded for  0.72  at the closing time. The top price for the day was 0.75  and the lowest listed price was  0.71 . The trading volume for the day was 17.3 K. The trading history from August 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.70% . The trading price change against the current closing price is 2.70% .

Sharplink Gaming Fundamentals Correlations and Trends

By evaluating Sharplink Gaming's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sharplink Gaming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sharplink financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sharplink Gaming Stock history

Sharplink Gaming investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sharplink is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sharplink Gaming will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sharplink Gaming stock prices may prove useful in developing a viable investing in Sharplink Gaming
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.8 M2.9 M
Net Loss-13.7 M-14.4 M

Sharplink Gaming Stock Technical Analysis

Sharplink Gaming technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sharplink Gaming technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sharplink Gaming trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sharplink Gaming Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sharplink Gaming cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sharplink Gaming November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Sharplink Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sharplink Gaming shares will generate the highest return on investment. By undertsting and applying Sharplink Gaming stock market strength indicators, traders can identify Sharplink Gaming entry and exit signals to maximize returns

Sharplink Gaming Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sharplink Gaming's price direction in advance. Along with the technical and fundamental analysis of Sharplink Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sharplink to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Sharplink Stock Analysis

When running Sharplink Gaming's price analysis, check to measure Sharplink Gaming'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 Sharplink Gaming is operating at the current time. Most of Sharplink Gaming's value examination focuses on studying past and present price action to predict the probability of Sharplink Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharplink Gaming's price. Additionally, you may evaluate how the addition of Sharplink Gaming to your portfolios can decrease your overall portfolio volatility.