Timothy Sikora - Nextplay Technologies Chief Officer

NXTPDelisted Stock  USD 1.10  0.09  7.56%   

Insider

Timothy Sikora is Chief Officer of Nextplay Technologies
Age 50
Phone954 888 9779
Webhttps://www.nextplaytechnologies.com

Nextplay Technologies Management Efficiency

The company has return on total asset (ROA) of (0.1286) % which means that it has lost $0.1286 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.565) %, meaning that it created substantial loss on money invested by shareholders. Nextplay Technologies' management efficiency ratios could be used to measure how well Nextplay Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
Nextplay Technologies currently holds 13.17 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Nextplay Technologies has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist Nextplay Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Nextplay Technologies' 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 Nextplay Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nextplay to invest in growth at high rates of return. When we think about Nextplay Technologies' use of debt, we should always consider it together with cash and equity.

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NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, digital asset products and services, connected TV, and travel booking services to consumers and corporations in the United States, Puerto Rico, Europe, and Thailand. The company was incorporated in 2005 and is based in Sunrise, Florida. Nextplay Technologies operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 250 people. Nextplay Technologies [NXTP] is traded as part of a regulated electronic over-the-counter service offered by the NASD. Nextplay Technologies is listed under Transportation category by Fama And French industry classification.

Management Performance

Nextplay Technologies Leadership Team

Elected by the shareholders, the Nextplay Technologies' board of directors comprises two types of representatives: Nextplay Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nextplay. The board's role is to monitor Nextplay Technologies' management team and ensure that shareholders' interests are well served. Nextplay Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nextplay Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Greaves, Chief Officer
William Kerby, CoCEO Director
Mark Vange, Chief Officer
Richard Marshall, Director Development
Nithinan Boonyawattanapisut, CoCEO Director
Timothy Sikora, Chief Officer
Nutthaphol Rungsakhon, Interim Officer

Nextplay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Nextplay Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Nextplay Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextplay Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextplay Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Nextplay OTC Stock

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The ability to find closely correlated positions to Nextplay Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextplay Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextplay Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextplay Technologies to buy it.
The correlation of Nextplay Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextplay Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextplay Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nextplay Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Correlation Analysis to better understand how to build diversified portfolios. 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.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Nextplay OTC Stock

If you are still planning to invest in Nextplay Technologies 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 Nextplay Technologies' history and understand the potential risks before investing.
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