Concorde Gaming Stock Performance
| CGAM Stock | USD 0.0001 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Concorde Gaming are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Concorde Gaming has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Concorde Gaming is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | -3.9 M |
Concorde |
Concorde Gaming Relative Risk vs. Return Landscape
If you would invest 0.01 in Concorde Gaming on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Concorde Gaming or generate 0.0% return on investment over 90 days. Concorde Gaming is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Concorde, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Concorde Gaming Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concorde Gaming's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Concorde Gaming, and traders can use it to determine the average amount a Concorde Gaming's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Concorde Gaming is not performing at its full potential. However, 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 Concorde Gaming by adding Concorde Gaming to a well-diversified portfolio.
Concorde Gaming Fundamentals Growth
Concorde Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Concorde Gaming, and Concorde Gaming fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Concorde Pink Sheet performance.
| Return On Equity | -8.29 | |||
| Return On Asset | 0.0161 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 25.05 M | |||
| Shares Outstanding | 25.07 M | |||
| Price To Sales | 0.0001 X | |||
| Revenue | 21.3 M | |||
| EBITDA | 2.55 M | |||
| Cash And Equivalents | 1.03 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 14.22 M | |||
| Book Value Per Share | (0.17) X | |||
| Cash Flow From Operations | 2.3 M | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 25.55 M | |||
About Concorde Gaming Performance
By examining Concorde Gaming's fundamental ratios, stakeholders can obtain critical insights into Concorde Gaming's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Concorde Gaming is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Concorde Gaming Corporation, through its wholly owned subsidiaries, owns and operates casinos. Concorde Gaming Corporation was incorporated in 1976 and is based in Rapid City, South Dakota. CONCORDE GAMING operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 230 people.Things to note about Concorde Gaming performance evaluation
Checking the ongoing alerts about Concorde Gaming for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Concorde Gaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Concorde Gaming generated a negative expected return over the last 90 days | |
| Concorde Gaming has some characteristics of a very speculative penny stock | |
| Concorde Gaming currently holds 14.22 M in liabilities. Concorde Gaming has a current ratio of 0.26, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Concorde Gaming until it has trouble settling it off, either with new capital or with free cash flow. So, Concorde Gaming'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 Concorde Gaming sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Concorde to invest in growth at high rates of return. When we think about Concorde Gaming's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 21.3 M. Net Loss for the year was (649.28 K) with profit before overhead, payroll, taxes, and interest of 9.56 M. |
- Analyzing Concorde Gaming's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Concorde Gaming's stock is overvalued or undervalued compared to its peers.
- Examining Concorde Gaming's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Concorde Gaming's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Concorde Gaming's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Concorde Gaming's pink sheet. These opinions can provide insight into Concorde Gaming's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Concorde Pink Sheet
Concorde Gaming financial ratios help investors to determine whether Concorde Pink Sheet 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 Concorde with respect to the benefits of owning Concorde Gaming security.