Good Gaming Stock Fundamentals
| GMER Stock | USD 0.01 0.0003 3.19% |
Good Gaming fundamentals help investors to digest information that contributes to Good Gaming's financial success or failures. It also enables traders to predict the movement of Good OTC Stock. The fundamental analysis module provides a way to measure Good Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Good Gaming otc stock.
Good |
Good Gaming OTC Stock Operating Margin Analysis
Good Gaming's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Good Gaming Operating Margin | (41.75) % |
Most of Good Gaming's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Good Gaming is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Good Gaming has an Operating Margin of -41.7458%. This is 752.28% lower than that of the Consumer Cyclical sector and notably higher than that of the Gambling industry. The operating margin for all United States stocks is notably higher than that of the company.
Good Gaming Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Good Gaming's current stock value. Our valuation model uses many indicators to compare Good Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Good Gaming competition to find correlations between indicators driving Good Gaming's intrinsic value. More Info.Good Gaming is rated # 2 in return on asset category among its peers. It is one of the top stocks in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Good Gaming's earnings, one of the primary drivers of an investment's value.Good Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Good Gaming's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Good Gaming could also be used in its relative valuation, which is a method of valuing Good Gaming by comparing valuation metrics of similar companies.Good Gaming is currently under evaluation in operating margin category among its peers.
Good Fundamentals
| Return On Asset | -1.55 | |||
| Profit Margin | 286.37 % | |||
| Operating Margin | (41.75) % | |||
| Current Valuation | 1.65 M | |||
| Shares Outstanding | 108.7 M | |||
| Shares Owned By Insiders | 5.39 % | |||
| Price To Earning | 1.32 X | |||
| Price To Book | 4.24 X | |||
| Price To Sales | 67.74 X | |||
| Revenue | 374.88 K | |||
| Gross Profit | 337.19 K | |||
| EBITDA | 389.75 K | |||
| Net Income | 338.41 K | |||
| Cash And Equivalents | 1.55 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 6.63 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 3.53 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (755.2 K) | |||
| Earnings Per Share | 0.17 X | |||
| Beta | -0.14 | |||
| Market Capitalization | 4.48 M | |||
| Total Asset | 2.73 M | |||
| Retained Earnings | (3.41 M) | |||
| Working Capital | (526 K) | |||
| Current Asset | 393 K | |||
| Current Liabilities | 919 K | |||
| Net Asset | 2.73 M |
About Good Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Good Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Good Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Good Gaming based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Good Gaming, Inc. operates tournament gaming platform and online destination targeting esports players and participants that want to compete at the high school or college level worldwide. The company was incorporated in 2008 and is based in Kennett Square, Pennsylvania. Good Gaming operates under Gambling classification in the United States and is traded on OTC Exchange.
Pair Trading with Good Gaming
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 Good Gaming 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 Good Gaming will appreciate offsetting losses from the drop in the long position's value.Moving against Good OTC Stock
| 0.54 | PTAIF | PT Astra International | PairCorr |
| 0.5 | SSNLF | Samsung Electronics | PairCorr |
| 0.47 | PIFMY | Indofood Sukses Makmur | PairCorr |
| 0.4 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.33 | ARLUF | Aristocrat Leisure | PairCorr |
The ability to find closely correlated positions to Good Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Good Gaming 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 Good Gaming - 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 Good Gaming to buy it.
The correlation of Good Gaming 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 Good Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Good Gaming 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 Good Gaming 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.Additional Tools for Good OTC Stock Analysis
When running Good Gaming's price analysis, check to measure Good 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 Good Gaming is operating at the current time. Most of Good Gaming's value examination focuses on studying past and present price action to predict the probability of Good 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 Good Gaming's price. Additionally, you may evaluate how the addition of Good Gaming to your portfolios can decrease your overall portfolio volatility.