Gamelancer Media Corp Stock Target Price
| VRTS Stock | 0.03 0.01 25.00% |
As of the 20th of February, Gamelancer Media retains the Risk Adjusted Performance of 0.0773, downside deviation of 22.5, and Market Risk Adjusted Performance of (0.69). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Gamelancer Media Corp, as well as the relationship between them.
Gamelancer Media Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 6.0423 | Revenue |
Gamelancer | Target Price |
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Gamelancer Fundamentals
| Return On Equity | -2.52 | ||||
| Return On Asset | -0.28 | ||||
| Profit Margin | (1.23) % | ||||
| Operating Margin | (0.41) % | ||||
| Current Valuation | 28.36 M | ||||
| Shares Outstanding | 955.69 M | ||||
| Shares Owned By Insiders | 28.49 % | ||||
| Number Of Shares Shorted | 37.83 K | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 5.09 X | ||||
| Revenue | 4.86 M | ||||
| Gross Profit | 3.16 M | ||||
| EBITDA | (808.87 K) | ||||
| Net Income | (2.37 M) | ||||
| Total Debt | 5.64 M | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (952.07 K) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 3.01 | ||||
| Market Capitalization | 23.89 M | ||||
| Total Asset | 4.87 M | ||||
| Retained Earnings | (70.43 M) | ||||
| Net Asset | 4.87 M |
About Gamelancer Media Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gamelancer Media Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gamelancer Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gamelancer Media Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with Gamelancer Media
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 Gamelancer Media 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 Gamelancer Media will appreciate offsetting losses from the drop in the long position's value.Moving against Gamelancer Stock
| 0.44 | AIM | Aimia Inc | PairCorr |
| 0.39 | FTT | Finning International | PairCorr |
| 0.36 | TVE | Tamarack Valley Energy Earnings Call This Week | PairCorr |
| 0.35 | ACQ | Autocanada | PairCorr |
| 0.33 | DSV | Discovery Silver Corp | PairCorr |
The ability to find closely correlated positions to Gamelancer Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamelancer Media 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 Gamelancer Media - 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 Gamelancer Media Corp to buy it.
The correlation of Gamelancer Media 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 Gamelancer Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamelancer Media Corp 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 Gamelancer Media 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.Other Information on Investing in Gamelancer Stock
Gamelancer Media financial ratios help investors to determine whether Gamelancer Stock 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 Gamelancer with respect to the benefits of owning Gamelancer Media security.