Theres No Escaping Enthusiast Gaming Holdings Inc.s Muted Revenues - Simply Wall St
| EGLX Stock | CAD 0.16 0.02 11.11% |
About 62% of Enthusiast Gaming's investor base is looking to short. The analysis of overall sentiment of trading Enthusiast Gaming Holdings stock suggests that many investors are alarmed at this time. Enthusiast Gaming's investing sentiment overview a quick insight into current market opportunities from investing in Enthusiast Gaming Holdings. Many technical investors use Enthusiast Gaming stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Theres No Escaping Enthusiast Gaming Holdings Inc.s Muted Revenues Simply Wall St
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Enthusiast Gaming Fundamental Analysis
We analyze Enthusiast Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enthusiast Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enthusiast Gaming 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.
Current Ratio
Current Ratio Comparative Analysis
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Enthusiast Gaming Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enthusiast Gaming stock to make a market-neutral strategy. Peer analysis of Enthusiast Gaming could also be used in its relative valuation, which is a method of valuing Enthusiast Gaming by comparing valuation metrics with similar companies.
Peers
Enthusiast Gaming Related Equities
| AMZN | Amazon CDR | 2.13 | ||||
| VZ | Verizon Communications | 1.96 | ||||
| GOOG | Alphabet | 1.77 | ||||
| AAPL | Apple | 1.31 | ||||
| BOFA | Bank of America | 1.02 | ||||
| JPM | JPMorgan Chase | 0.63 | ||||
| MSFT | Microsoft Corp | 0.52 | ||||
| BRK | Berkshire Hathaway | 0.17 | ||||
| BNS | Bank of Nova Scotia | 0.10 | ||||
| WMT | Walmart | 1.12 |
Other Information on Investing in Enthusiast Stock
Enthusiast Gaming financial ratios help investors to determine whether Enthusiast 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 Enthusiast with respect to the benefits of owning Enthusiast Gaming security.