Gameon Entertainment Technologies Stock Performance
| GMETF Stock | USD 0.01 0 16.67% |
GameOn Entertainment holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GameOn Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding GameOn Entertainment is expected to be smaller as well. Use GameOn Entertainment Technologies sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on GameOn Entertainment Technologies.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in GameOn Entertainment Technologies are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, GameOn Entertainment reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 135.5 K | |
| Total Cashflows From Investing Activities | 1.7 M |
GameOn |
GameOn Entertainment Relative Risk vs. Return Landscape
If you would invest 1.41 in GameOn Entertainment Technologies on November 18, 2024 and sell it today you would lose (0.71) from holding GameOn Entertainment Technologies or give up 50.35% of portfolio value over 90 days. GameOn Entertainment Technologies is currently producing 2.711% returns and takes up 30.0229% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than GameOn, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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GameOn Entertainment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GameOn Entertainment's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as GameOn Entertainment Technologies, and traders can use it to determine the average amount a GameOn Entertainment'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 = 0.0903
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| Good Returns | GMETF | |||
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Estimated Market Risk
| 30.02 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.71 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average GameOn Entertainment is performing at about 7% of its full potential. 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 GameOn Entertainment by adding it to a well-diversified portfolio.
GameOn Entertainment Fundamentals Growth
GameOn OTC Stock prices reflect investors' perceptions of the future prospects and financial health of GameOn Entertainment, and GameOn Entertainment 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 GameOn OTC Stock performance.
| Return On Equity | -1.1 | |||
| Return On Asset | -0.38 | |||
| Operating Margin | (9.63) % | |||
| Current Valuation | 4.64 M | |||
| Shares Outstanding | 64.73 M | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 6.32 X | |||
| Revenue | 12.66 K | |||
| EBITDA | (8.19 M) | |||
| Cash And Equivalents | 4.72 K | |||
| Total Debt | 40.69 K | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (5.4 M) | |||
| Total Asset | 6.17 M | |||
About GameOn Entertainment Performance
By analyzing GameOn Entertainment's fundamental ratios, stakeholders can gain valuable insights into GameOn Entertainment's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GameOn Entertainment has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if GameOn Entertainment has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GameOn Entertainment Technologies Inc. provides white label game technologies. GameOn Entertainment Technologies Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. Gameon Entertainment operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange.Things to note about GameOn Entertainment performance evaluation
Checking the ongoing alerts about GameOn Entertainment for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for GameOn Entertainment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GameOn Entertainment is way too risky over 90 days horizon | |
| GameOn Entertainment has some characteristics of a very speculative penny stock | |
| GameOn Entertainment appears to be risky and price may revert if volatility continues | |
| GameOn Entertainment Technologies has accumulated 40.69 K in total debt with debt to equity ratio (D/E) of 0.6, which is about average as compared to similar companies. GameOn Entertainment has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GameOn Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, GameOn Entertainment'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 GameOn Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GameOn to invest in growth at high rates of return. When we think about GameOn Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 12.66 K. Net Loss for the year was (9.07 M) with profit before overhead, payroll, taxes, and interest of 12.66 K. | |
| GameOn Entertainment Technologies has accumulated about 4.72 K in cash with (5.4 M) of positive cash flow from operations. | |
| Roughly 33.0% of GameOn Entertainment shares are held by company insiders |
- Analyzing GameOn Entertainment'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 GameOn Entertainment's stock is overvalued or undervalued compared to its peers.
- Examining GameOn Entertainment'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 GameOn Entertainment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GameOn Entertainment's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of GameOn Entertainment's otc stock. These opinions can provide insight into GameOn Entertainment's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GameOn OTC Stock analysis
When running GameOn Entertainment's price analysis, check to measure GameOn Entertainment'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 GameOn Entertainment is operating at the current time. Most of GameOn Entertainment's value examination focuses on studying past and present price action to predict the probability of GameOn Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GameOn Entertainment's price. Additionally, you may evaluate how the addition of GameOn Entertainment to your portfolios can decrease your overall portfolio volatility.
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