Jackpot Digital Stock Performance
| JJ Stock | CAD 0.07 0.01 7.14% |
The company retains a Market Volatility (i.e., Beta) of -0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jackpot Digital are expected to decrease at a much lower rate. During the bear market, Jackpot Digital is likely to outperform the market. At this point, Jackpot Digital has a negative expected return of -0.0192%. Please make sure to check out Jackpot Digital's variance and the relationship between the skewness and relative strength index , to decide if Jackpot Digital performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Jackpot Digital has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Jackpot Digital is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Last Split Factor 1:10 | Dividend Date 2020-05-01 | Last Split Date 2020-05-01 |
1 | Jackpot Digital Completes 4-Table Installation at Gold Country Casino Resort in California - StockTitan | 09/05/2024 |
2 | Jackpot Digital Receives Approval from the Saskatchewan Liquor and Gaming Authority - Marketscreener.com | 09/30/2024 |
3 | Jackpot Buys Out 52 Gaming Royalty - StockTitan | 11/04/2024 |
| Begin Period Cash Flow | 101.3 K |
Jackpot |
Jackpot Digital Relative Risk vs. Return Landscape
If you would invest 7.00 in Jackpot Digital on August 24, 2024 and sell it today you would lose (0.50) from holding Jackpot Digital or give up 7.14% of portfolio value over 90 days. Jackpot Digital is currently does not generate positive expected returns and assumes 4.5332% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of stocks are less volatile than Jackpot, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Jackpot Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jackpot Digital's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Jackpot Digital, and traders can use it to determine the average amount a Jackpot Digital'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 = -0.0042
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| Negative Returns | JJ |
Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jackpot Digital 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 Jackpot Digital by adding Jackpot Digital to a well-diversified portfolio.
Jackpot Digital Fundamentals Growth
Jackpot Stock prices reflect investors' perceptions of the future prospects and financial health of Jackpot Digital, and Jackpot Digital 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 Jackpot Stock performance.
| Return On Asset | -0.24 | ||||
| Profit Margin | (1.67) % | ||||
| Operating Margin | (0.78) % | ||||
| Current Valuation | 19.7 M | ||||
| Shares Outstanding | 185.85 M | ||||
| Price To Sales | 4.76 X | ||||
| Revenue | 2.06 M | ||||
| Gross Profit | 312.74 K | ||||
| EBITDA | (1.99 M) | ||||
| Net Income | (3.28 M) | ||||
| Cash And Equivalents | 926.06 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 270.34 K | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (2.47 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 5.95 M | ||||
| Retained Earnings | (75.44 M) | ||||
About Jackpot Digital Performance
Evaluating Jackpot Digital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Jackpot Digital 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 Jackpot Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Jackpot Digital Inc. develops, markets, leases, and provides electronic table games. Jackpot Digital Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada. JACKPOT DIGITAL operates under Gambling classification in Exotistan and is traded on Commodity Exchange.Things to note about Jackpot Digital performance evaluation
Checking the ongoing alerts about Jackpot Digital for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Jackpot Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Jackpot Digital generated a negative expected return over the last 90 days | |
| Jackpot Digital has some characteristics of a very speculative penny stock | |
| Jackpot Digital has high historical volatility and very poor performance | |
| Jackpot Digital currently holds 270.34 K in liabilities. Jackpot Digital has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Jackpot Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Jackpot Digital'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 Jackpot Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jackpot to invest in growth at high rates of return. When we think about Jackpot Digital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.06 M. Net Loss for the year was (3.28 M) with profit before overhead, payroll, taxes, and interest of 312.74 K. | |
| Jackpot Digital currently holds about 926.06 K in cash with (2.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jackpot Buys Out 52 Gaming Royalty - StockTitan |
- Analyzing Jackpot Digital'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 Jackpot Digital's stock is overvalued or undervalued compared to its peers.
- Examining Jackpot Digital'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 Jackpot Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jackpot Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jackpot Digital's stock. These opinions can provide insight into Jackpot Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Jackpot Stock Analysis
When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.