Good Gaming Revenue vs. EBITDA
| GMER Stock | USD 0.01 0 13.75% |
For Good Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Good Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Good Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Good Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Good Gaming over time as well as its relative position and ranking within its peers.
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Good Gaming EBITDA vs. Revenue Fundamental Analysis
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. Good Gaming is rated # 5 in revenue category among its peers. It is rated # 2 in ebitda category among its peers totaling about 1.04 of EBITDA per Revenue. 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 Revenue vs. Competition
Good Gaming is rated # 5 in revenue category among its peers. Market size based on revenue of Gambling industry is currently estimated at about 903.54 Million. Good Gaming adds roughly 374,881 in revenue claiming only tiny portion of equities under Gambling industry.
Good EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Good Gaming |
| = | 374.88 K |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Good Gaming |
| = | 389.75 K |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Good EBITDA Comparison
Good Gaming is currently under evaluation in ebitda category among its peers.
Good Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Good Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Good Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Good Gaming's change in net profit over the period of time. It can combine multiple indicators of Good Gaming, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Good Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Good Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Good Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Good Gaming's important profitability drivers and their relationship over time.
Use Good Gaming in pair-trading
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.Good Gaming Pair Trading
Good Gaming Pair Trading Analysis
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.Use Investing Themes to Complement your Good Gaming position
In addition to having Good Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.