Champion Gaming Shares Outstanding vs. Revenue
| WGRFF Stock | USD 0 0.05 94.00% |
For Champion Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Champion Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Champion Gaming Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Champion Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Champion Gaming Group over time as well as its relative position and ranking within its peers.
Champion |
Champion Gaming Group Revenue vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Champion Gaming's current stock value. Our valuation model uses many indicators to compare Champion Gaming value to that of its competitors to determine the firm's financial worth. Champion Gaming Group is rated first in shares outstanding category among its peers. It is rated first in revenue category among its peers totaling about 0.02 of Revenue per Shares Outstanding. The ratio of Shares Outstanding to Revenue for Champion Gaming Group is roughly 40.80 . 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 Champion Gaming's earnings, one of the primary drivers of an investment's value.Champion Revenue vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Champion Gaming |
| = | 72.25 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
Champion Gaming |
| = | 1.77 M |
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.
Champion Revenue vs Competition
Champion Gaming Group is rated first in revenue category among its peers. Market size based on revenue of Electronic Gaming & Multimedia industry is at this time estimated at about 36.32 Billion. Champion Gaming adds roughly 1.77 Million in revenue claiming only tiny portion of equities under Electronic Gaming & Multimedia industry.
Champion Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Champion Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Champion Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Champion Gaming's change in net profit over the period of time. It can combine multiple indicators of Champion 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.
Champion Gaming Group Inc. operates as a sports content, data, and analytics company. Its sports analytical and data solutions to customers include a customized probability engine interactive sports matchup models spread and overunder distributions and sports statistics and historical data statistics. Champion Gaming operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange.
Champion Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Champion 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 Champion 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 Champion Gaming's important profitability drivers and their relationship over time.
Use Champion 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 Champion 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 Champion Gaming will appreciate offsetting losses from the drop in the long position's value.Champion Gaming Pair Trading
Champion Gaming Group Pair Trading Analysis
The ability to find closely correlated positions to Champion 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 Champion 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 Champion 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 Champion Gaming Group to buy it.
The correlation of Champion 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 Champion Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Gaming Group 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 Champion 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 Champion Gaming position
In addition to having Champion 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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Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Machinery Theme or any other thematic opportunities.
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Other Information on Investing in Champion Pink Sheet
To fully project Champion Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Champion Gaming Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Champion Gaming's income statement, its balance sheet, and the statement of cash flows.