Golden Matrix Group Stock Analysis
| GMGI Stock | USD 0.64 0.07 12.28% |
Golden Matrix Group holds a debt-to-equity ratio of 0.006. With a high degree of financial leverage come high-interest payments, which usually reduce Golden Matrix's Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
Golden Matrix's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Golden Matrix's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Golden Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Golden Matrix's stakeholders.
For many companies, including Golden Matrix, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Golden Matrix Group, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Golden Matrix's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Golden Matrix's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Golden Matrix is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Golden Matrix to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Golden Matrix is said to be less leveraged. If creditors hold a majority of Golden Matrix's assets, the Company is said to be highly leveraged.
Golden Matrix Group is undervalued with Real Value of 1.17 and Hype Value of 0.62. The main objective of Golden Matrix stock analysis is to determine its intrinsic value, which is an estimate of what Golden Matrix Group is worth, separate from its market price. There are two main types of Golden Matrix's stock analysis: fundamental analysis and technical analysis.
The Golden Matrix stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Golden Matrix's ongoing operational relationships across important fundamental and technical indicators.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Golden Stock Analysis Notes
About 85.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.65. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Matrix Group recorded a loss per share of 0.04. The entity last dividend was issued on the 26th of June 2020. The firm had 1:150 split on the 26th of June 2020. Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada. Golden Matrix operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 17 people. To learn more about Golden Matrix Group call Anthony Goodman at 702 318 7548 or check out https://goldenmatrix.com.Golden Matrix Group Investment Alerts
| Golden Matrix Group generated a negative expected return over the last 90 days | |
| Golden Matrix Group has high historical volatility and very poor performance | |
| Golden Matrix Group has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 151.12 M. Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 101.75 M. | |
| Golden Matrix Group has a poor financial position based on the latest SEC disclosures | |
| About 85.0% of the company shares are held by company insiders |
Golden Matrix Thematic Classifications
In addition to having Golden Matrix stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Video GamesEquities that are involved in video gaming space | |
 | CasinosEquities that are issued by public entities related to physical casinos and gambling services or online betting games |
Golden Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 80.55 M.Golden Profitablity
The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.Technical Drivers
As of the 10th of February, Golden Matrix retains the Standard Deviation of 5.24, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.95). Golden Matrix technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Golden Matrix Group Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Golden Matrix price series with the more recent values given greater weights.
Golden Matrix Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Golden Matrix insiders, such as employees or executives, is commonly permitted as long as it does not rely on Golden Matrix's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Golden Matrix insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Golden Matrix Outstanding Bonds
Golden Matrix issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Golden Matrix Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Golden bonds can be classified according to their maturity, which is the date when Golden Matrix Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Golden Matrix Predictive Daily Indicators
Golden Matrix intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Golden Matrix stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 9279.52 | |||
| Daily Balance Of Power | 1.75 | |||
| Rate Of Daily Change | 1.12 | |||
| Day Median Price | 0.64 | |||
| Day Typical Price | 0.64 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 |
Golden Matrix Forecast Models
Golden Matrix's time-series forecasting models are one of many Golden Matrix's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Golden Matrix's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Golden Matrix Bond Ratings
Golden Matrix Group financial ratings play a critical role in determining how much Golden Matrix have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Golden Matrix's borrowing costs.| Piotroski F Score | 4 | Poor | View |
| Beneish M Score | (2.90) | Unlikely Manipulator | View |
Golden Matrix Group Debt to Cash Allocation
As Golden Matrix Group follows its natural business cycle, the capital allocation decisions will not magically go away. Golden Matrix's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Golden Matrix Group currently holds 39.35 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Golden Matrix Group has a current ratio of 5.41, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Golden Matrix's use of debt, we should always consider it together with its cash and equity.Golden Matrix Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Golden Matrix's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Golden Matrix, which in turn will lower the firm's financial flexibility.Golden Matrix Corporate Bonds Issued
Most Golden bonds can be classified according to their maturity, which is the date when Golden Matrix Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Golden Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Golden Matrix prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Golden shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Golden Matrix. By using and applying Golden Stock analysis, traders can create a robust methodology for identifying Golden entry and exit points for their positions.
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada. Golden Matrix operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 17 people.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Golden Matrix to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Equity Analysis Now
Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
| All Next | Launch Module |
Complementary Tools for Golden Stock analysis
When running Golden Matrix's price analysis, check to measure Golden Matrix'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 Golden Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Prophet Use AI to generate optimal portfolios and find profitable investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world |