Nitro Games (Sweden) Analysis
| NITRO Stock | SEK 2.56 0.02 0.79% |
Nitro Games Oyj is overvalued with Real Value of 2.0 and Hype Value of 2.54. The main objective of Nitro Games stock analysis is to determine its intrinsic value, which is an estimate of what Nitro Games Oyj is worth, separate from its market price. There are two main types of Nitro Games' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nitro Games' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nitro Games' stock to identify patterns and trends that may indicate its future price movements.
The Nitro Games stock is traded in Sweden on Stockholm Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Sweden. Nitro Games is usually not traded on NationalDay, International Workers ' Day, St . John 's Day, All Saints ' Day, Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Epiphany, Good Friday, Easter Sunday, Easter Monday. Nitro Stock trading window is adjusted to Europe/Stockholm timezone.
Nitro |
Nitro Stock Analysis Notes
The company recorded a loss per share of 0.28. Nitro Games Oyj had not issued any dividends in recent years. Nitro Games Oyj develops and publishes games for smartphones and tablets worldwide. The company was founded in 2007 and is headquartered in Kotka, Finland. Nitro Games is traded on Stockholm Stock Exchange in Sweden. To find out more about Nitro Games Oyj contact Jussi BA at 358 4408 22268 or learn more at https://www.nitrogames.com.Nitro Games Oyj Investment Alerts
| Nitro Games Oyj generated a negative expected return over the last 90 days | |
| Nitro Games Oyj has high historical volatility and very poor performance | |
| The company reported the revenue of 2.64 M. Net Loss for the year was (2.89 M) with profit before overhead, payroll, taxes, and interest of 3.2 M. | |
| Nitro Games Oyj has accumulated about 1.66 M in cash with (2.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.63. |
Nitro Games Thematic Classifications
In addition to having Nitro Games 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.
 | ToysToys and games products |
Nitro Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 160.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nitro Games's market, we take the total number of its shares issued and multiply it by Nitro Games's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 28th of November, Nitro Games secures the Standard Deviation of 4.88, mean deviation of 3.05, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nitro Games Oyj, as well as the relationship between them. Please verify Nitro Games Oyj risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Nitro Games Oyj is priced some-what accurately, providing market reflects its recent price of 2.56 per share.Nitro Games Oyj Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nitro Games middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nitro Games Oyj. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nitro Games Outstanding Bonds
Nitro Games 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. Nitro Games Oyj 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 Nitro bonds can be classified according to their maturity, which is the date when Nitro Games Oyj 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.
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Nitro Games Predictive Daily Indicators
Nitro Games 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 Nitro Games 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 | 2683.35 | |||
| Daily Balance Of Power | 0.1667 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 2.6 | |||
| Day Typical Price | 2.59 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | 0.02 |
Nitro Games Forecast Models
Nitro Games' time-series forecasting models are one of many Nitro Games' 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 Nitro Games' 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.About Nitro Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nitro Games 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 Nitro 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 Nitro Games. By using and applying Nitro Stock analysis, traders can create a robust methodology for identifying Nitro entry and exit points for their positions.
Nitro Games Oyj develops and publishes games for smartphones and tablets worldwide. The company was founded in 2007 and is headquartered in Kotka, Finland. Nitro Games is traded on Stockholm Stock Exchange in Sweden.
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Additional Tools for Nitro Stock Analysis
When running Nitro Games' price analysis, check to measure Nitro Games' 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 Nitro Games is operating at the current time. Most of Nitro Games' value examination focuses on studying past and present price action to predict the probability of Nitro Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitro Games' price. Additionally, you may evaluate how the addition of Nitro Games to your portfolios can decrease your overall portfolio volatility.