We recommend to use Playgon Games fundamental analysis to find out if markets are presently mispricing the firm. Put it differently you can utilize it to find out if Playgon Games is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze twenty-nine available financial ratios for Playgon Games, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Playgon Games to be traded at C$0.0143 in 90 days. Key indicators impacting Playgon Games' financial strength include:
Understanding current and past Playgon Games Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Playgon Games' financial statements are interrelated, with each one affecting the others. For example, an increase in Playgon Games' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Playgon Games' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Playgon Games. Check Playgon Games' Beneish M Score to see the likelihood of Playgon Games' management manipulating its earnings.
Playgon Games Stock Summary
Playgon Games competes with Nubeva Technologies, and Quisitive Technology. Playgon Games Inc. operates in the daily fantasy sports industry. Playgon Games Inc. was incorporated in 1985 and is headquartered in Vancouver, Canada. PLAYGON GAMES operates under Electronic Gaming Multimedia classification in Exotistan and is traded on Commodity Exchange.
You should never invest in Playgon Games without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Playgon Stock, because this is throwing your money away. Analyzing the key information contained in Playgon Games' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Playgon Games Key Financial Ratios
There are many critical financial ratios that Playgon Games' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Playgon Games reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Playgon Games's current stock value. Our valuation model uses many indicators to compare Playgon Games value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Playgon Games competition to find correlations between indicators driving Playgon Games's intrinsic value. More Info.
Playgon Games is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . At this time, Playgon Games' Return On Equity is fairly stable compared to the past year. 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 Playgon Games' earnings, one of the primary drivers of an investment's value.
Playgon Games Systematic Risk
Playgon Games' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Playgon Games volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Playgon Games correlated with the market. If Beta is less than 0 Playgon Games generally moves in the opposite direction as compared to the market. If Playgon Games Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Playgon Games is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Playgon Games is generally in the same direction as the market. If Beta > 1 Playgon Games moves generally in the same direction as, but more than the movement of the benchmark.
Playgon Games Total Assets Over Time
Playgon Games Thematic Clasifications
Playgon Games is part of several thematic ideas from Toys to Recreation. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Playgon Games Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Playgon Games' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Playgon Games growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Playgon Games help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Playgon Games. We use our internally-developed statistical techniques to arrive at the intrinsic value of Playgon Games based on widely used predictive technical indicators. In general, we focus on analyzing Playgon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Playgon Games's daily price indicators and compare them against related drivers.
When running Playgon Games' price analysis, check to measure Playgon 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.