Jackpot Digital Stock Price on November 21, 2024
| JPOTF Stock | USD 0.04 0.0006 1.33% |
If you're considering investing in Jackpot OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jackpot Digital stands at 0.04, as last reported on the 1st of December, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Jackpot Digital holds Efficiency (Sharpe) Ratio of -0.0307, which attests that the entity had a -0.0307% return per unit of risk over the last 3 months. Jackpot Digital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jackpot Digital's Standard Deviation of 3.7, market risk adjusted performance of (0.11), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Jackpot OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jackpot |
Sharpe Ratio = -0.0307
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| Negative Returns | JPOTF |
Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jackpot Digital is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Jackpot Digital by adding Jackpot Digital to a well-diversified portfolio.
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Jackpot Digital Valuation on November 21, 2024
It is possible to determine the worth of Jackpot Digital on a given historical date. On November 21, 2024 Jackpot was worth 0.05 at the beginning of the trading date compared to the closed value of 0.0402. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jackpot Digital otc stock. Still, in general, we apply an absolute valuation method to find Jackpot Digital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jackpot Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jackpot Digital's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
11/21/2024 | 0.05 | 0.05 | 0.04 | 0.04 | 50,449 |
| 0.04 | 0.04 | 0.04 | 0.04 | 920.00 |
| Backtest Jackpot Digital | | | Jackpot Digital History | | | Jackpot Digital Valuation | Previous | Next |
Jackpot Digital Trading Date Momentum on November 21, 2024
| On November 22 2024 Jackpot Digital was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . The daily volume was 920. The net trading volume on 11/22/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 5.72% . The trading delta at closing time to current closing price is 10.45% . |
Jackpot Digital Fundamentals Correlations and Trends
By evaluating Jackpot Digital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jackpot Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jackpot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jackpot Digital OTC Stock history
Jackpot Digital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jackpot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jackpot Digital will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jackpot Digital stock prices may prove useful in developing a viable investing in Jackpot Digital
Jackpot Digital Inc. develops, markets, and leases electronic table games. Jackpot Digital Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada. Jackpot Digital operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 17 people.
Jackpot Digital OTC Stock Technical Analysis
Jackpot Digital technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Jackpot Digital Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Jackpot Digital cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Jackpot Digital December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Jackpot Digital otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jackpot Digital shares will generate the highest return on investment. By undertsting and applying Jackpot Digital otc stock market strength indicators, traders can identify Jackpot Digital entry and exit signals to maximize returns
Jackpot Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jackpot Digital's price direction in advance. Along with the technical and fundamental analysis of Jackpot OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jackpot to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.12) |
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| Volume Indicators |
Complementary Tools for Jackpot OTC Stock analysis
When running Jackpot Digital's price analysis, check to measure Jackpot Digital'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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.
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