High Roller Technologies, Stock Beta
| ROLR Stock | 5.88 0.42 6.67% |
High Roller Technologies, fundamentals help investors to digest information that contributes to High Roller's financial success or failures. It also enables traders to predict the movement of High Stock. The fundamental analysis module provides a way to measure High Roller's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to High Roller stock.
High | Beta |
High Roller Technologies, Company Beta Analysis
High Roller's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
High Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for High Roller is extremely important. It helps to project a fair market value of High Stock properly, considering its historical fundamentals such as Beta. Since High Roller's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of High Roller's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of High Roller's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, High Roller Technologies, has a Beta of 0.0. This is 100.0% lower than that of the Consumer Cyclical sector and 100.0% lower than that of the Gambling industry. The beta for all United States stocks is 100.0% lower than that of the firm.
High Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Roller's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of High Roller could also be used in its relative valuation, which is a method of valuing High Roller by comparing valuation metrics of similar companies.High Roller is currently under evaluation in beta category among its peers.
High Fundamentals
| Revenue | 29.67 M | ||||
| Net Income | (2.82 M) | ||||
| Total Debt | 9.48 M | ||||
| Cash Flow From Operations | 763.02 K | ||||
| Number Of Employees | 55 | ||||
| Total Asset | 11.79 M | ||||
| Retained Earnings | (21.22 M) | ||||
| Working Capital | (4.58 M) | ||||
| Net Asset | 11.79 M |
About High Roller Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Roller Technologies,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Roller using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Roller Technologies, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with High Roller
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 High Roller 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 High Roller will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to High Roller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Roller 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 High Roller - 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 High Roller Technologies, to buy it.
The correlation of High Roller 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 High Roller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Roller Technologies, 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 High Roller 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.Additional Tools for High Stock Analysis
When running High Roller's price analysis, check to measure High Roller'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 High Roller is operating at the current time. Most of High Roller's value examination focuses on studying past and present price action to predict the probability of High Roller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Roller's price. Additionally, you may evaluate how the addition of High Roller to your portfolios can decrease your overall portfolio volatility.