Elys Game Technology, Corp. Just Reported Earnings, And Analysts Cut Their Target Price
Slightly above 67% of Elys Game's investor base is looking to short. The analysis of overall sentiment of trading Elys Game Technology pink sheet suggests that many investors are alarmed at this time. Elys Game's investing sentiment can be driven by a variety of factors including economic data, Elys Game's earnings reports, geopolitical events, and overall market trends.
Elys Game pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Elys daily returns and investor perception about the current price of Elys Game Technology as well as its diversification or hedging effects on your existing portfolios.
Elys |
Its been a mediocre week for Elys Game Technology, Corp. shareholders, with the stock dropping 13 percent to...
Read at finance.yahoo.com
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Elys Game Fundamental Analysis
We analyze Elys Game's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elys Game using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elys Game 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Elys Game is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Elys Game Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elys Game pink sheet to make a market-neutral strategy. Peer analysis of Elys Game could also be used in its relative valuation, which is a method of valuing Elys Game by comparing valuation metrics with similar companies.
Peers
Elys Game Related Equities
LTRY | Lottery, Common | 14.18 | ||||
RSI | Rush Street | 3.18 | ||||
GMVHF | Entain Plc | 2.44 | ||||
INSE | Inspired Entertainment | 0.82 | ||||
GAN | Gan | 0.57 | ||||
EVRI | Everi Holdings | 0.07 | ||||
EIHDF | 888 Holdings | 3.33 | ||||
PBTHF | PointsBet Holdings | 5.17 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in Elys Pink Sheet
If you are still planning to invest in Elys Game Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elys Game's history and understand the potential risks before investing.
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