Deutsche Bank Downgrades SciPlay Corp. to Hold

SCPLDelisted Stock  USD 19.49  0.02  0.10%   
About 62% of Sciplay Corp's investor base is looking to short. The analysis of current outlook of investing in Sciplay Corp suggests that many traders are alarmed regarding Sciplay Corp's prospects. Sciplay Corp's investing sentiment shows overall attitude of investors towards Sciplay Corp.
  
Deutsche Bank analyst Benjamin Soff downgraded SciPlay Corp. from Buy to Hold with a price target of 20.00 . For an analyst ratings summary and...

Read at streetinsider.com
Street Insider News
  

Sciplay Corp Fundamental Analysis

We analyze Sciplay Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sciplay Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sciplay Corp 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.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Sciplay Corp is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Sciplay Corp 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 Sciplay Corp stock to make a market-neutral strategy. Peer analysis of Sciplay Corp could also be used in its relative valuation, which is a method of valuing Sciplay Corp by comparing valuation metrics with similar companies.

Peers

Sciplay Corp Related Equities

NTESNetEase   10.59   
0%
100.0%
MYPSPlaystudios   6.93   
0%
65.0%
SOHUSohuCom   3.04   
0%
28.0%
GRVYGravity   1.94   
0%
18.0%
GDEVGDEV   1.86   
0%
17.0%
GMGIGolden Matrix   0.93   
0%
8.0%
PLTKPlaytika Holding   0.58   
0%
5.0%
SNALSnail,   2.84   
26.0%
0%
DDIDoubledown Interactive   3.70   
34.0%
0%
GAMEGameSquare Holdings   4.90   
46.0%
0%
Check out World Market Map 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 american community survey.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Other Consideration for investing in Sciplay Stock

If you are still planning to invest in Sciplay Corp 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 Sciplay Corp's history and understand the potential risks before investing.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device