Jackpot Digital Stock Analysis

JPOTF Stock  USD 0.04  0.0006  1.33%   
Jackpot Digital is overvalued with Real Value of 0.0376 and Hype Value of 0.04. The main objective of Jackpot Digital otc analysis is to determine its intrinsic value, which is an estimate of what Jackpot Digital is worth, separate from its market price. There are two main types of Jackpot Digital's stock analysis: fundamental analysis and technical analysis.
The Jackpot Digital otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Jackpot Digital's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jackpot Digital. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Jackpot OTC Stock Analysis Notes

About 14.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.06. Jackpot Digital last dividend was issued on the 1st of May 2020. The entity had 1:10 split on the 1st of May 2020. 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.The quote for Jackpot Digital is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Jackpot Digital call Jacob Kalpakian at 604 681 0204 or check out https://www.jackpotdigital.com.

Jackpot Digital Investment Alerts

Jackpot Digital generated a negative expected return over the last 90 days
Jackpot Digital has some characteristics of a very speculative penny stock
Jackpot Digital has high historical volatility and very poor performance
Jackpot Digital has a very high chance of going through financial distress in the upcoming years
Jackpot Digital has accumulated 4.27 M in total debt. Jackpot Digital has a current ratio of 0.1, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jackpot Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Jackpot Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jackpot Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jackpot to invest in growth at high rates of return. When we think about Jackpot Digital's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 419.75 K. Net Loss for the year was (6.56 M) with profit before overhead, payroll, taxes, and interest of 312.74 K.
Jackpot Digital has accumulated about 161.72 K in cash with (2.88 M) of positive cash flow from operations.

Jackpot Digital Thematic Classifications

In addition to having Jackpot Digital otc stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Gambling Idea
Gambling
Equities that are issued by public entities related to gambling services or online betting technology

Jackpot Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jackpot Digital's market, we take the total number of its shares issued and multiply it by Jackpot Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 29th of November, Jackpot Digital retains the Market Risk Adjusted Performance of (0.11), risk adjusted performance of (0.02), and Standard Deviation of 3.7. Jackpot Digital technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Jackpot Digital, which can be compared to its competitors. Please check out Jackpot Digital market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Jackpot Digital is priced fairly, providing market reflects its last-minute price of 0.0444 per share. As Jackpot Digital appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Jackpot Digital Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Jackpot Digital middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Jackpot Digital. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Jackpot Digital Predictive Daily Indicators

Jackpot Digital intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Jackpot Digital otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Jackpot Digital Forecast Models

Jackpot Digital's time-series forecasting models are one of many Jackpot Digital's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Jackpot Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Jackpot OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Jackpot Digital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Jackpot shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Jackpot Digital. By using and applying Jackpot OTC Stock analysis, traders can create a robust methodology for identifying Jackpot entry and exit points for their positions.
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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Jackpot Digital to your portfolios without increasing risk or reducing expected return.

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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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