NO GRAVITY Financials
| 8YX Stock | 0.01 0 17.11% |
8YX |
Understanding current and past NO GRAVITY Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NO GRAVITY's financial statements are interrelated, with each one affecting the others. For example, an increase in NO GRAVITY's assets may result in an increase in income on the income statement.
The data published in NO GRAVITY's official financial statements usually reflect NO GRAVITY's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of NO GRAVITY GAMES. For example, before you start analyzing numbers published by 8YX accountants, it's critical to develop an understanding of what NO GRAVITY's liquidity, profitability, and earnings quality are in the context of the Electronic Gaming & Multimedia space in which it operates.
Please note, the presentation of NO GRAVITY's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NO GRAVITY's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in NO GRAVITY's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NO GRAVITY GAMES. Please utilize our Beneish M Score to check the likelihood of NO GRAVITY's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | PLSITE000013 |
| Industry | Electronic Gaming & Multimedia |
| Benchmark | NYSE Composite |
You should never invest in NO GRAVITY without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 8YX Stock, because this is throwing your money away. Analyzing the key information contained in NO GRAVITY's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NO GRAVITY Key Financial Ratios
Generally speaking, NO GRAVITY's financial ratios allow both analysts and investors to convert raw data from NO GRAVITY's financial statements into concise, actionable information that can be used to evaluate the performance of NO GRAVITY over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NO GRAVITY GAMES reports annually and quarterly.| Return On Equity | -0.0876 | |||
| Return On Asset | -0.0198 | |||
| Beta | 0.31 |
8YX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NO GRAVITY's current stock value. Our valuation model uses many indicators to compare NO GRAVITY value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NO GRAVITY competition to find correlations between indicators driving NO GRAVITY's intrinsic value. More Info.NO GRAVITY GAMES is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value NO GRAVITY by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NO GRAVITY's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NO GRAVITY's earnings, one of the primary drivers of an investment's value.NO GRAVITY GAMES Systematic Risk
NO GRAVITY's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NO GRAVITY volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NO GRAVITY GAMES correlated with the market. If Beta is less than 0 NO GRAVITY generally moves in the opposite direction as compared to the market. If NO GRAVITY Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NO GRAVITY GAMES is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NO GRAVITY is generally in the same direction as the market. If Beta > 1 NO GRAVITY moves generally in the same direction as, but more than the movement of the benchmark.
About NO GRAVITY Financials
What exactly are NO GRAVITY Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include NO GRAVITY's income statement, its balance sheet, and the statement of cash flows. Potential NO GRAVITY investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NO GRAVITY investors may use each financial statement separately, they are all related. The changes in NO GRAVITY's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NO GRAVITY's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze NO GRAVITY Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as NO GRAVITY is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of 8YX has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if NO GRAVITY's financials are consistent with your investment objective using the following steps:- Review NO GRAVITY's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand NO GRAVITY's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare NO GRAVITY's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if NO GRAVITY's stock is overvalued or undervalued.
NO GRAVITY Thematic Clasifications
NO GRAVITY GAMES is part of Toys investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Toys and games products. Companies producing and distributing toys and different gaming products for kids
This theme covers Toys and games products. Companies producing and distributing toys and different gaming products for kids. Get More Thematic Ideas
| Toys | View |
NO GRAVITY May 7, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NO GRAVITY help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NO GRAVITY GAMES. We use our internally-developed statistical techniques to arrive at the intrinsic value of NO GRAVITY GAMES based on widely used predictive technical indicators. In general, we focus on analyzing 8YX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NO GRAVITY's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0327 | |||
| Maximum Drawdown | 40.79 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 6.25 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NO GRAVITY GAMES. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for 8YX Stock analysis
When running NO GRAVITY's price analysis, check to measure NO GRAVITY'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 NO GRAVITY is operating at the current time. Most of NO GRAVITY's value examination focuses on studying past and present price action to predict the probability of NO GRAVITY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NO GRAVITY's price. Additionally, you may evaluate how the addition of NO GRAVITY to your portfolios can decrease your overall portfolio volatility.
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