No Gravity Games Stock Return On Asset
| 8YX Stock | 0.01 0 14.55% |
NO GRAVITY GAMES fundamentals help investors to digest information that contributes to NO GRAVITY's financial success or failures. It also enables traders to predict the movement of 8YX Stock. The fundamental analysis module provides a way to measure NO GRAVITY'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 NO GRAVITY stock.
8YX |
NO GRAVITY GAMES Company Return On Asset Analysis
NO GRAVITY's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current NO GRAVITY Return On Asset | -0.0198 |
Most of NO GRAVITY's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NO GRAVITY GAMES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, NO GRAVITY GAMES has a Return On Asset of -0.0198. This is much lower than that of the sector and significantly lower than that of the Electronic Gaming & Multimedia industry. The return on asset for all Germany stocks is notably higher than that of the company.
8YX Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NO GRAVITY's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NO GRAVITY could also be used in its relative valuation, which is a method of valuing NO GRAVITY by comparing valuation metrics of similar companies.NO GRAVITY is currently under evaluation in return on asset category among related companies.
8YX Fundamentals
| Return On Equity | -0.0876 | |||
| Return On Asset | -0.0198 | |||
| Profit Margin | (0.1) % | |||
| Shares Outstanding | 169.76 M | |||
| Shares Owned By Insiders | 23.02 % | |||
| Gross Profit | 2.54 M | |||
| Beta | 0.31 | |||
| Market Capitalization | 3.94 M |
About NO GRAVITY Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NO GRAVITY GAMES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NO GRAVITY using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NO GRAVITY GAMES 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NO GRAVITY in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NO GRAVITY's short interest history, or implied volatility extrapolated from NO GRAVITY options trading.
Thematic Opportunities
Explore Investment Opportunities
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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