Tiidal Gaming Group Stock Beta
| TIIDF Stock | USD 0.09 0.05 148.62% |
Tiidal Gaming Group fundamentals help investors to digest information that contributes to Tiidal Gaming's financial success or failures. It also enables traders to predict the movement of Tiidal Pink Sheet. The fundamental analysis module provides a way to measure Tiidal Gaming'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 Tiidal Gaming pink sheet.
Tiidal |
Tiidal Gaming Group Company Beta Analysis
Tiidal Gaming's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Tiidal Gaming Group has a Beta of 0.0. This is 100.0% lower than that of the Communication Services sector and about the same as Electronic Gaming & Multimedia (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Tiidal Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tiidal Gaming's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tiidal Gaming could also be used in its relative valuation, which is a method of valuing Tiidal Gaming by comparing valuation metrics of similar companies.Tiidal Gaming is currently under evaluation in beta category among related companies.
Tiidal Fundamentals
| Return On Equity | -5.22 | |||
| Return On Asset | -0.88 | |||
| Operating Margin | (14.74) % | |||
| Current Valuation | 4.64 M | |||
| Shares Outstanding | 76.24 M | |||
| Shares Owned By Insiders | 57.30 % | |||
| Shares Owned By Institutions | 0.86 % | |||
| Price To Book | 6.56 X | |||
| Price To Sales | 17.68 X | |||
| Revenue | 429.4 K | |||
| Gross Profit | 187.95 K | |||
| EBITDA | (1.71 M) | |||
| Net Income | (1.95 M) | |||
| Cash And Equivalents | 146.88 K | |||
| Total Debt | 326.73 K | |||
| Debt To Equity | 0.16 % | |||
| Current Ratio | 0.64 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (430.31 K) | |||
| Earnings Per Share | (0.07) X | |||
| Market Capitalization | 6.86 M | |||
| Total Asset | 6.1 M | |||
| Z Score | 12.6 | |||
| Net Asset | 6.1 M |
About Tiidal Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tiidal Gaming Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tiidal Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tiidal Gaming Group 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.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tiidal Gaming Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Tiidal Gaming Group information on this page should be used as a complementary analysis to other Tiidal Gaming's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Tiidal Pink Sheet analysis
When running Tiidal Gaming's price analysis, check to measure Tiidal Gaming'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 Tiidal Gaming is operating at the current time. Most of Tiidal Gaming's value examination focuses on studying past and present price action to predict the probability of Tiidal Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiidal Gaming's price. Additionally, you may evaluate how the addition of Tiidal Gaming to your portfolios can decrease your overall portfolio volatility.
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