Golden Matrix Group Stock Performance
| GMGI Stock | USD 2.49 0.17 6.39% |
On a scale of 0 to 100, Golden Matrix holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 2.27, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Golden Matrix will likely underperform. Please check Golden Matrix's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Golden Matrix's current trending patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Golden Matrix Group are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile technical and fundamental indicators, Golden Matrix demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.84) | Five Day Return (5.34) | Year To Date Return 10.37 | Ten Year Return (100.00) | All Time Return (100.00) |
Last Split Factor 1:150 | Dividend Date 2020-06-26 | Last Split Date 2020-06-26 |
1 | Acquisition by Milovanovic Aleksandar of tradable shares of Golden Matrix subject to Rule 16b-3 | 09/03/2024 |
2 | InvestorNewsBreaks Golden Matrix Group Inc. Announces Meridianbets Exceptional August 2024 Performance | 09/12/2024 |
3 | Golden Matrix Group Subsidiary Meridianbet Shortlisted as an Eligible Operator in Brazil, Advancing Its Market Penetration in One of the Worlds Largest Gaming M... | 10/03/2024 |
4 | Golden Matrix Group to Showcase Expanded Portfolio and Proprietary Technology at G2E Las Vegas 2024 | 10/07/2024 |
5 | Golden Matrix Group to Present at the LD Micro Main Event XVII October 28th-30th 2024 | 10/14/2024 |
6 | Acquisition by Milovanovic Aleksandar of 9059 shares of Golden Matrix at 2.3 subject to Rule 16b-3 | 10/29/2024 |
7 | Acquisition by Milovanovic Aleksandar of 25000 shares of Golden Matrix at 2.45 subject to Rule 16b-3 | 10/30/2024 |
8 | Golden Matrix Group sees significant stock purchase by major shareholder | 10/31/2024 |
9 | Meridianbet Launches AI-Powered Im Feeling Lucky Online Casino Feature, Setting New iGaming Industry Standard | 11/01/2024 |
10 | Golden Matrix Group insider buys 121,500 in common stock | 11/04/2024 |
11 | With 85 percent ownership, Golden Matrix Group, Inc. insiders have a lot riding on the companys future | 11/06/2024 |
12 | Golden Matrix Group sees 125,362 in stock purchases by 10 percent owner | 11/08/2024 |
13 | Golden Matrix Group insider buys 4,032 in stock | 11/14/2024 |
| Begin Period Cash Flow | 14.9 M | |
| Free Cash Flow | 2.1 M |
Golden |
Golden Matrix Relative Risk vs. Return Landscape
If you would invest 248.00 in Golden Matrix Group on August 17, 2024 and sell it today you would earn a total of 18.00 from holding Golden Matrix Group or generate 7.26% return on investment over 90 days. Golden Matrix Group is currently generating 0.2097% in daily expected returns and assumes 4.51% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of stocks are less volatile than Golden, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Golden Matrix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Matrix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Golden Matrix Group, and traders can use it to determine the average amount a Golden Matrix's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0465
| Best Portfolio | Best Equity | |||
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| Small Returns | GMGI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Golden Matrix is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Golden Matrix by adding it to a well-diversified portfolio.
Golden Matrix Fundamentals Growth
Golden Stock prices reflect investors' perceptions of the future prospects and financial health of Golden Matrix, and Golden Matrix fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Golden Stock performance.
| Return On Equity | -0.0209 | ||||
| Return On Asset | 0.0014 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 376.6 M | ||||
| Shares Outstanding | 128.78 M | ||||
| Price To Earning | 95.77 X | ||||
| Price To Book | 3.88 X | ||||
| Price To Sales | 3.91 X | ||||
| Revenue | 44.17 M | ||||
| Gross Profit | 9.16 M | ||||
| EBITDA | 19.44 M | ||||
| Net Income | (1.17 M) | ||||
| Cash And Equivalents | 15.87 M | ||||
| Cash Per Share | 0.56 X | ||||
| Total Debt | 4.48 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.52 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | 2.21 M | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 342.56 M | ||||
| Total Asset | 35.58 M | ||||
| Retained Earnings | (25.85 M) | ||||
| Working Capital | 18.37 M | ||||
| Current Asset | 12 K | ||||
| Current Liabilities | 3.99 M | ||||
About Golden Matrix Performance
By evaluating Golden Matrix's fundamental ratios, stakeholders can gain valuable insights into Golden Matrix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Golden Matrix has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Golden Matrix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 14.03 | 12.47 | |
| Return On Capital Employed | 0.01 | 0.01 |
Things to note about Golden Matrix Group performance evaluation
Checking the ongoing alerts about Golden Matrix for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Golden Matrix Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Golden Matrix Group had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 44.17 M. Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 9.16 M. | |
| About 85.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Golden Matrix Group insider buys 4,032 in stock |
- Analyzing Golden Matrix's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Golden Matrix's stock is overvalued or undervalued compared to its peers.
- Examining Golden Matrix's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Golden Matrix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Golden Matrix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Golden Matrix's stock. These opinions can provide insight into Golden Matrix's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Golden Stock analysis
When running Golden Matrix's price analysis, check to measure Golden Matrix'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 Golden Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
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