25 XP   0   0   10

Betmakers Technology Group Ltd
Buy, Hold or Sell?

Let's analyse Betmakers Technology Group Ltd together

PenkeI guess you are interested in Betmakers Technology Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Betmakers Technology Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Betmakers Technology Group Ltd

I send you an email if I find something interesting about Betmakers Technology Group Ltd.

Quick analysis of Betmakers Technology Group Ltd (30 sec.)










What can you expect buying and holding a share of Betmakers Technology Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.01
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
A$0.16
Expected worth in 1 year
A$0.00
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$-0.15
Return On Investment
-170.5%

For what price can you sell your share?

Current Price per Share
A$0.09
Expected price per share
A$0.089 - A$0.12
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of Betmakers Technology Group Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.09

Intrinsic Value Per Share

A$-0.60 - A$-0.33

Total Value Per Share

A$-0.44 - A$-0.17

2. Growth of Betmakers Technology Group Ltd (5 min.)




Is Betmakers Technology Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$98.8m$124.2m-$25.3m-25.7%

How much money is Betmakers Technology Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$25.4m-$58.5m$33.1m130.1%
Net Profit Margin-40.8%-97.3%--

How much money comes from the company's main activities?

3. Financial Health of Betmakers Technology Group Ltd (5 min.)




4. Comparing to competitors in the Gambling industry (5 min.)




  Industry Rankings (Gambling)  


Richest
#34 / 62

Most Revenue
#34 / 62

Most Profit
#54 / 62
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

What can you expect buying and holding a share of Betmakers Technology Group Ltd? (5 min.)

Welcome investor! Betmakers Technology Group Ltd's management wants to use your money to grow the business. In return you get a share of Betmakers Technology Group Ltd.

What can you expect buying and holding a share of Betmakers Technology Group Ltd?

First you should know what it really means to hold a share of Betmakers Technology Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Betmakers Technology Group Ltd is A$0.09. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Betmakers Technology Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Betmakers Technology Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.16. Based on the TTM, the Book Value Change Per Share is A$-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Betmakers Technology Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.03-29.8%-0.03-29.8%-0.06-68.6%-0.02-23.3%-0.01-14.6%
Usd Book Value Change Per Share-0.03-29.8%-0.03-29.8%0.00-4.7%0.0221.2%0.0112.9%
Usd Dividend Per Share0.001.8%0.001.8%0.000.0%0.000.5%0.000.3%
Usd Total Gains Per Share-0.03-28.0%-0.03-28.0%0.00-4.7%0.0221.7%0.0113.1%
Usd Price Per Share0.09-0.09-0.22-0.26-0.18-
Price to Earnings Ratio-3.18--3.18--3.61--53.00--38.11-
Price-to-Total Gains Ratio-3.39--3.39--52.71--6.45-31.75-
Price to Book Ratio0.82-0.82-1.70-3.32-7.40-
Price-to-Total Gains Ratio-3.39--3.39--52.71--6.45-31.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.059067
Number of shares16929
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.02
Usd Total Gains Per Share-0.030.02
Gains per Quarter (16929 shares)-426.27329.97
Gains per Year (16929 shares)-1,705.061,319.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1108-1813-17152812921310
2216-3627-34205525842630
3325-5440-51258338773950
4433-7253-683011151695270
5541-9066-853513864616590
6649-10880-1024016677537910
7758-12693-1194519390469230
8866-14506-136502211033810550
9974-16319-153552491163011870
101082-18133-170602761292213190

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.09.00.00.0%0.09.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%6.03.00.066.7%6.03.00.066.7%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%3.00.02.060.0%3.00.06.033.3%3.00.06.033.3%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%6.03.00.066.7%6.03.00.066.7%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of Betmakers Technology Group Ltd

About Betmakers Technology Group Ltd

Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, and internationally. It operates through Global Racing Network, Global Betting Services, and Global Tote segments. The company assists racing bodies and rights holders in producing and distributing race content, including barrier technology, official price calculation, vision, and pricing distribution. In addition, it provides racing software, data, and analytical tools, including basic race data consisting of pricing, runners, and form; analytical tools to consume and leverage the data; and wagering tools. Further, the company offers tote software and integrations to facilitate tote liquidity and resulting. Betmakers Technology Group Ltd was incorporated in 2013 and is headquartered in Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-02-14 15:30:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of Betmakers Technology Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Betmakers Technology Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • A Net Profit Margin of -40.8% means that $-0.41 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Betmakers Technology Group Ltd:

  • The MRQ is -40.8%. The company is making a huge loss. -2
  • The TTM is -40.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-40.8%TTM-40.8%0.0%
TTM-40.8%YOY-97.3%+56.5%
TTM-40.8%5Y-62.3%+21.5%
5Y-62.3%10Y-85.0%+22.7%
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ-40.8%0.8%-41.6%
TTM-40.8%1.1%-41.9%
YOY-97.3%3.0%-100.3%
5Y-62.3%-1.6%-60.7%
10Y-85.0%-3.0%-82.0%
1.1.2. Return on Assets

Shows how efficient Betmakers Technology Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • -19.4% Return on Assets means that Betmakers Technology Group Ltd generated $-0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Betmakers Technology Group Ltd:

  • The MRQ is -19.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -19.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.4%TTM-19.4%0.0%
TTM-19.4%YOY-40.0%+20.6%
TTM-19.4%5Y-16.4%-3.0%
5Y-16.4%10Y-24.7%+8.3%
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.4%0.4%-19.8%
TTM-19.4%0.2%-19.6%
YOY-40.0%0.3%-40.3%
5Y-16.4%0.2%-16.6%
10Y-24.7%-0.2%-24.5%
1.1.3. Return on Equity

Shows how efficient Betmakers Technology Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • -25.8% Return on Equity means Betmakers Technology Group Ltd generated $-0.26 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Betmakers Technology Group Ltd:

  • The MRQ is -25.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -25.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-25.8%TTM-25.8%0.0%
TTM-25.8%YOY-47.1%+21.4%
TTM-25.8%5Y-20.8%-4.9%
5Y-20.8%10Y-33.4%+12.6%
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.8%1.4%-27.2%
TTM-25.8%1.1%-26.9%
YOY-47.1%2.2%-49.3%
5Y-20.8%0.4%-21.2%
10Y-33.4%-0.8%-32.6%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of Betmakers Technology Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Betmakers Technology Group Ltd is operating .

  • Measures how much profit Betmakers Technology Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • An Operating Margin of -46.6% means the company generated $-0.47  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Betmakers Technology Group Ltd:

  • The MRQ is -46.6%. The company is operating very inefficient. -2
  • The TTM is -46.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-46.6%TTM-46.6%0.0%
TTM-46.6%YOY-104.7%+58.1%
TTM-46.6%5Y-71.2%+24.6%
5Y-71.2%10Y-98.3%+27.1%
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ-46.6%5.3%-51.9%
TTM-46.6%7.2%-53.8%
YOY-104.7%8.1%-112.8%
5Y-71.2%5.9%-77.1%
10Y-98.3%5.2%-103.5%
1.2.2. Operating Ratio

Measures how efficient Betmakers Technology Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gambling industry mean).
  • An Operation Ratio of 1.55 means that the operating costs are $1.55 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Betmakers Technology Group Ltd:

  • The MRQ is 1.553. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.553. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.553TTM1.5530.000
TTM1.553YOY2.044-0.491
TTM1.5535Y1.734-0.181
5Y1.73410Y2.058-0.324
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5531.024+0.529
TTM1.5531.012+0.541
YOY2.0440.977+1.067
5Y1.7341.004+0.730
10Y2.0581.074+0.984
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of Betmakers Technology Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Betmakers Technology Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gambling industry mean).
  • A Current Ratio of 1.66 means the company has $1.66 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Betmakers Technology Group Ltd:

  • The MRQ is 1.663. The company is able to pay all its short-term debts. +1
  • The TTM is 1.663. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.663TTM1.6630.000
TTM1.663YOY5.129-3.466
TTM1.6635Y6.637-4.974
5Y6.63710Y4.946+1.692
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6631.134+0.529
TTM1.6631.274+0.389
YOY5.1291.586+3.543
5Y6.6371.518+5.119
10Y4.9461.761+3.185
1.3.2. Quick Ratio

Measures if Betmakers Technology Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • A Quick Ratio of 1.52 means the company can pay off $1.52 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Betmakers Technology Group Ltd:

  • The MRQ is 1.516. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.516. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.516TTM1.5160.000
TTM1.516YOY4.842-3.325
TTM1.5165Y6.496-4.980
5Y6.49610Y4.858+1.639
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5160.820+0.696
TTM1.5160.781+0.735
YOY4.8420.983+3.859
5Y6.4961.046+5.450
10Y4.8581.128+3.730
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of Betmakers Technology Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Betmakers Technology Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Betmakers Technology Group Ltd to Gambling industry mean.
  • A Debt to Asset Ratio of 0.25 means that Betmakers Technology Group Ltd assets are financed with 24.5% credit (debt) and the remaining percentage (100% - 24.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Betmakers Technology Group Ltd:

  • The MRQ is 0.245. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.245. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.245TTM0.2450.000
TTM0.245YOY0.151+0.094
TTM0.2455Y0.191+0.054
5Y0.19110Y0.208-0.016
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2450.540-0.295
TTM0.2450.586-0.341
YOY0.1510.509-0.358
5Y0.1910.576-0.385
10Y0.2080.514-0.306
1.4.2. Debt to Equity Ratio

Measures if Betmakers Technology Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • A Debt to Equity ratio of 32.5% means that company has $0.33 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Betmakers Technology Group Ltd:

  • The MRQ is 0.325. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.325. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.325TTM0.3250.000
TTM0.325YOY0.178+0.147
TTM0.3255Y0.263+0.062
5Y0.26310Y0.291-0.028
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3250.994-0.669
TTM0.3250.994-0.669
YOY0.1780.758-0.580
5Y0.2631.140-0.877
10Y0.2911.100-0.809
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of Betmakers Technology Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Betmakers Technology Group Ltd generates.

  • Above 15 is considered overpriced but always compare Betmakers Technology Group Ltd to the Gambling industry mean.
  • A PE ratio of -3.18 means the investor is paying $-3.18 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Betmakers Technology Group Ltd:

  • The EOD is -2.201. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.179. Based on the earnings, the company is expensive. -2
  • The TTM is -3.179. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.201MRQ-3.179+0.978
MRQ-3.179TTM-3.1790.000
TTM-3.179YOY-3.613+0.434
TTM-3.1795Y-53.004+49.825
5Y-53.00410Y-38.112-14.891
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
EOD-2.2010.331-2.532
MRQ-3.1790.334-3.513
TTM-3.1792.447-5.626
YOY-3.613-0.505-3.108
5Y-53.0045.651-58.655
10Y-38.1122.432-40.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Betmakers Technology Group Ltd:

  • The EOD is -2.627. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.794. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.794. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.627MRQ-3.794+1.168
MRQ-3.794TTM-3.7940.000
TTM-3.794YOY-9.209+5.415
TTM-3.7945Y-475.976+472.182
5Y-475.97610Y-274.332-201.644
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
EOD-2.6273.983-6.610
MRQ-3.7942.687-6.481
TTM-3.7940.172-3.966
YOY-9.2093.830-13.039
5Y-475.9763.966-479.942
10Y-274.3323.003-277.335
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Betmakers Technology Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gambling industry mean).
  • A PB ratio of 0.82 means the investor is paying $0.82 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Betmakers Technology Group Ltd:

  • The EOD is 0.567. Based on the equity, the company is cheap. +2
  • The MRQ is 0.819. Based on the equity, the company is cheap. +2
  • The TTM is 0.819. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.567MRQ0.819-0.252
MRQ0.819TTM0.8190.000
TTM0.819YOY1.703-0.885
TTM0.8195Y3.323-2.504
5Y3.32310Y7.405-4.082
Compared to industry (Gambling)
PeriodCompanyIndustry (mean)+/- 
EOD0.5672.341-1.774
MRQ0.8191.987-1.168
TTM0.8192.262-1.443
YOY1.7032.315-0.612
5Y3.3232.529+0.794
10Y7.4053.424+3.981
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Betmakers Technology Group Ltd.

3.1. Funds holding Betmakers Technology Group Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2021-02-28SPDR Portfolio Developed World ex-US ETF0.98-7585891--
2020-12-31Listed Funds Tr-Roundhill Sports Betting & iGaming ETF0.85-6555847--
2021-02-28SPDR (R) Idx Shares-SPDR (R) S&P (R) International Small Cap ETF0.05-423905--
Total 1.8801456564300.0%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Betmakers Technology Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.041-0.0410%-0.006-84%0.029-240%0.018-331%
Book Value Per Share--0.1590.1590%0.200-20%0.130+22%0.077+106%
Current Ratio--1.6631.6630%5.129-68%6.637-75%4.946-66%
Debt To Asset Ratio--0.2450.2450%0.151+62%0.191+28%0.208+18%
Debt To Equity Ratio--0.3250.3250%0.178+82%0.263+23%0.291+12%
Dividend Per Share--0.0020.0020%-+100%0.001+291%0.000+605%
Eps---0.041-0.0410%-0.094+130%-0.032-22%-0.020-51%
Free Cash Flow Per Share---0.034-0.0340%-0.037+8%-0.015-55%-0.011-67%
Free Cash Flow To Equity Per Share---0.047-0.0470%-0.029-39%0.021-317%0.012-486%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.093-9%
Intrinsic Value_10Y_max---0.325--------
Intrinsic Value_10Y_min---0.599--------
Intrinsic Value_1Y_max---0.019--------
Intrinsic Value_1Y_min---0.034--------
Intrinsic Value_3Y_max---0.068--------
Intrinsic Value_3Y_min---0.126--------
Intrinsic Value_5Y_max---0.129--------
Intrinsic Value_5Y_min---0.242--------
Market Cap85343581.440-44%123274062.080123274062.0800%322409085.440-62%381201330.432-68%263026810.749-53%
Net Profit Margin---0.408-0.4080%-0.973+138%-0.623+53%-0.850+108%
Operating Margin---0.466-0.4660%-1.047+125%-0.712+53%-0.983+111%
Operating Ratio--1.5531.5530%2.044-24%1.734-10%2.058-25%
Pb Ratio0.567-44%0.8190.8190%1.703-52%3.323-75%7.405-89%
Pe Ratio-2.201+31%-3.179-3.1790%-3.613+14%-53.004+1567%-38.112+1099%
Price Per Share0.090-44%0.1300.1300%0.340-62%0.402-68%0.277-53%
Price To Free Cash Flow Ratio-2.627+31%-3.794-3.7940%-9.209+143%-475.976+12444%-274.332+7130%
Price To Total Gains Ratio-2.346+31%-3.388-3.3880%-52.711+1456%-6.447+90%31.753-111%
Quick Ratio--1.5161.5160%4.842-69%6.496-77%4.858-69%
Return On Assets---0.194-0.1940%-0.400+106%-0.164-15%-0.247+27%
Return On Equity---0.258-0.2580%-0.471+83%-0.208-19%-0.334+30%
Total Gains Per Share---0.038-0.0380%-0.006-83%0.030-229%0.018-313%
Usd Book Value--98836154.80098836154.8000%124228401.800-20%80704102.903+22%47884503.378+106%
Usd Book Value Change Per Share---0.027-0.0270%-0.004-84%0.019-240%0.012-331%
Usd Book Value Per Share--0.1040.1040%0.131-20%0.085+22%0.050+106%
Usd Dividend Per Share--0.0020.0020%-+100%0.000+291%0.000+605%
Usd Eps---0.027-0.0270%-0.062+130%-0.021-22%-0.013-51%
Usd Free Cash Flow---21321874.400-21321874.4000%-22977063.000+8%-9569885.047-55%-7010171.391-67%
Usd Free Cash Flow Per Share---0.022-0.0220%-0.024+8%-0.010-55%-0.007-67%
Usd Free Cash Flow To Equity Per Share---0.031-0.0310%-0.019-39%0.014-317%0.008-486%
Usd Market Cap56010992.499-44%80904766.94380904766.9430%211597082.774-62%250182433.163-68%172624495.895-53%
Usd Price Per Share0.059-44%0.0850.0850%0.223-62%0.264-68%0.182-53%
Usd Profit---25451970.300-25451970.3000%-58564274.200+130%-19849051.487-22%-12443019.874-51%
Usd Revenue--62366220.10062366220.1000%60170896.600+4%28996385.918+115%17740550.964+252%
Usd Total Gains Per Share---0.025-0.0250%-0.004-83%0.019-229%0.012-313%
 EOD+3 -5MRQTTM+0 -0YOY+17 -185Y+12 -2410Y+13 -23

4.2. Fundamental Score

Let's check the fundamental score of Betmakers Technology Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.201
Price to Book Ratio (EOD)Between0-10.567
Net Profit Margin (MRQ)Greater than0-0.408
Operating Margin (MRQ)Greater than0-0.466
Quick Ratio (MRQ)Greater than11.516
Current Ratio (MRQ)Greater than11.663
Debt to Asset Ratio (MRQ)Less than10.245
Debt to Equity Ratio (MRQ)Less than10.325
Return on Equity (MRQ)Greater than0.15-0.258
Return on Assets (MRQ)Greater than0.05-0.194
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Betmakers Technology Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.455
Ma 20Greater thanMa 500.098
Ma 50Greater thanMa 1000.089
Ma 100Greater thanMa 2000.088
OpenGreater thanClose0.089
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets199,545
Total Liabilities48,949
Total Stockholder Equity150,596
 As reported
Total Liabilities 48,949
Total Stockholder Equity+ 150,596
Total Assets = 199,545

Assets

Total Assets199,545
Total Current Assets75,327
Long-term Assets124,218
Total Current Assets
Cash And Cash Equivalents 41,041
Net Receivables 27,642
Inventory 4,170
Other Current Assets 2,474
Total Current Assets  (as reported)75,327
Total Current Assets  (calculated)75,327
+/-0
Long-term Assets
Property Plant Equipment 32,696
Goodwill 30,762
Intangible Assets 25,944
Other Assets 34,816
Long-term Assets  (as reported)124,218
Long-term Assets  (calculated)124,218
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities45,294
Long-term Liabilities3,655
Total Stockholder Equity150,596
Total Current Liabilities
Short-term Debt 1,401
Accounts payable 4,069
Other Current Liabilities 5,348
Total Current Liabilities  (as reported)45,294
Total Current Liabilities  (calculated)10,818
+/- 34,476
Long-term Liabilities
Long term Debt Total 3,308
Other Liabilities 347
Long-term Liabilities  (as reported)3,655
Long-term Liabilities  (calculated)3,655
+/-0
Total Stockholder Equity
Common Stock300,009
Retained Earnings -165,309
Other Stockholders Equity 15,896
Total Stockholder Equity (as reported)150,596
Total Stockholder Equity (calculated)150,596
+/-0
Other
Capital Stock300,009
Cash and Short Term Investments 41,041
Common Stock Shares Outstanding 933,244
Current Deferred Revenue34,476
Liabilities and Stockholders Equity 199,545
Net Debt -36,332
Net Invested Capital 150,596
Net Tangible Assets 93,890
Net Working Capital 30,033
Property Plant and Equipment Gross 39,566
Short Long Term Debt Total 4,709



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-30
> Total Assets 
0
12,876
10,689
15,130
15,922
30,605
62,592
230,297
223,060
199,545
199,545223,060230,29762,59230,60515,92215,13010,68912,8760
   > Total Current Assets 
0
7,605
3,724
5,302
6,970
1,777
33,685
134,601
109,099
75,327
75,327109,099134,60133,6851,7776,9705,3023,7247,6050
       Cash And Cash Equivalents 
0
6,495
2,436
3,267
1,457
453
31,625
120,608
87,550
41,041
41,04187,550120,60831,6254531,4573,2672,4366,4950
       Net Receivables 
0
1,110
1,229
1,886
5,407
1,241
2,000
9,024
15,441
27,642
27,64215,4419,0242,0001,2415,4071,8861,2291,1100
       Other Current Assets 
0
4
23
32
106
83
828
1,177
7,436
2,474
2,4747,4361,17782883106322340
   > Long-term Assets 
0
5,271
6,965
9,828
8,952
28,828
28,907
95,695
113,961
124,218
124,218113,96195,69528,90728,8288,9529,8286,9655,2710
       Property Plant Equipment 
0
21
271
426
306
159
701
13,859
29,698
32,696
32,69629,69813,859701159306426271210
       Goodwill 
0
4,276
4,276
4,757
1,951
14,455
14,455
44,304
30,548
30,762
30,76230,54844,30414,45514,4551,9514,7574,2764,2760
       Long Term Investments 
0
0
240
0
0
0
0
0
0
0
000000024000
       Intangible Assets 
0
4,276
0
1,043
1,285
7,172
5,617
23,668
35,214
25,944
25,94435,21423,6685,6177,1721,2851,04304,2760
       Other Assets 
0
701
2,179
3,602
5,410
7,042
8,134
13,864
18,501
34,816
34,81618,50113,8648,1347,0425,4103,6022,1797010
> Total Liabilities 
0
1,180
2,347
6,090
3,190
11,449
2,192
34,894
33,774
48,949
48,94933,77434,8942,19211,4493,1906,0902,3471,1800
   > Total Current Liabilities 
0
1,156
2,303
6,030
3,101
7,365
1,679
22,096
21,271
45,294
45,29421,27122,0961,6797,3653,1016,0302,3031,1560
       Short-term Debt 
0
206
0
0
0
113
113
655
1,366
1,401
1,4011,3666551131130002060
       Short Long Term Debt 
0
502
0
0
0
0
0
291
776
0
0776291000005020
       Accounts payable 
0
274
739
581
1,568
504
620
9,574
2,958
4,069
4,0692,9589,5746205041,5685817392740
       Other Current Liabilities 
0
549
900
4,352
1,532
6,861
1,059
865
1,029
5,348
5,3481,0298651,0596,8611,5324,3529005490
   > Long-term Liabilities 
0
24
43
59
89
4,084
513
12,798
12,503
3,655
3,65512,50312,7985134,084895943240
       Long term Debt Total 
0
0
0
0
0
0
350
2,130
4,630
3,308
3,3084,6302,130350000000
       Other Liabilities 
0
24
43
59
89
4,084
162
10,667
7,873
347
3477,87310,6671624,084895943240
> Total Stockholder Equity
0
11,696
8,343
9,040
12,732
19,156
60,401
195,403
189,286
150,596
150,596189,286195,40360,40119,15612,7329,0408,34311,6960
   Common Stock
0
14,639
14,697
22,791
32,484
42,418
84,943
226,023
252,486
300,009
300,009252,486226,02384,94342,41832,48422,79114,69714,6390
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 
0
652
1,253
1,474
1,450
714
1,573
12,910
69,521
15,896
15,89669,52112,9101,5737141,4501,4741,2536520
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
1,253
1,474
1,450
714
1,573
12,910
69,521
15,896
15,89669,52112,9101,5737141,4501,4741,25300



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue95,027
Cost of Revenue-35,851
Gross Profit59,17659,176
 
Operating Income (+$)
Gross Profit59,176
Operating Expense-111,748
Operating Income-52,572-52,572
 
Operating Expense (+$)
Research Development0
Selling General Administrative82,416
Selling And Marketing Expenses0
Operating Expense111,74882,416
 
Net Interest Income (+$)
Interest Income6
Interest Expense-254
Other Finance Cost-395
Net Interest Income-643
 
Pretax Income (+$)
Operating Income-52,572
Net Interest Income-643
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-53,399-52,388
EBIT - interestExpense = -44,529
-53,399
-38,527
Interest Expense254
Earnings Before Interest and Taxes (EBIT)-44,275-53,145
Earnings Before Interest and Taxes (EBITDA)-32,482
 
After tax Income (+$)
Income Before Tax-53,399
Tax Provision--14,618
Net Income From Continuing Ops-38,781-38,781
Net Income-38,781
Net Income Applicable To Common Shares-38,781
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses148,037
Total Other Income/Expenses Net-184643
 

Technical Analysis of Betmakers Technology Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Betmakers Technology Group Ltd. The general trend of Betmakers Technology Group Ltd is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Betmakers Technology Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Betmakers Technology Group Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.1125 < 0.12 < 0.12.

The bearish price targets are: 0.09 > 0.09 > 0.089.

Tweet this
Betmakers Technology Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Betmakers Technology Group Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Betmakers Technology Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Betmakers Technology Group Ltd. The current macd is 0.00028026.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Betmakers Technology Group Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Betmakers Technology Group Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Betmakers Technology Group Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Betmakers Technology Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBetmakers Technology Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Betmakers Technology Group Ltd. The current adx is 25.24.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Betmakers Technology Group Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Betmakers Technology Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Betmakers Technology Group Ltd. The current sar is 0.11277622.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Betmakers Technology Group Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Betmakers Technology Group Ltd. The current rsi is 46.46. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Betmakers Technology Group Ltd Daily Relative Strength Index (RSI) ChartBetmakers Technology Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Betmakers Technology Group Ltd. The current phase is Oversold in neutral market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Betmakers Technology Group Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Betmakers Technology Group Ltd Daily Stochastic Oscillator ChartBetmakers Technology Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Betmakers Technology Group Ltd. The current cci is -84.8413631.

Betmakers Technology Group Ltd Daily Commodity Channel Index (CCI) ChartBetmakers Technology Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Betmakers Technology Group Ltd. The current cmo is -15.19470131.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Betmakers Technology Group Ltd Daily Chande Momentum Oscillator (CMO) ChartBetmakers Technology Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Betmakers Technology Group Ltd. The current willr is -86.95652174.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Betmakers Technology Group Ltd Daily Williams %R ChartBetmakers Technology Group Ltd Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Betmakers Technology Group Ltd.

Betmakers Technology Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Betmakers Technology Group Ltd. The current atr is 0.0059048.

Betmakers Technology Group Ltd Daily Average True Range (ATR) ChartBetmakers Technology Group Ltd Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Betmakers Technology Group Ltd. The current obv is -272,736,941.

Betmakers Technology Group Ltd Daily On-Balance Volume (OBV) ChartBetmakers Technology Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Betmakers Technology Group Ltd. The current mfi is 14.70.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Betmakers Technology Group Ltd Daily Money Flow Index (MFI) ChartBetmakers Technology Group Ltd Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Betmakers Technology Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-10-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-17RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-10-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Betmakers Technology Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Betmakers Technology Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.455
Ma 20Greater thanMa 500.098
Ma 50Greater thanMa 1000.089
Ma 100Greater thanMa 2000.088
OpenGreater thanClose0.089
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Betmakers Technology Group Ltd with someone you think should read this too:
  • Are you bullish or bearish on Betmakers Technology Group Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Betmakers Technology Group Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Betmakers Technology Group Ltd

I send you an email if I find something interesting about Betmakers Technology Group Ltd.


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about Betmakers Technology Group Ltd.

Receive notifications about Betmakers Technology Group Ltd in your mailbox!