ANGLER GAMING (Germany) Market Value
| 0QM Stock | 0.28 0.01 3.45% |
| Symbol | ANGLER |
ANGLER GAMING 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ANGLER GAMING's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ANGLER GAMING.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in ANGLER GAMING on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding ANGLER GAMING PLC or generate 0.0% return on investment in ANGLER GAMING over 720 days. ANGLER GAMING is related to or competes with Charter Communications, Rogers Communications, MINCO SILVER, Calibre Mining, Shenandoah Telecommunicatio, SK TELECOM, and Ribbon Communications. More
ANGLER GAMING Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ANGLER GAMING's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ANGLER GAMING PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 22.93 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.25 |
ANGLER GAMING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGLER GAMING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGLER GAMING's standard deviation. In reality, there are many statistical measures that can use ANGLER GAMING historical prices to predict the future ANGLER GAMING's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (2.06) |
ANGLER GAMING PLC Backtested Returns
ANGLER GAMING PLC secures Sharpe Ratio (or Efficiency) of -0.072, which signifies that the company had a -0.072% return per unit of risk over the last 3 months. ANGLER GAMING PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANGLER GAMING's Risk Adjusted Performance of (0.05), mean deviation of 2.45, and Standard Deviation of 3.78 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ANGLER GAMING's returns are expected to increase less than the market. However, during the bear market, the loss of holding ANGLER GAMING is expected to be smaller as well. At this point, ANGLER GAMING PLC has a negative expected return of -0.28%. Please make sure to confirm ANGLER GAMING's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if ANGLER GAMING PLC performance from the past will be repeated in the future.
Auto-correlation | 0.36 |
Below average predictability
ANGLER GAMING PLC has below average predictability. Overlapping area represents the amount of predictability between ANGLER GAMING time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANGLER GAMING PLC price movement. The serial correlation of 0.36 indicates that just about 36.0% of current ANGLER GAMING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ANGLER GAMING PLC lagged returns against current returns
Autocorrelation, which is ANGLER GAMING stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ANGLER GAMING's stock expected returns. We can calculate the autocorrelation of ANGLER GAMING returns to help us make a trade decision. For example, suppose you find that ANGLER GAMING has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ANGLER GAMING regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ANGLER GAMING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGLER GAMING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGLER GAMING stock over time.
Current vs Lagged Prices |
| Timeline |
ANGLER GAMING Lagged Returns
When evaluating ANGLER GAMING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGLER GAMING stock have on its future price. ANGLER GAMING autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ANGLER GAMING autocorrelation shows the relationship between ANGLER GAMING stock current value and its past values and can show if there is a momentum factor associated with investing in ANGLER GAMING PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ANGLER Stock
ANGLER GAMING financial ratios help investors to determine whether ANGLER Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ANGLER with respect to the benefits of owning ANGLER GAMING security.