OURGAME INTHOLDL-00005 (Germany) Market Value
| 13O Stock | EUR 0.02 0.00 0.00% |
| Symbol | OURGAME |
OURGAME INTHOLDL-00005 '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 OURGAME INTHOLDL-00005'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 OURGAME INTHOLDL-00005.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in OURGAME INTHOLDL-00005 on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding OURGAME INTHOLDL 00005 or generate 0.0% return on investment in OURGAME INTHOLDL-00005 over 300 days. OURGAME INTHOLDL-00005 is related to or competes with Ameriprise Financial, Salesforce, TFS FINANCIAL, TRADEDOUBLER, Vastned Retail, JSC Halyk, and Hanover Insurance. Ourgame International Holdings Limited, an investment holding company, develops and operates online card and board games... More
OURGAME INTHOLDL-00005 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 OURGAME INTHOLDL-00005'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 OURGAME INTHOLDL 00005 upside and downside potential and time the market with a certain degree of confidence.
OURGAME INTHOLDL-00005 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OURGAME INTHOLDL-00005's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OURGAME INTHOLDL-00005's standard deviation. In reality, there are many statistical measures that can use OURGAME INTHOLDL-00005 historical prices to predict the future OURGAME INTHOLDL-00005's volatility.OURGAME INTHOLDL 00005 Backtested Returns
We have found three technical indicators for OURGAME INTHOLDL 00005, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and OURGAME INTHOLDL-00005 are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
OURGAME INTHOLDL 00005 has no correlation between past and present. Overlapping area represents the amount of predictability between OURGAME INTHOLDL-00005 time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 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 OURGAME INTHOLDL 00005 price movement. The serial correlation of 0.0 indicates that just 0.0% of current OURGAME INTHOLDL-00005 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OURGAME INTHOLDL 00005 lagged returns against current returns
Autocorrelation, which is OURGAME INTHOLDL-00005 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 OURGAME INTHOLDL-00005's stock expected returns. We can calculate the autocorrelation of OURGAME INTHOLDL-00005 returns to help us make a trade decision. For example, suppose you find that OURGAME INTHOLDL-00005 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 |
OURGAME INTHOLDL-00005 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 OURGAME INTHOLDL-00005 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OURGAME INTHOLDL-00005 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OURGAME INTHOLDL-00005 stock over time.
Current vs Lagged Prices |
| Timeline |
OURGAME INTHOLDL-00005 Lagged Returns
When evaluating OURGAME INTHOLDL-00005's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OURGAME INTHOLDL-00005 stock have on its future price. OURGAME INTHOLDL-00005 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, OURGAME INTHOLDL-00005 autocorrelation shows the relationship between OURGAME INTHOLDL-00005 stock current value and its past values and can show if there is a momentum factor associated with investing in OURGAME INTHOLDL 00005.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OURGAME Stock
OURGAME INTHOLDL-00005 financial ratios help investors to determine whether OURGAME 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 OURGAME with respect to the benefits of owning OURGAME INTHOLDL-00005 security.