5TH PLANET (Germany) Market Value
| 2HG1 Stock | EUR 0.10 0 3.73% |
| Symbol | 5TH |
5TH PLANET '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 5TH PLANET'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 5TH PLANET.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in 5TH PLANET on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding 5TH PLANET GAMES or generate 0.0% return on investment in 5TH PLANET over 30 days. 5TH PLANET is related to or competes with Harmony Gold, INTERSHOP Communications, Ribbon Communications, Chalice Mining, MAVEN WIRELESS, Bank of America, and Coeur Mining. 5th Planet Games AS, a games development company, creates, develops, and publishes mobile and web-based games worldwide More
5TH PLANET 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 5TH PLANET'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 5TH PLANET GAMES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.88 | |||
| Information Ratio | 0.0168 | |||
| Maximum Drawdown | 36.34 | |||
| Value At Risk | (12.16) | |||
| Potential Upside | 12.47 |
5TH PLANET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 5TH PLANET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 5TH PLANET's standard deviation. In reality, there are many statistical measures that can use 5TH PLANET historical prices to predict the future 5TH PLANET's volatility.| Risk Adjusted Performance | 0.0256 | |||
| Jensen Alpha | 0.0893 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0171 | |||
| Treynor Ratio | 0.0533 |
5TH PLANET GAMES Backtested Returns
At this point, 5TH PLANET is out of control. 5TH PLANET GAMES secures Sharpe Ratio (or Efficiency) of 0.0211, which signifies that the company had a 0.0211% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 5TH PLANET GAMES, which you can use to evaluate the volatility of the firm. Please confirm 5TH PLANET's Mean Deviation of 5.93, coefficient of variation of 4767.36, and Risk Adjusted Performance of 0.0256 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. 5TH PLANET has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.96, which signifies 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, 5TH PLANET will likely underperform. 5TH PLANET GAMES at this time shows a risk of 8.07%. Please confirm 5TH PLANET GAMES semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if 5TH PLANET GAMES will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
5TH PLANET GAMES has weak reverse predictability. Overlapping area represents the amount of predictability between 5TH PLANET time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 5TH PLANET GAMES price movement. The serial correlation of -0.22 indicates that over 22.0% of current 5TH PLANET price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
5TH PLANET GAMES lagged returns against current returns
Autocorrelation, which is 5TH PLANET 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 5TH PLANET's stock expected returns. We can calculate the autocorrelation of 5TH PLANET returns to help us make a trade decision. For example, suppose you find that 5TH PLANET 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 |
5TH PLANET 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 5TH PLANET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 5TH PLANET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 5TH PLANET stock over time.
Current vs Lagged Prices |
| Timeline |
5TH PLANET Lagged Returns
When evaluating 5TH PLANET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 5TH PLANET stock have on its future price. 5TH PLANET 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, 5TH PLANET autocorrelation shows the relationship between 5TH PLANET stock current value and its past values and can show if there is a momentum factor associated with investing in 5TH PLANET GAMES.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 5TH Stock
5TH PLANET financial ratios help investors to determine whether 5TH 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 5TH with respect to the benefits of owning 5TH PLANET security.