QIIWI GAMES (Germany) Market Value
| 4UJ Stock | EUR 0.24 0.04 20.00% |
| Symbol | QIIWI |
Please note, there is a significant difference between QIIWI GAMES's value and its price as these two are different measures arrived at by different means. Investors typically determine if QIIWI GAMES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QIIWI GAMES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
QIIWI GAMES '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 QIIWI GAMES'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 QIIWI GAMES.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in QIIWI GAMES on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding QIIWI GAMES AB or generate 0.0% return on investment in QIIWI GAMES over 30 days. QIIWI GAMES is related to or competes with PennyMac Mortgage, PennantPark Investment, Gladstone Investment, FUYO GENERAL, Lendlease, and CDL INVESTMENT. More
QIIWI GAMES 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 QIIWI GAMES'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 QIIWI GAMES AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.43 | |||
| Information Ratio | 0.0844 | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 10.0 |
QIIWI GAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QIIWI GAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QIIWI GAMES's standard deviation. In reality, there are many statistical measures that can use QIIWI GAMES historical prices to predict the future QIIWI GAMES's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 0.5406 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0668 | |||
| Treynor Ratio | 6.79 |
QIIWI GAMES AB Backtested Returns
QIIWI GAMES appears to be out of control, given 3 months investment horizon. QIIWI GAMES AB maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of volatility over the last 3 months. By inspecting QIIWI GAMES's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please evaluate QIIWI GAMES's semi deviation of 3.23, and Risk Adjusted Performance of 0.093 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, QIIWI GAMES holds a performance score of 8. The company holds a Beta of 0.081, which implies not very significant fluctuations relative to the market. As returns on the market increase, QIIWI GAMES's returns are expected to increase less than the market. However, during the bear market, the loss of holding QIIWI GAMES is expected to be smaller as well. Please check QIIWI GAMES's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether QIIWI GAMES's historical price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
QIIWI GAMES AB has weak reverse predictability. Overlapping area represents the amount of predictability between QIIWI GAMES time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 QIIWI GAMES AB price movement. The serial correlation of -0.25 indicates that over 25.0% of current QIIWI GAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QIIWI GAMES AB lagged returns against current returns
Autocorrelation, which is QIIWI GAMES 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 QIIWI GAMES's stock expected returns. We can calculate the autocorrelation of QIIWI GAMES returns to help us make a trade decision. For example, suppose you find that QIIWI GAMES 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 |
QIIWI GAMES 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 QIIWI GAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QIIWI GAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QIIWI GAMES stock over time.
Current vs Lagged Prices |
| Timeline |
QIIWI GAMES Lagged Returns
When evaluating QIIWI GAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QIIWI GAMES stock have on its future price. QIIWI GAMES 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, QIIWI GAMES autocorrelation shows the relationship between QIIWI GAMES stock current value and its past values and can show if there is a momentum factor associated with investing in QIIWI GAMES AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in QIIWI Stock
QIIWI GAMES financial ratios help investors to determine whether QIIWI 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 QIIWI with respect to the benefits of owning QIIWI GAMES security.