GAMES OPERATORS (Germany) Market Value
| 8P7 Stock | EUR 3.19 0.13 3.92% |
| Symbol | GAMES |
GAMES OPERATORS '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 GAMES OPERATORS'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 GAMES OPERATORS.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in GAMES OPERATORS on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding GAMES OPERATORS SA or generate 0.0% return on investment in GAMES OPERATORS over 30 days. GAMES OPERATORS is related to or competes with NEXON, NEXON, Take Two, Aristocrat Leisure, and Bilibili. Games Operators S.A., a publishing company, invests, releases, and promotes video games More
GAMES OPERATORS 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 GAMES OPERATORS'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 GAMES OPERATORS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 13.48 | |||
| Value At Risk | (5.28) | |||
| Potential Upside | 4.3 |
GAMES OPERATORS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMES OPERATORS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMES OPERATORS's standard deviation. In reality, there are many statistical measures that can use GAMES OPERATORS historical prices to predict the future GAMES OPERATORS's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (1.20) |
GAMES OPERATORS SA Backtested Returns
GAMES OPERATORS SA holds Efficiency (Sharpe) Ratio of -0.1, which attests that the company had a -0.1 % return per unit of risk over the last 3 months. GAMES OPERATORS SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GAMES OPERATORS's standard deviation of 2.77, and Coefficient Of Variation of (718.94) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GAMES OPERATORS's returns are expected to increase less than the market. However, during the bear market, the loss of holding GAMES OPERATORS is expected to be smaller as well. At this point, GAMES OPERATORS SA has a negative expected return of -0.3%. Please make sure to check out GAMES OPERATORS's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if GAMES OPERATORS SA performance from the past will be repeated in the future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
GAMES OPERATORS SA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between GAMES OPERATORS time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GAMES OPERATORS SA price movement. The serial correlation of -0.76 indicates that around 76.0% of current GAMES OPERATORS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
GAMES OPERATORS SA lagged returns against current returns
Autocorrelation, which is GAMES OPERATORS 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 GAMES OPERATORS's stock expected returns. We can calculate the autocorrelation of GAMES OPERATORS returns to help us make a trade decision. For example, suppose you find that GAMES OPERATORS 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 |
GAMES OPERATORS 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 GAMES OPERATORS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMES OPERATORS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMES OPERATORS stock over time.
Current vs Lagged Prices |
| Timeline |
GAMES OPERATORS Lagged Returns
When evaluating GAMES OPERATORS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMES OPERATORS stock have on its future price. GAMES OPERATORS 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, GAMES OPERATORS autocorrelation shows the relationship between GAMES OPERATORS stock current value and its past values and can show if there is a momentum factor associated with investing in GAMES OPERATORS SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GAMES Stock
GAMES OPERATORS financial ratios help investors to determine whether GAMES 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 GAMES with respect to the benefits of owning GAMES OPERATORS security.