Bragg Gaming Group Stock Market Value
| BRAG Stock | USD 4.93 0.04 0.80% |
| Symbol | Bragg |
Bragg Gaming Group Price To Book Ratio
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bragg Gaming. If investors know Bragg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bragg Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.095 | Earnings Share (0.23) | Revenue Per Share | Quarterly Revenue Growth 0.005 | Return On Assets |
The market value of Bragg Gaming Group is measured differently than its book value, which is the value of Bragg that is recorded on the company's balance sheet. Investors also form their own opinion of Bragg Gaming's value that differs from its market value or its book value, called intrinsic value, which is Bragg Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bragg Gaming's market value can be influenced by many factors that don't directly affect Bragg Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bragg Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bragg Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bragg Gaming'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.
Bragg 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 Bragg 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 Bragg Gaming.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Bragg Gaming on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Bragg Gaming Group or generate 0.0% return on investment in Bragg Gaming over 30 days. Bragg Gaming is related to or competes with Snail,, Playstudios, GDEV, Doubledown Interactive, Golden Matrix, and GameSquare Holdings. Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry worldwide More
Bragg 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 Bragg 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 Bragg Gaming Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.33 | |||
| Information Ratio | 0.0168 | |||
| Maximum Drawdown | 31.51 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 7.87 |
Bragg Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bragg Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bragg Gaming's standard deviation. In reality, there are many statistical measures that can use Bragg Gaming historical prices to predict the future Bragg Gaming's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.1049 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | 0.1929 |
Bragg Gaming Group Backtested Returns
Bragg Gaming appears to be unstable, given 3 months investment horizon. Bragg Gaming Group secures Sharpe Ratio (or Efficiency) of 0.0562, which signifies that the company had a 0.0562 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Bragg Gaming Group, which you can use to evaluate the volatility of the firm. Please makes use of Bragg Gaming's risk adjusted performance of 0.0344, and Mean Deviation of 3.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bragg Gaming holds a performance score of 4. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bragg Gaming's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bragg Gaming is expected to be smaller as well. Please check Bragg Gaming's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Bragg Gaming's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Bragg Gaming Group has excellent predictability. Overlapping area represents the amount of predictability between Bragg Gaming time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 Bragg Gaming Group price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Bragg Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Bragg Gaming Group lagged returns against current returns
Autocorrelation, which is Bragg 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 Bragg Gaming's stock expected returns. We can calculate the autocorrelation of Bragg Gaming returns to help us make a trade decision. For example, suppose you find that Bragg 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 |
Bragg 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 Bragg Gaming stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bragg Gaming stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bragg Gaming stock over time.
Current vs Lagged Prices |
| Timeline |
Bragg Gaming Lagged Returns
When evaluating Bragg Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bragg Gaming stock have on its future price. Bragg 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, Bragg Gaming autocorrelation shows the relationship between Bragg Gaming stock current value and its past values and can show if there is a momentum factor associated with investing in Bragg Gaming Group.
Regressed Prices |
| Timeline |
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Check out Bragg Gaming Correlation, Bragg Gaming Volatility and Bragg Gaming Alpha and Beta module to complement your research on Bragg Gaming. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Bragg Gaming technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.