Games Workshop (Germany) Market Value
| G7W Stock | 158.60 6.10 3.70% |
| Symbol | Games |
Games Workshop '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 Workshop'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 Workshop.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Games Workshop on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Games Workshop Group or generate 0.0% return on investment in Games Workshop over 30 days. Games Workshop is related to or competes with Hanover Insurance, JSC Halyk, Advanced Medical, Avanos Medical, Regions Financial, and MEDICAL FACILITIES. More
Games Workshop 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 Workshop'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 Workshop Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.1306 | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 3.08 |
Games Workshop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Games Workshop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Games Workshop's standard deviation. In reality, there are many statistical measures that can use Games Workshop historical prices to predict the future Games Workshop's volatility.| Risk Adjusted Performance | 0.1443 | |||
| Jensen Alpha | 0.3852 | |||
| Total Risk Alpha | 0.0479 | |||
| Sortino Ratio | 0.243 | |||
| Treynor Ratio | 0.6416 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Games Workshop's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Games Workshop Group Backtested Returns
Games Workshop appears to be very steady, given 3 months investment horizon. Games Workshop Group holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Games Workshop Group, which you can use to evaluate the volatility of the firm. Please utilize Games Workshop's Market Risk Adjusted Performance of 0.6516, risk adjusted performance of 0.1443, and Downside Deviation of 1.46 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Games Workshop holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Games Workshop's returns are expected to increase less than the market. However, during the bear market, the loss of holding Games Workshop is expected to be smaller as well. Please check Games Workshop's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Games Workshop's current trending patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Games Workshop Group has average predictability. Overlapping area represents the amount of predictability between Games Workshop 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 Games Workshop Group price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Games Workshop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 68.72 |
Games Workshop Group lagged returns against current returns
Autocorrelation, which is Games Workshop 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 Workshop's stock expected returns. We can calculate the autocorrelation of Games Workshop returns to help us make a trade decision. For example, suppose you find that Games Workshop 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 Workshop 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 Workshop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Games Workshop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Games Workshop stock over time.
Current vs Lagged Prices |
| Timeline |
Games Workshop Lagged Returns
When evaluating Games Workshop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Games Workshop stock have on its future price. Games Workshop 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 Workshop autocorrelation shows the relationship between Games Workshop stock current value and its past values and can show if there is a momentum factor associated with investing in Games Workshop Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Games Stock Analysis
When running Games Workshop's price analysis, check to measure Games Workshop's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Games Workshop is operating at the current time. Most of Games Workshop's value examination focuses on studying past and present price action to predict the probability of Games Workshop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Games Workshop's price. Additionally, you may evaluate how the addition of Games Workshop to your portfolios can decrease your overall portfolio volatility.