Gambling Group Stock Market Value
| GAMB Stock | USD 14.47 0.26 1.83% |
| Symbol | Gambling |
Gambling Group Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Gambling. If investors know Gambling 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 Gambling 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 24.173 | Earnings Share 0.78 | Revenue Per Share | Quarterly Revenue Growth 0.176 | Return On Assets |
The market value of Gambling Group is measured differently than its book value, which is the value of Gambling that is recorded on the company's balance sheet. Investors also form their own opinion of Gambling's value that differs from its market value or its book value, called intrinsic value, which is Gambling'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 Gambling's market value can be influenced by many factors that don't directly affect Gambling'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 Gambling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gambling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gambling'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.
Gambling '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 Gambling'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 Gambling.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Gambling on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Gambling Group or generate 0.0% return on investment in Gambling over 150 days. Gambling is related to or competes with Codere Online, Accel Entertainment, PlayAGS, Canterbury Park, Light Wonder, Everi Holdings, and Inspired Entertainment. Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide More
Gambling 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 Gambling'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 Gambling Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.1415 | |||
| Maximum Drawdown | 28.84 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 4.22 |
Gambling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gambling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gambling's standard deviation. In reality, there are many statistical measures that can use Gambling historical prices to predict the future Gambling's volatility.| Risk Adjusted Performance | 0.1466 | |||
| Jensen Alpha | 0.6928 | |||
| Total Risk Alpha | 0.2284 | |||
| Sortino Ratio | 0.2151 | |||
| Treynor Ratio | (2.45) |
Gambling Group Backtested Returns
Gambling appears to be somewhat reliable, given 3 months investment horizon. Gambling Group holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19 % return per unit of risk over the last 3 months. By evaluating Gambling's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize Gambling's Downside Deviation of 2.69, risk adjusted performance of 0.1466, and Market Risk Adjusted Performance of (2.44) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gambling holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gambling are expected to decrease at a much lower rate. During the bear market, Gambling is likely to outperform the market. Please check Gambling's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Gambling's current trending patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Gambling Group has weak reverse predictability. Overlapping area represents the amount of predictability between Gambling time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 Gambling Group price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Gambling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Gambling Group lagged returns against current returns
Autocorrelation, which is Gambling 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 Gambling's stock expected returns. We can calculate the autocorrelation of Gambling returns to help us make a trade decision. For example, suppose you find that Gambling 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 |
Gambling 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 Gambling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gambling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gambling stock over time.
Current vs Lagged Prices |
| Timeline |
Gambling Lagged Returns
When evaluating Gambling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gambling stock have on its future price. Gambling 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, Gambling autocorrelation shows the relationship between Gambling stock current value and its past values and can show if there is a momentum factor associated with investing in Gambling Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gambling Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gambling's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gambling Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gambling Group Stock:Check out Gambling Correlation, Gambling Volatility and Gambling Alpha and Beta module to complement your research on Gambling. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Gambling 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.