GAMEC Market Value
| GAMEC Crypto | USD 0.0004 0.000012 2.98% |
| Symbol | GAMEC |
GAMEC '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 GAMEC's crypto coin 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 GAMEC.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in GAMEC on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding GAMEC or generate 0.0% return on investment in GAMEC over 360 days. GAMEC is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. GAMEC is peer-to-peer digital currency powered by the Blockchain technology.
GAMEC 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 GAMEC's crypto coin 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 GAMEC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 45.45 | |||
| Value At Risk | (13.98) | |||
| Potential Upside | 16.24 |
GAMEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMEC's standard deviation. In reality, there are many statistical measures that can use GAMEC historical prices to predict the future GAMEC's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.0206 | |||
| Total Risk Alpha | (1.29) | |||
| Treynor Ratio | 0.0875 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GAMEC'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.
GAMEC Backtested Returns
At this point, GAMEC is exceptionally volatile. GAMEC holds Efficiency (Sharpe) Ratio of 0.02, which attests that digital coin had a 0.02% return per unit of risk over the last 3 months. We have found twenty technical indicators for GAMEC, which you can use to evaluate the volatility of coin. Please check out GAMEC's coefficient of variation of (6,234), and Standard Deviation of 8.73 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The entity retains a Market Volatility (i.e., Beta) of -1.71, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GAMEC are expected to decrease by larger amounts. On the other hand, during market turmoil, GAMEC is expected to outperform it.
Auto-correlation | -1 |
Near perfect reversele predictability
GAMEC has near perfect reversele predictability. Overlapping area represents the amount of predictability between GAMEC time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 GAMEC price movement. The serial correlation of -1.0 indicates that 100.0% of current GAMEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -1.0 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GAMEC lagged returns against current returns
Autocorrelation, which is GAMEC crypto coin'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 GAMEC's crypto coin expected returns. We can calculate the autocorrelation of GAMEC returns to help us make a trade decision. For example, suppose you find that GAMEC has exhibited high autocorrelation historically, and you observe that the crypto coin 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 |
GAMEC 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 GAMEC crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMEC crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMEC crypto coin over time.
Current vs Lagged Prices |
| Timeline |
GAMEC Lagged Returns
When evaluating GAMEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMEC crypto coin have on its future price. GAMEC 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, GAMEC autocorrelation shows the relationship between GAMEC crypto coin current value and its past values and can show if there is a momentum factor associated with investing in GAMEC.
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 GAMEC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GAMEC'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 Gamec Crypto.Check out GAMEC Correlation, GAMEC Volatility and Investing Opportunities module to complement your research on GAMEC. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
GAMEC technical crypto coin 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, crypto market cycles, or different charting patterns.