Gdev Inc Stock Market Value
| GDEV Stock | USD 16.04 0.54 3.48% |
| Symbol | GDEV |
GDEV Inc Price To Book Ratio
Is Movies & 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 GDEV. If investors know GDEV 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 GDEV 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 (0.21) | Earnings Share 2.45 | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets |
The market value of GDEV Inc is measured differently than its book value, which is the value of GDEV that is recorded on the company's balance sheet. Investors also form their own opinion of GDEV's value that differs from its market value or its book value, called intrinsic value, which is GDEV'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 GDEV's market value can be influenced by many factors that don't directly affect GDEV'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 GDEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDEV'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.
GDEV '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 GDEV'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 GDEV.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in GDEV on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding GDEV Inc or generate 0.0% return on investment in GDEV over 30 days. GDEV is related to or competes with Bragg Gaming, Snail,, Playstudios, SohuCom, Playtika Holding, Doubledown Interactive, and Golden Matrix. Nexters Inc. operates as a game development company worldwide More
GDEV 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 GDEV'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 GDEV Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 26.83 | |||
| Value At Risk | (8.17) | |||
| Potential Upside | 5.56 |
GDEV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GDEV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GDEV's standard deviation. In reality, there are many statistical measures that can use GDEV historical prices to predict the future GDEV's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (1.32) | |||
| Total Risk Alpha | (1.71) | |||
| Treynor Ratio | 5.78 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GDEV'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.
GDEV Inc Backtested Returns
GDEV Inc holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19 % return per unit of return volatility over the last 3 months. GDEV Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GDEV's Risk Adjusted Performance of (0.23), market risk adjusted performance of 5.79, and Coefficient Of Variation of (348.27) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GDEV are expected to decrease at a much lower rate. During the bear market, GDEV is likely to outperform the market. At this point, GDEV Inc has a negative expected return of -0.81%. Please make sure to check out GDEV's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if GDEV Inc performance from the past will be repeated in the future.
Auto-correlation | 0.71 |
Good predictability
GDEV Inc has good predictability. Overlapping area represents the amount of predictability between GDEV time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 GDEV Inc price movement. The serial correlation of 0.71 indicates that around 71.0% of current GDEV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
GDEV Inc lagged returns against current returns
Autocorrelation, which is GDEV 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 GDEV's stock expected returns. We can calculate the autocorrelation of GDEV returns to help us make a trade decision. For example, suppose you find that GDEV 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 |
GDEV 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 GDEV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GDEV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GDEV stock over time.
Current vs Lagged Prices |
| Timeline |
GDEV Lagged Returns
When evaluating GDEV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GDEV stock have on its future price. GDEV 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, GDEV autocorrelation shows the relationship between GDEV stock current value and its past values and can show if there is a momentum factor associated with investing in GDEV Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.