Genting Singapore Limited Stock Market Value
| GIGNF Stock | USD 0.57 0.00 0.00% |
| Symbol | Genting |
Genting Singapore '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 Genting Singapore's pink sheet 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 Genting Singapore.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Genting Singapore on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Genting Singapore Limited or generate 0.0% return on investment in Genting Singapore over 30 days. Genting Singapore is related to or competes with SJM Holdings, Studio City, Monarch Casino, Playa Hotels, Las Vegas, MGM Resorts, and Caesars Entertainment. Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asi... More
Genting Singapore 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 Genting Singapore's pink sheet 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 Genting Singapore Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 13.15 |
Genting Singapore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genting Singapore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genting Singapore's standard deviation. In reality, there are many statistical measures that can use Genting Singapore historical prices to predict the future Genting Singapore's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.3127 |
Genting Singapore Backtested Returns
Genting Singapore holds Efficiency (Sharpe) Ratio of -0.0558, which attests that the entity had a -0.0558% return per unit of risk over the last 3 months. Genting Singapore exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genting Singapore's Risk Adjusted Performance of (0.04), standard deviation of 1.27, and Market Risk Adjusted Performance of 0.3227 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Genting Singapore are expected to decrease at a much lower rate. During the bear market, Genting Singapore is likely to outperform the market. At this point, Genting Singapore has a negative expected return of -0.0717%. Please make sure to check out Genting Singapore's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Genting Singapore performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Genting Singapore Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Genting Singapore time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Genting Singapore price movement. The serial correlation of 0.0 indicates that just 0.0% of current Genting Singapore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Genting Singapore lagged returns against current returns
Autocorrelation, which is Genting Singapore pink sheet'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 Genting Singapore's pink sheet expected returns. We can calculate the autocorrelation of Genting Singapore returns to help us make a trade decision. For example, suppose you find that Genting Singapore has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Genting Singapore 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 Genting Singapore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genting Singapore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genting Singapore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Genting Singapore Lagged Returns
When evaluating Genting Singapore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genting Singapore pink sheet have on its future price. Genting Singapore 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, Genting Singapore autocorrelation shows the relationship between Genting Singapore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Genting Singapore Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Genting Pink Sheet
Genting Singapore financial ratios help investors to determine whether Genting Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genting with respect to the benefits of owning Genting Singapore security.