Genting Singapore Plc Stock Market Value
| GIGNY Stock | USD 30.72 0.27 0.89% |
| 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.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Genting Singapore on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Genting Singapore PLC or generate 0.0% return on investment in Genting Singapore over 30 days. Genting Singapore is related to or competes with Las Vegas, MGM Resorts, Caesars Entertainment, Wynn Resorts, Red Rock, Melco Resorts, and Penn National. 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 PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.32 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 24.02 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 5.56 |
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 | 0.0236 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0628 |
Genting Singapore PLC Backtested Returns
At this stage we consider Genting Pink Sheet to be not too volatile. Genting Singapore PLC holds Efficiency (Sharpe) Ratio of 0.0475, which attests that the entity had a 0.0475% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Genting Singapore PLC, which you can use to evaluate the volatility of the firm. Please check out Genting Singapore's Market Risk Adjusted Performance of 0.0728, downside deviation of 7.32, and Risk Adjusted Performance of 0.0236 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Genting Singapore has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Genting Singapore returns are very sensitive to returns on the market. As the market goes up or down, Genting Singapore is expected to follow. Genting Singapore PLC right now retains a risk of 3.1%. Please check out Genting Singapore maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Genting Singapore will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Genting Singapore PLC has no correlation between past and present. Overlapping area represents the amount of predictability between Genting Singapore time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 PLC 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 | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2.74 |
Genting Singapore PLC 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 PLC.
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.Additional Tools for Genting Pink Sheet Analysis
When running Genting Singapore's price analysis, check to measure Genting Singapore'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 Genting Singapore is operating at the current time. Most of Genting Singapore's value examination focuses on studying past and present price action to predict the probability of Genting Singapore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genting Singapore's price. Additionally, you may evaluate how the addition of Genting Singapore to your portfolios can decrease your overall portfolio volatility.