Gungho Online Entertainment Stock Market Value
| GUNGF Stock | USD 19.28 0.00 0.00% |
| Symbol | GungHo |
GungHo Online '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 GungHo Online's otc 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 GungHo Online.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in GungHo Online on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding GungHo Online Entertainment or generate 0.0% return on investment in GungHo Online over 30 days. GungHo Online is related to or competes with GDEV, Doubledown Interactive, Playstudios, and SohuCom. GungHo Online Entertainment, Inc. plans, develops, operates, and distributes online computer games, smartphone applicati... More
GungHo Online 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 GungHo Online's otc 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 GungHo Online Entertainment upside and downside potential and time the market with a certain degree of confidence.
GungHo Online Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GungHo Online's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GungHo Online's standard deviation. In reality, there are many statistical measures that can use GungHo Online historical prices to predict the future GungHo Online's volatility.GungHo Online Entert Backtested Returns
We have found three technical indicators for GungHo Online Entert, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GungHo Online are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
GungHo Online Entertainment has perfect predictability. Overlapping area represents the amount of predictability between GungHo Online time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 GungHo Online Entert price movement. The serial correlation of 1.0 indicates that 100.0% of current GungHo Online 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 |
GungHo Online Entert lagged returns against current returns
Autocorrelation, which is GungHo Online otc 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 GungHo Online's otc stock expected returns. We can calculate the autocorrelation of GungHo Online returns to help us make a trade decision. For example, suppose you find that GungHo Online has exhibited high autocorrelation historically, and you observe that the otc 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 |
GungHo Online 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 GungHo Online otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GungHo Online otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GungHo Online otc stock over time.
Current vs Lagged Prices |
| Timeline |
GungHo Online Lagged Returns
When evaluating GungHo Online's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GungHo Online otc stock have on its future price. GungHo Online 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, GungHo Online autocorrelation shows the relationship between GungHo Online otc stock current value and its past values and can show if there is a momentum factor associated with investing in GungHo Online Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GungHo OTC Stock
GungHo Online financial ratios help investors to determine whether GungHo OTC Stock 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 GungHo with respect to the benefits of owning GungHo Online security.