Real Luck Group Stock Market Value
| LUCK Stock | CAD 70.00 2.00 2.94% |
| Symbol | Real |
Real Luck Group Price To Book Ratio
Real Luck '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 Real Luck'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 Real Luck.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Real Luck on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Real Luck Group or generate 0.0% return on investment in Real Luck over 270 days. Real Luck is related to or competes with Bragg Gaming. Real Luck Group Ltd., together with its subsidiaries, provides e-sports wagering services worldwide More
Real Luck 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 Real Luck'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 Real Luck Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.99 | |||
| Information Ratio | 0.0564 | |||
| Maximum Drawdown | 47.25 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 9.72 |
Real Luck Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Real Luck's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Real Luck's standard deviation. In reality, there are many statistical measures that can use Real Luck historical prices to predict the future Real Luck's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.5531 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0934 | |||
| Treynor Ratio | (1.00) |
Real Luck Group Backtested Returns
Real Luck appears to be not too volatile, given 3 months investment horizon. Real Luck Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0728, which implies the firm had a 0.0728% return per unit of risk over the last 3 months. We have found thirty technical indicators for Real Luck Group, which you can use to evaluate the volatility of the company. Please evaluate Real Luck's Coefficient Of Variation of 1311.55, semi deviation of 3.33, and Risk Adjusted Performance of 0.0673 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Real Luck holds a performance score of 5. The company holds a Beta of -0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Real Luck are expected to decrease at a much lower rate. During the bear market, Real Luck is likely to outperform the market. Please check Real Luck's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Real Luck's historical price patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
Real Luck Group has modest predictability. Overlapping area represents the amount of predictability between Real Luck time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Real Luck Group price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Real Luck price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 111.24 |
Real Luck Group lagged returns against current returns
Autocorrelation, which is Real Luck 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 Real Luck's stock expected returns. We can calculate the autocorrelation of Real Luck returns to help us make a trade decision. For example, suppose you find that Real Luck 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 |
Real Luck 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 Real Luck stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Luck stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Real Luck stock over time.
Current vs Lagged Prices |
| Timeline |
Real Luck Lagged Returns
When evaluating Real Luck's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Real Luck stock have on its future price. Real Luck 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, Real Luck autocorrelation shows the relationship between Real Luck stock current value and its past values and can show if there is a momentum factor associated with investing in Real Luck Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Real Stock Analysis
When running Real Luck's price analysis, check to measure Real Luck'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 Real Luck is operating at the current time. Most of Real Luck's value examination focuses on studying past and present price action to predict the probability of Real Luck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Real Luck's price. Additionally, you may evaluate how the addition of Real Luck to your portfolios can decrease your overall portfolio volatility.