Real Luck Group Stock Market Value
| LUKEF Stock | USD 0 0.00 0.00% |
| Symbol | Real |
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 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 Real Luck.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Real Luck on May 30, 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 180 days. Real Luck is related to or competes with 888 Holdings, and DraftKings. 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 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 Real Luck Group upside and downside potential and time the market with a certain degree of confidence.
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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Real Luck'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.
Real Luck Group Backtested Returns
Real Luck is out of control given 3 months investment horizon. Real Luck Group maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for five different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Real Luck daily balance of power of 9.2 T, and Day Typical Price of 0.0017 to evaluate company specific risk that cannot be diversified away. Real Luck holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Real Luck are completely uncorrelated. Use Real Luck rate of daily change , to analyze future returns on Real Luck.
Auto-correlation | 0.09 |
Virtually no predictability
Real Luck Group has virtually no predictability. Overlapping area represents the amount of predictability between Real Luck time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 0.09 indicates that less than 9.0% of current Real Luck price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Real Luck Group lagged returns against current returns
Autocorrelation, which is Real Luck 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 Real Luck's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Luck pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Real Luck pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Real Pink Sheet
Real Luck financial ratios help investors to determine whether Real 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 Real with respect to the benefits of owning Real Luck security.