Nanotech Gaming Stock Market Value
| NTGL Stock | USD 0.0001 0.00 0.00% |
| Symbol | NanoTech |
NanoTech Gaming '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 NanoTech Gaming'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 NanoTech Gaming.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in NanoTech Gaming on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding NanoTech Gaming or generate 0.0% return on investment in NanoTech Gaming over 30 days. NanoTech Gaming, Inc. develops gaming products in the United States More
NanoTech Gaming 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 NanoTech Gaming'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 NanoTech Gaming upside and downside potential and time the market with a certain degree of confidence.
NanoTech Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NanoTech Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NanoTech Gaming's standard deviation. In reality, there are many statistical measures that can use NanoTech Gaming historical prices to predict the future NanoTech Gaming's volatility.NanoTech Gaming Backtested Returns
NanoTech Gaming has Sharpe Ratio of 0.11, which conveys that 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 three different technical indicators, which can help you to evaluate if expected returns of 14.06% are justified by taking the suggested risk. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NanoTech Gaming are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
NanoTech Gaming has no correlation between past and present. Overlapping area represents the amount of predictability between NanoTech Gaming time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 NanoTech Gaming price movement. The serial correlation of 0.0 indicates that just 0.0% of current NanoTech Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NanoTech Gaming lagged returns against current returns
Autocorrelation, which is NanoTech Gaming 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 NanoTech Gaming's pink sheet expected returns. We can calculate the autocorrelation of NanoTech Gaming returns to help us make a trade decision. For example, suppose you find that NanoTech Gaming 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 |
NanoTech Gaming 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 NanoTech Gaming pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NanoTech Gaming pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NanoTech Gaming pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NanoTech Gaming Lagged Returns
When evaluating NanoTech Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NanoTech Gaming pink sheet have on its future price. NanoTech Gaming 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, NanoTech Gaming autocorrelation shows the relationship between NanoTech Gaming pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NanoTech Gaming.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in NanoTech Pink Sheet
NanoTech Gaming financial ratios help investors to determine whether NanoTech 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 NanoTech with respect to the benefits of owning NanoTech Gaming security.