Pixel Crow (Poland) Market Value
| PIX Stock | 0.10 0.00 0.00% |
| Symbol | Pixel |
Pixel Crow '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 Pixel Crow'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 Pixel Crow.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Pixel Crow on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Pixel Crow Games or generate 0.0% return on investment in Pixel Crow over 720 days. Pixel Crow is related to or competes with Intersport Polska, Ice Code, MBank SA, Bank Millennium, Skyline Investment, Carlson Investments, and Live Motion. More
Pixel Crow 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 Pixel Crow'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 Pixel Crow Games upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 27.12 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 |
Pixel Crow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pixel Crow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pixel Crow's standard deviation. In reality, there are many statistical measures that can use Pixel Crow historical prices to predict the future Pixel Crow's volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | 0.0724 | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 0.0439 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pixel Crow'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.
Pixel Crow Games Backtested Returns
Pixel Crow appears to be out of control, given 3 months investment horizon. Pixel Crow Games maintains Sharpe Ratio (i.e., Efficiency) of 0.061, which implies the firm had a 0.061% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Pixel Crow Games, which you can use to evaluate the volatility of the company. Please evaluate Pixel Crow's Variance of 20.14, risk adjusted performance of 3.0E-4, and Coefficient Of Variation of (9,517) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pixel Crow holds a performance score of 4. The company holds a Beta of -1.3, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pixel Crow are expected to decrease by larger amounts. On the other hand, during market turmoil, Pixel Crow is expected to outperform it. Please check Pixel Crow's variance, as well as the relationship between the potential upside and day typical price , to make a quick decision on whether Pixel Crow's historical price patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Pixel Crow Games has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Pixel Crow time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Pixel Crow Games price movement. The serial correlation of -0.72 indicates that around 72.0% of current Pixel Crow price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pixel Crow Games lagged returns against current returns
Autocorrelation, which is Pixel Crow 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 Pixel Crow's stock expected returns. We can calculate the autocorrelation of Pixel Crow returns to help us make a trade decision. For example, suppose you find that Pixel Crow 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 |
Pixel Crow 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 Pixel Crow stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pixel Crow stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pixel Crow stock over time.
Current vs Lagged Prices |
| Timeline |
Pixel Crow Lagged Returns
When evaluating Pixel Crow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pixel Crow stock have on its future price. Pixel Crow 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, Pixel Crow autocorrelation shows the relationship between Pixel Crow stock current value and its past values and can show if there is a momentum factor associated with investing in Pixel Crow Games.
Regressed Prices |
| Timeline |
Pair Trading with Pixel Crow
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pixel Crow position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pixel Crow will appreciate offsetting losses from the drop in the long position's value.Moving against Pixel Stock
The ability to find closely correlated positions to Pixel Crow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pixel Crow when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pixel Crow - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pixel Crow Games to buy it.
The correlation of Pixel Crow is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pixel Crow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pixel Crow Games moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pixel Crow can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Pixel Stock Analysis
When running Pixel Crow's price analysis, check to measure Pixel Crow'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 Pixel Crow is operating at the current time. Most of Pixel Crow's value examination focuses on studying past and present price action to predict the probability of Pixel Crow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixel Crow's price. Additionally, you may evaluate how the addition of Pixel Crow to your portfolios can decrease your overall portfolio volatility.