Playgon Games Stock Market Value
| PLGNF Stock | USD 0.01 0 37.50% |
| Symbol | Playgon |
Playgon Games '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 Playgon Games' 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 Playgon Games.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Playgon Games on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Playgon Games or generate 0.0% return on investment in Playgon Games over 30 days. Playgon Games is related to or competes with S A P, Salesforce, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. Playgon Games Inc. engages in the development and licensing of digital content for the iGaming market More
Playgon Games 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 Playgon Games' 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 Playgon Games upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.05 | |||
| Information Ratio | 0.0438 | |||
| Maximum Drawdown | 72.86 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 29.09 |
Playgon Games Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Playgon Games' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Playgon Games' standard deviation. In reality, there are many statistical measures that can use Playgon Games historical prices to predict the future Playgon Games' volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.4642 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | 0.0313 | |||
| Treynor Ratio | 0.4139 |
Playgon Games Backtested Returns
Playgon Games appears to be out of control, given 3 months investment horizon. Playgon Games maintains Sharpe Ratio (i.e., Efficiency) of 0.0281, which implies the firm had a 0.0281 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Playgon Games, which you can use to evaluate the volatility of the company. Please evaluate Playgon Games' Risk Adjusted Performance of 0.0531, coefficient of variation of 1906.93, and Semi Deviation of 6.56 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Playgon Games holds a performance score of 2. The company holds a Beta of 1.43, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Playgon Games will likely underperform. Please check Playgon Games' coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to make a quick decision on whether Playgon Games' historical price patterns will revert.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Playgon Games has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Playgon Games time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Playgon Games price movement. The serial correlation of -0.77 indicates that around 77.0% of current Playgon Games price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Playgon Games lagged returns against current returns
Autocorrelation, which is Playgon Games 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 Playgon Games' pink sheet expected returns. We can calculate the autocorrelation of Playgon Games returns to help us make a trade decision. For example, suppose you find that Playgon Games 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 |
Playgon Games 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 Playgon Games pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Playgon Games pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Playgon Games pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Playgon Games Lagged Returns
When evaluating Playgon Games' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Playgon Games pink sheet have on its future price. Playgon Games 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, Playgon Games autocorrelation shows the relationship between Playgon Games pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Playgon Games.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Playgon Pink Sheet
Playgon Games financial ratios help investors to determine whether Playgon 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 Playgon with respect to the benefits of owning Playgon Games security.