Gaming Realms Plc Stock Market Value
| PSDMF Stock | USD 0.46 0.00 0.00% |
| Symbol | Gaming |
Gaming Realms '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 Gaming Realms' otc 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 Gaming Realms.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Gaming Realms on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Gaming Realms plc or generate 0.0% return on investment in Gaming Realms over 30 days. Gaming Realms is related to or competes with 888 Holdings. Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle... More
Gaming Realms 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 Gaming Realms' otc 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 Gaming Realms plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 17.13 |
Gaming Realms Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gaming Realms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gaming Realms' standard deviation. In reality, there are many statistical measures that can use Gaming Realms historical prices to predict the future Gaming Realms' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 5.36 |
Gaming Realms plc Backtested Returns
Gaming Realms plc holds Efficiency (Sharpe) Ratio of -0.0815, which attests that the entity had a -0.0815% return per unit of risk over the last 3 months. Gaming Realms plc exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gaming Realms' Standard Deviation of 1.74, market risk adjusted performance of 5.37, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.028, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gaming Realms are expected to decrease at a much lower rate. During the bear market, Gaming Realms is likely to outperform the market. At this point, Gaming Realms plc has a negative expected return of -0.14%. Please make sure to check out Gaming Realms' information ratio and kurtosis , to decide if Gaming Realms plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Gaming Realms plc has modest predictability. Overlapping area represents the amount of predictability between Gaming Realms time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Gaming Realms plc price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Gaming Realms price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gaming Realms plc lagged returns against current returns
Autocorrelation, which is Gaming Realms otc 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 Gaming Realms' otc stock expected returns. We can calculate the autocorrelation of Gaming Realms returns to help us make a trade decision. For example, suppose you find that Gaming Realms has exhibited high autocorrelation historically, and you observe that the otc 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 |
Gaming Realms 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 Gaming Realms otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gaming Realms otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gaming Realms otc stock over time.
Current vs Lagged Prices |
| Timeline |
Gaming Realms Lagged Returns
When evaluating Gaming Realms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gaming Realms otc stock have on its future price. Gaming Realms 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, Gaming Realms autocorrelation shows the relationship between Gaming Realms otc stock current value and its past values and can show if there is a momentum factor associated with investing in Gaming Realms plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gaming OTC Stock
Gaming Realms financial ratios help investors to determine whether Gaming OTC Stock 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 Gaming with respect to the benefits of owning Gaming Realms security.