Qiiwi Games (Sweden) Market Value
| QIIWI Stock | SEK 2.16 0.06 2.70% |
| Symbol | Qiiwi |
Qiiwi 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 Qiiwi Games' 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 Qiiwi Games.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Qiiwi Games on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Qiiwi Games AB or generate 0.0% return on investment in Qiiwi Games over 570 days. Qiiwi Games is related to or competes with Nitro Games, Zaplox AB, Thunderful Group, Northbaze Group, Divio Technologies, and Fram Skandinavien. Qiiwi Games AB develops games for mobile platforms, such as iOS and Android More
Qiiwi 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 Qiiwi Games' 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 Qiiwi Games AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 14.76 | |||
| Value At Risk | (5.67) | |||
| Potential Upside | 5.34 |
Qiiwi Games Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qiiwi Games' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qiiwi Games' standard deviation. In reality, there are many statistical measures that can use Qiiwi Games historical prices to predict the future Qiiwi Games' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.45) |
Qiiwi Games AB Backtested Returns
Qiiwi Games AB maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14 % return per unit of risk over the last 3 months. Qiiwi Games AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qiiwi Games' Variance of 9.84, risk adjusted performance of (0.07), and Coefficient Of Variation of (956.48) to confirm the risk estimate we provide. The company holds a Beta of 0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Qiiwi Games' returns are expected to increase less than the market. However, during the bear market, the loss of holding Qiiwi Games is expected to be smaller as well. At this point, Qiiwi Games AB has a negative expected return of -0.44%. Please make sure to check Qiiwi Games' information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Qiiwi Games AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Qiiwi Games AB has poor predictability. Overlapping area represents the amount of predictability between Qiiwi Games time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Qiiwi Games AB price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Qiiwi Games price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Qiiwi Games AB lagged returns against current returns
Autocorrelation, which is Qiiwi Games 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 Qiiwi Games' stock expected returns. We can calculate the autocorrelation of Qiiwi Games returns to help us make a trade decision. For example, suppose you find that Qiiwi Games 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 |
Qiiwi 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 Qiiwi Games stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qiiwi Games stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qiiwi Games stock over time.
Current vs Lagged Prices |
| Timeline |
Qiiwi Games Lagged Returns
When evaluating Qiiwi Games' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qiiwi Games stock have on its future price. Qiiwi 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, Qiiwi Games autocorrelation shows the relationship between Qiiwi Games stock current value and its past values and can show if there is a momentum factor associated with investing in Qiiwi Games AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Qiiwi Stock Analysis
When running Qiiwi Games' price analysis, check to measure Qiiwi Games' 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 Qiiwi Games is operating at the current time. Most of Qiiwi Games' value examination focuses on studying past and present price action to predict the probability of Qiiwi Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qiiwi Games' price. Additionally, you may evaluate how the addition of Qiiwi Games to your portfolios can decrease your overall portfolio volatility.