High Roller Technologies, Stock Market Value
| ROLR Stock | 5.90 0.14 2.32% |
| Symbol | High |
Is Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Roller. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Roller listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of High Roller Technologies, is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Roller's value that differs from its market value or its book value, called intrinsic value, which is High Roller's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Roller's market value can be influenced by many factors that don't directly affect High Roller's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Roller's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Roller is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Roller's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
High Roller '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 High Roller'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 High Roller.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in High Roller on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding High Roller Technologies, or generate 0.0% return on investment in High Roller over 30 days. High Roller is related to or competes with Reading International, Alliance Entertainment, Allied Gaming, Brera Holdings, Kartoon Studios,, and Cineverse Corp. High Roller is entity of United States. It is traded as Stock on NYSE MKT exchange. More
High Roller 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 High Roller'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 High Roller Technologies, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 39.17 | |||
| Value At Risk | (10.48) | |||
| Potential Upside | 16.56 |
High Roller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Roller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as High Roller's standard deviation. In reality, there are many statistical measures that can use High Roller historical prices to predict the future High Roller's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.99) | |||
| Treynor Ratio | 7.05 |
High Roller Technologies, Backtested Returns
High Roller Technologies, holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. High Roller Technologies, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out High Roller's Market Risk Adjusted Performance of 7.06, standard deviation of 7.68, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning High Roller are expected to decrease at a much lower rate. During the bear market, High Roller is likely to outperform the market. At this point, High Roller Technologies, has a negative expected return of -0.77%. Please make sure to check out High Roller's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if High Roller Technologies, performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
High Roller Technologies, has insignificant reverse predictability. Overlapping area represents the amount of predictability between High Roller time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 High Roller Technologies, price movement. The serial correlation of -0.11 indicates that less than 11.0% of current High Roller price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
High Roller Technologies, lagged returns against current returns
Autocorrelation, which is High Roller 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 High Roller's stock expected returns. We can calculate the autocorrelation of High Roller returns to help us make a trade decision. For example, suppose you find that High Roller 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 |
High Roller 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 High Roller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if High Roller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in High Roller stock over time.
Current vs Lagged Prices |
| Timeline |
High Roller Lagged Returns
When evaluating High Roller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of High Roller stock have on its future price. High Roller 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, High Roller autocorrelation shows the relationship between High Roller stock current value and its past values and can show if there is a momentum factor associated with investing in High Roller Technologies,.
Regressed Prices |
| Timeline |
Pair Trading with High Roller
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 High Roller 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 High Roller will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to High Roller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Roller 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 High Roller - 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 High Roller Technologies, to buy it.
The correlation of High Roller 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 High Roller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Roller Technologies, 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 High Roller 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 High Stock Analysis
When running High Roller's price analysis, check to measure High Roller'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 High Roller is operating at the current time. Most of High Roller's value examination focuses on studying past and present price action to predict the probability of High Roller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Roller's price. Additionally, you may evaluate how the addition of High Roller to your portfolios can decrease your overall portfolio volatility.