Silicon Gaming Stock Market Value
| SGIC Stock | USD 0.08 0.01 14.29% |
| Symbol | Silicon |
Silicon Gaming '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 Silicon Gaming's 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 Silicon Gaming.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Silicon Gaming on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Silicon Gaming or generate 0.0% return on investment in Silicon Gaming over 30 days. Silicon Gaming is related to or competes with Cedar Realty, Wheeler Real, Macerich, Simon Property, Realty Income, Wheeler Real, and Wheeler Real. Strategic Realty Trust is a Real Estate Investment Trust focused on owning High Quality West Coast Urban and Street Reta... More
Silicon Gaming 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 Silicon Gaming's 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 Silicon Gaming upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0841 | |||
| Maximum Drawdown | 16.67 |
Silicon Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silicon Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silicon Gaming's standard deviation. In reality, there are many statistical measures that can use Silicon Gaming historical prices to predict the future Silicon Gaming's volatility.| Risk Adjusted Performance | 0.1149 | |||
| Jensen Alpha | 0.3328 | |||
| Total Risk Alpha | 0.0389 | |||
| Treynor Ratio | (0.41) |
Silicon Gaming Backtested Returns
Silicon Gaming appears to be out of control, given 3 months investment horizon. Silicon Gaming owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Silicon Gaming, which you can use to evaluate the volatility of the company. Please review Silicon Gaming's Variance of 4.71, risk adjusted performance of 0.1149, and Coefficient Of Variation of 768.11 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Silicon Gaming holds a performance score of 10. The entity has a beta of -0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Silicon Gaming are expected to decrease at a much lower rate. During the bear market, Silicon Gaming is likely to outperform the market. Please check Silicon Gaming's skewness, as well as the relationship between the rate of daily change and price action indicator , to make a quick decision on whether Silicon Gaming's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Silicon Gaming has no correlation between past and present. Overlapping area represents the amount of predictability between Silicon Gaming time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Silicon Gaming price movement. The serial correlation of 0.0 indicates that just 0.0% of current Silicon Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Silicon Gaming lagged returns against current returns
Autocorrelation, which is Silicon Gaming 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 Silicon Gaming's pink sheet expected returns. We can calculate the autocorrelation of Silicon Gaming returns to help us make a trade decision. For example, suppose you find that Silicon Gaming 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 |
Silicon Gaming 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 Silicon Gaming pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silicon Gaming pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silicon Gaming pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Silicon Gaming Lagged Returns
When evaluating Silicon Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silicon Gaming pink sheet have on its future price. Silicon Gaming 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, Silicon Gaming autocorrelation shows the relationship between Silicon Gaming pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Silicon Gaming.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Silicon Pink Sheet
Silicon Gaming financial ratios help investors to determine whether Silicon 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 Silicon with respect to the benefits of owning Silicon Gaming security.