Embracer Group Ab Stock Market Value
| THQQF Stock | USD 2.45 0.10 3.92% |
| Symbol | Embracer |
Embracer Group '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 Embracer Group'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 Embracer Group.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Embracer Group on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Embracer Group AB or generate 0.0% return on investment in Embracer Group over 30 days. Embracer Group is related to or competes with GDEV, Doubledown Interactive, Playstudios, and SohuCom. Embracer Group AB , together with its subsidiaries, develops and publishes PC, console, mobile, VR, and board games for ... More
Embracer Group 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 Embracer Group'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 Embracer Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.52 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.02 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.01 |
Embracer Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embracer Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embracer Group's standard deviation. In reality, there are many statistical measures that can use Embracer Group historical prices to predict the future Embracer Group's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1644 |
Embracer Group AB Backtested Returns
At this point, Embracer Group is unstable. Embracer Group AB secures Sharpe Ratio (or Efficiency) of 0.02, which denotes the company had a 0.02% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Embracer Group AB, which you can use to evaluate the volatility of the firm. Please confirm Embracer Group's Downside Deviation of 3.52, mean deviation of 1.19, and Semi Deviation of 1.73 to check if the risk estimate we provide is consistent with the expected return of 0.0495%. Embracer Group has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Embracer Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embracer Group is expected to be smaller as well. Embracer Group AB right now shows a risk of 2.48%. Please confirm Embracer Group AB value at risk, and the relationship between the jensen alpha and skewness , to decide if Embracer Group AB will be following its price patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
Embracer Group AB has poor reverse predictability. Overlapping area represents the amount of predictability between Embracer Group time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Embracer Group AB price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Embracer Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Embracer Group AB lagged returns against current returns
Autocorrelation, which is Embracer Group 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 Embracer Group's pink sheet expected returns. We can calculate the autocorrelation of Embracer Group returns to help us make a trade decision. For example, suppose you find that Embracer Group 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 |
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Embracer Group 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 Embracer Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embracer Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embracer Group pink sheet over time.
Current vs Lagged Prices |
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Embracer Group Lagged Returns
When evaluating Embracer Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embracer Group pink sheet have on its future price. Embracer Group 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, Embracer Group autocorrelation shows the relationship between Embracer Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Embracer Group AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Embracer Pink Sheet
Embracer Group financial ratios help investors to determine whether Embracer 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 Embracer with respect to the benefits of owning Embracer Group security.