Betmakers Technology Group Stock Market Value
| TPBTF Stock | USD 0.07 0.00 0.00% |
| Symbol | Betmakers |
Betmakers Technology '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 Betmakers Technology'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 Betmakers Technology.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Betmakers Technology on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Betmakers Technology Group or generate 0.0% return on investment in Betmakers Technology over 720 days. Betmakers Technology is related to or competes with Agricultural Bank, Harmony Gold, and Dairy Farm. Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics prod... More
Betmakers Technology 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 Betmakers Technology'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 Betmakers Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 47.62 |
Betmakers Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Betmakers Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betmakers Technology's standard deviation. In reality, there are many statistical measures that can use Betmakers Technology historical prices to predict the future Betmakers Technology's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | 1.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Betmakers Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Betmakers Technology Backtested Returns
Betmakers Technology secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Betmakers Technology Group exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betmakers Technology's Mean Deviation of 1.42, standard deviation of 5.86, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Betmakers Technology are expected to decrease at a much lower rate. During the bear market, Betmakers Technology is likely to outperform the market. At this point, Betmakers Technology has a negative expected return of -0.76%. Please make sure to confirm Betmakers Technology's variance, as well as the relationship between the skewness and day typical price , to decide if Betmakers Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Betmakers Technology Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Betmakers Technology time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Betmakers Technology price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Betmakers Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Betmakers Technology lagged returns against current returns
Autocorrelation, which is Betmakers Technology 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 Betmakers Technology's pink sheet expected returns. We can calculate the autocorrelation of Betmakers Technology returns to help us make a trade decision. For example, suppose you find that Betmakers Technology 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 |
Betmakers Technology 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 Betmakers Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betmakers Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betmakers Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Betmakers Technology Lagged Returns
When evaluating Betmakers Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betmakers Technology pink sheet have on its future price. Betmakers Technology 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, Betmakers Technology autocorrelation shows the relationship between Betmakers Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Betmakers Technology Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Betmakers Pink Sheet
Betmakers Technology financial ratios help investors to determine whether Betmakers 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 Betmakers with respect to the benefits of owning Betmakers Technology security.