Champion Gaming Group Stock Market Value
| WGRFF Stock | USD 0 0.05 94.00% |
| Symbol | Champion |
Champion 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 Champion 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 Champion Gaming.
| 06/15/2024 |
| 01/11/2025 |
If you would invest 0.00 in Champion Gaming on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding Champion Gaming Group or generate 0.0% return on investment in Champion Gaming over 210 days. Champion Gaming is related to or competes with Global Net, Vestis, Willis Lease, Yuexiu Transport, Loandepot, Forsys Metals, and Ryder System. Champion Gaming Group Inc. operates as a sports content, data, and analytics company More
Champion 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 Champion 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 Champion Gaming Group upside and downside potential and time the market with a certain degree of confidence.
Champion Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Champion Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Champion Gaming's standard deviation. In reality, there are many statistical measures that can use Champion Gaming historical prices to predict the future Champion Gaming's volatility.Champion Gaming Group Backtested Returns
Champion Gaming Group secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Champion Gaming Group exposes six different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Champion Gaming's daily balance of power of (9,223,372,036,855), and Day Median Price of 0.003 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Champion Gaming are completely uncorrelated. At this point, Champion Gaming Group has a negative expected return of -1.54%. Please make sure to confirm Champion Gaming's price action indicator , to decide if Champion Gaming Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Champion Gaming Group has no correlation between past and present. Overlapping area represents the amount of predictability between Champion Gaming time series from 15th of June 2024 to 28th of September 2024 and 28th of September 2024 to 11th 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 Champion Gaming Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Champion Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Champion Gaming Group lagged returns against current returns
Autocorrelation, which is Champion 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 Champion Gaming's pink sheet expected returns. We can calculate the autocorrelation of Champion Gaming returns to help us make a trade decision. For example, suppose you find that Champion 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 |
Champion 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 Champion Gaming pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Champion 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 Champion Gaming pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Champion Gaming Lagged Returns
When evaluating Champion Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Champion Gaming pink sheet have on its future price. Champion 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, Champion Gaming autocorrelation shows the relationship between Champion Gaming pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Champion Gaming Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
Other Information on Investing in Champion Pink Sheet
Champion Gaming financial ratios help investors to determine whether Champion 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 Champion with respect to the benefits of owning Champion Gaming security.