Simplicity Esports And Stock Market Value
| WINR Stock | USD 0.0001 0.00 0.00% |
| Symbol | Simplicity |
Simplicity Esports '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 Simplicity Esports' 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 Simplicity Esports.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Simplicity Esports on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Simplicity Esports and or generate 0.0% return on investment in Simplicity Esports over 720 days. Simplicity Esports and Gaming Company operates as an esports company in the United States and India More
Simplicity Esports 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 Simplicity Esports' 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 Simplicity Esports and upside and downside potential and time the market with a certain degree of confidence.
Simplicity Esports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplicity Esports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simplicity Esports' standard deviation. In reality, there are many statistical measures that can use Simplicity Esports historical prices to predict the future Simplicity Esports' volatility.Simplicity Esports and Backtested Returns
We have found three technical indicators for Simplicity Esports and, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Simplicity Esports are completely uncorrelated.
Auto-correlation | 0.48 |
Average predictability
Simplicity Esports and has average predictability. Overlapping area represents the amount of predictability between Simplicity Esports time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th 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 Simplicity Esports and price movement. The serial correlation of 0.48 indicates that about 48.0% of current Simplicity Esports price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Simplicity Esports and lagged returns against current returns
Autocorrelation, which is Simplicity Esports 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 Simplicity Esports' pink sheet expected returns. We can calculate the autocorrelation of Simplicity Esports returns to help us make a trade decision. For example, suppose you find that Simplicity Esports 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 |
Simplicity Esports 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 Simplicity Esports pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simplicity Esports pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simplicity Esports pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Simplicity Esports Lagged Returns
When evaluating Simplicity Esports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simplicity Esports pink sheet have on its future price. Simplicity Esports 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, Simplicity Esports autocorrelation shows the relationship between Simplicity Esports pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Simplicity Esports and.
Regressed Prices |
| Timeline |
Pair Trading with Simplicity Esports
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 Simplicity Esports 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 Simplicity Esports will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Simplicity Esports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simplicity Esports 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 Simplicity Esports - 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 Simplicity Esports and to buy it.
The correlation of Simplicity Esports 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 Simplicity Esports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simplicity Esports and 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 Simplicity Esports 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 Simplicity Pink Sheet Analysis
When running Simplicity Esports' price analysis, check to measure Simplicity Esports' 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 Simplicity Esports is operating at the current time. Most of Simplicity Esports' value examination focuses on studying past and present price action to predict the probability of Simplicity Esports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simplicity Esports' price. Additionally, you may evaluate how the addition of Simplicity Esports to your portfolios can decrease your overall portfolio volatility.