GAME HOURS (Taiwan) Performance
| 6626 Stock | 6.97 0.16 2.24% |
The firm retains a Market Volatility (i.e., Beta) of -0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GAME HOURS are expected to decrease at a much lower rate. During the bear market, GAME HOURS is likely to outperform the market. At this point, GAME HOURS has a negative expected return of -0.38%. Please make sure to check out GAME HOURS's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if GAME HOURS performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days GAME HOURS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
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GAME HOURS Relative Risk vs. Return Landscape
If you would invest 925.00 in GAME HOURS on September 1, 2024 and sell it today you would lose (228.00) from holding GAME HOURS or give up 24.65% of portfolio value over 90 days. GAME HOURS is generating negative expected returns and assumes 3.6547% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than GAME, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GAME HOURS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAME HOURS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GAME HOURS, and traders can use it to determine the average amount a GAME HOURS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1051
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 6626 |
Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GAME HOURS is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GAME HOURS by adding GAME HOURS to a well-diversified portfolio.
About GAME HOURS Performance
Evaluating GAME HOURS's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if GAME HOURS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if GAME HOURS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about GAME HOURS performance evaluation
Checking the ongoing alerts about GAME HOURS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GAME HOURS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GAME HOURS generated a negative expected return over the last 90 days | |
| GAME HOURS has high historical volatility and very poor performance |
- Analyzing GAME HOURS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether GAME HOURS's stock is overvalued or undervalued compared to its peers.
- Examining GAME HOURS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating GAME HOURS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GAME HOURS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GAME HOURS's stock. These opinions can provide insight into GAME HOURS's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for GAME Stock Analysis
When running GAME HOURS's price analysis, check to measure GAME HOURS's 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 GAME HOURS is operating at the current time. Most of GAME HOURS's value examination focuses on studying past and present price action to predict the probability of GAME HOURS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GAME HOURS's price. Additionally, you may evaluate how the addition of GAME HOURS to your portfolios can decrease your overall portfolio volatility.