GAMING FAC (Germany) Market Value
| 9JU Stock | EUR 1.63 0.04 2.40% |
| Symbol | GAMING |
GAMING FAC '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 GAMING FAC's stock 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 GAMING FAC.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in GAMING FAC on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding GAMING FAC SA or generate 0.0% return on investment in GAMING FAC over 180 days. GAMING FAC is related to or competes with Nintendo, Nintendo, Sea, Take-Two Interactive, and Bilibili. Gaming Factory S.A. produces and publishes personal computer and console games More
GAMING FAC 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 GAMING FAC's stock 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 GAMING FAC SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 21.77 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 7.41 |
GAMING FAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMING FAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMING FAC's standard deviation. In reality, there are many statistical measures that can use GAMING FAC historical prices to predict the future GAMING FAC's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.53) |
GAMING FAC SA Backtested Returns
GAMING FAC SA holds Efficiency (Sharpe) Ratio of -0.0991, which attests that the company had a -0.0991% return per unit of risk over the last 3 months. GAMING FAC SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GAMING FAC's coefficient of variation of (1,546), and Standard Deviation of 3.65 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GAMING FAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding GAMING FAC is expected to be smaller as well. At this point, GAMING FAC SA has a negative expected return of -0.35%. Please make sure to check out GAMING FAC's variance, treynor ratio, daily balance of power, as well as the relationship between the jensen alpha and skewness , to decide if GAMING FAC SA performance from the past will be repeated in the future.
Auto-correlation | 0.63 |
Good predictability
GAMING FAC SA has good predictability. Overlapping area represents the amount of predictability between GAMING FAC time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 GAMING FAC SA price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current GAMING FAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
GAMING FAC SA lagged returns against current returns
Autocorrelation, which is GAMING FAC stock'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 GAMING FAC's stock expected returns. We can calculate the autocorrelation of GAMING FAC returns to help us make a trade decision. For example, suppose you find that GAMING FAC has exhibited high autocorrelation historically, and you observe that the stock 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 |
GAMING FAC 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 GAMING FAC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMING FAC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMING FAC stock over time.
Current vs Lagged Prices |
| Timeline |
GAMING FAC Lagged Returns
When evaluating GAMING FAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMING FAC stock have on its future price. GAMING FAC 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, GAMING FAC autocorrelation shows the relationship between GAMING FAC stock current value and its past values and can show if there is a momentum factor associated with investing in GAMING FAC SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GAMING Stock
GAMING FAC financial ratios help investors to determine whether GAMING Stock 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 GAMING with respect to the benefits of owning GAMING FAC security.