Games Workshop (UK) Market Value
| GAW Stock | 13,870 180.00 1.31% |
| Symbol | Games |
Games Workshop '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 Games Workshop'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 Games Workshop.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Games Workshop on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Games Workshop Group or generate 0.0% return on investment in Games Workshop over 540 days. Games Workshop is related to or competes with Intuitive Investments, Host Hotels, FC Investment, Bankers Investment, Livermore Investments, Park Hotels, and Nordic Semiconductor. Games Workshop is entity of United Kingdom More
Games Workshop 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 Games Workshop'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 Games Workshop Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.1378 | |||
| Maximum Drawdown | 19.65 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.77 |
Games Workshop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Games Workshop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Games Workshop's standard deviation. In reality, there are many statistical measures that can use Games Workshop historical prices to predict the future Games Workshop's volatility.| Risk Adjusted Performance | 0.1511 | |||
| Jensen Alpha | 0.381 | |||
| Total Risk Alpha | 0.0836 | |||
| Sortino Ratio | 0.2512 | |||
| Treynor Ratio | 0.6774 |
Games Workshop Group Backtested Returns
Games Workshop appears to be very steady, given 3 months investment horizon. Games Workshop Group holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Games Workshop's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Games Workshop's Market Risk Adjusted Performance of 0.6874, risk adjusted performance of 0.1511, and Downside Deviation of 1.37 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Games Workshop holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Games Workshop's returns are expected to increase less than the market. However, during the bear market, the loss of holding Games Workshop is expected to be smaller as well. Please check Games Workshop's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Games Workshop's current trending patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
Games Workshop Group has good reverse predictability. Overlapping area represents the amount of predictability between Games Workshop time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Games Workshop Group price movement. The serial correlation of -0.52 indicates that about 52.0% of current Games Workshop price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 891.7 K |
Games Workshop Group lagged returns against current returns
Autocorrelation, which is Games Workshop 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 Games Workshop's stock expected returns. We can calculate the autocorrelation of Games Workshop returns to help us make a trade decision. For example, suppose you find that Games Workshop 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 |
Games Workshop 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 Games Workshop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Games Workshop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Games Workshop stock over time.
Current vs Lagged Prices |
| Timeline |
Games Workshop Lagged Returns
When evaluating Games Workshop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Games Workshop stock have on its future price. Games Workshop 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, Games Workshop autocorrelation shows the relationship between Games Workshop stock current value and its past values and can show if there is a momentum factor associated with investing in Games Workshop Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Games Stock
Games Workshop financial ratios help investors to determine whether Games 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 Games with respect to the benefits of owning Games Workshop security.