Royal Wins Stock Market Value
| RYWCF Stock | USD 0.03 0.00 0.00% |
| Symbol | Royal |
Royal Wins '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 Royal Wins' 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 Royal Wins.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Royal Wins on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Royal Wins or generate 0.0% return on investment in Royal Wins over 360 days. Royal Wins is related to or competes with 888 Holdings. Royal Wins Corporation, a digital games studio, engages in the skill game wagering and betting on mobile casual games More
Royal Wins 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 Royal Wins' 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 Royal Wins upside and downside potential and time the market with a certain degree of confidence.
Royal Wins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Wins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Wins' standard deviation. In reality, there are many statistical measures that can use Royal Wins historical prices to predict the future Royal Wins' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Royal Wins' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Royal Wins Backtested Returns
We have found three technical indicators for Royal Wins, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Royal Wins are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Royal Wins has perfect predictability. Overlapping area represents the amount of predictability between Royal Wins time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Royal Wins price movement. The serial correlation of 1.0 indicates that 100.0% of current Royal Wins price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Royal Wins lagged returns against current returns
Autocorrelation, which is Royal Wins 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 Royal Wins' pink sheet expected returns. We can calculate the autocorrelation of Royal Wins returns to help us make a trade decision. For example, suppose you find that Royal Wins 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 |
Royal Wins 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 Royal Wins pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Wins pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Wins pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Royal Wins Lagged Returns
When evaluating Royal Wins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Wins pink sheet have on its future price. Royal Wins 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, Royal Wins autocorrelation shows the relationship between Royal Wins pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Royal Wins.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Royal Pink Sheet
Royal Wins financial ratios help investors to determine whether Royal 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 Royal with respect to the benefits of owning Royal Wins security.