Square Enix Holdings Stock Market Value
| SQNXF Stock | USD 38.84 0.24 0.62% |
| Symbol | Square |
Square Enix '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 Square Enix's 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 Square Enix.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Square Enix on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Square Enix Holdings or generate 0.0% return on investment in Square Enix over 360 days. Square Enix is related to or competes with CD Projekt, Sega Sammy, Capcom Co, Embracer Group, Nexon Co, Square Enix, and Capcom Co. Square Enix Holdings Co., Ltd. operates in the content and service businesses in Japan, North America, Europe, and rest ... More
Square Enix 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 Square Enix's 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 Square Enix Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.35 | |||
| Information Ratio | 0.0099 | |||
| Maximum Drawdown | 25.34 | |||
| Value At Risk | (6.45) | |||
| Potential Upside | 9.1 |
Square Enix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Square Enix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Square Enix's standard deviation. In reality, there are many statistical measures that can use Square Enix historical prices to predict the future Square Enix's volatility.| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | 0.1658 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0071 | |||
| Treynor Ratio | (1.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Square Enix's 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.
Square Enix Holdings Backtested Returns
At this point, Square Enix is not too volatile. Square Enix Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.042, which indicates the firm had a 0.042% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Square Enix Holdings, which you can use to evaluate the volatility of the company. Please validate Square Enix's Coefficient Of Variation of 2383.34, risk adjusted performance of 0.0401, and Semi Deviation of 2.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Square Enix has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Square Enix are expected to decrease at a much lower rate. During the bear market, Square Enix is likely to outperform the market. Square Enix Holdings right now has a risk of 3.87%. Please validate Square Enix downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Square Enix will be following its existing price patterns.
Auto-correlation | -0.55 |
Good reverse predictability
Square Enix Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Square Enix time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Square Enix Holdings price movement. The serial correlation of -0.55 indicates that about 55.0% of current Square Enix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 11.02 |
Square Enix Holdings lagged returns against current returns
Autocorrelation, which is Square Enix 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 Square Enix's pink sheet expected returns. We can calculate the autocorrelation of Square Enix returns to help us make a trade decision. For example, suppose you find that Square Enix 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 |
Square Enix 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 Square Enix pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Square Enix pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Square Enix pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Square Enix Lagged Returns
When evaluating Square Enix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Square Enix pink sheet have on its future price. Square Enix 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, Square Enix autocorrelation shows the relationship between Square Enix pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Square Enix Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Square Pink Sheet
Square Enix financial ratios help investors to determine whether Square 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 Square with respect to the benefits of owning Square Enix security.