World Poker Fund Market Value
| WPFH Stock | USD 3.69 0.49 15.31% |
| Symbol | World |
World Poker '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 World Poker'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 World Poker.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in World Poker on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding World Poker Fund or generate 0.0% return on investment in World Poker over 30 days. World Poker is related to or competes with Entain Plc, PointsBet Holdings, Kambi Group, Entain DRC, and Dixons Carphone. World Poker Fund Holdings, Inc., engages in development and operation of on-line technology, gaming platforms, and brand... More
World Poker 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 World Poker'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 World Poker Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 74.6 | |||
| Value At Risk | (19.48) | |||
| Potential Upside | 18.0 |
World Poker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Poker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Poker's standard deviation. In reality, there are many statistical measures that can use World Poker historical prices to predict the future World Poker's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 0.2262 |
World Poker Fund Backtested Returns
World Poker Fund shows Sharpe Ratio of -0.0444, which attests that the company had a -0.0444% return per unit of risk over the last 3 months. World Poker Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out World Poker's Standard Deviation of 13.76, market risk adjusted performance of 0.2362, and Mean Deviation of 9.6 to validate the risk estimate we provide. The firm maintains a market beta of -2.77, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning World Poker are expected to decrease by larger amounts. On the other hand, during market turmoil, World Poker is expected to outperform it. At this point, World Poker Fund has a negative expected return of -0.63%. Please make sure to check out World Poker's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if World Poker Fund performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
World Poker Fund has modest reverse predictability. Overlapping area represents the amount of predictability between World Poker time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 World Poker Fund price movement. The serial correlation of -0.49 indicates that about 49.0% of current World Poker price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
World Poker Fund lagged returns against current returns
Autocorrelation, which is World Poker 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 World Poker's pink sheet expected returns. We can calculate the autocorrelation of World Poker returns to help us make a trade decision. For example, suppose you find that World Poker 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 |
World Poker 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 World Poker pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if World Poker pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in World Poker pink sheet over time.
Current vs Lagged Prices |
| Timeline |
World Poker Lagged Returns
When evaluating World Poker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of World Poker pink sheet have on its future price. World Poker 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, World Poker autocorrelation shows the relationship between World Poker pink sheet current value and its past values and can show if there is a momentum factor associated with investing in World Poker Fund.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in World Pink Sheet
World Poker financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Poker security.