GAMEON ENTERTAINM (Germany) Market Value
9E7 Stock | 0 0.00 0.00% |
Symbol | GAMEON |
GAMEON ENTERTAINM '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 GAMEON ENTERTAINM'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 GAMEON ENTERTAINM.
04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in GAMEON ENTERTAINM on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding GAMEON ENTERTAINM TECHS or generate 0.0% return on investment in GAMEON ENTERTAINM over 90 days. GAMEON ENTERTAINM is related to or competes with Nintendo, Electronic Arts, and Aristocrat Leisure. More
GAMEON ENTERTAINM 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 GAMEON ENTERTAINM'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 GAMEON ENTERTAINM TECHS upside and downside potential and time the market with a certain degree of confidence.
GAMEON ENTERTAINM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMEON ENTERTAINM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMEON ENTERTAINM's standard deviation. In reality, there are many statistical measures that can use GAMEON ENTERTAINM historical prices to predict the future GAMEON ENTERTAINM's volatility.GAMEON ENTERTAINM TECHS Backtested Returns
We have found three technical indicators for GAMEON ENTERTAINM TECHS, which you can use to evaluate the volatility of the entity. The firm retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GAMEON ENTERTAINM are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
GAMEON ENTERTAINM TECHS has no correlation between past and present. Overlapping area represents the amount of predictability between GAMEON ENTERTAINM time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GAMEON ENTERTAINM TECHS price movement. The serial correlation of 0.0 indicates that just 0.0% of current GAMEON ENTERTAINM price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
GAMEON ENTERTAINM TECHS lagged returns against current returns
Autocorrelation, which is GAMEON ENTERTAINM 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 GAMEON ENTERTAINM's stock expected returns. We can calculate the autocorrelation of GAMEON ENTERTAINM returns to help us make a trade decision. For example, suppose you find that GAMEON ENTERTAINM 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 |
GAMEON ENTERTAINM 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 GAMEON ENTERTAINM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMEON ENTERTAINM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMEON ENTERTAINM stock over time.
Current vs Lagged Prices |
Timeline |
GAMEON ENTERTAINM Lagged Returns
When evaluating GAMEON ENTERTAINM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMEON ENTERTAINM stock have on its future price. GAMEON ENTERTAINM 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, GAMEON ENTERTAINM autocorrelation shows the relationship between GAMEON ENTERTAINM stock current value and its past values and can show if there is a momentum factor associated with investing in GAMEON ENTERTAINM TECHS.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GAMEON Stock
GAMEON ENTERTAINM financial ratios help investors to determine whether GAMEON 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 GAMEON with respect to the benefits of owning GAMEON ENTERTAINM security.