Fansunite Entertainment Stock Market Value
| FUNFF Stock | USD 0 0 90.91% |
| Symbol | FansUnite |
FansUnite Entertainment '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 FansUnite Entertainment'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 FansUnite Entertainment.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in FansUnite Entertainment on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding FansUnite Entertainment or generate 0.0% return on investment in FansUnite Entertainment over 90 days. FansUnite Entertainment is related to or competes with Sharplink Gaming, Codere Online, Rush Street, and Victory Square. FansUnite Entertainment Inc. operates as a sports and entertainment company More
FansUnite Entertainment 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 FansUnite Entertainment'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 FansUnite Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 58.62 | |||
| Information Ratio | 0.2764 | |||
| Maximum Drawdown | 1290.2 | |||
| Value At Risk | (80.00) | |||
| Potential Upside | 300.0 |
FansUnite Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FansUnite Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FansUnite Entertainment's standard deviation. In reality, there are many statistical measures that can use FansUnite Entertainment historical prices to predict the future FansUnite Entertainment's volatility.| Risk Adjusted Performance | 0.2682 | |||
| Jensen Alpha | 61.83 | |||
| Total Risk Alpha | 27.13 | |||
| Sortino Ratio | 0.9753 | |||
| Treynor Ratio | (1.72) |
FansUnite Entertainment Backtested Returns
FansUnite Entertainment is out of control given 3 months investment horizon. FansUnite Entertainment secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the company had a 0.28 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 53.4% are justified by taking the suggested risk. Use FansUnite Entertainment Mean Deviation of 115.65, coefficient of variation of 360.89, and Downside Deviation of 58.62 to evaluate company specific risk that cannot be diversified away. FansUnite Entertainment holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -33.25, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning FansUnite Entertainment are expected to decrease by larger amounts. On the other hand, during market turmoil, FansUnite Entertainment is expected to outperform it. Use FansUnite Entertainment total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on FansUnite Entertainment.
Auto-correlation | 0.57 |
Modest predictability
FansUnite Entertainment has modest predictability. Overlapping area represents the amount of predictability between FansUnite Entertainment time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 FansUnite Entertainment price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current FansUnite Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FansUnite Entertainment lagged returns against current returns
Autocorrelation, which is FansUnite Entertainment 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 FansUnite Entertainment's pink sheet expected returns. We can calculate the autocorrelation of FansUnite Entertainment returns to help us make a trade decision. For example, suppose you find that FansUnite Entertainment 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 |
FansUnite Entertainment 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 FansUnite Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FansUnite Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FansUnite Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FansUnite Entertainment Lagged Returns
When evaluating FansUnite Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FansUnite Entertainment pink sheet have on its future price. FansUnite Entertainment 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, FansUnite Entertainment autocorrelation shows the relationship between FansUnite Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FansUnite Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FansUnite Pink Sheet
FansUnite Entertainment financial ratios help investors to determine whether FansUnite 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 FansUnite with respect to the benefits of owning FansUnite Entertainment security.