Golden Entertainment (Germany) Market Value
| GE6 Stock | EUR 24.80 2.00 7.46% |
| Symbol | Golden |
Golden 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 Golden Entertainment'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 Golden Entertainment.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Golden Entertainment on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Golden Entertainment or generate 0.0% return on investment in Golden Entertainment over 90 days. Golden Entertainment is related to or competes with Delta Electronics, Charter Communications, Comba Telecom, United Microelectronics, Methode Electronics, Chunghwa Telecom, and Nucletron Electronic. Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified ente... More
Golden 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 Golden Entertainment'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 Golden Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 4.13 |
Golden Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Entertainment's standard deviation. In reality, there are many statistical measures that can use Golden Entertainment historical prices to predict the future Golden Entertainment's volatility.| Risk Adjusted Performance | 0.1009 | |||
| Jensen Alpha | 0.2841 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0364 | |||
| Treynor Ratio | (0.49) |
Golden Entertainment Backtested Returns
Golden Entertainment appears to be not too volatile, given 3 months investment horizon. Golden Entertainment holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Golden Entertainment, which you can use to evaluate the volatility of the firm. Please utilize Golden Entertainment's Risk Adjusted Performance of 0.1009, market risk adjusted performance of (0.48), and Downside Deviation of 2.57 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden Entertainment holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Golden Entertainment are expected to decrease at a much lower rate. During the bear market, Golden Entertainment is likely to outperform the market. Please check Golden Entertainment's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether Golden Entertainment's current trending patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Golden Entertainment has good predictability. Overlapping area represents the amount of predictability between Golden Entertainment time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Golden Entertainment price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Golden Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.66 |
Golden Entertainment lagged returns against current returns
Autocorrelation, which is Golden Entertainment 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 Golden Entertainment's stock expected returns. We can calculate the autocorrelation of Golden Entertainment returns to help us make a trade decision. For example, suppose you find that Golden Entertainment 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 |
Golden 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 Golden Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Entertainment Lagged Returns
When evaluating Golden Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Entertainment stock have on its future price. Golden 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, Golden Entertainment autocorrelation shows the relationship between Golden Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Entertainment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:Check out Golden Entertainment Correlation, Golden Entertainment Volatility and Golden Entertainment Alpha and Beta module to complement your research on Golden Entertainment. For more detail on how to invest in Golden Stock please use our How to Invest in Golden Entertainment guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Golden Entertainment technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.