ANGLER GAMING (Germany) Market Value
| 0QM Stock | 0.40 0.00 0.00% |
| Symbol | ANGLER |
ANGLER GAMING '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 ANGLER GAMING'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 ANGLER GAMING.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in ANGLER GAMING on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding ANGLER GAMING PLC or generate 0.0% return on investment in ANGLER GAMING over 90 days. ANGLER GAMING is related to or competes with Peijia Medical, Silicon Motion, Sinopec Shanghai, Apollo Medical, and Eastman Chemical. More
ANGLER GAMING 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 ANGLER GAMING'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 ANGLER GAMING PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.121 | |||
| Maximum Drawdown | 48.15 |
ANGLER GAMING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGLER GAMING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGLER GAMING's standard deviation. In reality, there are many statistical measures that can use ANGLER GAMING historical prices to predict the future ANGLER GAMING's volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 0.5883 | |||
| Total Risk Alpha | 1.36 | |||
| Treynor Ratio | (2.69) |
ANGLER GAMING PLC Backtested Returns
ANGLER GAMING appears to be out of control, given 3 months investment horizon. ANGLER GAMING PLC secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. By examining ANGLER GAMING's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please makes use of ANGLER GAMING's Risk Adjusted Performance of 0.0994, standard deviation of 5.97, and Mean Deviation of 1.44 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ANGLER GAMING holds a performance score of 10. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ANGLER GAMING are expected to decrease at a much lower rate. During the bear market, ANGLER GAMING is likely to outperform the market. Please check ANGLER GAMING's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to make a quick decision on whether ANGLER GAMING's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
ANGLER GAMING PLC has no correlation between past and present. Overlapping area represents the amount of predictability between ANGLER GAMING time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 ANGLER GAMING PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current ANGLER GAMING 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 |
ANGLER GAMING PLC lagged returns against current returns
Autocorrelation, which is ANGLER GAMING 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 ANGLER GAMING's stock expected returns. We can calculate the autocorrelation of ANGLER GAMING returns to help us make a trade decision. For example, suppose you find that ANGLER GAMING 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 |
ANGLER GAMING 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 ANGLER GAMING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGLER GAMING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGLER GAMING stock over time.
Current vs Lagged Prices |
| Timeline |
ANGLER GAMING Lagged Returns
When evaluating ANGLER GAMING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGLER GAMING stock have on its future price. ANGLER GAMING 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, ANGLER GAMING autocorrelation shows the relationship between ANGLER GAMING stock current value and its past values and can show if there is a momentum factor associated with investing in ANGLER GAMING PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ANGLER Stock
ANGLER GAMING financial ratios help investors to determine whether ANGLER 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 ANGLER with respect to the benefits of owning ANGLER GAMING security.