TROPHY GAMES (Germany) Market Value
| 4H7 Stock | 0.95 0.01 1.06% |
| Symbol | TROPHY |
TROPHY GAMES '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 TROPHY GAMES'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 TROPHY GAMES.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in TROPHY GAMES on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding TROPHY GAMES DEV or generate 0.0% return on investment in TROPHY GAMES over 30 days. TROPHY GAMES is related to or competes with Lamar Advertising, Air New, PACIFIC ONLINE, Lion One, SEALED AIR, Carsales, and Westinghouse Air. More
TROPHY GAMES 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 TROPHY GAMES'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 TROPHY GAMES DEV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.7 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.21 |
TROPHY GAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TROPHY GAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TROPHY GAMES's standard deviation. In reality, there are many statistical measures that can use TROPHY GAMES historical prices to predict the future TROPHY GAMES's volatility.| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.4749 |
TROPHY GAMES DEV Backtested Returns
At this point, TROPHY GAMES is dangerous. TROPHY GAMES DEV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0051, which indicates the firm had a 0.0051% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for TROPHY GAMES DEV, which you can use to evaluate the volatility of the company. Please validate TROPHY GAMES's variance of 5.76, and Risk Adjusted Performance of 0.0058 to confirm if the risk estimate we provide is consistent with the expected return of 0.0123%. The entity has a beta of -0.028, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TROPHY GAMES are expected to decrease at a much lower rate. During the bear market, TROPHY GAMES is likely to outperform the market. TROPHY GAMES DEV presently has a risk of 2.4%. Please validate TROPHY GAMES standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if TROPHY GAMES will be following its existing price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
TROPHY GAMES DEV has weak reverse predictability. Overlapping area represents the amount of predictability between TROPHY GAMES time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 TROPHY GAMES DEV price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current TROPHY GAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TROPHY GAMES DEV lagged returns against current returns
Autocorrelation, which is TROPHY GAMES 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 TROPHY GAMES's stock expected returns. We can calculate the autocorrelation of TROPHY GAMES returns to help us make a trade decision. For example, suppose you find that TROPHY GAMES 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 |
TROPHY GAMES 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 TROPHY GAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TROPHY GAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TROPHY GAMES stock over time.
Current vs Lagged Prices |
| Timeline |
TROPHY GAMES Lagged Returns
When evaluating TROPHY GAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TROPHY GAMES stock have on its future price. TROPHY GAMES 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, TROPHY GAMES autocorrelation shows the relationship between TROPHY GAMES stock current value and its past values and can show if there is a momentum factor associated with investing in TROPHY GAMES DEV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TROPHY Stock
TROPHY GAMES financial ratios help investors to determine whether TROPHY 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 TROPHY with respect to the benefits of owning TROPHY GAMES security.