QIIWI GAMES (Germany) Market Value
| 4UJ Stock | EUR 0.28 0.01 3.70% |
| Symbol | QIIWI |
Please note, there is a significant difference between QIIWI GAMES's value and its price as these two are different measures arrived at by different means. Investors typically determine if QIIWI GAMES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QIIWI GAMES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
QIIWI 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 QIIWI 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 QIIWI GAMES.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in QIIWI GAMES on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding QIIWI GAMES AB or generate 0.0% return on investment in QIIWI GAMES over 30 days. QIIWI GAMES is related to or competes with Lendlease, Universal Display, UNITED RENTALS, Air Lease, ANTA Sports, and TRAVEL +. More
QIIWI 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 QIIWI 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 QIIWI GAMES AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.56 | |||
| Information Ratio | 0.1035 | |||
| Maximum Drawdown | 37.65 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 10.71 |
QIIWI GAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for QIIWI GAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as QIIWI GAMES's standard deviation. In reality, there are many statistical measures that can use QIIWI GAMES historical prices to predict the future QIIWI GAMES's volatility.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.5864 | |||
| Total Risk Alpha | 0.6387 | |||
| Sortino Ratio | 0.0787 | |||
| Treynor Ratio | (2.08) |
QIIWI GAMES AB Backtested Returns
QIIWI GAMES AB maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of volatility over the last 3 months. QIIWI GAMES AB exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check QIIWI GAMES's risk adjusted performance of 0.0854, and Semi Deviation of 4.29 to confirm the risk estimate we provide. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning QIIWI GAMES are expected to decrease at a much lower rate. During the bear market, QIIWI GAMES is likely to outperform the market. At this point, QIIWI GAMES AB has a negative expected return of -0.0395%. Please make sure to check QIIWI GAMES's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if QIIWI GAMES AB performance from the past will be repeated at future time.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
QIIWI GAMES AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between QIIWI GAMES time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 QIIWI GAMES AB price movement. The serial correlation of -0.78 indicates that around 78.0% of current QIIWI GAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
QIIWI GAMES AB lagged returns against current returns
Autocorrelation, which is QIIWI 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 QIIWI GAMES's stock expected returns. We can calculate the autocorrelation of QIIWI GAMES returns to help us make a trade decision. For example, suppose you find that QIIWI 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 |
QIIWI 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 QIIWI GAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if QIIWI GAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in QIIWI GAMES stock over time.
Current vs Lagged Prices |
| Timeline |
QIIWI GAMES Lagged Returns
When evaluating QIIWI GAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of QIIWI GAMES stock have on its future price. QIIWI 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, QIIWI GAMES autocorrelation shows the relationship between QIIWI GAMES stock current value and its past values and can show if there is a momentum factor associated with investing in QIIWI GAMES AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in QIIWI Stock
QIIWI GAMES financial ratios help investors to determine whether QIIWI 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 QIIWI with respect to the benefits of owning QIIWI GAMES security.