Bingo Software (China) Market Value

688227 Stock   36.60  3.66  9.09%   
Bingo Software's market value is the price at which a share of Bingo Software trades on a public exchange. It measures the collective expectations of Bingo Software Co investors about its performance. Bingo Software is trading at 36.60 as of the 13th of March 2025, a 9.09 percent decrease since the beginning of the trading day. The stock's open price was 40.26.
With this module, you can estimate the performance of a buy and hold strategy of Bingo Software Co and determine expected loss or profit from investing in Bingo Software over a given investment horizon. Check out Bingo Software Correlation, Bingo Software Volatility and Bingo Software Alpha and Beta module to complement your research on Bingo Software.
Symbol

Please note, there is a significant difference between Bingo Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bingo Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bingo Software'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.

Bingo Software '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 Bingo Software'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 Bingo Software.
0.00
12/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/13/2025
0.00
If you would invest  0.00  in Bingo Software on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Bingo Software Co or generate 0.0% return on investment in Bingo Software over 90 days. Bingo Software is related to or competes with Xiwang Foodstuffs, Eastroc Beverage, Postal Savings, Shantou Wanshun, Vats Liquor, Fujian Anjoy, and China World. Bingo Software is entity of China. It is traded as Stock on SHG exchange. More

Bingo Software 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 Bingo Software'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 Bingo Software Co upside and downside potential and time the market with a certain degree of confidence.

Bingo Software Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bingo Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bingo Software's standard deviation. In reality, there are many statistical measures that can use Bingo Software historical prices to predict the future Bingo Software's volatility.
Hype
Prediction
LowEstimatedHigh
34.7940.3745.95
Details
Intrinsic
Valuation
LowRealHigh
25.8331.4144.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bingo Software. Your research has to be compared to or analyzed against Bingo Software's peers to derive any actionable benefits. When done correctly, Bingo Software's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Bingo Software.

Bingo Software Backtested Returns

Bingo Software appears to be not too volatile, given 3 months investment horizon. Bingo Software secures Sharpe Ratio (or Efficiency) of 0.0822, which signifies that the company had a 0.0822 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bingo Software Co, which you can use to evaluate the volatility of the firm. Please makes use of Bingo Software's Mean Deviation of 3.99, downside deviation of 3.89, and Risk Adjusted Performance of 0.0759 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bingo Software holds a performance score of 6. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bingo Software are expected to decrease at a much lower rate. During the bear market, Bingo Software is likely to outperform the market. Please check Bingo Software's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Bingo Software's price patterns will revert.

Auto-correlation

    
  -0.62  

Very good reverse predictability

Bingo Software Co has very good reverse predictability. Overlapping area represents the amount of predictability between Bingo Software time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Bingo Software price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Bingo Software price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test0.14
Residual Average0.0
Price Variance13.23

Bingo Software lagged returns against current returns

Autocorrelation, which is Bingo Software 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 Bingo Software's stock expected returns. We can calculate the autocorrelation of Bingo Software returns to help us make a trade decision. For example, suppose you find that Bingo Software 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  

Bingo Software 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 Bingo Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bingo Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bingo Software stock over time.
   Current vs Lagged Prices   
       Timeline  

Bingo Software Lagged Returns

When evaluating Bingo Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bingo Software stock have on its future price. Bingo Software 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, Bingo Software autocorrelation shows the relationship between Bingo Software stock current value and its past values and can show if there is a momentum factor associated with investing in Bingo Software Co.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Bingo Stock

Bingo Software financial ratios help investors to determine whether Bingo 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 Bingo with respect to the benefits of owning Bingo Software security.