PLAYWAY SA (Germany) Market Value
| 6P5 Stock | EUR 67.60 0.80 1.20% |
| Symbol | PLAYWAY |
PLAYWAY SA '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 PLAYWAY SA'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 PLAYWAY SA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in PLAYWAY SA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding PLAYWAY SA ZY 10 or generate 0.0% return on investment in PLAYWAY SA over 90 days. PLAYWAY SA is related to or competes with Gaming, TRAVEL +, Playa Hotels, Hanover Insurance, COLUMBIA SPORTSWEAR, and ZURICH INSURANCE. PlayWay S.A. produces and publishes PC and mobile video games in Poland, Western Europe, North America, Germany, and int... More
PLAYWAY SA 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 PLAYWAY SA'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 PLAYWAY SA ZY 10 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.1242 | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.33 |
PLAYWAY SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLAYWAY SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLAYWAY SA's standard deviation. In reality, there are many statistical measures that can use PLAYWAY SA historical prices to predict the future PLAYWAY SA's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.1493 | |||
| Total Risk Alpha | 0.3932 | |||
| Sortino Ratio | 0.1165 | |||
| Treynor Ratio | 1.87 |
PLAYWAY SA ZY Backtested Returns
At this point, PLAYWAY SA is very steady. PLAYWAY SA ZY retains Efficiency (Sharpe Ratio) of 0.0658, which implies the firm had a 0.0658 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PLAYWAY SA, which you can use to evaluate the volatility of the company. Please check PLAYWAY SA's semi deviation of 1.84, and Market Risk Adjusted Performance of 1.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. PLAYWAY SA has a performance score of 5 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.0753, which implies not very significant fluctuations relative to the market. As returns on the market increase, PLAYWAY SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding PLAYWAY SA is expected to be smaller as well. PLAYWAY SA ZY now owns a risk of 2.01%. Please check PLAYWAY SA ZY 10 downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if PLAYWAY SA ZY 10 will be following its current price history.
Auto-correlation | -0.39 |
Poor reverse predictability
PLAYWAY SA ZY 10 has poor reverse predictability. Overlapping area represents the amount of predictability between PLAYWAY SA 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 PLAYWAY SA ZY price movement. The serial correlation of -0.39 indicates that just about 39.0% of current PLAYWAY SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 5.26 |
PLAYWAY SA ZY lagged returns against current returns
Autocorrelation, which is PLAYWAY SA 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 PLAYWAY SA's stock expected returns. We can calculate the autocorrelation of PLAYWAY SA returns to help us make a trade decision. For example, suppose you find that PLAYWAY SA 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 |
PLAYWAY SA 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 PLAYWAY SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLAYWAY SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLAYWAY SA stock over time.
Current vs Lagged Prices |
| Timeline |
PLAYWAY SA Lagged Returns
When evaluating PLAYWAY SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLAYWAY SA stock have on its future price. PLAYWAY SA 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, PLAYWAY SA autocorrelation shows the relationship between PLAYWAY SA stock current value and its past values and can show if there is a momentum factor associated with investing in PLAYWAY SA ZY 10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PLAYWAY Stock
PLAYWAY SA financial ratios help investors to determine whether PLAYWAY 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 PLAYWAY with respect to the benefits of owning PLAYWAY SA security.