PLAYSTUDIOS's market value is the price at which a share of PLAYSTUDIOS trades on a public exchange. It measures the collective expectations of PLAYSTUDIOS A DL 0001 investors about its performance. PLAYSTUDIOS is trading at 1.05 as of the 15th of March 2025. This is a 0.96% up since the beginning of the trading day. The stock's lowest day price was 1.05. With this module, you can estimate the performance of a buy and hold strategy of PLAYSTUDIOS A DL 0001 and determine expected loss or profit from investing in PLAYSTUDIOS over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
PLAYSTUDIOS
PLAYSTUDIOS '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 PLAYSTUDIOS'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 PLAYSTUDIOS.
0.00
12/15/2024
No Change 0.00
0.0
In 3 months and 1 day
03/15/2025
0.00
If you would invest 0.00 in PLAYSTUDIOS on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding PLAYSTUDIOS A DL 0001 or generate 0.0% return on investment in PLAYSTUDIOS over 90 days.
PLAYSTUDIOS 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 PLAYSTUDIOS'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 PLAYSTUDIOS A DL 0001 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLAYSTUDIOS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLAYSTUDIOS's standard deviation. In reality, there are many statistical measures that can use PLAYSTUDIOS historical prices to predict the future PLAYSTUDIOS's volatility.
PLAYSTUDIOS A DL retains Efficiency (Sharpe Ratio) of -0.28, which implies the firm had a -0.28 % return per unit of risk over the last 3 months. PLAYSTUDIOS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PLAYSTUDIOS's coefficient of variation of (437.63), and Market Risk Adjusted Performance of 4.02 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PLAYSTUDIOS are expected to decrease at a much lower rate. During the bear market, PLAYSTUDIOS is likely to outperform the market. At this point, PLAYSTUDIOS A DL has a negative expected return of -1.0%. Please make sure to check PLAYSTUDIOS's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if PLAYSTUDIOS A DL performance from the past will be repeated in the future.
Auto-correlation
0.36
Below average predictability
PLAYSTUDIOS A DL 0001 has below average predictability. Overlapping area represents the amount of predictability between PLAYSTUDIOS time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 PLAYSTUDIOS A DL price movement. The serial correlation of 0.36 indicates that just about 36.0% of current PLAYSTUDIOS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.36
Spearman Rank Test
0.43
Residual Average
0.0
Price Variance
0.01
PLAYSTUDIOS A DL lagged returns against current returns
Autocorrelation, which is PLAYSTUDIOS 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 PLAYSTUDIOS's stock expected returns. We can calculate the autocorrelation of PLAYSTUDIOS returns to help us make a trade decision. For example, suppose you find that PLAYSTUDIOS 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
PLAYSTUDIOS 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 PLAYSTUDIOS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLAYSTUDIOS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLAYSTUDIOS stock over time.
Current vs Lagged Prices
Timeline
PLAYSTUDIOS Lagged Returns
When evaluating PLAYSTUDIOS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLAYSTUDIOS stock have on its future price. PLAYSTUDIOS 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, PLAYSTUDIOS autocorrelation shows the relationship between PLAYSTUDIOS stock current value and its past values and can show if there is a momentum factor associated with investing in PLAYSTUDIOS A DL 0001.