PLAYTIKA HOLDING (Germany) Market Value
| 8II Stock | EUR 7.75 0.20 2.52% |
| Symbol | PLAYTIKA |
PLAYTIKA HOLDING '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 PLAYTIKA HOLDING'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 PLAYTIKA HOLDING.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in PLAYTIKA HOLDING on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding PLAYTIKA HOLDING DL 01 or generate 0.0% return on investment in PLAYTIKA HOLDING over 690 days. PLAYTIKA HOLDING is related to or competes with ALBIS LEASING, PT Indofood, AIR PRODCHEMICALS, Dairy Farm, AUSTEVOLL SEAFOOD, WILLIS LEASE, and Global Ship. Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, an... More
PLAYTIKA HOLDING 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 PLAYTIKA HOLDING'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 PLAYTIKA HOLDING DL 01 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.0783 | |||
| Maximum Drawdown | 10.64 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.82 |
PLAYTIKA HOLDING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLAYTIKA HOLDING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLAYTIKA HOLDING's standard deviation. In reality, there are many statistical measures that can use PLAYTIKA HOLDING historical prices to predict the future PLAYTIKA HOLDING's volatility.| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.2108 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.078 | |||
| Treynor Ratio | 0.465 |
PLAYTIKA HOLDING Backtested Returns
PLAYTIKA HOLDING appears to be somewhat reliable, given 3 months investment horizon. PLAYTIKA HOLDING retains Efficiency (Sharpe Ratio) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PLAYTIKA HOLDING, which you can use to evaluate the volatility of the company. Please evaluate PLAYTIKA HOLDING's market risk adjusted performance of 0.475, and Semi Deviation of 1.53 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PLAYTIKA HOLDING holds a performance score of 12. The company owns a Beta (Systematic Risk) of 0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PLAYTIKA HOLDING's returns are expected to increase less than the market. However, during the bear market, the loss of holding PLAYTIKA HOLDING is expected to be smaller as well. Please check PLAYTIKA HOLDING's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether PLAYTIKA HOLDING's current price history will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
PLAYTIKA HOLDING DL 01 has insignificant reverse predictability. Overlapping area represents the amount of predictability between PLAYTIKA HOLDING time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 PLAYTIKA HOLDING price movement. The serial correlation of -0.17 indicates that over 17.0% of current PLAYTIKA HOLDING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
PLAYTIKA HOLDING lagged returns against current returns
Autocorrelation, which is PLAYTIKA HOLDING 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 PLAYTIKA HOLDING's stock expected returns. We can calculate the autocorrelation of PLAYTIKA HOLDING returns to help us make a trade decision. For example, suppose you find that PLAYTIKA HOLDING 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 |
PLAYTIKA HOLDING 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 PLAYTIKA HOLDING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLAYTIKA HOLDING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLAYTIKA HOLDING stock over time.
Current vs Lagged Prices |
| Timeline |
PLAYTIKA HOLDING Lagged Returns
When evaluating PLAYTIKA HOLDING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLAYTIKA HOLDING stock have on its future price. PLAYTIKA HOLDING 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, PLAYTIKA HOLDING autocorrelation shows the relationship between PLAYTIKA HOLDING stock current value and its past values and can show if there is a momentum factor associated with investing in PLAYTIKA HOLDING DL 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PLAYTIKA Stock
PLAYTIKA HOLDING financial ratios help investors to determine whether PLAYTIKA 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 PLAYTIKA with respect to the benefits of owning PLAYTIKA HOLDING security.