Baked Games (Poland) Market Value
| BKD Stock | 3.40 0.02 0.59% |
| Symbol | Baked |
Please note, there is a significant difference between Baked Games' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baked Games is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baked Games' 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.
Baked 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 Baked Games' 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 Baked Games.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Baked Games on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Baked Games SA or generate 0.0% return on investment in Baked Games over 90 days. Baked Games is related to or competes with Movie Games, LSI Software, Echo Investment, Investment Friends, BNP Paribas, Noble Financials, and Bank Millennium. More
Baked 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 Baked Games' 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 Baked Games SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.28 | |||
| Information Ratio | 0.0655 | |||
| Maximum Drawdown | 40.27 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 11.67 |
Baked Games Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baked Games' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baked Games' standard deviation. In reality, there are many statistical measures that can use Baked Games historical prices to predict the future Baked Games' volatility.| Risk Adjusted Performance | 0.0519 | |||
| Jensen Alpha | 0.2317 | |||
| Total Risk Alpha | 1.09 | |||
| Sortino Ratio | 0.0777 | |||
| Treynor Ratio | (0.47) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baked Games' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baked Games SA Backtested Returns
Baked Games appears to be dangerous, given 3 months investment horizon. Baked Games SA secures Sharpe Ratio (or Efficiency) of 0.0994, which signifies that the company had a 0.0994 % return per unit of risk over the last 3 months. By analyzing Baked Games' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Baked Games' Mean Deviation of 4.06, risk adjusted performance of 0.0519, and Downside Deviation of 5.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Baked Games holds a performance score of 7. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Baked Games are expected to decrease at a much lower rate. During the bear market, Baked Games is likely to outperform the market. Please check Baked Games' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Baked Games' price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Baked Games SA has virtually no predictability. Overlapping area represents the amount of predictability between Baked Games time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Baked Games SA price movement. The serial correlation of 0.02 indicates that only 2.0% of current Baked Games price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Baked Games SA lagged returns against current returns
Autocorrelation, which is Baked 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 Baked Games' stock expected returns. We can calculate the autocorrelation of Baked Games returns to help us make a trade decision. For example, suppose you find that Baked 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 |
Baked 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 Baked Games stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baked Games stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baked Games stock over time.
Current vs Lagged Prices |
| Timeline |
Baked Games Lagged Returns
When evaluating Baked Games' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baked Games stock have on its future price. Baked 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, Baked Games autocorrelation shows the relationship between Baked Games stock current value and its past values and can show if there is a momentum factor associated with investing in Baked Games SA.
Regressed Prices |
| Timeline |
Pair Trading with Baked Games
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baked Games position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baked Games will appreciate offsetting losses from the drop in the long position's value.Moving against Baked Stock
The ability to find closely correlated positions to Baked Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baked Games when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baked Games - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baked Games SA to buy it.
The correlation of Baked Games is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baked Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baked Games SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baked Games can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Baked Stock Analysis
When running Baked Games' price analysis, check to measure Baked Games' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baked Games is operating at the current time. Most of Baked Games' value examination focuses on studying past and present price action to predict the probability of Baked Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baked Games' price. Additionally, you may evaluate how the addition of Baked Games to your portfolios can decrease your overall portfolio volatility.