GameStop Corp (Germany) Market Value
| GS2C Stock | EUR 20.96 0.95 4.75% |
| Symbol | GameStop |
GameStop Corp '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 GameStop Corp'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 GameStop Corp.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in GameStop Corp on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding GameStop Corp or generate 0.0% return on investment in GameStop Corp over 90 days. GameStop Corp is related to or competes with Coeur Mining, SHELF DRILLING, GREENX METALS, ARDAGH METAL, and Ringmetall. GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and va... More
GameStop Corp 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 GameStop Corp'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 GameStop Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 18.74 | |||
| Value At Risk | (5.47) | |||
| Potential Upside | 4.75 |
GameStop Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GameStop Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GameStop Corp's standard deviation. In reality, there are many statistical measures that can use GameStop Corp historical prices to predict the future GameStop Corp's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | 0.0268 | |||
| Treynor Ratio | (1.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GameStop Corp's 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.
GameStop Corp Backtested Returns
GameStop Corp holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17 % return per unit of risk over the last 3 months. GameStop Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GameStop Corp's Standard Deviation of 3.17, risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (1.26) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GameStop Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding GameStop Corp is expected to be smaller as well. At this point, GameStop Corp has a negative expected return of -0.5%. Please make sure to check out GameStop Corp's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if GameStop Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
GameStop Corp has good predictability. Overlapping area represents the amount of predictability between GameStop Corp 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 GameStop Corp price movement. The serial correlation of 0.7 indicates that around 70.0% of current GameStop Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
GameStop Corp lagged returns against current returns
Autocorrelation, which is GameStop Corp 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 GameStop Corp's stock expected returns. We can calculate the autocorrelation of GameStop Corp returns to help us make a trade decision. For example, suppose you find that GameStop Corp 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 |
GameStop Corp 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 GameStop Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GameStop Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GameStop Corp stock over time.
Current vs Lagged Prices |
| Timeline |
GameStop Corp Lagged Returns
When evaluating GameStop Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GameStop Corp stock have on its future price. GameStop Corp 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, GameStop Corp autocorrelation shows the relationship between GameStop Corp stock current value and its past values and can show if there is a momentum factor associated with investing in GameStop Corp.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in GameStop Stock
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:Check out GameStop Corp Correlation, GameStop Corp Volatility and GameStop Corp Alpha and Beta module to complement your research on GameStop Corp. For more detail on how to invest in GameStop Stock please use our How to Invest in GameStop Corp guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
GameStop Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.