GAMESTOP (Germany) Market Value
| GS2C Stock | 23.58 0.26 1.11% |
| Symbol | GAMESTOP |
GAMESTOP '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'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.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in GAMESTOP on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding GAMESTOP or generate 0.0% return on investment in GAMESTOP over 30 days. GAMESTOP is related to or competes with Martin Marietta, Clean Harbors, GOLDQUEST MINING, VULCAN MATERIALS, ADRIATIC METALS, and NEWELL RUBBERMAID. More
GAMESTOP 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.81 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 7.25 |
GAMESTOP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GAMESTOP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GAMESTOP's standard deviation. In reality, there are many statistical measures that can use GAMESTOP historical prices to predict the future GAMESTOP's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.3475 |
GAMESTOP Backtested Returns
GAMESTOP holds Efficiency (Sharpe) Ratio of -0.0471, which attests that the company had a -0.0471 % return per unit of risk over the last 3 months. GAMESTOP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GAMESTOP's standard deviation of 3.65, and Coefficient Of Variation of (2,607) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GAMESTOP are expected to decrease at a much lower rate. During the bear market, GAMESTOP is likely to outperform the market. At this point, GAMESTOP has a negative expected return of -0.17%. Please make sure to check out GAMESTOP's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if GAMESTOP performance from the past will be repeated in the future.
Auto-correlation | 0.06 |
Virtually no predictability
GAMESTOP has virtually no predictability. Overlapping area represents the amount of predictability between GAMESTOP time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 price movement. The serial correlation of 0.06 indicates that barely 6.0% of current GAMESTOP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
GAMESTOP lagged returns against current returns
Autocorrelation, which is GAMESTOP 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's stock expected returns. We can calculate the autocorrelation of GAMESTOP returns to help us make a trade decision. For example, suppose you find that GAMESTOP 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GAMESTOP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GAMESTOP stock over time.
Current vs Lagged Prices |
| Timeline |
GAMESTOP Lagged Returns
When evaluating GAMESTOP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GAMESTOP stock have on its future price. GAMESTOP 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 autocorrelation shows the relationship between GAMESTOP stock current value and its past values and can show if there is a momentum factor associated with investing in GAMESTOP.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GAMESTOP Stock Analysis
When running GAMESTOP's price analysis, check to measure GAMESTOP's 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 GAMESTOP is operating at the current time. Most of GAMESTOP's value examination focuses on studying past and present price action to predict the probability of GAMESTOP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GAMESTOP's price. Additionally, you may evaluate how the addition of GAMESTOP to your portfolios can decrease your overall portfolio volatility.