Glorywin Entertainment Group Stock Market Value
| GWIN Stock | USD 0.10 0.00 0.00% |
| Symbol | Glorywin |
Glorywin Entertainment '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 Glorywin Entertainment's pink sheet 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 Glorywin Entertainment.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Glorywin Entertainment on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Glorywin Entertainment Group or generate 0.0% return on investment in Glorywin Entertainment over 90 days. Glorywin Entertainment is related to or competes with Third Millennium, Shanrong Biotechnology, Green Planet, and Azure Holding. Glorywin Entertainment Group, Inc. engages in the provision of junket services and information technology infrastructure... More
Glorywin Entertainment 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 Glorywin Entertainment's pink sheet 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 Glorywin Entertainment Group upside and downside potential and time the market with a certain degree of confidence.
Glorywin Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Glorywin Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Glorywin Entertainment's standard deviation. In reality, there are many statistical measures that can use Glorywin Entertainment historical prices to predict the future Glorywin Entertainment's volatility.Glorywin Entertainment Backtested Returns
We have found three technical indicators for Glorywin Entertainment, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Glorywin Entertainment are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Glorywin Entertainment Group has no correlation between past and present. Overlapping area represents the amount of predictability between Glorywin Entertainment time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Glorywin Entertainment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Glorywin Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Glorywin Entertainment lagged returns against current returns
Autocorrelation, which is Glorywin Entertainment pink sheet'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 Glorywin Entertainment's pink sheet expected returns. We can calculate the autocorrelation of Glorywin Entertainment returns to help us make a trade decision. For example, suppose you find that Glorywin Entertainment has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Glorywin Entertainment 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 Glorywin Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Glorywin Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Glorywin Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Glorywin Entertainment Lagged Returns
When evaluating Glorywin Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Glorywin Entertainment pink sheet have on its future price. Glorywin Entertainment 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, Glorywin Entertainment autocorrelation shows the relationship between Glorywin Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Glorywin Entertainment Group.
Regressed Prices |
| Timeline |
Pair Trading with Glorywin Entertainment
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 Glorywin Entertainment 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 Glorywin Entertainment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Glorywin Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glorywin Entertainment 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 Glorywin Entertainment - 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 Glorywin Entertainment Group to buy it.
The correlation of Glorywin Entertainment 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 Glorywin Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glorywin Entertainment 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 Glorywin Entertainment 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.Other Information on Investing in Glorywin Pink Sheet
Glorywin Entertainment financial ratios help investors to determine whether Glorywin Pink Sheet 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 Glorywin with respect to the benefits of owning Glorywin Entertainment security.