Nanotech Gaming Stock Market Value

NTGL Stock  USD 0.0001  0.00  0.00%   
NanoTech Gaming's market value is the price at which a share of NanoTech Gaming trades on a public exchange. It measures the collective expectations of NanoTech Gaming investors about its performance. NanoTech Gaming is selling for 1.0E-4 as of the 17th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4.
With this module, you can estimate the performance of a buy and hold strategy of NanoTech Gaming and determine expected loss or profit from investing in NanoTech Gaming over a given investment horizon. Check out NanoTech Gaming Correlation, NanoTech Gaming Volatility and NanoTech Gaming Alpha and Beta module to complement your research on NanoTech Gaming.
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Please note, there is a significant difference between NanoTech Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoTech Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoTech Gaming's 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.

NanoTech Gaming '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 NanoTech Gaming'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 NanoTech Gaming.
0.00
04/21/2024
No Change 0.00  0.0 
In 7 months and 29 days
12/17/2024
0.00
If you would invest  0.00  in NanoTech Gaming on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding NanoTech Gaming or generate 0.0% return on investment in NanoTech Gaming over 240 days. NanoTech Gaming, Inc. develops gaming products in the United States More

NanoTech Gaming 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 NanoTech Gaming'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 NanoTech Gaming upside and downside potential and time the market with a certain degree of confidence.

NanoTech Gaming Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NanoTech Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NanoTech Gaming's standard deviation. In reality, there are many statistical measures that can use NanoTech Gaming historical prices to predict the future NanoTech Gaming's volatility.
Hype
Prediction
LowEstimatedHigh
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Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as NanoTech Gaming. Your research has to be compared to or analyzed against NanoTech Gaming's peers to derive any actionable benefits. When done correctly, NanoTech Gaming's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NanoTech Gaming.

NanoTech Gaming Backtested Returns

We have found three technical indicators for NanoTech Gaming, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NanoTech Gaming are completely uncorrelated.

Auto-correlation

    
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No correlation between past and present

NanoTech Gaming has no correlation between past and present. Overlapping area represents the amount of predictability between NanoTech Gaming time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th of December 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 NanoTech Gaming price movement. The serial correlation of 0.0 indicates that just 0.0% of current NanoTech Gaming price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

NanoTech Gaming lagged returns against current returns

Autocorrelation, which is NanoTech Gaming 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 NanoTech Gaming's pink sheet expected returns. We can calculate the autocorrelation of NanoTech Gaming returns to help us make a trade decision. For example, suppose you find that NanoTech Gaming 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  

NanoTech Gaming 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 NanoTech Gaming pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NanoTech Gaming pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NanoTech Gaming pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

NanoTech Gaming Lagged Returns

When evaluating NanoTech Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NanoTech Gaming pink sheet have on its future price. NanoTech Gaming 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, NanoTech Gaming autocorrelation shows the relationship between NanoTech Gaming pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NanoTech Gaming.
   Regressed Prices   
       Timeline  

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Other Information on Investing in NanoTech Pink Sheet

NanoTech Gaming financial ratios help investors to determine whether NanoTech 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 NanoTech with respect to the benefits of owning NanoTech Gaming security.