Pointsbet Holdings Limited Stock Market Value
| PBTHF Stock | USD 0.71 0.04 5.97% |
| Symbol | PointsBet |
PointsBet Holdings '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 PointsBet Holdings' 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 PointsBet Holdings.
| 02/27/2025 |
| 03/29/2025 |
If you would invest 0.00 in PointsBet Holdings on February 27, 2025 and sell it all today you would earn a total of 0.00 from holding PointsBet Holdings Limited or generate 0.0% return on investment in PointsBet Holdings over 30 days. PointsBet Holdings is related to or competes with Entain DRC, and 888 Holdings. PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based te... More
PointsBet Holdings 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 PointsBet Holdings' 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 PointsBet Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.53 | |||
| Information Ratio | 0.074 | |||
| Maximum Drawdown | 31.34 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.52 |
PointsBet Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PointsBet Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PointsBet Holdings' standard deviation. In reality, there are many statistical measures that can use PointsBet Holdings historical prices to predict the future PointsBet Holdings' volatility.| Risk Adjusted Performance | 0.0661 | |||
| Jensen Alpha | 0.3689 | |||
| Total Risk Alpha | 0.799 | |||
| Sortino Ratio | 0.0706 | |||
| Treynor Ratio | (0.56) |
PointsBet Holdings Backtested Returns
PointsBet Holdings appears to be out of control, given 3 months investment horizon. PointsBet Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0896, which implies the firm had a 0.0896 % return per unit of risk over the last 3 months. By analyzing PointsBet Holdings' technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please evaluate PointsBet Holdings' Risk Adjusted Performance of 0.0661, semi deviation of 4.85, and Coefficient Of Variation of 1493.52 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PointsBet Holdings holds a performance score of 7. The company holds a Beta of -0.72, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PointsBet Holdings are expected to decrease at a much lower rate. During the bear market, PointsBet Holdings is likely to outperform the market. Please check PointsBet Holdings' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether PointsBet Holdings' historical price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
PointsBet Holdings Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between PointsBet Holdings time series from 27th of February 2025 to 14th of March 2025 and 14th of March 2025 to 29th 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 PointsBet Holdings price movement. The serial correlation of -0.17 indicates that over 17.0% of current PointsBet Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PointsBet Holdings lagged returns against current returns
Autocorrelation, which is PointsBet Holdings 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 PointsBet Holdings' pink sheet expected returns. We can calculate the autocorrelation of PointsBet Holdings returns to help us make a trade decision. For example, suppose you find that PointsBet Holdings 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 |
PointsBet Holdings 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 PointsBet Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PointsBet Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PointsBet Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PointsBet Holdings Lagged Returns
When evaluating PointsBet Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PointsBet Holdings pink sheet have on its future price. PointsBet Holdings 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, PointsBet Holdings autocorrelation shows the relationship between PointsBet Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PointsBet Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PointsBet Pink Sheet
PointsBet Holdings financial ratios help investors to determine whether PointsBet 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 PointsBet with respect to the benefits of owning PointsBet Holdings security.