CONTAGIOUS GAMING (Germany) Market Value
| RHRD Stock | EUR 0 0.00 0.00% |
| Symbol | CONTAGIOUS |
CONTAGIOUS 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 CONTAGIOUS GAMING'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 CONTAGIOUS GAMING.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in CONTAGIOUS GAMING on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding CONTAGIOUS GAMING INC or generate 0.0% return on investment in CONTAGIOUS GAMING over 60 days. CONTAGIOUS GAMING is related to or competes with Sea, NEXON, Take Two, Aristocrat Leisure, and Bilibili. Contagious Gaming Inc. develops and provides software solutions, video games, and content for regulated gaming and lotte... More
CONTAGIOUS 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 CONTAGIOUS GAMING'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 CONTAGIOUS GAMING INC upside and downside potential and time the market with a certain degree of confidence.
CONTAGIOUS GAMING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CONTAGIOUS GAMING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CONTAGIOUS GAMING's standard deviation. In reality, there are many statistical measures that can use CONTAGIOUS GAMING historical prices to predict the future CONTAGIOUS GAMING's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CONTAGIOUS GAMING'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.
CONTAGIOUS GAMING INC Backtested Returns
We have found three technical indicators for CONTAGIOUS GAMING INC, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CONTAGIOUS GAMING are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
CONTAGIOUS GAMING INC has no correlation between past and present. Overlapping area represents the amount of predictability between CONTAGIOUS GAMING time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 CONTAGIOUS GAMING INC price movement. The serial correlation of 0.0 indicates that just 0.0% of current CONTAGIOUS GAMING 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 |
CONTAGIOUS GAMING INC lagged returns against current returns
Autocorrelation, which is CONTAGIOUS GAMING 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 CONTAGIOUS GAMING's stock expected returns. We can calculate the autocorrelation of CONTAGIOUS GAMING returns to help us make a trade decision. For example, suppose you find that CONTAGIOUS GAMING 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 |
CONTAGIOUS 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 CONTAGIOUS GAMING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CONTAGIOUS GAMING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CONTAGIOUS GAMING stock over time.
Current vs Lagged Prices |
| Timeline |
CONTAGIOUS GAMING Lagged Returns
When evaluating CONTAGIOUS GAMING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CONTAGIOUS GAMING stock have on its future price. CONTAGIOUS 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, CONTAGIOUS GAMING autocorrelation shows the relationship between CONTAGIOUS GAMING stock current value and its past values and can show if there is a momentum factor associated with investing in CONTAGIOUS GAMING INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CONTAGIOUS Stock
CONTAGIOUS GAMING financial ratios help investors to determine whether CONTAGIOUS Stock 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 CONTAGIOUS with respect to the benefits of owning CONTAGIOUS GAMING security.