Sharplink Gaming Stock Market Value
| SBET Stock | USD 0.75 0.03 3.85% |
| Symbol | Sharplink |
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sharplink Gaming. If investors know Sharplink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sharplink Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.71) | Revenue Per Share 1.455 | Quarterly Revenue Growth (0.27) | Return On Assets (0.12) | Return On Equity (19.18) |
The market value of Sharplink Gaming is measured differently than its book value, which is the value of Sharplink that is recorded on the company's balance sheet. Investors also form their own opinion of Sharplink Gaming's value that differs from its market value or its book value, called intrinsic value, which is Sharplink Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sharplink Gaming's market value can be influenced by many factors that don't directly affect Sharplink Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sharplink Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sharplink Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sharplink 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.
Sharplink 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 Sharplink 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 Sharplink Gaming.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Sharplink Gaming on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sharplink Gaming or generate 0.0% return on investment in Sharplink Gaming over 30 days. Sharplink Gaming is related to or competes with Canterbury Park, Inspired Entertainment, Accel Entertainment, Gambling, PlayAGS, Light Wonder, and Everi Holdings. SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites t... More
Sharplink 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 Sharplink 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 Sharplink Gaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.7 | |||
| Information Ratio | 0.0556 | |||
| Maximum Drawdown | 94.18 | |||
| Value At Risk | (9.59) | |||
| Potential Upside | 12.33 |
Sharplink Gaming Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sharplink Gaming's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sharplink Gaming's standard deviation. In reality, there are many statistical measures that can use Sharplink Gaming historical prices to predict the future Sharplink Gaming's volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.6852 | |||
| Total Risk Alpha | 0.3921 | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | (1.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sharplink 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.
Sharplink Gaming Backtested Returns
Sharplink Gaming appears to be out of control, given 3 months investment horizon. Sharplink Gaming owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0575, which indicates the firm had a 0.0575% return per unit of risk over the last 3 months. By inspecting Sharplink Gaming's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Sharplink Gaming's Coefficient Of Variation of 1720.96, semi deviation of 4.75, and Risk Adjusted Performance of 0.0555 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sharplink Gaming holds a performance score of 4. The entity has a beta of -0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sharplink Gaming are expected to decrease at a much lower rate. During the bear market, Sharplink Gaming is likely to outperform the market. Please check Sharplink Gaming's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Sharplink Gaming's existing price patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Sharplink Gaming has virtually no predictability. Overlapping area represents the amount of predictability between Sharplink Gaming time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Sharplink Gaming price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Sharplink Gaming price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sharplink Gaming lagged returns against current returns
Autocorrelation, which is Sharplink 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 Sharplink Gaming's stock expected returns. We can calculate the autocorrelation of Sharplink Gaming returns to help us make a trade decision. For example, suppose you find that Sharplink 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 |
Sharplink 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 Sharplink Gaming stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sharplink Gaming stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sharplink Gaming stock over time.
Current vs Lagged Prices |
| Timeline |
Sharplink Gaming Lagged Returns
When evaluating Sharplink Gaming's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sharplink Gaming stock have on its future price. Sharplink 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, Sharplink Gaming autocorrelation shows the relationship between Sharplink Gaming stock current value and its past values and can show if there is a momentum factor associated with investing in Sharplink Gaming.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sharplink Stock Analysis
When running Sharplink Gaming's price analysis, check to measure Sharplink Gaming'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 Sharplink Gaming is operating at the current time. Most of Sharplink Gaming's value examination focuses on studying past and present price action to predict the probability of Sharplink Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharplink Gaming's price. Additionally, you may evaluate how the addition of Sharplink Gaming to your portfolios can decrease your overall portfolio volatility.