TEN SQUARE (Poland) Market Value
| TEN Stock | 80.60 0.10 0.12% |
| Symbol | TEN |
TEN SQUARE '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 TEN SQUARE'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 TEN SQUARE.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in TEN SQUARE on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding TEN SQUARE GAMES or generate 0.0% return on investment in TEN SQUARE over 30 days. TEN SQUARE is related to or competes with CI Games, Movie Games, Creativeforge Games, Ultimate Games, and Gaming Factory. More
TEN SQUARE 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 TEN SQUARE'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 TEN SQUARE GAMES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0335 | |||
| Maximum Drawdown | 10.52 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 3.74 |
TEN SQUARE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TEN SQUARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TEN SQUARE's standard deviation. In reality, there are many statistical measures that can use TEN SQUARE historical prices to predict the future TEN SQUARE's volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | 0.0625 | |||
| Total Risk Alpha | 0.0801 | |||
| Sortino Ratio | 0.0382 | |||
| Treynor Ratio | 1.11 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TEN SQUARE'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.
TEN SQUARE GAMES Backtested Returns
Currently, TEN SQUARE GAMES is very steady. TEN SQUARE GAMES owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0352, which indicates the firm had a 0.0352 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for TEN SQUARE GAMES, which you can use to evaluate the volatility of the company. Please validate TEN SQUARE's coefficient of variation of 2836.71, and Risk Adjusted Performance of 0.0323 to confirm if the risk estimate we provide is consistent with the expected return of 0.0733%. TEN SQUARE has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.0561, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TEN SQUARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding TEN SQUARE is expected to be smaller as well. TEN SQUARE GAMES currently has a risk of 2.08%. Please validate TEN SQUARE maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if TEN SQUARE will be following its existing price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
TEN SQUARE GAMES has very good reverse predictability. Overlapping area represents the amount of predictability between TEN SQUARE time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 TEN SQUARE GAMES price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current TEN SQUARE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
TEN SQUARE GAMES lagged returns against current returns
Autocorrelation, which is TEN SQUARE 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 TEN SQUARE's stock expected returns. We can calculate the autocorrelation of TEN SQUARE returns to help us make a trade decision. For example, suppose you find that TEN SQUARE 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 |
TEN SQUARE 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 TEN SQUARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TEN SQUARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TEN SQUARE stock over time.
Current vs Lagged Prices |
| Timeline |
TEN SQUARE Lagged Returns
When evaluating TEN SQUARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TEN SQUARE stock have on its future price. TEN SQUARE 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, TEN SQUARE autocorrelation shows the relationship between TEN SQUARE stock current value and its past values and can show if there is a momentum factor associated with investing in TEN SQUARE GAMES.
Regressed Prices |
| Timeline |
Pair Trading with TEN SQUARE
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 TEN SQUARE 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 TEN SQUARE will appreciate offsetting losses from the drop in the long position's value.Moving together with TEN Stock
The ability to find closely correlated positions to TEN SQUARE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TEN SQUARE 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 TEN SQUARE - 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 TEN SQUARE GAMES to buy it.
The correlation of TEN SQUARE 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 TEN SQUARE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TEN SQUARE GAMES 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 TEN SQUARE 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.Additional Tools for TEN Stock Analysis
When running TEN SQUARE's price analysis, check to measure TEN SQUARE'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 TEN SQUARE is operating at the current time. Most of TEN SQUARE's value examination focuses on studying past and present price action to predict the probability of TEN SQUARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TEN SQUARE's price. Additionally, you may evaluate how the addition of TEN SQUARE to your portfolios can decrease your overall portfolio volatility.