Esports Entertainment Group Stock Technical Analysis
GMBLWDelisted Stock | USD 0.02 0.0001 0.50% |
As of the 1st of December, Esports Entertainment shows the Downside Deviation of 20.84, coefficient of variation of 1633.37, and Mean Deviation of 14.28. Esports Entertainment technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Esports Entertainment standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Esports Entertainment is priced favorably, providing market reflects its regular price of 0.0201 per share. As Esports Entertainment appears to be a penny stock we also advise to verify its total risk alpha numbers.
Esports Entertainment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Esports, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EsportsEsports |
Esports Entertainment technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Esports Entertainment Technical Analysis
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Esports Entertainment Trend Analysis
Use this graph to draw trend lines for Esports Entertainment Group. You can use it to identify possible trend reversals for Esports Entertainment as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Esports Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Esports Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Esports Entertainment Group applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Esports Entertainment Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Esports Entertainment price change compared to its average price change.About Esports Entertainment Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Esports Entertainment Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Esports Entertainment Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Esports Entertainment price pattern first instead of the macroeconomic environment surrounding Esports Entertainment. By analyzing Esports Entertainment's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Esports Entertainment's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Esports Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
Esports Entertainment December 1, 2024 Technical Indicators
Most technical analysis of Esports help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Esports from various momentum indicators to cycle indicators. When you analyze Esports charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0565 | |||
Market Risk Adjusted Performance | 0.4212 | |||
Mean Deviation | 14.28 | |||
Semi Deviation | 15.71 | |||
Downside Deviation | 20.84 | |||
Coefficient Of Variation | 1633.37 | |||
Standard Deviation | 22.03 | |||
Variance | 485.21 | |||
Information Ratio | 0.055 | |||
Jensen Alpha | 0.9232 | |||
Total Risk Alpha | (2.34) | |||
Sortino Ratio | 0.0581 | |||
Treynor Ratio | 0.4112 | |||
Maximum Drawdown | 125.67 | |||
Value At Risk | (32.22) | |||
Potential Upside | 43.33 | |||
Downside Variance | 434.44 | |||
Semi Variance | 246.88 | |||
Expected Short fall | (20.11) | |||
Skewness | 1.14 | |||
Kurtosis | 3.05 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Esports Pink Sheet
If you are still planning to invest in Esports Entertainment check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Esports Entertainment's history and understand the potential risks before investing.
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