Games Workshop Group Stock Market Value

GMWKF Stock  USD 125.00  2.00  1.57%   
Games Workshop's market value is the price at which a share of Games Workshop trades on a public exchange. It measures the collective expectations of Games Workshop Group investors about its performance. Games Workshop is trading at 125.00 as of the 28th of March 2024. This is a -1.57% down since the beginning of the trading day. The stock's lowest day price was 125.0.
With this module, you can estimate the performance of a buy and hold strategy of Games Workshop Group and determine expected loss or profit from investing in Games Workshop over a given investment horizon. Check out Games Workshop Correlation, Games Workshop Volatility and Games Workshop Alpha and Beta module to complement your research on Games Workshop.
Symbol

Please note, there is a significant difference between Games Workshop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Games Workshop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Games Workshop'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.

Games Workshop '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 Games Workshop's 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 Games Workshop.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Games Workshop on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Games Workshop Group or generate 0.0% return on investment in Games Workshop over 30 days. Games Workshop is related to or competes with Afya, Perseus Mining, Ioneer, Harmony Gold, and Skillful Craftsman. Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, distributes, and sells miniature figure... More

Games Workshop 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 Games Workshop's 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 Games Workshop Group upside and downside potential and time the market with a certain degree of confidence.

Games Workshop Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Games Workshop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Games Workshop's standard deviation. In reality, there are many statistical measures that can use Games Workshop historical prices to predict the future Games Workshop's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Games Workshop'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.
Hype
Prediction
LowEstimatedHigh
123.34125.00126.66
Details
Intrinsic
Valuation
LowRealHigh
103.34105.00137.50
Details
Naive
Forecast
LowNextHigh
123.29124.95126.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
123.78125.67127.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Games Workshop. Your research has to be compared to or analyzed against Games Workshop's peers to derive any actionable benefits. When done correctly, Games Workshop's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Games Workshop Group.

Games Workshop Group Backtested Returns

We consider Games Workshop very steady. Games Workshop Group holds Efficiency (Sharpe) Ratio of 0.0214, which attests that the entity had a 0.0214% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Games Workshop Group, which you can use to evaluate the volatility of the firm. Please check out Games Workshop's Market Risk Adjusted Performance of (0.67), downside deviation of 2.02, and Risk Adjusted Performance of 0.0371 to validate if the risk estimate we provide is consistent with the expected return of 0.0355%. Games Workshop has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Games Workshop are expected to decrease at a much lower rate. During the bear market, Games Workshop is likely to outperform the market. Games Workshop Group right now retains a risk of 1.66%. Please check out Games Workshop sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to decide if Games Workshop will be following its current trending patterns.

Auto-correlation

    
  0.16  

Very weak predictability

Games Workshop Group has very weak predictability. Overlapping area represents the amount of predictability between Games Workshop time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Games Workshop Group price movement. The serial correlation of 0.16 indicates that over 16.0% of current Games Workshop price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.34
Residual Average0.0
Price Variance2.36

Games Workshop Group lagged returns against current returns

Autocorrelation, which is Games Workshop 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 Games Workshop's pink sheet expected returns. We can calculate the autocorrelation of Games Workshop returns to help us make a trade decision. For example, suppose you find that Games Workshop 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  

Games Workshop 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 Games Workshop pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Games Workshop pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Games Workshop pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Games Workshop Lagged Returns

When evaluating Games Workshop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Games Workshop pink sheet have on its future price. Games Workshop 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, Games Workshop autocorrelation shows the relationship between Games Workshop pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Games Workshop Group.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Games Workshop in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Games Workshop's short interest history, or implied volatility extrapolated from Games Workshop options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Games Workshop Correlation, Games Workshop Volatility and Games Workshop Alpha and Beta module to complement your research on Games Workshop.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Games Pink Sheet analysis

When running Games Workshop's price analysis, check to measure Games Workshop'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 Games Workshop is operating at the current time. Most of Games Workshop's value examination focuses on studying past and present price action to predict the probability of Games Workshop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Games Workshop's price. Additionally, you may evaluate how the addition of Games Workshop to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Games Workshop 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.
A focus of Games Workshop technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Games Workshop trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...