Forgame Holdings (Germany) Market Value
| FH0 Stock | 0.09 0 2.78% |
| Symbol | Forgame |
Forgame Holdings '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 Forgame Holdings' 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 Forgame Holdings.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Forgame Holdings on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Forgame Holdings or generate 0.0% return on investment in Forgame Holdings over 90 days. Forgame Holdings is related to or competes with Tri Pointe, SmarTone Telecommunicatio, BOVIS HOMES, IMPERIAL TOBACCO, Citic Telecom, and Scandinavian Tobacco. More
Forgame Holdings 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 Forgame Holdings' 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 Forgame Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.0394 | |||
| Maximum Drawdown | 22.86 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 6.8 |
Forgame Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forgame Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forgame Holdings' standard deviation. In reality, there are many statistical measures that can use Forgame Holdings historical prices to predict the future Forgame Holdings' volatility.| Risk Adjusted Performance | 0.0846 | |||
| Jensen Alpha | 0.2623 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | 6.68 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forgame Holdings' 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.
Forgame Holdings Backtested Returns
Forgame Holdings appears to be out of control, given 3 months investment horizon. Forgame Holdings secures Sharpe Ratio (or Efficiency) of 0.0986, which denotes the company had a 0.0986 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Forgame Holdings, which you can use to evaluate the volatility of the firm. Please utilize Forgame Holdings' Downside Deviation of 3.18, mean deviation of 2.17, and Coefficient Of Variation of 1203.89 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Forgame Holdings holds a performance score of 7. The firm shows a Beta (market volatility) of 0.0401, which means not very significant fluctuations relative to the market. As returns on the market increase, Forgame Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Forgame Holdings is expected to be smaller as well. Please check Forgame Holdings' sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Forgame Holdings' price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Forgame Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Forgame Holdings time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Forgame Holdings price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Forgame Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forgame Holdings lagged returns against current returns
Autocorrelation, which is Forgame Holdings 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 Forgame Holdings' stock expected returns. We can calculate the autocorrelation of Forgame Holdings returns to help us make a trade decision. For example, suppose you find that Forgame Holdings 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 |
Forgame Holdings 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 Forgame Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forgame Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forgame Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Forgame Holdings Lagged Returns
When evaluating Forgame Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forgame Holdings stock have on its future price. Forgame Holdings 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, Forgame Holdings autocorrelation shows the relationship between Forgame Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Forgame Holdings.
Regressed Prices |
| Timeline |
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Additional Tools for Forgame Stock Analysis
When running Forgame Holdings' price analysis, check to measure Forgame Holdings' 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 Forgame Holdings is operating at the current time. Most of Forgame Holdings' value examination focuses on studying past and present price action to predict the probability of Forgame Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forgame Holdings' price. Additionally, you may evaluate how the addition of Forgame Holdings to your portfolios can decrease your overall portfolio volatility.