Take Two Interactive Software Stock Market Value
| TTWO Stock | USD 140.60 0.04 0.03% |
| Symbol | Take |
Take Two Interactive Price To Book Ratio
Is Take Two's industry 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 Take Two. If investors know Take 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 Take Two listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share (8.71) | Revenue Per Share 31.851 | Quarterly Revenue Growth (0.03) | Return On Assets (0.02) |
The market value of Take Two Interactive is measured differently than its book value, which is the value of Take that is recorded on the company's balance sheet. Investors also form their own opinion of Take Two's value that differs from its market value or its book value, called intrinsic value, which is Take Two'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 Take Two's market value can be influenced by many factors that don't directly affect Take Two'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 Take Two's value and its price as these two are different measures arrived at by different means. Investors typically determine if Take Two is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Take Two'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.
Take Two '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 Take Two'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 Take Two.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Take Two on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Take Two Interactive Software or generate 0.0% return on investment in Take Two over 30 days. Take Two is related to or competes with Nintendo, Playtika Holding, and Doubledown InteractiveCo. Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers w... More
Take Two 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 Take Two'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 Take Two Interactive Software upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.03 |
Take Two Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Take Two's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Take Two's standard deviation. In reality, there are many statistical measures that can use Take Two historical prices to predict the future Take Two's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Take Two'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.
Take Two Interactive Backtested Returns
Take Two Interactive owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Take Two Interactive Software exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Take Two's Variance of 2.85, coefficient of variation of (851.09), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 1.22, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Take Two will likely underperform. Take Two Interactive has an expected return of -0.23%. Please make sure to validate Take Two jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Take Two Interactive performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Take Two Interactive Software has poor reverse predictability. Overlapping area represents the amount of predictability between Take Two time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Take Two Interactive price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Take Two price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 18.64 |
Take Two Interactive lagged returns against current returns
Autocorrelation, which is Take Two 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 Take Two's stock expected returns. We can calculate the autocorrelation of Take Two returns to help us make a trade decision. For example, suppose you find that Take Two 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 |
Take Two 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 Take Two stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Take Two stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Take Two stock over time.
Current vs Lagged Prices |
| Timeline |
Take Two Lagged Returns
When evaluating Take Two's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Take Two stock have on its future price. Take Two 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, Take Two autocorrelation shows the relationship between Take Two stock current value and its past values and can show if there is a momentum factor associated with investing in Take Two Interactive Software.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Take Two Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Take Two's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Take Two Interactive Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Take Two Interactive Software Stock:Check out Take Two Correlation, Take Two Volatility and Take Two Alpha and Beta module to complement your research on Take Two. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Take Stock analysis
When running Take Two's price analysis, check to measure Take Two'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 Take Two is operating at the current time. Most of Take Two's value examination focuses on studying past and present price action to predict the probability of Take Two's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Take Two's price. Additionally, you may evaluate how the addition of Take Two to your portfolios can decrease your overall portfolio volatility.
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Take Two technical stock 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, stock market cycles, or different charting patterns.