Gamestop Corp Stock Price on August 19, 2022
| GME Stock | USD 10.31 0.01 0.1% |
If you're considering investing in GameStop Stock, it is important to understand the factors that can impact its price. As of today, the current price of GameStop Corp stands at 10.31, as last reported on the 19th of April, with the highest price reaching 10.63 and the lowest price hitting 10.27 during the day. GameStop Corp holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. GameStop Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GameStop Corp's Market Risk Adjusted Performance of 0.9459, risk adjusted performance of (0.07), and Standard Deviation of 3.98 to validate the risk estimate we provide.
GameStop Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GameStop |
Sharpe Ratio = -0.1268
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Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average GameStop Corp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GameStop Corp by adding GameStop Corp to a well-diversified portfolio.
GameStop Corp Valuation on August 19, 2022
It is possible to determine the worth of GameStop Corp on a given historical date. On August 19, 2022 GameStop was worth 35.18 at the beginning of the trading date compared to the closed value of 36.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GameStop Corp stock. Still, in general, we apply an absolute valuation method to find GameStop Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GameStop Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GameStop Corp's related companies.
| Open | High | Low | Close | Volume | |
| 39.27 | 40.07 | 37.34 | 37.93 | 8,145,446 | |
08/19/2022 | 35.18 | 37.19 | 34.67 | 36.49 | 9,551,861 |
| 34.31 | 36.20 | 34.20 | 34.50 | 5,798,630 |
| Backtest GameStop Corp | | | GameStop Corp History | | | GameStop Corp Valuation | Previous | Next |
GameStop Corp Trading Date Momentum on August 19, 2022
| On August 22 2022 GameStop Corp was traded for 34.50 at the closing time. Highest GameStop Corp's price during the trading hours was 36.20 and the lowest price during the day was 34.20 . The net volume was 5.8 M. The overall trading history on the 22nd of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.45% . The overall trading delta to current price is 16.47% . |
GameStop Corp Fundamentals Correlations and Trends
By evaluating GameStop Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GameStop Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GameStop financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GameStop Corp Stock history
GameStop Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GameStop is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GameStop Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GameStop Corp stock prices may prove useful in developing a viable investing in GameStop Corp
GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas. Gamestop Corp operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 12000 people.
GameStop Corp Stock Technical Analysis
GameStop Corp 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.
Price Boundaries
GameStop Corp Period Price Range
Low | August 19, 2022
| High |
35.18 | 36.49 |
GameStop Corp April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how GameStop Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GameStop Corp shares will generate the highest return on investment. By undertsting and applying GameStop Corp stock market strength indicators, traders can identify GameStop Corp entry and exit signals to maximize returns
| Accumulation Distribution | 647236.0 | |||
| Daily Balance Of Power | 0.5198 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 35.93 | |||
| Day Typical Price | 36.12 | |||
| Price Action Indicator | 1.22 | |||
| Period Momentum Indicator | (26.18) | |||
| Relative Strength Index | 15.65 |
GameStop Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GameStop Corp's price direction in advance. Along with the technical and fundamental analysis of GameStop Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GameStop to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 0.9359 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for GameStop Stock analysis
When running GameStop Corp's price analysis, check to measure GameStop Corp'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 GameStop Corp is operating at the current time. Most of GameStop Corp's value examination focuses on studying past and present price action to predict the probability of GameStop Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GameStop Corp's price. Additionally, you may evaluate how the addition of GameStop Corp to your portfolios can decrease your overall portfolio volatility.
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Is GameStop Corp'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 GameStop Corp. If investors know GameStop 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 GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp'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 GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp'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 GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp'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.