Gamestop Stock Market Value

GME
 Stock
  

USD 25.38  0.25  0.99%   

Gamestop Corp's market value is the price at which a share of Gamestop Corp stock trades on a public exchange. It measures the collective expectations of Gamestop Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Gamestop Corp and determine expected loss or profit from investing in Gamestop Corp over a given investment horizon. Please check Gamestop Corp Correlation, Gamestop Corp Volatility and Gamestop Corp Alpha and Beta module to complement your research on Gamestop Corp.
Symbol


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 Gamestop Corp value 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.

Gamestop Corp '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 Gamestop Corp'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 Gamestop Corp.
0.00
10/14/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
10/04/2022
0.00
If you would invest  0.00  in Gamestop Corp on October 14, 2020 and sell it all today you would earn a total of 0.00 from holding Gamestop Corp or generate 0.0% return on investment in Gamestop Corp over 720 days. Gamestop Corp is related to or competes with Best Buy. GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and va... More

Gamestop Corp 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 Gamestop Corp'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 Gamestop Corp upside and downside potential and time the market with a certain degree of confidence.

Gamestop Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gamestop Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gamestop Corp's standard deviation. In reality, there are many statistical measures that can use Gamestop Corp historical prices to predict the future Gamestop Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Gamestop Corp'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. Please use the tools below to analyze the current value of Gamestop Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.3925.1829.97
Details
Intrinsic
Valuation
LowReal ValueHigh
22.8432.3437.13
Details
Naive
Forecast
LowNext ValueHigh
19.6224.4129.20
Details
4 Analysts
Consensus
LowTarget PriceHigh
10.0055.75145.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gamestop Corp. Your research has to be compared to or analyzed against Gamestop Corp's peers to derive any actionable benefits. When done correctly, Gamestop Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Gamestop Corp.

Gamestop Corp Backtested Returns

Gamestop Corp holds Efficiency (Sharpe) Ratio of -0.024, which attests that the entity had -0.024% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Gamestop Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Gamestop Corp market risk adjusted performance of (0.1), and Risk Adjusted Performance of (0.035308) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.6789, which attests to a somewhat significant risk relative to the market. Let's try to break down what Gamestop's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gamestop Corp will likely underperform. Even though it is essential to pay attention to Gamestop Corp current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Gamestop Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Gamestop Corp has an expected return of -0.12%. Please be advised to check out Gamestop Corp downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Gamestop Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.59  

Good reverse predictability

Gamestop Corp has good reverse predictability. Overlapping area represents the amount of predictability between Gamestop Corp time series from 14th of October 2020 to 9th of October 2021 and 9th of October 2021 to 4th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gamestop Corp price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Gamestop Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.17
Residual Average0.0
Price Variance69.06

Gamestop Corp lagged returns against current returns

Autocorrelation, which is Gamestop Corp 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 Gamestop Corp's stock expected returns. We can calculate the autocorrelation of Gamestop Corp returns to help us make a trade decision. For example, suppose you find that Gamestop Corp stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Gamestop Corp Lagged Returns

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

Gamestop Corp Implied Volatility

    
  138.0  
Gamestop Corp's implied volatility exposes the market's sentiment of Gamestop Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Gamestop Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Gamestop Corp stock will not fluctuate a lot when Gamestop Corp's options are near their expiration.
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 Gamestop Corp 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, Gamestop Corp's short interest history, or implied volatility extrapolated from Gamestop Corp options trading.

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Please check Gamestop Corp Correlation, Gamestop Corp Volatility and Gamestop Corp Alpha and Beta module to complement your research on Gamestop Corp. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Gamestop Corp 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 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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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.
A focus of Gamestop Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gamestop Corp 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...