Cd Projekt Sa Stock Market Value
| OTGLF Stock | USD 33.00 0.81 2.40% |
| Symbol | OTGLF |
CD Projekt '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 CD Projekt'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 CD Projekt.
| 03/08/2024 |
| 06/06/2024 |
If you would invest 0.00 in CD Projekt on March 8, 2024 and sell it all today you would earn a total of 0.00 from holding CD Projekt SA or generate 0.0% return on investment in CD Projekt over 90 days. CD Projekt is related to or competes with Gannett, Dallasnews Corp, Scholastic, Pearson PLC, and New York. CD Projekt S.A., together its subsidiaries, engages in the development, publishing, and digital distribution of videogam... More
CD Projekt 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 CD Projekt'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 CD Projekt SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0676 | |||
| Maximum Drawdown | 22.29 | |||
| Value At Risk | (0.86) |
CD Projekt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CD Projekt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CD Projekt's standard deviation. In reality, there are many statistical measures that can use CD Projekt historical prices to predict the future CD Projekt's volatility.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.2047 | |||
| Total Risk Alpha | 0.0923 | |||
| Sortino Ratio | 0.1095 | |||
| Treynor Ratio | (0.49) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CD Projekt'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.
CD Projekt SA Backtested Returns
CD Projekt appears to be very steady, given 3 months investment horizon. CD Projekt SA retains Efficiency (Sharpe Ratio) of 0.0838, which signifies that the company had a 0.0838% return per unit of price deviation over the last 3 months. We have found twenty-six technical indicators for CD Projekt, which you can use to evaluate the volatility of the firm. Please makes use of CD Projekt's Variance of 6.24, standard deviation of 2.5, and Market Risk Adjusted Performance of (0.48) to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CD Projekt holds a performance score of 6. The firm owns a Beta (Systematic Risk) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CD Projekt are expected to decrease at a much lower rate. During the bear market, CD Projekt is likely to outperform the market. Please check CD Projekt's standard deviation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether CD Projekt's current price history will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
CD Projekt SA has very good reverse predictability. Overlapping area represents the amount of predictability between CD Projekt time series from 8th of March 2024 to 22nd of April 2024 and 22nd of April 2024 to 6th of June 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 CD Projekt SA price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current CD Projekt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 4.86 |
CD Projekt SA lagged returns against current returns
Autocorrelation, which is CD Projekt 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 CD Projekt's pink sheet expected returns. We can calculate the autocorrelation of CD Projekt returns to help us make a trade decision. For example, suppose you find that CD Projekt 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 |
CD Projekt 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 CD Projekt pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CD Projekt pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CD Projekt pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CD Projekt Lagged Returns
When evaluating CD Projekt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CD Projekt pink sheet have on its future price. CD Projekt 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, CD Projekt autocorrelation shows the relationship between CD Projekt pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CD Projekt SA.
Regressed Prices |
| Timeline |
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Other Information on Investing in OTGLF Pink Sheet
CD Projekt financial ratios help investors to determine whether OTGLF Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OTGLF with respect to the benefits of owning CD Projekt security.