Blue Star Gold Stock Market Value
| BAUFF Stock | USD 0.03 0.02 30.20% |
| Symbol | Blue |
Blue Star '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 Blue Star's otc 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 Blue Star.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Blue Star on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Star Gold or generate 0.0% return on investment in Blue Star over 30 days. Blue Star Gold Corp. acquisition and exploration of mineral properties in Canada More
Blue Star 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 Blue Star's otc 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 Blue Star Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 41.61 |
Blue Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Star's standard deviation. In reality, there are many statistical measures that can use Blue Star historical prices to predict the future Blue Star's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.88) | |||
| Total Risk Alpha | (1.81) | |||
| Treynor Ratio | 1.56 |
Blue Star Gold Backtested Returns
Blue Star Gold secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Blue Star Gold exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blue Star's Mean Deviation of 1.97, standard deviation of 5.77, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Star are expected to decrease at a much lower rate. During the bear market, Blue Star is likely to outperform the market. At this point, Blue Star Gold has a negative expected return of -0.98%. Please make sure to confirm Blue Star's kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Blue Star Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Blue Star Gold has no correlation between past and present. Overlapping area represents the amount of predictability between Blue Star time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Blue Star Gold price movement. The serial correlation of 0.0 indicates that just 0.0% of current Blue Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Star Gold lagged returns against current returns
Autocorrelation, which is Blue Star otc 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 Blue Star's otc stock expected returns. We can calculate the autocorrelation of Blue Star returns to help us make a trade decision. For example, suppose you find that Blue Star has exhibited high autocorrelation historically, and you observe that the otc 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 |
Blue Star 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 Blue Star otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Star otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Star otc stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Star Lagged Returns
When evaluating Blue Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Star otc stock have on its future price. Blue Star 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, Blue Star autocorrelation shows the relationship between Blue Star otc stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Star Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blue OTC Stock
Blue Star financial ratios help investors to determine whether Blue OTC Stock 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 Blue with respect to the benefits of owning Blue Star security.