Blockchaink2 Corp Stock Market Value
| BIDCF Stock | USD 0.09 0.01 12.00% |
| Symbol | BlockchainK2 |
BlockchainK2 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 BlockchainK2 Corp'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 BlockchainK2 Corp.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in BlockchainK2 Corp on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding BlockchainK2 Corp or generate 0.0% return on investment in BlockchainK2 Corp over 360 days. BlockchainK2 Corp is related to or competes with DeFi Technologies, Galaxy Digital, BIG Blockchain, Bitfarms, HIVE Blockchain, CleanSpark, and Marathon Digital. BlockchainK2 Corp. engages in investing in blockchain technology solutions for capital markets and other sectors More
BlockchainK2 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 BlockchainK2 Corp'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 BlockchainK2 Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.92 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 76.36 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 15.48 |
BlockchainK2 Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlockchainK2 Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlockchainK2 Corp's standard deviation. In reality, there are many statistical measures that can use BlockchainK2 Corp historical prices to predict the future BlockchainK2 Corp's volatility.| Risk Adjusted Performance | 0.0161 | |||
| Jensen Alpha | 0.3058 | |||
| Total Risk Alpha | (1.32) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BlockchainK2 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.
BlockchainK2 Corp Backtested Returns
At this point, BlockchainK2 Corp is out of control. BlockchainK2 Corp secures Sharpe Ratio (or Efficiency) of 0.0096, which signifies that the company had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BlockchainK2 Corp, which you can use to evaluate the volatility of the firm. Please confirm BlockchainK2 Corp's Mean Deviation of 4.18, downside deviation of 11.92, and Risk Adjusted Performance of 0.0161 to double-check if the risk estimate we provide is consistent with the expected return of 0.0992%. The firm shows a Beta (market volatility) of -2.17, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BlockchainK2 Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, BlockchainK2 Corp is expected to outperform it. BlockchainK2 Corp right now shows a risk of 10.29%. Please confirm BlockchainK2 Corp jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if BlockchainK2 Corp will be following its price patterns.
Auto-correlation | -0.69 |
Very good reverse predictability
BlockchainK2 Corp has very good reverse predictability. Overlapping area represents the amount of predictability between BlockchainK2 Corp time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 BlockchainK2 Corp price movement. The serial correlation of -0.69 indicates that around 69.0% of current BlockchainK2 Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BlockchainK2 Corp lagged returns against current returns
Autocorrelation, which is BlockchainK2 Corp 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 BlockchainK2 Corp's otc stock expected returns. We can calculate the autocorrelation of BlockchainK2 Corp returns to help us make a trade decision. For example, suppose you find that BlockchainK2 Corp 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 |
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BlockchainK2 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 BlockchainK2 Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlockchainK2 Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlockchainK2 Corp otc stock over time.
Current vs Lagged Prices |
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BlockchainK2 Corp Lagged Returns
When evaluating BlockchainK2 Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlockchainK2 Corp otc stock have on its future price. BlockchainK2 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, BlockchainK2 Corp autocorrelation shows the relationship between BlockchainK2 Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in BlockchainK2 Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in BlockchainK2 OTC Stock
BlockchainK2 Corp financial ratios help investors to determine whether BlockchainK2 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 BlockchainK2 with respect to the benefits of owning BlockchainK2 Corp security.