Blue Biofuels Stock Market Value
| BIOF Stock | USD 0.12 0.01 9.09% |
| Symbol | Blue |
Blue Biofuels '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 Biofuels' 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 Biofuels.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Blue Biofuels on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Blue Biofuels or generate 0.0% return on investment in Blue Biofuels over 720 days. Blue Biofuels is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. Blue Biofuels, Inc., through its subsidiaries, focuses on technologies in the renewable energy, biofuels, and bioplastic... More
Blue Biofuels 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 Biofuels' 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 Biofuels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.42 | |||
| Information Ratio | 0.0093 | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Blue Biofuels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Biofuels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Biofuels' standard deviation. In reality, there are many statistical measures that can use Blue Biofuels historical prices to predict the future Blue Biofuels' volatility.| Risk Adjusted Performance | 0.0285 | |||
| Jensen Alpha | 0.0934 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.0062 | |||
| Treynor Ratio | 0.2635 |
Blue Biofuels Backtested Returns
At this point, Blue Biofuels is out of control. Blue Biofuels secures Sharpe Ratio (or Efficiency) of 0.0275, which signifies that the company had a 0.0275% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Blue Biofuels, which you can use to evaluate the volatility of the firm. Please confirm Blue Biofuels' Risk Adjusted Performance of 0.0285, mean deviation of 3.68, and Downside Deviation of 8.42 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Blue Biofuels has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blue Biofuels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Blue Biofuels is expected to be smaller as well. Blue Biofuels right now shows a risk of 5.6%. Please confirm Blue Biofuels maximum drawdown and the relationship between the semi variance and day typical price , to decide if Blue Biofuels will be following its price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Blue Biofuels has good reverse predictability. Overlapping area represents the amount of predictability between Blue Biofuels time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Blue Biofuels price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Blue Biofuels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Biofuels lagged returns against current returns
Autocorrelation, which is Blue Biofuels 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 Biofuels' otc stock expected returns. We can calculate the autocorrelation of Blue Biofuels returns to help us make a trade decision. For example, suppose you find that Blue Biofuels 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 Biofuels 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 Biofuels otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Biofuels 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 Biofuels otc stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Biofuels Lagged Returns
When evaluating Blue Biofuels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Biofuels otc stock have on its future price. Blue Biofuels 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 Biofuels autocorrelation shows the relationship between Blue Biofuels otc stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Biofuels.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blue OTC Stock
Blue Biofuels 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 Biofuels security.