Blackstone Minerals Stock Market Value
| BLSTF Stock | USD 0.02 0.01 42.86% |
| Symbol | Blackstone |
Blackstone Minerals '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 Blackstone Minerals' 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 Blackstone Minerals.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Blackstone Minerals on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Blackstone Minerals or generate 0.0% return on investment in Blackstone Minerals over 360 days. Blackstone Minerals is related to or competes with ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. Blackstone Minerals Limited engages in the exploration and development of mineral properties More
Blackstone Minerals 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 Blackstone Minerals' 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 Blackstone Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 51.04 | |||
| Information Ratio | 0.1242 | |||
| Maximum Drawdown | 27083.47 | |||
| Value At Risk | (16.00) | |||
| Potential Upside | 23.38 |
Blackstone Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstone Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstone Minerals' standard deviation. In reality, there are many statistical measures that can use Blackstone Minerals historical prices to predict the future Blackstone Minerals' volatility.| Risk Adjusted Performance | 0.1049 | |||
| Jensen Alpha | 489.55 | |||
| Total Risk Alpha | (142.01) | |||
| Sortino Ratio | 8.09 | |||
| Treynor Ratio | (0.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackstone Minerals' 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.
Blackstone Minerals Backtested Returns
Blackstone Minerals is out of control given 3 months investment horizon. Blackstone Minerals secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 19.01% are justified by taking the suggested risk. Use Blackstone Minerals mean deviation of 805.95, and Risk Adjusted Performance of 0.1049 to evaluate company specific risk that cannot be diversified away. Blackstone Minerals holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -601.65, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Blackstone Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Blackstone Minerals is expected to outperform it. Use Blackstone Minerals standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Blackstone Minerals.
Auto-correlation | 0.15 |
Insignificant predictability
Blackstone Minerals has insignificant predictability. Overlapping area represents the amount of predictability between Blackstone Minerals time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Blackstone Minerals price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Blackstone Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackstone Minerals lagged returns against current returns
Autocorrelation, which is Blackstone Minerals 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 Blackstone Minerals' pink sheet expected returns. We can calculate the autocorrelation of Blackstone Minerals returns to help us make a trade decision. For example, suppose you find that Blackstone Minerals 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 |
Blackstone Minerals 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 Blackstone Minerals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstone Minerals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstone Minerals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blackstone Minerals Lagged Returns
When evaluating Blackstone Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstone Minerals pink sheet have on its future price. Blackstone Minerals 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, Blackstone Minerals autocorrelation shows the relationship between Blackstone Minerals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blackstone Minerals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blackstone Pink Sheet
Blackstone Minerals financial ratios help investors to determine whether Blackstone 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 Blackstone with respect to the benefits of owning Blackstone Minerals security.