Blumetric Environmental Stock Market Value
| SEPOF Stock | USD 0.59 0.05 7.81% |
| Symbol | BluMetric |
BluMetric Environmental '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 BluMetric Environmental'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 BluMetric Environmental.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in BluMetric Environmental on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding BluMetric Environmental or generate 0.0% return on investment in BluMetric Environmental over 720 days. BluMetric Environmental is related to or competes with Republic Services, Waste Connections, Clean Harbors, Gfl Environmental, and Casella Waste. BluMetric Environmental Inc. provides solution-oriented consultation, design, products, and construction services to cli... More
BluMetric Environmental 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 BluMetric Environmental'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 BluMetric Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.17 | |||
| Information Ratio | 0.1343 | |||
| Maximum Drawdown | 50.41 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 9.09 |
BluMetric Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BluMetric Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BluMetric Environmental's standard deviation. In reality, there are many statistical measures that can use BluMetric Environmental historical prices to predict the future BluMetric Environmental's volatility.| Risk Adjusted Performance | 0.1256 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | 0.0119 | |||
| Sortino Ratio | 0.1463 | |||
| Treynor Ratio | 8.13 |
BluMetric Environmental Backtested Returns
BluMetric Environmental is out of control given 3 months investment horizon. BluMetric Environmental secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use BluMetric Environmental Mean Deviation of 2.9, risk adjusted performance of 0.1256, and Downside Deviation of 6.17 to evaluate company specific risk that cannot be diversified away. BluMetric Environmental holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BluMetric Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding BluMetric Environmental is expected to be smaller as well. Use BluMetric Environmental potential upside and the relationship between the skewness and relative strength index , to analyze future returns on BluMetric Environmental.
Auto-correlation | 0.52 |
Modest predictability
BluMetric Environmental has modest predictability. Overlapping area represents the amount of predictability between BluMetric Environmental time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 BluMetric Environmental price movement. The serial correlation of 0.52 indicates that about 52.0% of current BluMetric Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BluMetric Environmental lagged returns against current returns
Autocorrelation, which is BluMetric Environmental 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 BluMetric Environmental's pink sheet expected returns. We can calculate the autocorrelation of BluMetric Environmental returns to help us make a trade decision. For example, suppose you find that BluMetric Environmental 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 |
BluMetric Environmental 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 BluMetric Environmental pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BluMetric Environmental pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BluMetric Environmental pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BluMetric Environmental Lagged Returns
When evaluating BluMetric Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BluMetric Environmental pink sheet have on its future price. BluMetric Environmental 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, BluMetric Environmental autocorrelation shows the relationship between BluMetric Environmental pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BluMetric Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BluMetric Pink Sheet
BluMetric Environmental financial ratios help investors to determine whether BluMetric 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 BluMetric with respect to the benefits of owning BluMetric Environmental security.