Blue Dolphin OTC Stock Forecast - Relative Strength Index
| BDCODelisted Stock | USD 6.06 0.33 5.16% |
Blue OTC Stock Forecast is based on your current time horizon.
Blue |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 67.12 | 67.12 |
| Check Blue Dolphin Volatility | Backtest Blue Dolphin | Information Ratio |
Blue Dolphin Trading Date Momentum
| On November 26 2024 Blue Dolphin Energy was traded for 6.06 at the closing time. The top price for the day was 6.49 and the lowest listed price was 6.06 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 5.45% . |
Blue Dolphin Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blue Dolphin otc stock to make a market-neutral strategy. Peer analysis of Blue Dolphin could also be used in its relative valuation, which is a method of valuing Blue Dolphin by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Blue Dolphin Market Strength Events
Market strength indicators help investors to evaluate how Blue Dolphin otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Dolphin shares will generate the highest return on investment. By undertsting and applying Blue Dolphin otc stock market strength indicators, traders can identify Blue Dolphin Energy entry and exit signals to maximize returns.
Blue Dolphin Risk Indicators
The analysis of Blue Dolphin's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Blue Dolphin's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blue otc stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 6.15 | |||
| Semi Deviation | 6.99 | |||
| Standard Deviation | 8.68 | |||
| Variance | 75.39 | |||
| Downside Variance | 68.33 | |||
| Semi Variance | 48.9 | |||
| Expected Short fall | (6.64) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Blue Dolphin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Dolphin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Dolphin will appreciate offsetting losses from the drop in the long position's value.Moving together with Blue OTC Stock
Moving against Blue OTC Stock
| 0.87 | UGP | Ultrapar Participacoes Potential Growth | PairCorr |
| 0.69 | DINO | HF Sinclair Corp Sell-off Trend | PairCorr |
| 0.66 | CVI | CVR Energy | PairCorr |
| 0.65 | BPT | BP Prudhoe Bay | PairCorr |
| 0.52 | MPC | Marathon Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Blue Dolphin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Dolphin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Dolphin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Dolphin Energy to buy it.
The correlation of Blue Dolphin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Dolphin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Dolphin Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Dolphin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Blue Dolphin Energy information on this page should be used as a complementary analysis to other Blue Dolphin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Blue OTC Stock
If you are still planning to invest in Blue Dolphin Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blue Dolphin's history and understand the potential risks before investing.
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