Blockchain Group (France) Price on July 30, 2024
| ALTBG Stock | 0.28 0.01 3.45% |
If you're considering investing in Blockchain Stock, it is important to understand the factors that can impact its price. As of today, the current price of Blockchain Group stands at 0.28, as last reported on the 30th of November, with the highest price reaching 0.29 and the lowest price hitting 0.25 during the day. Blockchain Group is out of control given 3 months investment horizon. Blockchain Group secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use Blockchain Group Risk Adjusted Performance of 0.1174, downside deviation of 7.94, and Mean Deviation of 6.27 to evaluate company specific risk that cannot be diversified away.
Blockchain Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Blockchain |
Sharpe Ratio = 0.1553
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Estimated Market Risk
| 8.27 actual daily | 73 73% of assets are less volatile |
Expected Return
| 1.28 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Blockchain Group is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blockchain Group by adding it to a well-diversified portfolio.
Blockchain Group Valuation on July 30, 2024
It is possible to determine the worth of Blockchain Group on a given historical date. On July 30, 2024 Blockchain was worth 0.12 at the beginning of the trading date compared to the closed value of 0.0935. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blockchain Group stock. Still, in general, we apply an absolute valuation method to find Blockchain Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blockchain Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blockchain Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.16 | 0.12 | 0.13 | 912,462 | |
07/30/2024 | 0.12 | 0.12 | 0.09 | 0.09 | 749,358 |
| 0.09 | 0.1 | 0.09 | 0.1 | 199,936 |
| Backtest Blockchain Group | | | Blockchain Group History | | | Blockchain Group Valuation | Previous | Next |
Blockchain Group Trading Date Momentum on July 30, 2024
| On July 31 2024 Blockchain Group SA was traded for 0.1 at the closing time. The highest price during the trading period was 0.1 and the lowest recorded bid was listed for 0.09 . The volume for the day was 199.9 K. This history from July 31, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.21% . The overall trading delta to the current price is 39.04% . |
Blockchain Group Fundamentals Correlations and Trends
By evaluating Blockchain Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blockchain Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blockchain financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blockchain Group Stock history
Blockchain Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blockchain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blockchain Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blockchain Group stock prices may prove useful in developing a viable investing in Blockchain Group
Blockchain Group Stock Technical Analysis
Blockchain Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Blockchain Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Blockchain Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Blockchain Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blockchain Group shares will generate the highest return on investment. By undertsting and applying Blockchain Group stock market strength indicators, traders can identify Blockchain Group SA entry and exit signals to maximize returns
Blockchain Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blockchain Group's price direction in advance. Along with the technical and fundamental analysis of Blockchain Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blockchain to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1174 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.13 | |||
| Treynor Ratio | (1.21) |
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Additional Tools for Blockchain Stock Analysis
When running Blockchain Group's price analysis, check to measure Blockchain Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blockchain Group is operating at the current time. Most of Blockchain Group's value examination focuses on studying past and present price action to predict the probability of Blockchain Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blockchain Group's price. Additionally, you may evaluate how the addition of Blockchain Group to your portfolios can decrease your overall portfolio volatility.