Blue Sail (China) Market Value
| 002382 Stock | 5.50 0.04 0.73% |
| Symbol | Blue |
Blue Sail '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 Sail's 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 Sail.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blue Sail on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Sail Medical or generate 0.0% return on investment in Blue Sail over 90 days. Blue Sail is related to or competes with Industrial, China Construction, Agricultural Bank, Bank of China, PetroChina, China Merchants, and CNOOC. Blue Sail is entity of China. It is traded as Stock on SHE exchange. More
Blue Sail 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 Sail's 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 Sail Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 15.66 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 3.4 |
Blue Sail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Sail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Sail's standard deviation. In reality, there are many statistical measures that can use Blue Sail historical prices to predict the future Blue Sail's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.3236 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0652 | |||
| Treynor Ratio | (0.83) |
Blue Sail Medical Backtested Returns
Blue Sail appears to be slightly risky, given 3 months investment horizon. Blue Sail Medical 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 have found twenty-nine technical indicators for Blue Sail Medical, which you can use to evaluate the volatility of the firm. Please makes use of Blue Sail's Mean Deviation of 1.72, downside deviation of 2.49, and Risk Adjusted Performance of 0.0981 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blue Sail holds a performance score of 12. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Sail are expected to decrease at a much lower rate. During the bear market, Blue Sail is likely to outperform the market. Please check Blue Sail's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Blue Sail's price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Blue Sail Medical has average predictability. Overlapping area represents the amount of predictability between Blue Sail time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th of November 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 Sail Medical price movement. The serial correlation of 0.49 indicates that about 49.0% of current Blue Sail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Blue Sail Medical lagged returns against current returns
Autocorrelation, which is Blue Sail 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 Sail's stock expected returns. We can calculate the autocorrelation of Blue Sail returns to help us make a trade decision. For example, suppose you find that Blue Sail has exhibited high autocorrelation historically, and you observe that the 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 Sail 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 Sail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Sail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Sail stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Sail Lagged Returns
When evaluating Blue Sail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Sail stock have on its future price. Blue Sail 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 Sail autocorrelation shows the relationship between Blue Sail stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Sail Medical.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Blue Stock
Blue Sail financial ratios help investors to determine whether Blue 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 Sail security.