BlueFocus Communication (China) Market Value
| 300058 Stock | 11.30 0.93 8.97% |
| Symbol | BlueFocus |
BlueFocus Communication '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 BlueFocus Communication'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 BlueFocus Communication.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in BlueFocus Communication on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding BlueFocus Communication Group or generate 0.0% return on investment in BlueFocus Communication over 30 days. BlueFocus Communication is related to or competes with Beijing Kaiwen, Northern United, China Sports, Qtone Education, and Southern PublishingMedia. BlueFocus Communication is entity of China More
BlueFocus Communication 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 BlueFocus Communication'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 BlueFocus Communication Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.43 | |||
| Information Ratio | 0.2003 | |||
| Maximum Drawdown | 29.95 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 15.34 |
BlueFocus Communication Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlueFocus Communication's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlueFocus Communication's standard deviation. In reality, there are many statistical measures that can use BlueFocus Communication historical prices to predict the future BlueFocus Communication's volatility.| Risk Adjusted Performance | 0.1809 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.3504 | |||
| Sortino Ratio | 0.2424 | |||
| Treynor Ratio | 178.33 |
BlueFocus Communication Backtested Returns
BlueFocus Communication is moderately volatile given 3 months investment horizon. BlueFocus Communication secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use BlueFocus Communication Mean Deviation of 3.45, downside deviation of 4.43, and Risk Adjusted Performance of 0.1809 to evaluate company specific risk that cannot be diversified away. BlueFocus Communication holds a performance score of 21 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0067, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BlueFocus Communication's returns are expected to increase less than the market. However, during the bear market, the loss of holding BlueFocus Communication is expected to be smaller as well. Use BlueFocus Communication standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on BlueFocus Communication.
Auto-correlation | 0.68 |
Good predictability
BlueFocus Communication Group has good predictability. Overlapping area represents the amount of predictability between BlueFocus Communication time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 BlueFocus Communication price movement. The serial correlation of 0.68 indicates that around 68.0% of current BlueFocus Communication price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
BlueFocus Communication lagged returns against current returns
Autocorrelation, which is BlueFocus Communication 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 BlueFocus Communication's stock expected returns. We can calculate the autocorrelation of BlueFocus Communication returns to help us make a trade decision. For example, suppose you find that BlueFocus Communication 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 |
BlueFocus Communication 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 BlueFocus Communication stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlueFocus Communication stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlueFocus Communication stock over time.
Current vs Lagged Prices |
| Timeline |
BlueFocus Communication Lagged Returns
When evaluating BlueFocus Communication's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlueFocus Communication stock have on its future price. BlueFocus Communication 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, BlueFocus Communication autocorrelation shows the relationship between BlueFocus Communication stock current value and its past values and can show if there is a momentum factor associated with investing in BlueFocus Communication Group.
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 BlueFocus Stock
BlueFocus Communication financial ratios help investors to determine whether BlueFocus 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 BlueFocus with respect to the benefits of owning BlueFocus Communication security.