Bluelinea (France) Market Value
| ALBLU Stock | EUR 0.90 0.03 3.45% |
| Symbol | Bluelinea |
Bluelinea '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 Bluelinea'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 Bluelinea.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bluelinea on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Bluelinea SA or generate 0.0% return on investment in Bluelinea over 30 days. Bluelinea is related to or competes with ICeram SA, Spineguard, and Implanet. Bluelinea Socit Anonyme operates tele-monitoring platform to provide healthcare facilities and home support services to ... More
Bluelinea 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 Bluelinea'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 Bluelinea SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.51 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 4.4 |
Bluelinea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluelinea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bluelinea's standard deviation. In reality, there are many statistical measures that can use Bluelinea historical prices to predict the future Bluelinea's volatility.| Risk Adjusted Performance | 0.0136 | |||
| Jensen Alpha | 0.0209 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bluelinea's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bluelinea SA Backtested Returns
Currently, Bluelinea SA is dangerous. Bluelinea SA secures Sharpe Ratio (or Efficiency) of 0.0097, which signifies that the company had a 0.0097% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bluelinea SA, which you can use to evaluate the volatility of the firm. Please confirm Bluelinea's Risk Adjusted Performance of 0.0136, downside deviation of 2.82, and Mean Deviation of 0.8995 to double-check if the risk estimate we provide is consistent with the expected return of 0.0194%. The firm shows a Beta (market volatility) of -0.0904, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bluelinea are expected to decrease at a much lower rate. During the bear market, Bluelinea is likely to outperform the market. Bluelinea SA right now shows a risk of 1.99%. Please confirm Bluelinea SA value at risk and the relationship between the skewness and relative strength index , to decide if Bluelinea SA will be following its price patterns.
Auto-correlation | 0.87 |
Very good predictability
Bluelinea SA has very good predictability. Overlapping area represents the amount of predictability between Bluelinea time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Bluelinea SA price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Bluelinea price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bluelinea SA lagged returns against current returns
Autocorrelation, which is Bluelinea 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 Bluelinea's stock expected returns. We can calculate the autocorrelation of Bluelinea returns to help us make a trade decision. For example, suppose you find that Bluelinea 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 |
Bluelinea 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 Bluelinea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bluelinea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bluelinea stock over time.
Current vs Lagged Prices |
| Timeline |
Bluelinea Lagged Returns
When evaluating Bluelinea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bluelinea stock have on its future price. Bluelinea 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, Bluelinea autocorrelation shows the relationship between Bluelinea stock current value and its past values and can show if there is a momentum factor associated with investing in Bluelinea SA.
Regressed Prices |
| Timeline |
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When running Bluelinea's price analysis, check to measure Bluelinea'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 Bluelinea is operating at the current time. Most of Bluelinea's value examination focuses on studying past and present price action to predict the probability of Bluelinea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluelinea's price. Additionally, you may evaluate how the addition of Bluelinea to your portfolios can decrease your overall portfolio volatility.