Big Blockchain Intelligence Stock Market Value
| BBKCF Stock | USD 0.15 0.02 15.38% |
| Symbol | BIG |
BIG Blockchain '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 BIG Blockchain's otc 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 BIG Blockchain.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in BIG Blockchain on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding BIG Blockchain Intelligence or generate 0.0% return on investment in BIG Blockchain over 390 days. BIG Blockchain is related to or competes with DeFi Technologies, Argo Blockchain, Galaxy Digital, Bluesky Digital, Dmg Blockchain, Bitfarms, and Hut 8. BIGG Digital Assets Inc. operates and invests in the digital currency in Canada More
BIG Blockchain 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 BIG Blockchain's otc 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 BIG Blockchain Intelligence upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.49 | |||
| Information Ratio | 0.0993 | |||
| Maximum Drawdown | 42.5 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 14.29 |
BIG Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIG Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIG Blockchain's standard deviation. In reality, there are many statistical measures that can use BIG Blockchain historical prices to predict the future BIG Blockchain's volatility.| Risk Adjusted Performance | 0.0984 | |||
| Jensen Alpha | 0.5113 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0887 | |||
| Treynor Ratio | 0.2912 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BIG Blockchain'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.
BIG Blockchain Intel Backtested Returns
BIG Blockchain appears to be out of control, given 3 months investment horizon. BIG Blockchain Intel secures Sharpe Ratio (or Efficiency) of 0.0985, which signifies that the company had a 0.0985% return per unit of risk over the last 3 months. By examining BIG Blockchain's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of BIG Blockchain's Downside Deviation of 8.49, mean deviation of 5.01, and Risk Adjusted Performance of 0.0984 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BIG Blockchain holds a performance score of 7. The firm shows a Beta (market volatility) of 3.0, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BIG Blockchain will likely underperform. Please check BIG Blockchain's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether BIG Blockchain's price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
BIG Blockchain Intelligence has modest reverse predictability. Overlapping area represents the amount of predictability between BIG Blockchain time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 BIG Blockchain Intel price movement. The serial correlation of -0.44 indicates that just about 44.0% of current BIG Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BIG Blockchain Intel lagged returns against current returns
Autocorrelation, which is BIG Blockchain otc 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 BIG Blockchain's otc stock expected returns. We can calculate the autocorrelation of BIG Blockchain returns to help us make a trade decision. For example, suppose you find that BIG Blockchain has exhibited high autocorrelation historically, and you observe that the otc 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 |
BIG Blockchain 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 BIG Blockchain otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIG Blockchain otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIG Blockchain otc stock over time.
Current vs Lagged Prices |
| Timeline |
BIG Blockchain Lagged Returns
When evaluating BIG Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIG Blockchain otc stock have on its future price. BIG Blockchain 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, BIG Blockchain autocorrelation shows the relationship between BIG Blockchain otc stock current value and its past values and can show if there is a momentum factor associated with investing in BIG Blockchain Intelligence.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BIG OTC Stock
BIG Blockchain financial ratios help investors to determine whether BIG OTC 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 BIG with respect to the benefits of owning BIG Blockchain security.