Blackbird Plc Stock Market Value
| BBRDF Stock | USD 0.08 0.02 40.94% |
| Symbol | Blackbird |
Blackbird Plc '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 Blackbird Plc's pink sheet 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 Blackbird Plc.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Blackbird Plc on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Blackbird plc or generate 0.0% return on investment in Blackbird Plc over 30 days. Blackbird Plc is related to or competes with BASE, Computer Modelling, Blackline Safety, Ackroo, Agent Information, RenoWorks Software, and 01 Communique. Blackbird plc develops and operates a cloud-based video editing and publishing platform under the Blackbird name in the ... More
Blackbird Plc 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 Blackbird Plc's pink sheet 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 Blackbird plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 40.94 | |||
| Value At Risk | (0.67) |
Blackbird Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackbird Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackbird Plc's standard deviation. In reality, there are many statistical measures that can use Blackbird Plc historical prices to predict the future Blackbird Plc's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1393 | |||
| Treynor Ratio | 0.1024 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackbird Plc'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.
Blackbird plc Backtested Returns
Blackbird Plc appears to be out of control, given 3 months investment horizon. Blackbird plc secures Sharpe Ratio (or Efficiency) of 0.0853, which signifies that the company had a 0.0853 % return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Blackbird plc, which you can use to evaluate the volatility of the firm. Please makes use of Blackbird Plc's mean deviation of 1.34, and Risk Adjusted Performance of 0.0027 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blackbird Plc holds a performance score of 6. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blackbird Plc are expected to decrease at a much lower rate. During the bear market, Blackbird Plc is likely to outperform the market. Please check Blackbird Plc's coefficient of variation, value at risk, day typical price, as well as the relationship between the information ratio and daily balance of power , to make a quick decision on whether Blackbird Plc's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Blackbird plc has no correlation between past and present. Overlapping area represents the amount of predictability between Blackbird Plc time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackbird plc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Blackbird Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackbird plc lagged returns against current returns
Autocorrelation, which is Blackbird Plc pink sheet'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 Blackbird Plc's pink sheet expected returns. We can calculate the autocorrelation of Blackbird Plc returns to help us make a trade decision. For example, suppose you find that Blackbird Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Blackbird Plc 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 Blackbird Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackbird Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackbird Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blackbird Plc Lagged Returns
When evaluating Blackbird Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackbird Plc pink sheet have on its future price. Blackbird Plc 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, Blackbird Plc autocorrelation shows the relationship between Blackbird Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blackbird plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blackbird Pink Sheet
Blackbird Plc financial ratios help investors to determine whether Blackbird Pink Sheet 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 Blackbird with respect to the benefits of owning Blackbird Plc security.