Blueberries Medical Corp Stock Market Value
| BBRRF Stock | USD 0.01 0.0001 0.80% |
| Symbol | Blueberries |
Blueberries Medical '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 Blueberries Medical'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 Blueberries Medical.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Blueberries Medical on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Blueberries Medical Corp or generate 0.0% return on investment in Blueberries Medical over 30 days. Blueberries Medical Corp. engages in the growth, cultivation, development, production, and supply of medicinal cannabis ... More
Blueberries Medical 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 Blueberries Medical'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 Blueberries Medical Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.03 | |||
| Information Ratio | 0.0333 | |||
| Maximum Drawdown | 65.56 | |||
| Value At Risk | (17.33) | |||
| Potential Upside | 20.97 |
Blueberries Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blueberries Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blueberries Medical's standard deviation. In reality, there are many statistical measures that can use Blueberries Medical historical prices to predict the future Blueberries Medical's volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.68 | |||
| Total Risk Alpha | (1.31) | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | (0.35) |
Blueberries Medical Corp Backtested Returns
Blueberries Medical appears to be out of control, given 3 months investment horizon. Blueberries Medical Corp secures Sharpe Ratio (or Efficiency) of 0.0779, which signifies that the company had a 0.0779% return per unit of risk over the last 3 months. By analyzing Blueberries Medical's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Blueberries Medical's Downside Deviation of 12.03, risk adjusted performance of 0.0435, and Mean Deviation of 7.52 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blueberries Medical holds a performance score of 6. The firm shows a Beta (market volatility) of -1.44, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Blueberries Medical are expected to decrease by larger amounts. On the other hand, during market turmoil, Blueberries Medical is expected to outperform it. Please check Blueberries Medical's maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether Blueberries Medical's price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
Blueberries Medical Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Blueberries Medical 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 Blueberries Medical Corp price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Blueberries Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blueberries Medical Corp lagged returns against current returns
Autocorrelation, which is Blueberries Medical 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 Blueberries Medical's otc stock expected returns. We can calculate the autocorrelation of Blueberries Medical returns to help us make a trade decision. For example, suppose you find that Blueberries Medical 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 |
Blueberries Medical 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 Blueberries Medical otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blueberries Medical otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blueberries Medical otc stock over time.
Current vs Lagged Prices |
| Timeline |
Blueberries Medical Lagged Returns
When evaluating Blueberries Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blueberries Medical otc stock have on its future price. Blueberries Medical 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, Blueberries Medical autocorrelation shows the relationship between Blueberries Medical otc stock current value and its past values and can show if there is a momentum factor associated with investing in Blueberries Medical Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blueberries OTC Stock
Blueberries Medical financial ratios help investors to determine whether Blueberries 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 Blueberries with respect to the benefits of owning Blueberries Medical security.