Bluebet Holdings (Australia) Market Value
| BBT Stock | 0.27 0.02 8.00% |
| Symbol | Bluebet |
Bluebet Holdings '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 Bluebet Holdings' 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 Bluebet Holdings.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Bluebet Holdings on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Bluebet Holdings or generate 0.0% return on investment in Bluebet Holdings over 720 days. Bluebet Holdings is related to or competes with Insignia Financial, Bank of Queensland, Qbe Insurance, Bell Financial, BSP Financial, and National Australia. Bluebet Holdings is entity of Australia. It is traded as Stock on AU exchange. More
Bluebet Holdings 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 Bluebet Holdings' 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 Bluebet Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.97 | |||
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 24.07 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 9.09 |
Bluebet Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluebet Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bluebet Holdings' standard deviation. In reality, there are many statistical measures that can use Bluebet Holdings historical prices to predict the future Bluebet Holdings' volatility.| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | 0.5164 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0716 | |||
| Treynor Ratio | (1.88) |
Bluebet Holdings Backtested Returns
Bluebet Holdings appears to be out of control, given 3 months investment horizon. Bluebet Holdings secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Bluebet Holdings' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Bluebet Holdings' Mean Deviation of 3.22, risk adjusted performance of 0.0858, and Downside Deviation of 4.97 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bluebet Holdings holds a performance score of 10. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bluebet Holdings are expected to decrease at a much lower rate. During the bear market, Bluebet Holdings is likely to outperform the market. Please check Bluebet Holdings' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Bluebet Holdings' price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Bluebet Holdings has very weak predictability. Overlapping area represents the amount of predictability between Bluebet Holdings time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Bluebet Holdings price movement. The serial correlation of 0.17 indicates that over 17.0% of current Bluebet Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bluebet Holdings lagged returns against current returns
Autocorrelation, which is Bluebet Holdings 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 Bluebet Holdings' stock expected returns. We can calculate the autocorrelation of Bluebet Holdings returns to help us make a trade decision. For example, suppose you find that Bluebet Holdings 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 |
Bluebet Holdings 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 Bluebet Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bluebet Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bluebet Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Bluebet Holdings Lagged Returns
When evaluating Bluebet Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bluebet Holdings stock have on its future price. Bluebet Holdings 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, Bluebet Holdings autocorrelation shows the relationship between Bluebet Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Bluebet Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bluebet Stock Analysis
When running Bluebet Holdings' price analysis, check to measure Bluebet Holdings' 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 Bluebet Holdings is operating at the current time. Most of Bluebet Holdings' value examination focuses on studying past and present price action to predict the probability of Bluebet Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluebet Holdings' price. Additionally, you may evaluate how the addition of Bluebet Holdings to your portfolios can decrease your overall portfolio volatility.