Blockchain Industries Stock Market Value
| BCII Stock | USD 0.02 0 23.08% |
| Symbol | Blockchain |
Blockchain Industries '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 Blockchain Industries' 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 Blockchain Industries.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Blockchain Industries on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Blockchain Industries or generate 0.0% return on investment in Blockchain Industries over 30 days. Blockchain Industries is related to or competes with Green Planet, Azure Holding, and Four Leaf. It focuses on identifying, acquiring, and growing disruptive assets in the blockchain and cryptocurrency sectors More
Blockchain Industries 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 Blockchain Industries' 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 Blockchain Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.11 | |||
| Information Ratio | 0.0108 | |||
| Maximum Drawdown | 68.08 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 23.08 |
Blockchain Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blockchain Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blockchain Industries' standard deviation. In reality, there are many statistical measures that can use Blockchain Industries historical prices to predict the future Blockchain Industries' volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.3935 | |||
| Total Risk Alpha | (1.93) | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | (0.26) |
Blockchain Industries Backtested Returns
Blockchain Industries appears to be out of control, given 3 months investment horizon. Blockchain Industries secures Sharpe Ratio (or Efficiency) of 0.0673, which signifies that the company had a 0.0673% return per unit of risk over the last 3 months. By analyzing Blockchain Industries' technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please makes use of Blockchain Industries' Downside Deviation of 16.11, risk adjusted performance of 0.0243, and Mean Deviation of 10.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blockchain Industries holds a performance score of 5. The firm shows a Beta (market volatility) of -1.04, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Blockchain Industries are expected to decrease slowly. On the other hand, during market turmoil, Blockchain Industries is expected to outperform it slightly. Please check Blockchain Industries' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Blockchain Industries' price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Blockchain Industries has average predictability. Overlapping area represents the amount of predictability between Blockchain Industries time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Blockchain Industries price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Blockchain Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blockchain Industries lagged returns against current returns
Autocorrelation, which is Blockchain Industries 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 Blockchain Industries' pink sheet expected returns. We can calculate the autocorrelation of Blockchain Industries returns to help us make a trade decision. For example, suppose you find that Blockchain Industries 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 |
Blockchain Industries 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 Blockchain Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blockchain Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blockchain Industries pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blockchain Industries Lagged Returns
When evaluating Blockchain Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blockchain Industries pink sheet have on its future price. Blockchain Industries 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, Blockchain Industries autocorrelation shows the relationship between Blockchain Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blockchain Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blockchain Pink Sheet
Blockchain Industries financial ratios help investors to determine whether Blockchain 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 Blockchain with respect to the benefits of owning Blockchain Industries security.