Blockchain Industries' market value is the price at which a share of Blockchain Industries trades on a public exchange. It measures the collective expectations of Blockchain Industries investors about its performance. Blockchain Industries is trading at 0.0153 as of the 31st of January 2025. This is a 2.00 percent increase since the beginning of the trading day. The stock's open price was 0.015. With this module, you can estimate the performance of a buy and hold strategy of Blockchain Industries and determine expected loss or profit from investing in Blockchain Industries over a given investment horizon. Check out Blockchain Industries Correlation, Blockchain Industries Volatility and Blockchain Industries Alpha and Beta module to complement your research on Blockchain Industries.
Please note, there is a significant difference between Blockchain Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blockchain Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blockchain Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
02/11/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/31/2025
0.00
If you would invest 0.00 in Blockchain Industries on February 11, 2023 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 720 days. Blockchain Industries is related to or competes with Alpha One, and Xtra Energy. 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.
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.
Blockchain Industries is out of control given 3 months investment horizon. Blockchain Industries secures Sharpe Ratio (or Efficiency) of 0.0841, which signifies that the company had a 0.0841 % return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Blockchain Industries Downside Deviation of 15.68, risk adjusted performance of 0.0807, and Mean Deviation of 9.73 to evaluate company specific risk that cannot be diversified away. Blockchain Industries holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.61, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Blockchain Industries are expected to decrease by larger amounts. On the other hand, during market turmoil, Blockchain Industries is expected to outperform it. Use Blockchain Industries downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to analyze future returns on Blockchain Industries.
Auto-correlation
-0.07
Very weak reverse predictability
Blockchain Industries has very weak reverse predictability. Overlapping area represents the amount of predictability between Blockchain Industries time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 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 Blockchain Industries price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Blockchain Industries price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.07
Spearman Rank Test
0.34
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.
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.