Blue Diamond Ventures Stock Market Value
| BLDV Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Blue |
Blue Diamond '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 Blue Diamond'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 Blue Diamond.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Blue Diamond on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Blue Diamond Ventures or generate 0.0% return on investment in Blue Diamond over 720 days. Blue Diamond is related to or competes with TransUnion. Blue Diamond Ventures, Inc. focuses on opportunities in various industries related to agriculture, renewable energies, a... More
Blue Diamond 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 Blue Diamond'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 Blue Diamond Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 53.45 | |||
| Information Ratio | 0.1842 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Blue Diamond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Diamond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Diamond's standard deviation. In reality, there are many statistical measures that can use Blue Diamond historical prices to predict the future Blue Diamond's volatility.| Risk Adjusted Performance | 0.153 | |||
| Jensen Alpha | 7.63 | |||
| Total Risk Alpha | 1.29 | |||
| Sortino Ratio | 0.1393 | |||
| Treynor Ratio | (13.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blue Diamond'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.
Blue Diamond Ventures Backtested Returns
Blue Diamond is out of control given 3 months investment horizon. Blue Diamond Ventures secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.56% are justified by taking the suggested risk. Use Blue Diamond Mean Deviation of 25.21, risk adjusted performance of 0.153, and Downside Deviation of 53.45 to evaluate company specific risk that cannot be diversified away. Blue Diamond holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Diamond are expected to decrease at a much lower rate. During the bear market, Blue Diamond is likely to outperform the market. Use Blue Diamond value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Blue Diamond.
Auto-correlation | 0.21 |
Weak predictability
Blue Diamond Ventures has weak predictability. Overlapping area represents the amount of predictability between Blue Diamond time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Blue Diamond Ventures price movement. The serial correlation of 0.21 indicates that over 21.0% of current Blue Diamond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Diamond Ventures lagged returns against current returns
Autocorrelation, which is Blue Diamond 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 Blue Diamond's pink sheet expected returns. We can calculate the autocorrelation of Blue Diamond returns to help us make a trade decision. For example, suppose you find that Blue Diamond 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 |
Blue Diamond 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 Blue Diamond pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Diamond pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Diamond pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blue Diamond Lagged Returns
When evaluating Blue Diamond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Diamond pink sheet have on its future price. Blue Diamond 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, Blue Diamond autocorrelation shows the relationship between Blue Diamond pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blue Diamond Ventures.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Blue Pink Sheet Analysis
When running Blue Diamond's price analysis, check to measure Blue Diamond's 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 Blue Diamond is operating at the current time. Most of Blue Diamond's value examination focuses on studying past and present price action to predict the probability of Blue Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Diamond's price. Additionally, you may evaluate how the addition of Blue Diamond to your portfolios can decrease your overall portfolio volatility.