Biolargo Stock Market Value
| BLGO Stock | USD 0.25 0.01 3.85% |
| Symbol | BioLargo |
BioLargo '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 BioLargo'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 BioLargo.
| 02/12/2023 |
| 02/01/2025 |
If you would invest 0.00 in BioLargo on February 12, 2023 and sell it all today you would earn a total of 0.00 from holding BioLargo or generate 0.0% return on investment in BioLargo over 720 days. BioLargo is related to or competes with Piedmont Lithium, Sigma Lithium, Standard Lithium, MP Materials, and Vale SA. BioLargo, Inc. invents, develops, and commercializes various platform technologies More
BioLargo 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 BioLargo'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 BioLargo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.35 | |||
| Information Ratio | 0.0417 | |||
| Maximum Drawdown | 27.95 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 11.11 |
BioLargo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BioLargo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BioLargo's standard deviation. In reality, there are many statistical measures that can use BioLargo historical prices to predict the future BioLargo's volatility.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.3036 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 2.32 |
BioLargo Backtested Returns
BioLargo appears to be out of control, given 3 months investment horizon. BioLargo secures Sharpe Ratio (or Efficiency) of 0.0784, which signifies that the company had a 0.0784 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BioLargo, which you can use to evaluate the volatility of the firm. Please makes use of BioLargo's Downside Deviation of 6.35, mean deviation of 3.42, and Risk Adjusted Performance of 0.0587 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BioLargo holds a performance score of 6. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BioLargo's returns are expected to increase less than the market. However, during the bear market, the loss of holding BioLargo is expected to be smaller as well. Please check BioLargo's treynor ratio and the relationship between the semi variance and period momentum indicator , to make a quick decision on whether BioLargo's price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
BioLargo has good predictability. Overlapping area represents the amount of predictability between BioLargo time series from 12th of February 2023 to 7th of February 2024 and 7th of February 2024 to 1st of February 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 BioLargo price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current BioLargo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BioLargo lagged returns against current returns
Autocorrelation, which is BioLargo 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 BioLargo's otc stock expected returns. We can calculate the autocorrelation of BioLargo returns to help us make a trade decision. For example, suppose you find that BioLargo 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 |
BioLargo 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 BioLargo otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BioLargo otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BioLargo otc stock over time.
Current vs Lagged Prices |
| Timeline |
BioLargo Lagged Returns
When evaluating BioLargo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BioLargo otc stock have on its future price. BioLargo 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, BioLargo autocorrelation shows the relationship between BioLargo otc stock current value and its past values and can show if there is a momentum factor associated with investing in BioLargo.
Regressed Prices |
| Timeline |
Pair Trading with BioLargo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BioLargo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BioLargo will appreciate offsetting losses from the drop in the long position's value.Moving against BioLargo OTC Stock
| 0.71 | PTAIF | PT Astra International | PairCorr |
| 0.68 | CHKEW | CHKEW Old Symbol Change | PairCorr |
| 0.61 | PCTTW | PureCycle Technologies | PairCorr |
| 0.5 | ADVWW | Advantage Solutions | PairCorr |
| 0.46 | VLY | Valley National Bancorp | PairCorr |
The ability to find closely correlated positions to BioLargo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioLargo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BioLargo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BioLargo to buy it.
The correlation of BioLargo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BioLargo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioLargo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BioLargo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BioLargo OTC Stock
BioLargo financial ratios help investors to determine whether BioLargo 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 BioLargo with respect to the benefits of owning BioLargo security.