Block Energy (UK) Market Value
| BLOE Stock | 0.73 0.05 6.41% |
| Symbol | Block |
Block Energy '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 Block Energy's 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 Block Energy.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Block Energy on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Block Energy PLC or generate 0.0% return on investment in Block Energy over 180 days. Block Energy is related to or competes with Bankers Investment, Ecofin Global, Lowland Investment, Kinnevik Investment, Livermore Investments, FC Investment, and United Utilities. Block Energy is entity of United Kingdom More
Block Energy 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 Block Energy's 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 Block Energy PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 18.46 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 2.94 |
Block Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Block Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Block Energy's standard deviation. In reality, there are many statistical measures that can use Block Energy historical prices to predict the future Block Energy's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (1.56) |
Block Energy PLC Backtested Returns
Block Energy PLC secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. Block Energy PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Block Energy's Mean Deviation of 1.77, risk adjusted performance of (0.15), and Standard Deviation of 2.78 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Block Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Block Energy is expected to be smaller as well. At this point, Block Energy PLC has a negative expected return of -0.61%. Please make sure to confirm Block Energy's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Block Energy PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Block Energy PLC has good predictability. Overlapping area represents the amount of predictability between Block Energy time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Block Energy PLC price movement. The serial correlation of 0.78 indicates that around 78.0% of current Block Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Block Energy PLC lagged returns against current returns
Autocorrelation, which is Block Energy 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 Block Energy's stock expected returns. We can calculate the autocorrelation of Block Energy returns to help us make a trade decision. For example, suppose you find that Block Energy 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 |
Block Energy 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 Block Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Block Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Block Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Block Energy Lagged Returns
When evaluating Block Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Block Energy stock have on its future price. Block Energy 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, Block Energy autocorrelation shows the relationship between Block Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Block Energy PLC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Block Stock Analysis
When running Block Energy's price analysis, check to measure Block Energy'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 Block Energy is operating at the current time. Most of Block Energy's value examination focuses on studying past and present price action to predict the probability of Block Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block Energy's price. Additionally, you may evaluate how the addition of Block Energy to your portfolios can decrease your overall portfolio volatility.