Blue Square (Israel) Market Value
| BLSR Stock | ILS 33,800 1,300 4.00% |
| Symbol | Blue |
Blue Square '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 Square'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 Blue Square.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Blue Square on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Square Real or generate 0.0% return on investment in Blue Square over 30 days. Blue Square is related to or competes with Amot Investments, Big Shopping, Alony Hetz, Melisron, and Afi Properties. Blue Square Real Estate Ltd. develops and leases real estate properties in Israel More
Blue Square 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 Square'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 Blue Square Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.1845 | |||
| Maximum Drawdown | 8.7 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 3.64 |
Blue Square Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Square's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Square's standard deviation. In reality, there are many statistical measures that can use Blue Square historical prices to predict the future Blue Square's volatility.| Risk Adjusted Performance | 0.195 | |||
| Jensen Alpha | 0.4986 | |||
| Total Risk Alpha | 0.1843 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | (6.52) |
Blue Square Real Backtested Returns
Blue Square appears to be very steady, given 3 months investment horizon. Blue Square Real secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. By analyzing Blue Square's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Blue Square's Risk Adjusted Performance of 0.195, mean deviation of 1.64, and Downside Deviation of 2.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blue Square holds a performance score of 19. The firm shows a Beta (market volatility) of -0.0751, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blue Square are expected to decrease at a much lower rate. During the bear market, Blue Square is likely to outperform the market. Please check Blue Square's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Blue Square's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Blue Square Real has below average predictability. Overlapping area represents the amount of predictability between Blue Square 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 Blue Square Real price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Blue Square price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 M |
Blue Square Real lagged returns against current returns
Autocorrelation, which is Blue Square 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 Blue Square's stock expected returns. We can calculate the autocorrelation of Blue Square returns to help us make a trade decision. For example, suppose you find that Blue Square 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 |
Blue Square 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 Square stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Square stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Square stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Square Lagged Returns
When evaluating Blue Square's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Square stock have on its future price. Blue Square 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 Square autocorrelation shows the relationship between Blue Square stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Square Real.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Blue Stock
Blue Square financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Square security.