Blue Coast (India) Market Value
| BLUECOAST | 9.98 0.00 0.00% |
| Symbol | Blue |
Blue Coast '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 Coast'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 Coast.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Blue Coast on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Coast Hotels or generate 0.0% return on investment in Blue Coast over 30 days. Blue Coast is related to or competes with MMTC, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, and Tribhovandas Bhimji. Blue Coast is entity of India. It is traded as Stock on NSE exchange. More
Blue Coast 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 Coast'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 Coast Hotels upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0072 | |||
| Maximum Drawdown | 10.03 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 4.92 |
Blue Coast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Coast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Coast's standard deviation. In reality, there are many statistical measures that can use Blue Coast historical prices to predict the future Blue Coast's volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 0.1524 | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blue Coast'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 Coast Hotels Backtested Returns
Blue Coast appears to be not too volatile, given 3 months investment horizon. Blue Coast Hotels secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Blue Coast Hotels, which you can use to evaluate the volatility of the firm. Please makes use of Blue Coast's Standard Deviation of 1.51, risk adjusted performance of 0.0757, and Mean Deviation of 0.5829 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blue Coast holds a performance score of 12. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blue Coast are expected to decrease at a much lower rate. During the bear market, Blue Coast is likely to outperform the market. Please check Blue Coast's jensen alpha, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to make a quick decision on whether Blue Coast's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Blue Coast Hotels has no correlation between past and present. Overlapping area represents the amount of predictability between Blue Coast time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Coast Hotels price movement. The serial correlation of 0.0 indicates that just 0.0% of current Blue Coast price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Coast Hotels lagged returns against current returns
Autocorrelation, which is Blue Coast 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 Coast's stock expected returns. We can calculate the autocorrelation of Blue Coast returns to help us make a trade decision. For example, suppose you find that Blue Coast 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 Coast 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 Coast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Coast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Coast stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Coast Lagged Returns
When evaluating Blue Coast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Coast stock have on its future price. Blue Coast 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 Coast autocorrelation shows the relationship between Blue Coast stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Coast Hotels.
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 Coast 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 Coast security.