Blue Star Helium Stock Market Value
| BSNLF Stock | USD 0.01 0 16.67% |
| Symbol | Blue |
Blue Star '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 Star'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 Star.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Blue Star on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Star Helium or generate 0.0% return on investment in Blue Star over 150 days. Blue Star is related to or competes with Pieridae Energy, Ngx Energy, Barrister Energy, Altura Energy, and Arrow Exploration. Blue Star Helium Limited operates as an independent helium exploration and production company in Australia More
Blue Star 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 Star'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 Star Helium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.135 | |||
| Maximum Drawdown | 5049.02 | |||
| Value At Risk | (49.02) | |||
| Potential Upside | 33.33 |
Blue Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Star's standard deviation. In reality, there are many statistical measures that can use Blue Star historical prices to predict the future Blue Star's volatility.| Risk Adjusted Performance | 0.1229 | |||
| Jensen Alpha | 76.2 | |||
| Total Risk Alpha | 17.07 | |||
| Treynor Ratio | 0.9753 |
Blue Star Helium Backtested Returns
Blue Star is out of control given 3 months investment horizon. Blue Star Helium 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 were able to break down and interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 25.31% are justified by taking the suggested risk. Use Blue Star Standard Deviation of 621.08, mean deviation of 168.27, and Risk Adjusted Performance of 0.1229 to evaluate company specific risk that cannot be diversified away. Blue Star holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 86.06, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blue Star will likely underperform. Use Blue Star jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Blue Star.
Auto-correlation | 0.28 |
Poor predictability
Blue Star Helium has poor predictability. Overlapping area represents the amount of predictability between Blue Star time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 Blue Star Helium price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Blue Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Star Helium lagged returns against current returns
Autocorrelation, which is Blue Star 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 Star's pink sheet expected returns. We can calculate the autocorrelation of Blue Star returns to help us make a trade decision. For example, suppose you find that Blue Star 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 Star 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 Star pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Star 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 Star pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blue Star Lagged Returns
When evaluating Blue Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Star pink sheet have on its future price. Blue Star 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 Star autocorrelation shows the relationship between Blue Star pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blue Star Helium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blue Pink Sheet
Blue Star financial ratios help investors to determine whether Blue Pink Sheet 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 Star security.