Blue Water Petroleum Stock Market Value
| BWPC Stock | USD 0.23 0.03 15.00% |
| Symbol | Blue |
Blue Water '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 Water'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 Water.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Blue Water on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Blue Water Petroleum or generate 0.0% return on investment in Blue Water over 330 days. Blue Water is related to or competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, Ecopetrol, BP PLC, and Shell PLC. Blue Water Petroleum Corp., an exploration stage company, focuses on the acquisition, exploration, and development of oi... More
Blue Water 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 Water'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 Water Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.93 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 78.33 | |||
| Value At Risk | (19.35) | |||
| Potential Upside | 11.54 |
Blue Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Water's standard deviation. In reality, there are many statistical measures that can use Blue Water historical prices to predict the future Blue Water's volatility.| Risk Adjusted Performance | 0.0154 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (1.65) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2428 |
Blue Water Petroleum Backtested Returns
At this point, Blue Water is out of control. Blue Water Petroleum secures Sharpe Ratio (or Efficiency) of 0.008, which signifies that the company had a 0.008% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Blue Water Petroleum, which you can use to evaluate the volatility of the firm. Please confirm Blue Water's Risk Adjusted Performance of 0.0154, mean deviation of 4.79, and Downside Deviation of 20.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.0886%. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blue Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blue Water is expected to be smaller as well. Blue Water Petroleum right now shows a risk of 11.06%. Please confirm Blue Water Petroleum maximum drawdown and the relationship between the semi variance and price action indicator , to decide if Blue Water Petroleum will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Blue Water Petroleum has below average predictability. Overlapping area represents the amount of predictability between Blue Water time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Water Petroleum price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Blue Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Blue Water Petroleum lagged returns against current returns
Autocorrelation, which is Blue Water 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 Water's pink sheet expected returns. We can calculate the autocorrelation of Blue Water returns to help us make a trade decision. For example, suppose you find that Blue Water 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 Water 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 Water pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Water 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 Water pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blue Water Lagged Returns
When evaluating Blue Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Water pink sheet have on its future price. Blue Water 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 Water autocorrelation shows the relationship between Blue Water pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blue Water Petroleum.
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 Pink Sheet
Blue Water 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 Water security.