Blue Sky (Germany) Market Value
| MAL2 Stock | EUR 0.05 0 2.35% |
| Symbol | Blue |
Blue Sky '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 Sky'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 Sky.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Blue Sky on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Blue Sky Uranium or generate 0.0% return on investment in Blue Sky over 30 days. Blue Sky is related to or competes with FAST RETAIL, Retail Estates, United Natural, US Foods, National Retail, and Ebro Foods. Blue Sky Uranium Corp., a junior uranium exploration company, engages in acquiring, exploring, and evaluating natural re... More
Blue Sky 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 Sky'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 Sky Uranium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.99 | |||
| Information Ratio | 0.1124 | |||
| Maximum Drawdown | 79.87 | |||
| Value At Risk | (19.35) | |||
| Potential Upside | 34.78 |
Blue Sky Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Sky's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Sky's standard deviation. In reality, there are many statistical measures that can use Blue Sky historical prices to predict the future Blue Sky's volatility.| Risk Adjusted Performance | 0.0917 | |||
| Jensen Alpha | 1.7 | |||
| Total Risk Alpha | 2.24 | |||
| Sortino Ratio | 0.1362 | |||
| Treynor Ratio | (0.79) |
Blue Sky Uranium Backtested Returns
Blue Sky is out of control given 3 months investment horizon. Blue Sky Uranium secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.14% are justified by taking the suggested risk. Use Blue Sky Downside Deviation of 12.99, risk adjusted performance of 0.0917, and Mean Deviation of 10.9 to evaluate company specific risk that cannot be diversified away. Blue Sky holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.2, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Blue Sky are expected to decrease by larger amounts. On the other hand, during market turmoil, Blue Sky is expected to outperform it. Use Blue Sky treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on Blue Sky.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Blue Sky Uranium has insignificant reverse predictability. Overlapping area represents the amount of predictability between Blue Sky time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 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 Sky Uranium price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Blue Sky price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Sky Uranium lagged returns against current returns
Autocorrelation, which is Blue Sky 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 Sky's stock expected returns. We can calculate the autocorrelation of Blue Sky returns to help us make a trade decision. For example, suppose you find that Blue Sky 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 Sky 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 Sky stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Sky stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Sky stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Sky Lagged Returns
When evaluating Blue Sky's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Sky stock have on its future price. Blue Sky 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 Sky autocorrelation shows the relationship between Blue Sky stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Sky Uranium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blue Stock
Blue Sky 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 Sky security.