Blockmate Ventures Stock Market Value
| MATE Stock | 0.09 0.01 12.50% |
| Symbol | Blockmate |
Blockmate Ventures '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 Blockmate Ventures' 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 Blockmate Ventures.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Blockmate Ventures on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Blockmate Ventures or generate 0.0% return on investment in Blockmate Ventures over 60 days. Blockmate Ventures is related to or competes with Telus Corp, Toronto Dominion, Manulife Financial, Canadian Natural, TC Energy, Athabasca Oil, and Bank of Nova Scotia. Blockmate Ventures is entity of Canada. It is traded as Stock on V exchange. More
Blockmate Ventures 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 Blockmate Ventures' 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 Blockmate Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.97 | |||
| Information Ratio | 0.1453 | |||
| Maximum Drawdown | 88.89 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 46.67 |
Blockmate Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blockmate Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blockmate Ventures' standard deviation. In reality, there are many statistical measures that can use Blockmate Ventures historical prices to predict the future Blockmate Ventures' volatility.| Risk Adjusted Performance | 0.1271 | |||
| Jensen Alpha | 2.71 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1406 | |||
| Treynor Ratio | (1.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blockmate Ventures' 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.
Blockmate Ventures Backtested Returns
Blockmate Ventures is out of control given 3 months investment horizon. Blockmate Ventures 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 interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.6% are justified by taking the suggested risk. Use Blockmate Ventures Mean Deviation of 8.8, downside deviation of 16.97, and Risk Adjusted Performance of 0.1271 to evaluate company specific risk that cannot be diversified away. Blockmate Ventures holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.7, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Blockmate Ventures are expected to decrease by larger amounts. On the other hand, during market turmoil, Blockmate Ventures is expected to outperform it. Use Blockmate Ventures jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Blockmate Ventures.
Auto-correlation | 0.25 |
Poor predictability
Blockmate Ventures has poor predictability. Overlapping area represents the amount of predictability between Blockmate Ventures time series from 24th of September 2024 to 24th of October 2024 and 24th of October 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 Blockmate Ventures price movement. The serial correlation of 0.25 indicates that over 25.0% of current Blockmate Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blockmate Ventures lagged returns against current returns
Autocorrelation, which is Blockmate Ventures 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 Blockmate Ventures' stock expected returns. We can calculate the autocorrelation of Blockmate Ventures returns to help us make a trade decision. For example, suppose you find that Blockmate Ventures 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 |
Blockmate Ventures 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 Blockmate Ventures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blockmate Ventures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blockmate Ventures stock over time.
Current vs Lagged Prices |
| Timeline |
Blockmate Ventures Lagged Returns
When evaluating Blockmate Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blockmate Ventures stock have on its future price. Blockmate Ventures 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, Blockmate Ventures autocorrelation shows the relationship between Blockmate Ventures stock current value and its past values and can show if there is a momentum factor associated with investing in Blockmate Ventures.
Regressed Prices |
| Timeline |
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Additional Tools for Blockmate Stock Analysis
When running Blockmate Ventures' price analysis, check to measure Blockmate Ventures' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blockmate Ventures is operating at the current time. Most of Blockmate Ventures' value examination focuses on studying past and present price action to predict the probability of Blockmate Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blockmate Ventures' price. Additionally, you may evaluate how the addition of Blockmate Ventures to your portfolios can decrease your overall portfolio volatility.