Bluesky Digital Assets Stock Analysis

Bluesky OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bluesky Digital Assets recorded a loss per share of 0.1. The entity last dividend was issued on the 12th of May 2020. The firm had 1:12 split on the 12th of May 2020. Bluesky Digital Assets Corp. operates as a digital assets mining company in Canada. The company was formerly known as Gunpowder Capital Corp. and changed its name to Bluesky Digital Assets Corp. in December 2019. Bluesky Digital is traded on OTC Exchange in the United States.The quote for Bluesky Digital Assets is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Bluesky Digital Assets please contact Ben Gelfand at 416 363 3833 or go to https://www.blueskydigitalassets.com.

Bluesky Digital Assets Investment Alerts

Bluesky Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bluesky Digital's market, we take the total number of its shares issued and multiply it by Bluesky Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Bluesky Profitablity

The company has Profit Margin (PM) of (1.75) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.21) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.21.

Technical Drivers

As of the 20th of January, Bluesky Digital shows the Mean Deviation of 19.9, risk adjusted performance of 0.1906, and Downside Deviation of 14.21. Bluesky Digital Assets technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Bluesky Digital Assets, which can be compared to its peers. Please confirm Bluesky Digital Assets variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Bluesky Digital Assets is priced correctly, providing market reflects its regular price of 0.18 per share. As Bluesky Digital Assets appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Bluesky Digital Assets Price Movement Analysis

Bluesky Digital Predictive Daily Indicators

Bluesky Digital Forecast Models

Bluesky Digital's time-series forecasting models are one of many Bluesky Digital's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bluesky Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Bluesky Digital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bluesky shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Bluesky Digital. By using and applying Bluesky OTC Stock analysis, traders can create a robust methodology for identifying Bluesky entry and exit points for their positions.

When running Bluesky Digital's price analysis, check to measure Bluesky Digital's 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 Bluesky Digital is operating at the current time. Most of Bluesky Digital's value examination focuses on studying past and present price action to predict the probability of Bluesky Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluesky Digital's price. Additionally, you may evaluate how the addition of Bluesky Digital to your portfolios can decrease your overall portfolio volatility.