Blue Sphere Corp Stock Volatility
| BLSP Stock | USD 0.0001 0.00 0.00% |
Blue Sphere is out of control given 3 months investment horizon. Blue Sphere Corp secures Sharpe Ratio (or Efficiency) of 0.37, which signifies that the company had a 0.37% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-seven different technical indicators, which can help you to evaluate if expected returns of 135.26% are justified by taking the suggested risk. Use Blue Sphere Downside Deviation of 77.08, risk adjusted performance of 0.2997, and Mean Deviation of 256.19 to evaluate company specific risk that cannot be diversified away. Key indicators related to Blue Sphere's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Blue Sphere Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Blue daily returns, and it is calculated using variance and standard deviation. We also use Blue's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Blue Sphere volatility.
Blue |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Blue Sphere can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Blue Sphere at lower prices. For example, an investor can purchase Blue stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Blue Sphere's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving against Blue Stock
| 0.49 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.43 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.37 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.37 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.32 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Blue Sphere Market Sensitivity And Downside Risk
Blue Sphere's beta coefficient measures the volatility of Blue stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Blue stock's returns against your selected market. In other words, Blue Sphere's beta of -10.64 provides an investor with an approximation of how much risk Blue Sphere stock can potentially add to one of your existing portfolios. Blue Sphere Corp is showing large volatility of returns over the selected time horizon. Blue Sphere Corp appears to be a penny stock. Although Blue Sphere Corp may be, in fact, a solid short-term or long term investment, many penny stocks are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Blue Sphere Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Blue instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Blue Sphere Corp Demand TrendCheck current 90 days Blue Sphere correlation with market (Dow Jones Industrial)Blue Beta |
Blue standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 360.92 |
It is essential to understand the difference between upside risk (as represented by Blue Sphere's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Blue Sphere's daily returns or price. Since the actual investment returns on holding a position in blue stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Blue Sphere.
Blue Sphere Corp Stock Volatility Analysis
Volatility refers to the frequency at which Blue Sphere stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Blue Sphere's price changes. Investors will then calculate the volatility of Blue Sphere's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Blue Sphere's volatility:
Historical Volatility
This type of stock volatility measures Blue Sphere's fluctuations based on previous trends. It's commonly used to predict Blue Sphere's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Blue Sphere's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Blue Sphere's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Blue Sphere Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Blue Sphere Projected Return Density Against Market
Given the investment horizon of 90 days Blue Sphere Corp has a beta of -10.6421 suggesting as returns on its benchmark rise, returns on holding Blue Sphere Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Blue Sphere is expected to outperform its benchmark.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Blue Sphere or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Blue Sphere's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Blue stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Blue Sphere Corp has an alpha of 139.8244, implying that it can generate a 139.82 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Blue Sphere Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Blue Sphere Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Blue Sphere is 266.82. The daily returns are distributed with a variance of 130262.29 and standard deviation of 360.92. The mean deviation of Blue Sphere Corp is currently at 249.12. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 139.82 | |
β | Beta against Dow Jones | -10.64 | |
σ | Overall volatility | 360.92 | |
Ir | Information ratio | 0.38 |
Blue Sphere Stock Return Volatility
Blue Sphere historical daily return volatility represents how much of Blue Sphere stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise inherits 360.9187% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7496% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Blue Sphere Volatility
Volatility is a rate at which the price of Blue Sphere or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Blue Sphere may increase or decrease. In other words, similar to Blue's beta indicator, it measures the risk of Blue Sphere and helps estimate the fluctuations that may happen in a short period of time. So if prices of Blue Sphere fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Blue Sphere Corporation operates as a developer and independent power producer in the clean energy production and waste to energy markets. Blue Sphere Corporation was founded in 2007 and is based in Charlotte, North Carolina. BLUE SPHERE is traded on OTC Exchange in the United States.
Blue Sphere's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Blue Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Blue Sphere's price varies over time.
3 ways to utilize Blue Sphere's volatility to invest better
Higher Blue Sphere's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Blue Sphere Corp stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Blue Sphere Corp stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Blue Sphere Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Blue Sphere's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Blue Sphere's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Blue Sphere Investment Opportunity
Blue Sphere Corp has a volatility of 360.92 and is 481.23 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Blue Sphere. You can use Blue Sphere Corp to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Blue Sphere to be traded at $1.0E-4 in 90 days.Good diversification
The correlation between Blue Sphere Corp and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blue Sphere Corp and DJI in the same portfolio, assuming nothing else is changed.
Blue Sphere Additional Risk Indicators
The analysis of Blue Sphere's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Blue Sphere's investment and either accepting that risk or mitigating it. Along with some common measures of Blue Sphere stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.2997 | |||
| Market Risk Adjusted Performance | (13.01) | |||
| Mean Deviation | 256.19 | |||
| Semi Deviation | 61.04 | |||
| Downside Deviation | 77.08 | |||
| Coefficient Of Variation | 264.45 | |||
| Standard Deviation | 366.55 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Blue Sphere Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Blue Sphere as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Blue Sphere's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Blue Sphere's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Blue Sphere Corp.
Additional Tools for Blue Stock Analysis
When running Blue Sphere's price analysis, check to measure Blue Sphere'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 Blue Sphere is operating at the current time. Most of Blue Sphere's value examination focuses on studying past and present price action to predict the probability of Blue Sphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Sphere's price. Additionally, you may evaluate how the addition of Blue Sphere to your portfolios can decrease your overall portfolio volatility.