Blue Lagoon Resources Stock Price on November 22, 2024
| BLAGF Stock | USD 0.10 0 1.01% |
If you're considering investing in Blue OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Blue Lagoon stands at 0.10, as last reported on the 12th of December 2024, with the highest price reaching 0.10 and the lowest price hitting 0.10 during the day. Blue Lagoon appears to be out of control, given 3 months investment horizon. Blue Lagoon Resources secures Sharpe Ratio (or Efficiency) of 0.0547, which signifies that the company had a 0.0547% return per unit of risk over the last 3 months. By analyzing Blue Lagoon's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Blue Lagoon's Mean Deviation of 6.8, risk adjusted performance of 0.041, and Downside Deviation of 8.57 to double-check if our risk estimates are consistent with your expectations.
Blue OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Blue |
Sharpe Ratio = 0.0547
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Estimated Market Risk
| 9.28 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Blue Lagoon is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blue Lagoon by adding it to a well-diversified portfolio.
Blue Lagoon Valuation on November 22, 2024
It is possible to determine the worth of Blue Lagoon on a given historical date. On November 22, 2024 Blue was worth 0.1 at the beginning of the trading date compared to the closed value of 0.096. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blue Lagoon otc stock. Still, in general, we apply an absolute valuation method to find Blue Lagoon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blue Lagoon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blue Lagoon's related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.10 | 0.08 | 0.10 | 371,400 | |
11/22/2024 | 0.10 | 0.11 | 0.1 | 0.1 | 219,300 |
| 0.08 | 0.09 | 0.08 | 0.09 | 19,700 |
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Blue Lagoon Trading Date Momentum on November 22, 2024
| On November 25 2024 Blue Lagoon Resources was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.08 . The daily volume was 19.7 K. The net trading volume on 11/25/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.21% . The overall trading delta to current closing price is 14.58% . |
Blue Lagoon Resources Fundamentals Correlations and Trends
By evaluating Blue Lagoon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blue Lagoon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blue Lagoon OTC Stock history
Blue Lagoon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blue Lagoon Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blue Lagoon stock prices may prove useful in developing a viable investing in Blue Lagoon
Blue Lagoon Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Blue Lagoon Resources Inc. was incorporated in 2017 and is based in Vancouver, Canada. Blue Lagoon operates under Gold classification in the United States and is traded on OTC Exchange.
Blue Lagoon OTC Stock Technical Analysis
Blue Lagoon technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Blue Lagoon Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Blue Lagoon Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Blue Lagoon December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Blue Lagoon otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Lagoon shares will generate the highest return on investment. By undertsting and applying Blue Lagoon otc stock market strength indicators, traders can identify Blue Lagoon Resources entry and exit signals to maximize returns
Blue Lagoon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blue Lagoon's price direction in advance. Along with the technical and fundamental analysis of Blue OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.5303 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | (0.34) |
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| Volume Indicators |
Complementary Tools for Blue OTC Stock analysis
When running Blue Lagoon's price analysis, check to measure Blue Lagoon'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 Lagoon is operating at the current time. Most of Blue Lagoon's value examination focuses on studying past and present price action to predict the probability of Blue Lagoon'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 Lagoon's price. Additionally, you may evaluate how the addition of Blue Lagoon to your portfolios can decrease your overall portfolio volatility.
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