Blue Ocean Acquisition Price on April 17, 2024
BOCNUDelisted Stock | USD 11.26 0.00 0.00% |
If you're considering investing in Blue Stock, it is important to understand the factors that can impact its price. As of today, the current price of Blue Ocean stands at 11.26, as last reported on the 9th of January, with the highest price reaching 11.26 and the lowest price hitting 11.26 during the day. Blue Ocean Acquisition secures Sharpe Ratio (or Efficiency) of -0.0022, which signifies that the company had a -0.0022% return per unit of risk over the last 3 months. Blue Ocean Acquisition exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blue Ocean's Standard Deviation of 3.33, mean deviation of 1.01, and Risk Adjusted Performance of 0.0031 to double-check the risk estimate we provide.
Blue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Blue |
Sharpe Ratio = -0.0022
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Estimated Market Risk
4.24 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Blue Ocean is not performing at its full potential. However, 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 Ocean by adding Blue Ocean to a well-diversified portfolio.
Blue Ocean Valuation on April 17, 2024
It is possible to determine the worth of Blue Ocean on a given historical date. On April 17, 2024 Blue was worth 10.85 at the beginning of the trading date compared to the closed value of 10.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blue Ocean stock. Still, in general, we apply an absolute valuation method to find Blue Ocean'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 Ocean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blue Ocean's related companies.
Open | High | Low | Close | Volume | |
10.85 | 10.85 | 10.85 | 10.85 | 1.00 | |
04/17/2024 | 10.85 | 10.85 | 10.85 | 10.85 | 1.00 |
10.85 | 10.85 | 10.85 | 10.85 | 1.00 |
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Blue Ocean Trading Date Momentum on April 17, 2024
On April 18 2024 Blue Ocean Acquisition was traded for 10.85 at the closing time. The highest daily price throughout the period was 10.85 and the lowest price was 10.85 . There was no trading activity during the period 1.0. Lack of trading volume on 04/18/2024 did not affect price variability. The overall trading delta to current closing price is 3.69% . |
Blue Ocean Acquisition Fundamentals Correlations and Trends
By evaluating Blue Ocean'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 Ocean'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 Ocean Stock history
Blue Ocean 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 Ocean Acquisition 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 Ocean stock prices may prove useful in developing a viable investing in Blue Ocean
Blue Ocean Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Chevy Chase, Maryland. Blue Ocean operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Blue Ocean Stock Technical Analysis
Blue Ocean technical 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Blue Ocean Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Blue Ocean Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Ocean January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Blue Ocean 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 Ocean shares will generate the highest return on investment. By undertsting and applying Blue Ocean stock market strength indicators, traders can identify Blue Ocean Acquisition entry and exit signals to maximize returns
Blue Ocean Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blue Ocean's price direction in advance. Along with the technical and fundamental analysis of Blue 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 | 0.0031 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.47) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Blue Stock
If you are still planning to invest in Blue Ocean Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blue Ocean's history and understand the potential risks before investing.
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