Blackstar Enterprise Group Stock Market Value
| BEGI Stock | USD 0.0007 0.0007 50.00% |
| Symbol | Blackstar |
Blackstar Enterprise '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 Blackstar Enterprise's pink sheet 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 Blackstar Enterprise.
| 09/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Blackstar Enterprise on September 4, 2024 and sell it all today you would earn a total of 0.00 from holding Blackstar Enterprise Group or generate 0.0% return on investment in Blackstar Enterprise over 90 days. Blackstar Enterprise is related to or competes with Western Asset, Invesco Trust, Logan Ridge, Invesco Advantage, Invesco Municipal, Rand Capital, and Noah Holdings. Blackstar Enterprise Group, Inc., together with its subsidiaries, operates as a merchant banking company that engages in... More
Blackstar Enterprise 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 Blackstar Enterprise's pink sheet 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 Blackstar Enterprise Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 64.46 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 20.0 |
Blackstar Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstar Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstar Enterprise's standard deviation. In reality, there are many statistical measures that can use Blackstar Enterprise historical prices to predict the future Blackstar Enterprise's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.73) | |||
| Treynor Ratio | (0.04) |
Blackstar Enterprise Backtested Returns
Blackstar Enterprise secures Sharpe Ratio (or Efficiency) of -0.0629, which signifies that the company had a -0.0629% return per unit of standard deviation over the last 3 months. Blackstar Enterprise Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackstar Enterprise's risk adjusted performance of 8.0E-4, and Mean Deviation of 7.28 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.12, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackstar Enterprise will likely underperform. At this point, Blackstar Enterprise has a negative expected return of -0.78%. Please make sure to confirm Blackstar Enterprise's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Blackstar Enterprise performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Blackstar Enterprise Group has good predictability. Overlapping area represents the amount of predictability between Blackstar Enterprise time series from 4th of September 2024 to 19th of October 2024 and 19th of October 2024 to 3rd of December 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 Blackstar Enterprise price movement. The serial correlation of 0.7 indicates that around 70.0% of current Blackstar Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackstar Enterprise lagged returns against current returns
Autocorrelation, which is Blackstar Enterprise pink sheet'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 Blackstar Enterprise's pink sheet expected returns. We can calculate the autocorrelation of Blackstar Enterprise returns to help us make a trade decision. For example, suppose you find that Blackstar Enterprise has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Blackstar Enterprise 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 Blackstar Enterprise pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstar Enterprise pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstar Enterprise pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blackstar Enterprise Lagged Returns
When evaluating Blackstar Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstar Enterprise pink sheet have on its future price. Blackstar Enterprise 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, Blackstar Enterprise autocorrelation shows the relationship between Blackstar Enterprise pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blackstar Enterprise Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Blackstar Pink Sheet
Blackstar Enterprise financial ratios help investors to determine whether Blackstar Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackstar with respect to the benefits of owning Blackstar Enterprise security.