Blue Line Protection Stock Market Value

BLPG Stock  USD 0.06  0  5.16%   
Blue Line's market value is the price at which a share of Blue Line trades on a public exchange. It measures the collective expectations of Blue Line Protection investors about its performance. Blue Line is trading at 0.0551 as of the 22nd of December 2024. This is a 5.16 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0551.
With this module, you can estimate the performance of a buy and hold strategy of Blue Line Protection and determine expected loss or profit from investing in Blue Line over a given investment horizon. Check out Blue Line Correlation, Blue Line Volatility and Blue Line Alpha and Beta module to complement your research on Blue Line.
Symbol

Please note, there is a significant difference between Blue Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Blue Line '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 Blue Line'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 Blue Line.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in Blue Line on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Line Protection or generate 0.0% return on investment in Blue Line over 30 days. Blue Line is related to or competes with Embrace Change, Alpha One, and Global Blockchain. Blue Line Protection Group, Inc. provides armed protection and transportation, banking, compliance, and training service... More

Blue Line 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 Blue Line'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 Blue Line Protection upside and downside potential and time the market with a certain degree of confidence.

Blue Line Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Line's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Line's standard deviation. In reality, there are many statistical measures that can use Blue Line historical prices to predict the future Blue Line's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.069.70
Details
Intrinsic
Valuation
LowRealHigh
0.000.059.69
Details
Naive
Forecast
LowNextHigh
00.069.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.050.060.06
Details

Blue Line Protection Backtested Returns

Blue Line Protection secures Sharpe Ratio (or Efficiency) of -0.0474, which signifies that the company had a -0.0474% return per unit of risk over the last 3 months. Blue Line Protection exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blue Line's Standard Deviation of 9.62, risk adjusted performance of (0.04), and Mean Deviation of 6.47 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0494, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Blue Line are expected to decrease at a much lower rate. During the bear market, Blue Line is likely to outperform the market. At this point, Blue Line Protection has a negative expected return of -0.46%. Please make sure to confirm Blue Line's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Blue Line Protection performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.11  

Insignificant predictability

Blue Line Protection has insignificant predictability. Overlapping area represents the amount of predictability between Blue Line time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Blue Line Protection price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Blue Line price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test0.02
Residual Average0.0
Price Variance0.0

Blue Line Protection lagged returns against current returns

Autocorrelation, which is Blue Line 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 Blue Line's pink sheet expected returns. We can calculate the autocorrelation of Blue Line returns to help us make a trade decision. For example, suppose you find that Blue Line 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  

Blue Line 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 Blue Line pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Line pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Line pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Blue Line Lagged Returns

When evaluating Blue Line's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Line pink sheet have on its future price. Blue Line 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, Blue Line autocorrelation shows the relationship between Blue Line pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blue Line Protection.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Blue Pink Sheet

Blue Line financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Line security.