Blue Star (UK) Market Value
| BLU Stock | 0.02 0.01 22.22% |
| Symbol | Blue |
Blue Star '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 Star's stock 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 Star.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Blue Star on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Blue Star Capital or generate 0.0% return on investment in Blue Star over 360 days. Blue Star is related to or competes with Catalyst Media, CATLIN GROUP, Tamburi Investment, Magnora ASA, RTW Venture, Secure Property, and Oncimmune Holdings. Blue Star is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Blue Star 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 Star's stock 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 Star Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 52.5 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 12.5 |
Blue Star Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Star's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Star's standard deviation. In reality, there are many statistical measures that can use Blue Star historical prices to predict the future Blue Star's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | 0.1311 | |||
| Total Risk Alpha | (1.12) | |||
| Treynor Ratio | (0.04) |
Blue Star Capital Backtested Returns
At this point, Blue Star is out of control. Blue Star Capital secures Sharpe Ratio (or Efficiency) of 0.0061, which signifies that the company had a 0.0061% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Blue Star Capital, which you can use to evaluate the volatility of the firm. Please confirm Blue Star's Standard Deviation of 7.29, mean deviation of 2.45, and Risk Adjusted Performance of 0.0134 to double-check if the risk estimate we provide is consistent with the expected return of 0.0453%. The firm shows a Beta (market volatility) of -0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Star are expected to decrease at a much lower rate. During the bear market, Blue Star is likely to outperform the market. Blue Star Capital right now shows a risk of 7.4%. Please confirm Blue Star Capital potential upside and the relationship between the accumulation distribution and price action indicator , to decide if Blue Star Capital will be following its price patterns.
Auto-correlation | 0.75 |
Good predictability
Blue Star Capital has good predictability. Overlapping area represents the amount of predictability between Blue Star time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Star Capital price movement. The serial correlation of 0.75 indicates that around 75.0% of current Blue Star price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blue Star Capital lagged returns against current returns
Autocorrelation, which is Blue Star stock'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 Star's stock expected returns. We can calculate the autocorrelation of Blue Star returns to help us make a trade decision. For example, suppose you find that Blue Star has exhibited high autocorrelation historically, and you observe that the stock 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 Star 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 Star stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Star stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Star stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Star Lagged Returns
When evaluating Blue Star's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Star stock have on its future price. Blue Star 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 Star autocorrelation shows the relationship between Blue Star stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Star Capital.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Blue Stock
Blue Star financial ratios help investors to determine whether Blue Stock 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 Star security.