Blue Coast (India) Market Value
| BLUECOAST | 43.13 0.89 2.02% |
| Symbol | Blue |
Blue Coast '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 Coast'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 Coast.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Blue Coast on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Blue Coast Hotels or generate 0.0% return on investment in Blue Coast over 90 days. Blue Coast is related to or competes with Kaynes Technology, Aarti Drugs, Reliance Communications, Tamilnadu Telecommunicatio, Tata Communications, Pritish Nandy, and R S. Blue Coast is entity of India. It is traded as Stock on NSE exchange. More
Blue Coast 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 Coast'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 Coast Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.7928 | |||
| Maximum Drawdown | 17.7 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 8.17 |
Blue Coast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blue Coast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blue Coast's standard deviation. In reality, there are many statistical measures that can use Blue Coast historical prices to predict the future Blue Coast's volatility.| Risk Adjusted Performance | 0.6909 | |||
| Jensen Alpha | 2.24 | |||
| Total Risk Alpha | 2.53 | |||
| Sortino Ratio | 1.11 | |||
| Treynor Ratio | (4.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blue Coast's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blue Coast Hotels Backtested Returns
Blue Coast is very steady given 3 months investment horizon. Blue Coast Hotels secures Sharpe Ratio (or Efficiency) of 0.76, which signifies that the company had a 0.76 % return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.15% are justified by taking the suggested risk. Use Blue Coast Mean Deviation of 1.86, risk adjusted performance of 0.6909, and Downside Deviation of 2.13 to evaluate company specific risk that cannot be diversified away. Blue Coast holds a performance score of 59 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Blue Coast are expected to decrease at a much lower rate. During the bear market, Blue Coast is likely to outperform the market. Use Blue Coast expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to analyze future returns on Blue Coast.
Auto-correlation | 0.95 |
Excellent predictability
Blue Coast Hotels has excellent predictability. Overlapping area represents the amount of predictability between Blue Coast time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 2025. 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 Coast Hotels price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Blue Coast price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 33.38 |
Blue Coast Hotels lagged returns against current returns
Autocorrelation, which is Blue Coast 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 Coast's stock expected returns. We can calculate the autocorrelation of Blue Coast returns to help us make a trade decision. For example, suppose you find that Blue Coast 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 Coast 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 Coast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blue Coast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blue Coast stock over time.
Current vs Lagged Prices |
| Timeline |
Blue Coast Lagged Returns
When evaluating Blue Coast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blue Coast stock have on its future price. Blue Coast 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 Coast autocorrelation shows the relationship between Blue Coast stock current value and its past values and can show if there is a momentum factor associated with investing in Blue Coast Hotels.
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 Coast 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 Coast security.