Cobalt Blue Holdings Stock Market Value
| CBBHF Stock | USD 0.06 0.02 50.00% |
| Symbol | Cobalt |
Cobalt Blue '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 Cobalt Blue'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 Cobalt Blue.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Cobalt Blue on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Cobalt Blue Holdings or generate 0.0% return on investment in Cobalt Blue over 90 days. Cobalt Blue is related to or competes with Aurelia Metals, Centaurus Metals, Ardea Resources, Cantex Mine, NorthIsle Copper, Azimut Exploration, and Troilus Gold. Cobalt Blue Holdings Limited engages in the exploration and evaluation of early-stage cobalt resources in Australia More
Cobalt Blue 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 Cobalt Blue'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 Cobalt Blue Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.41 | |||
| Information Ratio | 0.0623 | |||
| Maximum Drawdown | 56.87 | |||
| Value At Risk | (21.90) | |||
| Potential Upside | 29.06 |
Cobalt Blue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cobalt Blue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cobalt Blue's standard deviation. In reality, there are many statistical measures that can use Cobalt Blue historical prices to predict the future Cobalt Blue's volatility.| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 2.5 | |||
| Sortino Ratio | 0.0498 | |||
| Treynor Ratio | 0.1914 |
Cobalt Blue Holdings Backtested Returns
Cobalt Blue appears to be out of control, given 3 months investment horizon. Cobalt Blue Holdings secures Sharpe Ratio (or Efficiency) of 0.0693, which signifies that the company had a 0.0693 % return per unit of standard deviation over the last 3 months. By analyzing Cobalt Blue's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please makes use of Cobalt Blue's risk adjusted performance of 0.0575, and Mean Deviation of 8.01 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cobalt Blue holds a performance score of 5. The firm shows a Beta (market volatility) of 3.96, 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, Cobalt Blue will likely underperform. Please check Cobalt Blue's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Cobalt Blue's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Cobalt Blue Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Cobalt Blue time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Cobalt Blue Holdings price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Cobalt Blue price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cobalt Blue Holdings lagged returns against current returns
Autocorrelation, which is Cobalt Blue 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 Cobalt Blue's pink sheet expected returns. We can calculate the autocorrelation of Cobalt Blue returns to help us make a trade decision. For example, suppose you find that Cobalt Blue 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 |
Cobalt Blue 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 Cobalt Blue pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cobalt Blue pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cobalt Blue pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cobalt Blue Lagged Returns
When evaluating Cobalt Blue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cobalt Blue pink sheet have on its future price. Cobalt Blue 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, Cobalt Blue autocorrelation shows the relationship between Cobalt Blue pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cobalt Blue Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cobalt Pink Sheet
Cobalt Blue financial ratios help investors to determine whether Cobalt 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 Cobalt with respect to the benefits of owning Cobalt Blue security.