Cryptoblox Technologies' market value is the price at which a share of Cryptoblox Technologies trades on a public exchange. It measures the collective expectations of Cryptoblox Technologies investors about its performance. Cryptoblox Technologies is trading at 0.0982 as of the 18th of January 2025. This is a 1.8 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0895. With this module, you can estimate the performance of a buy and hold strategy of Cryptoblox Technologies and determine expected loss or profit from investing in Cryptoblox Technologies over a given investment horizon. Check out Cryptoblox Technologies Correlation, Cryptoblox Technologies Volatility and Cryptoblox Technologies Alpha and Beta module to complement your research on Cryptoblox Technologies.
Please note, there is a significant difference between Cryptoblox Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cryptoblox Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cryptoblox Technologies' 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.
Cryptoblox Technologies '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 Cryptoblox Technologies' 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 Cryptoblox Technologies.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Cryptoblox Technologies on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Cryptoblox Technologies or generate 0.0% return on investment in Cryptoblox Technologies over 30 days. Cryptoblox Technologies is related to or competes with BASE, Computer Modelling, Blackline Safety, Agent Information, RenoWorks Software, 01 Communique, and LifeSpeak. Cryptoblox Technologies Inc. develops blockchain technology for use in battery solutions, applications, and cryptocurren... More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cryptoblox Technologies' 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 Cryptoblox Technologies upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cryptoblox Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cryptoblox Technologies' standard deviation. In reality, there are many statistical measures that can use Cryptoblox Technologies historical prices to predict the future Cryptoblox Technologies' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cryptoblox Technologies. Your research has to be compared to or analyzed against Cryptoblox Technologies' peers to derive any actionable benefits. When done correctly, Cryptoblox Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cryptoblox Technologies.
Cryptoblox Technologies Backtested Returns
Cryptoblox Technologies is out of control given 3 months investment horizon. Cryptoblox Technologies secures Sharpe Ratio (or Efficiency) of 0.0979, which signifies that the company had a 0.0979% return per unit of risk over the last 3 months. We have analyzed twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use Cryptoblox Technologies Risk Adjusted Performance of 0.0877, downside deviation of 9.07, and Mean Deviation of 8.09 to evaluate company specific risk that cannot be diversified away. Cryptoblox Technologies holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.03, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Cryptoblox Technologies are expected to decrease slowly. On the other hand, during market turmoil, Cryptoblox Technologies is expected to outperform it slightly. Use Cryptoblox Technologies value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Cryptoblox Technologies.
Auto-correlation
0.28
Poor predictability
Cryptoblox Technologies has poor predictability. Overlapping area represents the amount of predictability between Cryptoblox Technologies time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Cryptoblox Technologies price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Cryptoblox Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
0.28
Spearman Rank Test
-0.85
Residual Average
0.0
Price Variance
0.0
Cryptoblox Technologies lagged returns against current returns
Autocorrelation, which is Cryptoblox Technologies 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 Cryptoblox Technologies' pink sheet expected returns. We can calculate the autocorrelation of Cryptoblox Technologies returns to help us make a trade decision. For example, suppose you find that Cryptoblox Technologies 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
Cryptoblox Technologies 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 Cryptoblox Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cryptoblox Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cryptoblox Technologies pink sheet over time.
Current vs Lagged Prices
Timeline
Cryptoblox Technologies Lagged Returns
When evaluating Cryptoblox Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cryptoblox Technologies pink sheet have on its future price. Cryptoblox Technologies 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, Cryptoblox Technologies autocorrelation shows the relationship between Cryptoblox Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cryptoblox Technologies.
Other Information on Investing in Cryptoblox Pink Sheet
Cryptoblox Technologies financial ratios help investors to determine whether Cryptoblox 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 Cryptoblox with respect to the benefits of owning Cryptoblox Technologies security.