Bluesky Digital Assets Stock Performance
| BTCWF Stock | USD 0.13 0.01 7.14% |
The firm shows a Beta (market volatility) of 0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bluesky Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bluesky Digital is expected to be smaller as well. At this point, Bluesky Digital Assets has a negative expected return of -0.55%. Please make sure to confirm Bluesky Digital's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Bluesky Digital Assets performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bluesky Digital Assets has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 1.1 M |
Bluesky |
Bluesky Digital Relative Risk vs. Return Landscape
If you would invest 28.00 in Bluesky Digital Assets on December 24, 2024 and sell it today you would lose (15.00) from holding Bluesky Digital Assets or give up 53.57% of portfolio value over 90 days. Bluesky Digital Assets is currently producing negative expected returns and takes up 12.3463% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Bluesky, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bluesky Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluesky Digital's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Bluesky Digital Assets, and traders can use it to determine the average amount a Bluesky Digital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0445
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTCWF |
Estimated Market Risk
| 12.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bluesky Digital is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bluesky Digital by adding Bluesky Digital to a well-diversified portfolio.
Bluesky Digital Fundamentals Growth
Bluesky OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Bluesky Digital, and Bluesky Digital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bluesky OTC Stock performance.
| Return On Equity | -0.74 | |||
| Return On Asset | -0.5 | |||
| Profit Margin | (1.75) % | |||
| Operating Margin | (2.21) % | |||
| Current Valuation | 1.67 M | |||
| Shares Outstanding | 65.59 M | |||
| Price To Book | 0.40 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 3.73 M | |||
| EBITDA | (4.96 M) | |||
| Cash And Equivalents | 649.33 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 70 K | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (1.94 M) | |||
| Earnings Per Share | (0.10) X | |||
| Total Asset | 8.72 M | |||
About Bluesky Digital Performance
By analyzing Bluesky Digital's fundamental ratios, stakeholders can gain valuable insights into Bluesky Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bluesky Digital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bluesky Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bluesky Digital Assets Corp. operates as a digital assets mining company in Canada. The company was formerly known as Gunpowder Capital Corp. and changed its name to Bluesky Digital Assets Corp. in December 2019. Bluesky Digital is traded on OTC Exchange in the United States.Things to note about Bluesky Digital Assets performance evaluation
Checking the ongoing alerts about Bluesky Digital for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Bluesky Digital Assets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bluesky Digital generated a negative expected return over the last 90 days | |
| Bluesky Digital has high historical volatility and very poor performance | |
| Bluesky Digital has some characteristics of a very speculative penny stock | |
| Bluesky Digital Assets has accumulated 70 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Bluesky Digital Assets has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bluesky Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Bluesky Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bluesky Digital Assets sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bluesky to invest in growth at high rates of return. When we think about Bluesky Digital's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.73 M. Net Loss for the year was (6.31 M) with profit before overhead, payroll, taxes, and interest of 103.87 K. | |
| Bluesky Digital Assets has accumulated about 649.33 K in cash with (1.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Bluesky Digital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bluesky Digital's stock is overvalued or undervalued compared to its peers.
- Examining Bluesky Digital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bluesky Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bluesky Digital's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Bluesky Digital's otc stock. These opinions can provide insight into Bluesky Digital's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bluesky OTC Stock analysis
When running Bluesky Digital's price analysis, check to measure Bluesky Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bluesky Digital is operating at the current time. Most of Bluesky Digital's value examination focuses on studying past and present price action to predict the probability of Bluesky Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluesky Digital's price. Additionally, you may evaluate how the addition of Bluesky Digital to your portfolios can decrease your overall portfolio volatility.
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