Blackstar Enterprise Group Stock Market Value
| BEGI Stock | USD 0 0.0001 6.67% |
| Symbol | Blackstar |
Blackstar Enterprise '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 Blackstar Enterprise'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 Blackstar Enterprise.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Blackstar Enterprise on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Blackstar Enterprise Group or generate 0.0% return on investment in Blackstar Enterprise over 60 days. Blackstar Enterprise is related to or competes with Pfizer, Heartland Financial, Conflux Network, Citigroup Capital, Johnson Johnson, 2Seventy Bio, and Chevron Corp. Blackstar Enterprise Group, Inc., together with its subsidiaries, operates as a merchant banking company that engages in... More
Blackstar Enterprise 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 Blackstar Enterprise'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 Blackstar Enterprise Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.72 | |||
| Information Ratio | 0.0078 | |||
| Maximum Drawdown | 88.52 | |||
| Value At Risk | (15.79) | |||
| Potential Upside | 11.76 |
Blackstar Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackstar Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackstar Enterprise's standard deviation. In reality, there are many statistical measures that can use Blackstar Enterprise historical prices to predict the future Blackstar Enterprise's volatility.| Risk Adjusted Performance | 0.0175 | |||
| Jensen Alpha | 0.2196 | |||
| Total Risk Alpha | (1.15) | |||
| Sortino Ratio | 0.0102 | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blackstar Enterprise'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.
Blackstar Enterprise Backtested Returns
We consider Blackstar Enterprise out of control. Blackstar Enterprise secures Sharpe Ratio (or Efficiency) of 0.0073, which signifies that the company had a 0.0073% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackstar Enterprise Group, which you can use to evaluate the volatility of the firm. Please confirm Blackstar Enterprise's mean deviation of 8.35, and Risk Adjusted Performance of 0.0175 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The firm shows a Beta (market volatility) of -0.89, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Blackstar Enterprise are expected to decrease slowly. On the other hand, during market turmoil, Blackstar Enterprise is expected to outperform it slightly. Blackstar Enterprise right now shows a risk of 14.15%. Please confirm Blackstar Enterprise sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Blackstar Enterprise will be following its price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Blackstar Enterprise Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Blackstar Enterprise time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 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 Blackstar Enterprise price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Blackstar Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackstar Enterprise lagged returns against current returns
Autocorrelation, which is Blackstar Enterprise 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 Blackstar Enterprise's pink sheet expected returns. We can calculate the autocorrelation of Blackstar Enterprise returns to help us make a trade decision. For example, suppose you find that Blackstar Enterprise 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 |
Blackstar Enterprise 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 Blackstar Enterprise pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackstar Enterprise pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackstar Enterprise pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Blackstar Enterprise Lagged Returns
When evaluating Blackstar Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackstar Enterprise pink sheet have on its future price. Blackstar Enterprise 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, Blackstar Enterprise autocorrelation shows the relationship between Blackstar Enterprise pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Blackstar Enterprise Group.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Blackstar Enterprise in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Blackstar Enterprise's short interest history, or implied volatility extrapolated from Blackstar Enterprise options trading.
Pair Trading with Blackstar Enterprise
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackstar Enterprise position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackstar Enterprise will appreciate offsetting losses from the drop in the long position's value.Moving against Blackstar Pink Sheet
| 0.73 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.72 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.72 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.64 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.63 | GE | GE Aerospace Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Blackstar Enterprise could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackstar Enterprise when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackstar Enterprise - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackstar Enterprise Group to buy it.
The correlation of Blackstar Enterprise is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackstar Enterprise moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstar Enterprise moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackstar Enterprise can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blackstar Enterprise Correlation, Blackstar Enterprise Volatility and Blackstar Enterprise Alpha and Beta module to complement your research on Blackstar Enterprise. Note that the Blackstar Enterprise information on this page should be used as a complementary analysis to other Blackstar Enterprise's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Blackstar Pink Sheet analysis
When running Blackstar Enterprise's price analysis, check to measure Blackstar Enterprise'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 Blackstar Enterprise is operating at the current time. Most of Blackstar Enterprise's value examination focuses on studying past and present price action to predict the probability of Blackstar Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstar Enterprise's price. Additionally, you may evaluate how the addition of Blackstar Enterprise to your portfolios can decrease your overall portfolio volatility.
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Blackstar Enterprise technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.