Bluesky Digital Assets Stock Today
| BTCWF Stock | USD 0.01 0.0002 1.35% |
Performance0 of 100
| Odds Of DistressLess than 26
|
Bluesky Digital is trading at 0.015 as of the 25th of April 2024. This is a 1.35 percent up since the beginning of the trading day. The stock's lowest day price was 0.015. Bluesky Digital has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Bluesky Digital Assets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
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. The company has 65.59 M outstanding shares. More on Bluesky Digital Assets
Moving against Bluesky OTC Stock
| 0.64 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.63 | SCHW | Charles Schwab Corp Sell-off Trend | PairCorr |
| 0.62 | XOM | Exxon Mobil Corp Earnings Call Tomorrow | PairCorr |
| 0.53 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
Bluesky OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bluesky Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bluesky Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Capital Markets, Financial Services (View all Sectors) |
Bluesky Digital Assets [BTCWF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bluesky Digital's market, we take the total number of its shares issued and multiply it by Bluesky Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bluesky Digital Assets classifies itself under Financial Services sector and is part of Capital Markets industry. The entity has 65.59 M outstanding shares.
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.
Check Bluesky Digital Probability Of Bankruptcy
Ownership AllocationBluesky Digital Assets retains a total of 65.59 Million outstanding shares. Bluesky Digital Assets shows 6.15 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Bluesky Ownership Details
Bluesky Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Bluesky Digital jumping above the current price in 90 days from now is close to 99%. The Bluesky Digital Assets probability density function shows the probability of Bluesky Digital otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Bluesky Digital has a beta of 0.6406 suggesting as returns on the market go up, Bluesky Digital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bluesky Digital Assets will be expected to be much smaller as well. Additionally, bluesky Digital Assets has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Bluesky Digital to move above the current price in 90 days from now is close to 99 (This Bluesky Digital Assets probability density function shows the probability of Bluesky OTC Stock to fall within a particular range of prices over 90 days) .
Bluesky Digital Assets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bluesky Digital market risk premium is the additional return an investor will receive from holding Bluesky Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bluesky Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bluesky Digital's alpha and beta are two of the key measurements used to evaluate Bluesky Digital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.13 | |||
| Standard Deviation | 6.88 | |||
| Variance | 47.37 | |||
| Risk Adjusted Performance | (0.03) |
Bluesky Stock Against Markets
Picking the right benchmark for Bluesky Digital otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bluesky Digital otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bluesky Digital is critical whether you are bullish or bearish towards Bluesky Digital Assets at a given time. Please also check how Bluesky Digital's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Bluesky Digital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Bluesky Digital Corporate Management
Elected by the shareholders, the Bluesky Digital's board of directors comprises two types of representatives: Bluesky Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bluesky. The board's role is to monitor Bluesky Digital's management team and ensure that shareholders' interests are well served. Bluesky Digital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bluesky Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank Kordy | S Director | Profile | |
| CPA CMA | Chief Officer | Profile | |
| Anthony Pearlman | Pres COO | Profile | |
| Donald Shaxon | Head Devel | Profile | |
| Ben Gelfand | CEO Director | Profile |
How to buy Bluesky OTC Stock?
Before investing in Bluesky Digital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bluesky Digital. To buy Bluesky Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bluesky Digital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bluesky Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bluesky Digital Assets stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bluesky Digital Assets stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bluesky Digital Assets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Bluesky Digital Assets?
The danger of trading Bluesky Digital Assets is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bluesky Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bluesky Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bluesky Digital Assets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluesky Digital Assets. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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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