Blockquarry Corp Stock Market Value
| BLQC Stock | USD 0.05 0 6.12% |
| Symbol | BlockQuarry |
BlockQuarry Corp '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 BlockQuarry Corp'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 BlockQuarry Corp.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in BlockQuarry Corp on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding BlockQuarry Corp or generate 0.0% return on investment in BlockQuarry Corp over 30 days. BlockQuarry Corp is related to or competes with Cipher Mining, Terawulf, Iris Energy, Stronghold Digital, Argo Blockchain, and Bitfarms. BlockQuarry Corp. provides mining and hosting services in the digital currency space in North America More
BlockQuarry Corp 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 BlockQuarry Corp'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 BlockQuarry Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.93 | |||
| Information Ratio | 0.0246 | |||
| Maximum Drawdown | 50.86 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 20.97 |
BlockQuarry Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BlockQuarry Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BlockQuarry Corp's standard deviation. In reality, there are many statistical measures that can use BlockQuarry Corp historical prices to predict the future BlockQuarry Corp's volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | (1.20) | |||
| Sortino Ratio | 0.0269 | |||
| Treynor Ratio | 0.1849 |
BlockQuarry Corp Backtested Returns
BlockQuarry Corp appears to be out of control, given 3 months investment horizon. BlockQuarry Corp secures Sharpe Ratio (or Efficiency) of 0.0464, which signifies that the company had a 0.0464% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BlockQuarry Corp, which you can use to evaluate the volatility of the firm. Please makes use of BlockQuarry Corp's Downside Deviation of 8.93, risk adjusted performance of 0.0362, and Mean Deviation of 6.95 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BlockQuarry Corp holds a performance score of 3. The firm shows a Beta (market volatility) of 1.92, 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, BlockQuarry Corp will likely underperform. Please check BlockQuarry Corp's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether BlockQuarry Corp's price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
BlockQuarry Corp has good predictability. Overlapping area represents the amount of predictability between BlockQuarry Corp time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 BlockQuarry Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current BlockQuarry Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BlockQuarry Corp lagged returns against current returns
Autocorrelation, which is BlockQuarry Corp 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 BlockQuarry Corp's pink sheet expected returns. We can calculate the autocorrelation of BlockQuarry Corp returns to help us make a trade decision. For example, suppose you find that BlockQuarry Corp 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 |
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BlockQuarry Corp 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 BlockQuarry Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BlockQuarry Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BlockQuarry Corp pink sheet over time.
Current vs Lagged Prices |
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BlockQuarry Corp Lagged Returns
When evaluating BlockQuarry Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BlockQuarry Corp pink sheet have on its future price. BlockQuarry Corp 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, BlockQuarry Corp autocorrelation shows the relationship between BlockQuarry Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BlockQuarry Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BlockQuarry Pink Sheet
BlockQuarry Corp financial ratios help investors to determine whether BlockQuarry 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 BlockQuarry with respect to the benefits of owning BlockQuarry Corp security.