Blackboxstocks Stock Market Value
| BLBX Stock | USD 2.62 0.07 2.75% |
| Symbol | Blackboxstocks |
Blackboxstocks Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackboxstocks. If investors know Blackboxstocks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackboxstocks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share (0.97) | Revenue Per Share 0.884 | Quarterly Revenue Growth (0.07) | Return On Assets (0.22) |
The market value of Blackboxstocks is measured differently than its book value, which is the value of Blackboxstocks that is recorded on the company's balance sheet. Investors also form their own opinion of Blackboxstocks' value that differs from its market value or its book value, called intrinsic value, which is Blackboxstocks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackboxstocks' market value can be influenced by many factors that don't directly affect Blackboxstocks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackboxstocks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackboxstocks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackboxstocks' 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.
Blackboxstocks '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 Blackboxstocks' stock 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 Blackboxstocks.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Blackboxstocks on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Blackboxstocks or generate 0.0% return on investment in Blackboxstocks over 30 days. Blackboxstocks is related to or competes with Infobird, HeartCore Enterprises, CXApp, Quhuo, Freight Technologies, Trust Stamp, and Versus Systems. Blackboxstocks Inc. develops and markets financial technology and social media hybrid platform More
Blackboxstocks 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 Blackboxstocks' stock 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 Blackboxstocks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.16 | |||
| Information Ratio | 0.0608 | |||
| Maximum Drawdown | 23.01 | |||
| Value At Risk | (7.51) | |||
| Potential Upside | 6.98 |
Blackboxstocks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackboxstocks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackboxstocks' standard deviation. In reality, there are many statistical measures that can use Blackboxstocks historical prices to predict the future Blackboxstocks' volatility.| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | 0.4836 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0529 | |||
| Treynor Ratio | (0.36) |
Blackboxstocks Backtested Returns
Blackboxstocks appears to be relatively risky, given 3 months investment horizon. Blackboxstocks secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackboxstocks, which you can use to evaluate the volatility of the firm. Please makes use of Blackboxstocks' risk adjusted performance of 0.074, and Mean Deviation of 3.04 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blackboxstocks holds a performance score of 8. The firm shows a Beta (market volatility) of -1.04, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Blackboxstocks are expected to decrease slowly. On the other hand, during market turmoil, Blackboxstocks is expected to outperform it slightly. Please check Blackboxstocks' coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Blackboxstocks' price patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
Blackboxstocks has below average predictability. Overlapping area represents the amount of predictability between Blackboxstocks time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Blackboxstocks price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Blackboxstocks price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blackboxstocks lagged returns against current returns
Autocorrelation, which is Blackboxstocks stock'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 Blackboxstocks' stock expected returns. We can calculate the autocorrelation of Blackboxstocks returns to help us make a trade decision. For example, suppose you find that Blackboxstocks has exhibited high autocorrelation historically, and you observe that the stock 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 |
Blackboxstocks 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 Blackboxstocks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackboxstocks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackboxstocks stock over time.
Current vs Lagged Prices |
| Timeline |
Blackboxstocks Lagged Returns
When evaluating Blackboxstocks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackboxstocks stock have on its future price. Blackboxstocks 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, Blackboxstocks autocorrelation shows the relationship between Blackboxstocks stock current value and its past values and can show if there is a momentum factor associated with investing in Blackboxstocks.
Regressed Prices |
| Timeline |
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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.Additional Tools for Blackboxstocks Stock Analysis
When running Blackboxstocks' price analysis, check to measure Blackboxstocks' 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 Blackboxstocks is operating at the current time. Most of Blackboxstocks' value examination focuses on studying past and present price action to predict the probability of Blackboxstocks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackboxstocks' price. Additionally, you may evaluate how the addition of Blackboxstocks to your portfolios can decrease your overall portfolio volatility.