Blue Star Foods Stock Volatility
| BSFC Stock | USD 0.06 0.0004 0.67% |
Blue Star Foods secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Blue Star Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blue Star's Risk Adjusted Performance of (0.07), mean deviation of 4.83, and Standard Deviation of 7.37 to double-check the risk estimate we provide. Key indicators related to Blue Star's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Blue Star Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Blue daily returns, and it is calculated using variance and standard deviation. We also use Blue's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Blue Star volatility.
Blue |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Blue Star can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Blue Star at lower prices. For example, an investor can purchase Blue stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Blue Star's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with Blue Stock
| 0.73 | BON | Bon Natural Life | PairCorr |
| 0.7 | BUD | Anheuser Busch Inbev Earnings Call This Week | PairCorr |
| 0.71 | FMX | Fomento Economico | PairCorr |
Moving against Blue Stock
| 0.87 | BG | Bunge Limited | PairCorr |
| 0.81 | TSN | Tyson Foods Financial Report 13th of May 2024 | PairCorr |
| 0.74 | K | Kellanova | PairCorr |
| 0.73 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.71 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
| 0.69 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.64 | TPB | Turning Point Brands | PairCorr |
| 0.63 | MO | Altria Group | PairCorr |
| 0.62 | KAVL | Kaival Brands Innovations | PairCorr |
Blue Star Market Sensitivity And Downside Risk
Blue Star's beta coefficient measures the volatility of Blue stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Blue stock's returns against your selected market. In other words, Blue Star's beta of 0.58 provides an investor with an approximation of how much risk Blue Star stock can potentially add to one of your existing portfolios. Blue Star Foods is displaying above-average volatility over the selected time horizon. Blue Star Foods is a penny stock. Although Blue Star may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Blue Star Foods. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Blue instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Blue Star Foods Demand TrendCheck current 90 days Blue Star correlation with market (NYSE Composite)Blue Beta |
Blue standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 7.49 |
It is essential to understand the difference between upside risk (as represented by Blue Star's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Blue Star's daily returns or price. Since the actual investment returns on holding a position in blue stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Blue Star.
Blue Star Foods Stock Volatility Analysis
Volatility refers to the frequency at which Blue Star stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Blue Star's price changes. Investors will then calculate the volatility of Blue Star's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Blue Star's volatility:
Historical Volatility
This type of stock volatility measures Blue Star's fluctuations based on previous trends. It's commonly used to predict Blue Star's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Blue Star's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Blue Star's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Blue Star Foods Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Blue Star Projected Return Density Against Market
Given the investment horizon of 90 days Blue Star has a beta of 0.5839 suggesting as returns on the market go up, Blue Star average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blue Star Foods will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Blue Star or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Blue Star's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Blue stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Blue Star Foods has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a Blue Star Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Blue Star Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Blue Star is -814.35. The daily returns are distributed with a variance of 56.09 and standard deviation of 7.49. The mean deviation of Blue Star Foods is currently at 4.96. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | -0.94 | |
β | Beta against NYSE Composite | 0.58 | |
σ | Overall volatility | 7.49 | |
Ir | Information ratio | -0.13 |
Blue Star Stock Return Volatility
Blue Star historical daily return volatility represents how much of Blue Star stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 7.4893% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6197% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Blue Star Volatility
Volatility is a rate at which the price of Blue Star or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Blue Star may increase or decrease. In other words, similar to Blue's beta indicator, it measures the risk of Blue Star and helps estimate the fluctuations that may happen in a short period of time. So if prices of Blue Star fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 669.8 K | 703.3 K | |
| Market Cap | 31.8 M | 29.3 M |
Blue Star's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Blue Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Blue Star's price varies over time.
3 ways to utilize Blue Star's volatility to invest better
Higher Blue Star's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Blue Star Foods stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Blue Star Foods stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Blue Star Foods investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Blue Star's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Blue Star's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Blue Star Investment Opportunity
Blue Star Foods has a volatility of 7.49 and is 12.08 times more volatile than NYSE Composite. 66 percent of all equities and portfolios are less risky than Blue Star. You can use Blue Star Foods to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Blue Star to be traded at $0.066 in 90 days.Significant diversification
The correlation between Blue Star Foods and NYA is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blue Star Foods and NYA in the same portfolio, assuming nothing else is changed.
Blue Star Additional Risk Indicators
The analysis of Blue Star's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Blue Star's investment and either accepting that risk or mitigating it. Along with some common measures of Blue Star stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (1.53) | |||
| Mean Deviation | 4.83 | |||
| Coefficient Of Variation | (826.97) | |||
| Standard Deviation | 7.37 | |||
| Variance | 54.39 | |||
| Information Ratio | (0.13) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Blue Star Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Blue Star as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Blue Star's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Blue Star's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Blue Star Foods.
When determining whether Blue Star Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blue Star's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blue Star Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blue Star Foods Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Star Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Blue Star Foods information on this page should be used as a complementary analysis to other Blue Star'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Blue Star's price analysis, check to measure Blue Star'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 Blue Star is operating at the current time. Most of Blue Star's value examination focuses on studying past and present price action to predict the probability of Blue Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Star's price. Additionally, you may evaluate how the addition of Blue Star to your portfolios can decrease your overall portfolio volatility.
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Is Blue Star's industry 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 Blue Star. If investors know Blue 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 Blue Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 1.205 | Quarterly Revenue Growth (0.51) | Return On Assets (0.35) | Return On Equity (6.63) |
The market value of Blue Star Foods is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Star's value that differs from its market value or its book value, called intrinsic value, which is Blue Star's 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 Blue Star's market value can be influenced by many factors that don't directly affect Blue Star's 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 Blue Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Star's 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.