Blackline (Germany) Price on January 31, 2024
| 02B Stock | EUR 58.50 1.00 1.68% |
If you're considering investing in Blackline Stock, it is important to understand the factors that can impact its price. As of today, the current price of Blackline stands at 58.50, as last reported on the 27th of December, with the highest price reaching 59.50 and the lowest price hitting 58.00 during the day. Blackline appears to be very steady, given 3 months investment horizon. Blackline secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackline, which you can use to evaluate the volatility of the firm. Please makes use of Blackline's mean deviation of 1.59, and Risk Adjusted Performance of 0.1633 to double-check if our risk estimates are consistent with your expectations.
Blackline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Blackline |
Sharpe Ratio = 0.164
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 02B | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Blackline is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackline by adding it to a well-diversified portfolio.
Blackline Valuation on January 31, 2024
It is possible to determine the worth of Blackline on a given historical date. On January 31, 2024 Blackline was worth 54.5 at the beginning of the trading date compared to the closed value of 54.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackline stock. Still, in general, we apply an absolute valuation method to find Blackline's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blackline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackline's related companies.
| Open | High | Low | Close | Volume | |
| 57.50 | 57.50 | 55.00 | 55.00 | 55.00 | |
01/31/2024 | 54.50 | 55.00 | 54.00 | 54.00 | 55.00 |
| 54.00 | 55.50 | 54.00 | 55.50 | 55.00 |
| Backtest Blackline | | | Blackline History | | | Blackline Valuation | Previous | Next |
Blackline Trading Date Momentum on January 31, 2024
| On February 01 2024 Blackline was traded for 55.50 at the closing time. The highest daily price throughout the period was 55.50 and the lowest price was 54.00 . The daily volume was 55.0. The net trading volume on 02/01/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 2.78% . The overall trading delta to current closing price is 5.56% . |
Blackline Fundamentals Correlations and Trends
By evaluating Blackline's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blackline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blackline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blackline Stock history
Blackline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blackline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blackline stock prices may prove useful in developing a viable investing in Blackline
BlackLine, Inc. provides financial accounting close solutions delivered primarily as Software as a Service in the United States and internationally. The company was founded in 2001 and is headquartered in Woodland Hills, California. BLACKLINE INC operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 850 people.
Blackline Stock Technical Analysis
Blackline technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Blackline Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Blackline cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Blackline December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Blackline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackline shares will generate the highest return on investment. By undertsting and applying Blackline stock market strength indicators, traders can identify Blackline entry and exit signals to maximize returns
Blackline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackline's price direction in advance. Along with the technical and fundamental analysis of Blackline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1633 | |||
| Jensen Alpha | 0.3909 | |||
| Total Risk Alpha | 0.2836 | |||
| Sortino Ratio | 0.2084 | |||
| Treynor Ratio | 4.01 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Blackline Stock analysis
When running Blackline's price analysis, check to measure Blackline'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 Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |