Heres Why Madison Investors Fund Sold Black Knight
Under 67% of Black Knight's investor base is looking to short. The analysis of current outlook of investing in Black Knight suggests that many traders are alarmed regarding Black Knight's prospects. Black Knight's investing sentiment shows overall attitude of investors towards Black Knight.
Black |
Madison Investments, an investment advisor, released its Madison Investors Fund first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund was up 6.5 percent compared to a 7.5 percent return for SP 500 Index benchmark. In addition, you can check the top 5 holdings of the fund
Read at finance.yahoo.com
 |
Black Knight Fundamental Analysis
We analyze Black Knight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Black Knight using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Black Knight based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Black Knight is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Black Knight Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Black Knight stock to make a market-neutral strategy. Peer analysis of Black Knight could also be used in its relative valuation, which is a method of valuing Black Knight by comparing valuation metrics with similar companies.
Peers
Black Knight Related Equities
| TYL | Tyler Technologies | 0.22 | ||||
| PYCR | Paycor HCM | 0.09 | ||||
| BLKB | Blackbaud | 0.34 | ||||
| MANH | Manhattan Associates | 0.77 | ||||
| ALKT | Alkami Technology | 1.71 | ||||
| CWAN | Clearwater Analytics | 1.85 | ||||
| CVLT | CommVault Systems | 2.00 | ||||
| PCTY | Paylocity Holdng | 2.51 | ||||
| AGYS | Agilysys | 3.32 | ||||
| ADEA | ADEIA P | 5.15 | ||||
| ETWO | E2open Parent | 5.31 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Black Stock
If you are still planning to invest in Black Knight check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Black Knight's history and understand the potential risks before investing.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |