Black Knight stock rallies as it agrees to sell Optimal Blue unit to clear way for ICE merger

BKIDelisted Stock  USD 70.80  0.84  1.20%   
Under 51% of Black Knight's traders are presently thinking to get in. The analysis of current outlook of investing in Black Knight suggests that some traders are interested regarding Black Knight's prospects. Black Knight's investing sentiment shows overall attitude of investors towards Black Knight.
  
Black Knight Inc.s stock was up 14 percent in premarket trades on Monday after the company said it agreed to sell its Optimal Blue unit for 700 million to...

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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.

Z Score

Z Score Comparative Analysis

Black Knight is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

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

ETWOE2open Parent   5.20   
0%
100.0%
CVLTCommVault Systems   4.24   
0%
81.0%
AGYSAgilysys   2.82   
0%
54.0%
CWANClearwater Analytics   2.39   
0%
45.0%
PCTYPaylocity Holdng   2.13   
0%
40.0%
ADEAADEIA P   1.82   
0%
35.0%
ALKTAlkami Technology   1.71   
0%
32.0%
TYLTyler Technologies   1.65   
0%
31.0%
MANHManhattan Associates   1.49   
0%
28.0%
PYCRPaycor HCM   1.09   
0%
20.0%
BLKBBlackbaud   0.94   
0%
18.0%
AZPNAspen Technology   0.40   
0%
7.0%
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.
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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.
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