Blackline Stock Market Value
| BL Stock | USD 49.26 0.15 0.31% |
| Symbol | Blackline |
Blackline 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 Blackline. If investors know Blackline 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 Blackline 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 1.436 | Earnings Share 1.45 | Revenue Per Share | Quarterly Revenue Growth 0.088 | Return On Assets |
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline'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 Blackline's market value can be influenced by many factors that don't directly affect Blackline'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 Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline'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.
Blackline '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 Blackline's 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 Blackline.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Blackline on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Blackline or generate 0.0% return on investment in Blackline over 30 days. Blackline is related to or competes with Manhattan Associates, Aspen Technology, DoubleVerify Holdings, ANSYS, Alkami Technology, Workiva, and Agilysys. BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide More
Blackline 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 Blackline's 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 Blackline upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 23.47 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.6 |
Blackline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackline's standard deviation. In reality, there are many statistical measures that can use Blackline historical prices to predict the future Blackline's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.19) |
Blackline Backtested Returns
Blackline secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of standard deviation over the last 3 months. Blackline exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Blackline's risk adjusted performance of (0.04), and Mean Deviation of 1.66 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.12, which signifies a somewhat significant risk relative to the market. Blackline returns are very sensitive to returns on the market. As the market goes up or down, Blackline is expected to follow. At this point, Blackline has a negative expected return of -0.35%. Please make sure to confirm Blackline's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Blackline performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Blackline has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Blackline time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackline price movement. The serial correlation of -0.8 indicates that around 80.0% of current Blackline price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 16.55 |
Blackline lagged returns against current returns
Autocorrelation, which is Blackline 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 Blackline's stock expected returns. We can calculate the autocorrelation of Blackline returns to help us make a trade decision. For example, suppose you find that Blackline 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 |
Blackline 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 Blackline stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackline stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackline stock over time.
Current vs Lagged Prices |
| Timeline |
Blackline Lagged Returns
When evaluating Blackline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackline stock have on its future price. Blackline 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, Blackline autocorrelation shows the relationship between Blackline stock current value and its past values and can show if there is a momentum factor associated with investing in Blackline.
Regressed Prices |
| Timeline |
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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.