Blade Air Mobility Stock Market Value
| BLDEW Stock | USD 0.52 0.03 6.12% |
| Symbol | Blade |
Blade Air Mobility Price To Book Ratio
Is Passenger Ground Transportation 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 Blade Air. If investors know Blade 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 Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 1.244 | Quarterly Revenue Growth 2.083 | Return On Assets (0.11) | Return On Equity (0.24) |
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air'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 Blade Air's market value can be influenced by many factors that don't directly affect Blade Air'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 Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air'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.
Blade Air '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 Blade Air'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 Blade Air.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Blade Air on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Blade Air Mobility or generate 0.0% return on investment in Blade Air over 30 days. Blade Air is related to or competes with Joby Aviation, and Origin Materials. Blade Air is entity of United States. It is traded as Stock on NASDAQ exchange. More
Blade Air 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 Blade Air'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 Blade Air Mobility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.14 | |||
| Information Ratio | 0.1506 | |||
| Maximum Drawdown | 68.53 | |||
| Value At Risk | (14.71) | |||
| Potential Upside | 21.21 |
Blade Air Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blade Air's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blade Air's standard deviation. In reality, there are many statistical measures that can use Blade Air historical prices to predict the future Blade Air's volatility.| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 1.57 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1631 | |||
| Treynor Ratio | 1.08 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blade Air's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blade Air Mobility Backtested Returns
Blade Air is out of control given 3 months investment horizon. Blade Air Mobility secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.09% are justified by taking the suggested risk. Use Blade Air risk adjusted performance of 0.134, and Mean Deviation of 7.41 to evaluate company specific risk that cannot be diversified away. Blade Air holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.65, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blade Air will likely underperform. Use Blade Air coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Blade Air.
Auto-correlation | -0.1 |
Very weak reverse predictability
Blade Air Mobility has very weak reverse predictability. Overlapping area represents the amount of predictability between Blade Air time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blade Air Mobility price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Blade Air price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Blade Air Mobility lagged returns against current returns
Autocorrelation, which is Blade Air 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 Blade Air's stock expected returns. We can calculate the autocorrelation of Blade Air returns to help us make a trade decision. For example, suppose you find that Blade Air 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 |
Blade Air 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 Blade Air stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blade Air stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blade Air stock over time.
Current vs Lagged Prices |
| Timeline |
Blade Air Lagged Returns
When evaluating Blade Air's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blade Air stock have on its future price. Blade Air 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, Blade Air autocorrelation shows the relationship between Blade Air stock current value and its past values and can show if there is a momentum factor associated with investing in Blade Air Mobility.
Regressed Prices |
| Timeline |
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When running Blade Air's price analysis, check to measure Blade Air'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 Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.