Blink Charging Co Stock Market Value
| BLNK Stock | USD 1.57 0.05 3.09% |
| Symbol | Blink |
Blink Charging Price To Book Ratio
Is Automotive Retail 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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.43) | Revenue Per Share 1.488 | Quarterly Revenue Growth (0.42) | Return On Assets (0.13) | Return On Equity (0.70) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging'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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging'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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging'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.
Blink Charging '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 Blink Charging'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 Blink Charging.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Blink Charging on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Blink Charging Co or generate 0.0% return on investment in Blink Charging over 30 days. Blink Charging is related to or competes with Comfort Systems, MasTec, EMCOR, Granite Construction, Quanta Services, KBR, and Aecom Technology. Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle charging equipment and netwo... More
Blink Charging 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 Blink Charging'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 Blink Charging Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 27.03 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 9.04 |
Blink Charging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blink Charging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blink Charging's standard deviation. In reality, there are many statistical measures that can use Blink Charging historical prices to predict the future Blink Charging's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.18) |
Blink Charging Backtested Returns
As of now, Blink Stock is relatively risky. Blink Charging secures Sharpe Ratio (or Efficiency) of 0.0063, which signifies that the company had a 0.0063% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Blink Charging Co, which you can use to evaluate the volatility of the firm. Please confirm Blink Charging's Standard Deviation of 4.89, risk adjusted performance of (0.01), and Mean Deviation of 3.72 to double-check if the risk estimate we provide is consistent with the expected return of 0.0305%. The firm shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Blink Charging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blink Charging is expected to be smaller as well. Blink Charging right now shows a risk of 4.85%. Please confirm Blink Charging skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Blink Charging will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Blink Charging Co has very good reverse predictability. Overlapping area represents the amount of predictability between Blink Charging time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Blink Charging price movement. The serial correlation of -0.7 indicates that around 70.0% of current Blink Charging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Blink Charging lagged returns against current returns
Autocorrelation, which is Blink Charging 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 Blink Charging's stock expected returns. We can calculate the autocorrelation of Blink Charging returns to help us make a trade decision. For example, suppose you find that Blink Charging 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 |
Blink Charging 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 Blink Charging stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blink Charging stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blink Charging stock over time.
Current vs Lagged Prices |
| Timeline |
Blink Charging Lagged Returns
When evaluating Blink Charging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blink Charging stock have on its future price. Blink Charging 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, Blink Charging autocorrelation shows the relationship between Blink Charging stock current value and its past values and can show if there is a momentum factor associated with investing in Blink Charging Co.
Regressed Prices |
| Timeline |
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Blink Charging 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.