Blackline Stock Performance
| BL Stock | USD 61.46 3.07 5.26% |
Blackline has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.38, 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, Blackline will likely underperform. Blackline right now shows a risk of 2.88%. Please confirm Blackline sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if Blackline will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Blackline are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent essential indicators, Blackline is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
Actual Historical Performance (%)
One Day Return 4.5 | Five Day Return 4.01 | Year To Date Return 3.48 | Ten Year Return 157.47 | All Time Return 157.47 |
1 | Time to Buy the Dip in Twilios Stock After Earnings | 02/16/2024 |
2 | Disposition of 10007 shares by Prager Morgan Karole of Blackline at 57.4486 subject to Rule 16b-3 | 02/20/2024 |
3 | Cloud Stocks BlackLine Leverages AI for Industry First Offerings | 02/27/2024 |
4 | Disposition of 7338 shares by Prager Morgan Karole of Blackline at 57.45 subject to Rule 16b-3 | 03/08/2024 |
5 | Acquisition by Morgan-prager Karole of 26200 shares of Blackline subject to Rule 16b-3 | 03/15/2024 |
6 | Hewlett Packard Enterprise to Boost Houston Airports Networking | 03/19/2024 |
7 | FFIV vs. BL Which Stock Is the Better Value Option | 03/22/2024 |
8 | CrowdStrike Falcon XDR to Improve HCLTechs MDR Solution | 03/26/2024 |
9 | A Look At The Intrinsic Value Of BlackLine, Inc. | 03/27/2024 |
10 | Alphabet Settles Incognito Lawsuit by Deleting Data | 04/02/2024 |
11 | Stocks To Watch BlackLine Sees Relative Strength Rating Jump To 81 | 04/10/2024 |
12 | Insider Trading | 04/15/2024 |
13 | BlackLine taps Jeremy Ung from Apptio for CTO job | 04/16/2024 |
14 | Q4 Rundown BlackLine Vs Other Finance and HR Software Stocks | 04/19/2024 |
| Begin Period Cash Flow | 201 M |
Blackline |
Blackline Relative Risk vs. Return Landscape
If you would invest 6,010 in Blackline on January 25, 2024 and sell it today you would earn a total of 136.00 from holding Blackline or generate 2.26% return on investment over 90 days. Blackline is generating 0.0762% of daily returns and assumes 2.879% volatility on return distribution over the 90 days horizon. Put differently, 25% of stocks are less risky than Blackline on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Blackline Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackline's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Blackline, and traders can use it to determine the average amount a Blackline's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0265
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| Cash | Small Risk | BL | High Risk | Huge Risk |
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Blackline is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blackline by adding it to a well-diversified portfolio.
Blackline Fundamentals Growth
Blackline Stock prices reflect investors' perceptions of the future prospects and financial health of Blackline, and Blackline fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackline Stock performance.
| Return On Equity | 0.28 | ||||
| Return On Asset | -0.0024 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 3.83 B | ||||
| Shares Outstanding | 61.8 M | ||||
| Price To Earning | (39.93) X | ||||
| Price To Book | 15.06 X | ||||
| Price To Sales | 6.66 X | ||||
| Revenue | 590 M | ||||
| Gross Profit | 394.91 M | ||||
| EBITDA | 46.94 M | ||||
| Net Income | 52.83 M | ||||
| Cash And Equivalents | 1.05 B | ||||
| Cash Per Share | 17.50 X | ||||
| Total Debt | 1.41 B | ||||
| Current Ratio | 3.74 X | ||||
| Book Value Per Share | 4.24 X | ||||
| Cash Flow From Operations | 126.61 M | ||||
| Earnings Per Share | 0.81 X | ||||
| Market Capitalization | 3.61 B | ||||
| Total Asset | 2.1 B | ||||
| Retained Earnings | (214.8 M) | ||||
| Working Capital | 764.76 M | ||||
| Current Asset | 48.49 M | ||||
| Current Liabilities | 74.42 M | ||||
About Blackline Performance
To evaluate Blackline Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Blackline generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Blackline Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Blackline market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Blackline's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.000003 | 0.000006 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | (0) | (0) | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.20 | 0.21 |
Things to note about Blackline performance evaluation
Checking the ongoing alerts about Blackline for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Blackline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 93.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Q4 Rundown BlackLine Vs Other Finance and HR Software Stocks |
- Analyzing Blackline's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackline's stock is overvalued or undervalued compared to its peers.
- Examining Blackline's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blackline's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackline's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blackline's stock. These opinions can provide insight into Blackline's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Blackline Stock analysis
When running Blackline's price analysis, check to measure Blackline'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 Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Blackline's industry 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 1.05 | Earnings Share 0.81 | Revenue Per Share 9.696 | Quarterly Revenue Growth 0.113 | Return On Assets (0) |
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.