# Blue Apron Beta

APRN | - USA Stock | ## USD 3.65 0.03 0.82% |

Blue Apron | Beta |

## Blue Apron Beta Analysis

Blue Apron's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. 2019 | 2020 | 2021 | 2022 (projected) | |

Market Capitalization | 86.67 M | 98.86 M | 161.88 M | 195.62 M |

Invested Capital Average | 313.79 M | 188.16 M | 147.05 M | 178.2 M |

Beta | = | Covariance Variance |

## Current Blue Apron Beta | -3.54 |

Most of Blue Apron's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blue Apron Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

## Blue Apron Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Blue Apron is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Beta. Since Blue Apron's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blue Apron's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blue Apron's interrelated accounts and indicators.

**Click cells**to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Compare to competition |

In accordance with the recently published financial statements, Blue Apron Holdings has a Beta of -3.54. This is 521.43% lower than that of the Consumer Cyclical sector and significantly lower than that of the Internet Retail industry. The beta for all United States stocks is notably higher than that of the company.

## Blue Apron Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Apron's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blue Apron could also be used in its relative valuation, which is a method of valuing Blue Apron by comparing valuation metrics of similar companies.Blue Apron is currently under evaluation in beta category among related companies.

## Blue Apron Current Valuation Drivers

We derive many important indicators used in calculating different scores of Blue Apron from analyzing Blue Apron's financial statements. These drivers represent accounts that assess Blue Apron's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blue Apron's important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Average Assets | 441.07 M | 431.95 M | 318.39 M | 219.25 M | 207.19 M | 237.97 M | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | (176.91 M) | (79.86 M) | (20.9 M) | (14.06 M) | (58.02 M) | (62.6 M) | |

Earnings Before Interest Taxes and Depreciation Amortization USD | (176.91 M) | (79.86 M) | (20.9 M) | (14.06 M) | (58.02 M) | (62.6 M) | |

Earnings before Tax | (210.13 M) | (122.06 M) | (61.04 M) | (46.11 M) | (88.36 M) | (95.33 M) | |

Average Equity | 26.68 M | 156.33 M | 96.09 M | 60.54 M | 55.28 M | 56.81 M | |

Free Cash Flow | (276.55 M) | (90.94 M) | (20.95 M) | (11.15 M) | (52.63 M) | (56.78 M) | |

Invested Capital | 391.15 M | 344.35 M | 287.23 M | 164.32 M | 135.45 M | 193.48 M | |

Invested Capital Average | 346.28 M | 363.63 M | 313.79 M | 188.16 M | 147.05 M | 178.2 M | |

Tangible Asset Value | 517.71 M | 354.9 M | 266.06 M | 215.34 M | 231.71 M | 243.7 M | |

Working Capital | 192.04 M | 74.46 M | 17.29 M | 10.98 M | 40.26 M | 48.72 M |

Let's try to break down what Blue Apron's beta means in this case. As returns on the market increase, returns on owning Blue Apron are expected to decrease by larger amounts. On the other hand, during market turmoil, Blue Apron is expected to outperform it.

## Blue Apron Fundamentals

Return On Equity | (137.16) % | |||

Return On Asset | (16.31) % | |||

Profit Margin | (15.41) % | |||

Operating Margin | (11.53) % | |||

Current Valuation | 182.15 M | |||

Shares Outstanding | 31.57 M | |||

Shares Owned by Insiders | 43.31 % | |||

Shares Owned by Institutions | 22.88 % | |||

Number of Shares Shorted | 2.5 M | |||

Price to Earning | (2.51) X | |||

Price to Book | 2.58 X | |||

Price to Sales | 0.24 X | |||

Revenue | 478.83 M | |||

Gross Profit | 177.68 M | |||

EBITDA | (32.75 M) | |||

Net Income | (73.81 M) | |||

Cash and Equivalents | 35.28 M | |||

Cash per Share | 1.47 X | |||

Total Debt | 65.9 M | |||

Debt to Equity | 1.94 % | |||

Current Ratio | 0.92 X | |||

Book Value Per Share | 1.41 X | |||

Cash Flow from Operations | (28.72 M) | |||

Short Ratio | 1.86 X | |||

Earnings Per Share | (3.77) X | |||

Price to Earnings To Growth | 0.10 X | |||

Number of Employees | 1.43 K | |||

Beta | -3.54 | |||

Market Capitalization | 115.23 M | |||

Total Asset | 289.6 M | |||

Retained Earnings | (545.98 M) | |||

Working Capital | 116.41 M | |||

Current Asset | 193.72 M | |||

Current Liabilities | 77.3 M | |||

Z Score | 0.2 |

## About Blue Apron Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blue Apron Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Apron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Apron Holdings 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.

Please read more on our fundamental analysis page.Blue Apron Holdings, Inc. operates direct-to-consumer platform that delivers original recipes, and fresh and seasonal ingredients. Blue Apron Holdings, Inc. was founded in 2012 and is headquartered in New York, New York. Blue Apron operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 1434 people.
## Be your own money manager

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## Pair Trading with Blue Apron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Apron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Apron will appreciate offsetting losses from the drop in the long position's value.## Blue Apron Pair Correlation

### Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Blue Apron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Apron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Apron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Apron Holdings to buy it.

The correlation of Blue Apron is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Apron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Apron Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Blue Apron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Please continue to Blue Apron Piotroski F Score and Blue Apron Altman Z Score analysis. Note that the Blue Apron Holdings information on this page should be used as a complementary analysis to other Blue Apron's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

## Complementary Tools for Blue Apron Stock analysis

When running Blue Apron Holdings price analysis, check to measure Blue Apron'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 Blue Apron is operating at the current time. Most of Blue Apron's value examination focuses on studying past and present price action to predict the probability of Blue Apron's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blue Apron's price. Additionally, you may evaluate how the addition of Blue Apron to your portfolios can decrease your overall portfolio volatility.

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The market value of Blue Apron Holdings is measured differently than its book value, which is the value of Blue Apron that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Apron's value that differs from its market value or its book value, called intrinsic value, which is Blue Apron'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 Blue Apron's market value can be influenced by many factors that don't directly affect Blue Apron'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 Blue Apron's value and its price as these two are different measures arrived at by different means. Investors typically determine Blue Apron value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Apron'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.