BlackBerry Z Score
BB  Stock  USD 4.37 0.21 4.59% 
BlackBerry  Z Score 
BlackBerry Z Score Analysis
BlackBerry's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2018  2019  2021  2022 (projected)  
Revenues USD  904 M  893 M  718 M  925.26 M 
Revenues  904 M  893 M  718 M  925.26 M 
Z Score  =  Sum Of   5 Factors 
Current BlackBerry Z Score  3.0 
Most of BlackBerry's fundamental indicators, such as Z Score, 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, BlackBerry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

BlackBerry Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackBerry is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since BlackBerry'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 BlackBerry'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 BlackBerry's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, BlackBerry has a Z Score of 3.0. This is 77.7% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 65.6% higher than that of the company.
BlackBerry Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackBerry's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BlackBerry could also be used in its relative valuation, which is a method of valuing BlackBerry by comparing valuation metrics of similar companies.BlackBerry is currently under evaluation in z score category among related companies.
BlackBerry Fundamentals
Return On Equity  (0.0128) %  
Return On Asset  (0.05) %  
Profit Margin  (0.0241) %  
Operating Margin  (0.30) %  
Current Valuation  2.89 B  
Shares Outstanding  577.42 M  
Shares Owned by Insiders  1.60 %  
Shares Owned by Institutions  50.53 %  
Number of Shares Shorted  44.07 M  
Price to Earning  50.47 X  
Price to Book  2.26 X  
Price to Sales  3.61 X  
Revenue  718 M  
Gross Profit  467 M  
EBITDA  195 M  
Net Income  12 M  
Cash and Equivalents  378 M  
Cash per Share  1.11 X  
Total Debt  507 M  
Debt to Equity  0.40 %  
Current Ratio  1.82 X  
Book Value Per Share  2.30 X  
Cash Flow from Operations  (28 M)  
Short Ratio  6.84 X  
Earnings Per Share  (0.31) X  
Price to Earnings To Growth  0.13 X  
Target Price  5.64  
Number of Employees  3.33 K  
Beta  1.17  
Market Capitalization  2.55 B  
Total Asset  2.57 B  
Retained Earnings  (203.21 M)  
Working Capital  1.58 B  
Current Asset  2.4 B  
Current Liabilities  826.98 M  
Z Score  3.0  
Net Asset  2.57 B 
About BlackBerry Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackBerry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackBerry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackBerry 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.BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry is traded on New York Stock Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BlackBerry without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated 
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Pair Trading with BlackBerry
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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.Moving together with BlackBerry
+  0.71  MDB  MongoDB  Upward Rally  PairCorr 
The ability to find closely correlated positions to BlackBerry could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace BlackBerry 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 BlackBerry  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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to BlackBerry Piotroski F Score and BlackBerry Valuation analysis. Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.
Complementary Tools for BlackBerry Stock analysis
When running BlackBerry price analysis, check to measure BlackBerry'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 BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
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Is BlackBerry'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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization 2.5 B  Quarterly Revenue Growth YOY (0.04)  Return On Assets (0.05)  Return On Equity (0.0128) 
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine BlackBerry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.