Blackberry Stock Market Value

BB
 Stock
  

USD 6.38  0.37  5.48%   

Blackberry's market value is the price at which a share of Blackberry stock trades on a public exchange. It measures the collective expectations of Blackberry investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Blackberry and determine expected loss or profit from investing in Blackberry over a given investment horizon. Continue to Blackberry Correlation, Blackberry Volatility and Blackberry Alpha and Beta module to complement your research on Blackberry.
Symbol


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
3.9 B
Quarterly Revenue Growth YOY
-0.034
Return On Assets
-0.0615
Return On Equity
-0.0753
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.

Blackberry '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 Blackberry'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 Blackberry.
0.00
05/21/2022
No Change 0.00  0.0 
In 3 months and 1 day
08/19/2022
0.00
If you would invest  0.00  in Blackberry on May 21, 2022 and sell it all today you would earn a total of 0.00 from holding Blackberry or generate 0.0% return on investment in Blackberry over 90 days. Blackberry is related to or competes with Boeing. BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide More

Blackberry 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 Blackberry'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 Blackberry upside and downside potential and time the market with a certain degree of confidence.

Blackberry Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackberry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blackberry's standard deviation. In reality, there are many statistical measures that can use Blackberry historical prices to predict the future Blackberry's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Blackberry'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. Please use the tools below to analyze the current value of Blackberry in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.746.4710.20
Details
Intrinsic
Valuation
LowReal ValueHigh
3.897.6211.35
Details
Naive
Forecast
LowNext ValueHigh
3.006.7310.45
Details
6 Analysts
Consensus
LowTarget PriceHigh
7.509.0010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackberry. Your research has to be compared to or analyzed against Blackberry's peers to derive any actionable benefits. When done correctly, Blackberry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Blackberry.

Blackberry Backtested Returns

We consider Blackberry slightly risky. Blackberry secures Sharpe Ratio (or Efficiency) of 0.0513, which signifies that the company had 0.0513% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Blackberry, which you can use to evaluate the future volatility of the firm. Please confirm Blackberry risk adjusted performance of 0.1168, and Mean Deviation of 2.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Blackberry has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.0178, which signifies a somewhat significant risk relative to the market. Let's try to break down what Blackberry's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blackberry will likely underperform. Although it is important to respect Blackberry historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Blackberry technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future. Blackberry right now shows a risk of 3.73%. Please confirm Blackberry information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha to decide if Blackberry will be following its price patterns.

Auto-correlation

    
  -0.3  

Weak reverse predictability

Blackberry has weak reverse predictability. Overlapping area represents the amount of predictability between Blackberry time series from 21st of May 2022 to 5th of July 2022 and 5th of July 2022 to 19th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blackberry price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Blackberry price fluctuation can be explain by its past prices.
Correlation Coefficient-0.3
Spearman Rank Test-0.43
Residual Average0.0
Price Variance0.17

Blackberry lagged returns against current returns

Autocorrelation, which is Blackberry 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 Blackberry's stock expected returns. We can calculate the autocorrelation of Blackberry returns to help us make a trade decision. For example, suppose you find that Blackberry stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Blackberry 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 Blackberry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blackberry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blackberry stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Blackberry Lagged Returns

When evaluating Blackberry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blackberry stock have on its future price. Blackberry 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, Blackberry autocorrelation shows the relationship between Blackberry stock current value and its past values and can show if there is a momentum factor associated with investing in Blackberry.
   Regressed Prices   
Share
       Timeline  

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 risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

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The ability to find closely correlated positions to Blackberry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Blackberry Correlation, Blackberry Volatility and Blackberry Alpha and Beta module to complement your research on Blackberry. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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Blackberry 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.
A focus of Blackberry technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackberry trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...