Blackline Stock Alpha and Beta Analysis

BL
 Stock
  

USD 67.29  1.93  2.79%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Blackline. It also helps investors analyze the systematic and unsystematic risks associated with investing in Blackline over a specified time horizon. Remember, high Blackline's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Blackline Backtesting, Blackline Valuation, Blackline Correlation, Blackline Hype Analysis, Blackline Volatility, Blackline History and analyze Blackline Performance.
  
Please note that although Blackline alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Blackline did 0.11  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Blackline stock's relative risk over its benchmark. Blackline has a beta of 2.03  . Let's try to break down what Blackline'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, Blackline will likely underperform.
Blackline Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 6.39. Tangible Assets Book Value per Share is expected to hike to 27.15 this year, although Enterprise Value over EBITDA will most likely fall to (341.50) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

5.76 Billion

Blackline Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Blackline market risk premium is the additional return an investor will receive from holding Blackline long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Blackline. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Blackline's performance over market.
α-0.11   β2.03
90 days against NYA

Blackline expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Blackline's Buy-and-hold return. Our buy-and-hold chart shows how Blackline performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Blackline Market Price Analysis

Market price analysis indicators help investors to evaluate how Blackline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackline shares will generate the highest return on investment. By understating and applying Blackline stock market price indicators, traders can identify Blackline position entry and exit signals to maximize returns.

Blackline Return and Market Media

The median price of Blackline for the period between Sat, Sep 3, 2022 and Fri, Dec 2, 2022 is 61.51 with a coefficient of variation of 8.84. The daily time series for the period is distributed with a sample standard deviation of 5.46, arithmetic mean of 61.76, and mean deviation of 4.44. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Would BlackLine Be Better Off With Less Debt - Simply Wall S...09/12/2022
2
Blackline Safety keeps Buy rating with Beacon Securities - C...09/15/2022
3
EPS Estimate09/30/2022
4
Exercise or conversion by Thomas Unterman of 1000 shares of ...10/03/2022
5
ATB Backs Blackline Safetys Transformative Tech - Yahoo Fina...10/20/2022
6
Exercise or conversion by Thomas Unterman of 500 shares of B...11/01/2022
7
EPS Reported11/03/2022
8
Sale by Woodhams Mark of 41 shares of Blackline11/07/2022
9
BlackLine Third Quarter 2022 Earnings EPS Misses Expectation...11/09/2022
10
Payment of 497 shares by Patrick Villanova of Blackline subj...11/21/2022

About Blackline Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Blackline or other stocks. Alpha measures the amount that position in Blackline has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
PPandE Turnover28.823.0
Long Term Debt to Equity3.433.7

Blackline Upcoming Company Events

As portrayed in its financial statements, the presentation of Blackline's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Blackline's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Blackline's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Blackline. Please utilize our Beneish M Score to check the likelihood of Blackline's management manipulating its earnings.
Upcoming Quarterly Report10th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Blackline

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Align your risk with return expectations

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to Blackline Backtesting, Blackline Valuation, Blackline Correlation, Blackline Hype Analysis, Blackline Volatility, Blackline History and analyze Blackline Performance. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for analysis

When running Blackline 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 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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Blackline 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 Blackline technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Blackline 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...