BlackBerry Competitors
| BB Stock | USD 3.49 0.03 0.85% |
BlackBerry vs Rumble Correlation
Modest diversification
The correlation between BlackBerry and RUM is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BlackBerry and RUM in the same portfolio, assuming nothing else is changed.
Moving together with BlackBerry Stock
Moving against BlackBerry Stock
| 0.83 | SAR | Saratoga Investment Corp | PairCorr |
| 0.77 | WMT | Walmart Common Stock | PairCorr |
| 0.36 | VLKAF | Volkswagen AG | PairCorr |
BlackBerry Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BlackBerry and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of BlackBerry and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of BlackBerry does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between BlackBerry Stock performing well and BlackBerry Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BlackBerry's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PAGS | 2.28 | 0.34 | 0.08 | 1.95 | 2.84 | 4.80 | 11.73 | |||
| EEFT | 1.36 | (0.06) | (0.02) | 0.03 | 1.85 | 3.93 | 10.83 | |||
| SPSC | 1.34 | (0.19) | 0.00 | (0.13) | 0.00 | 2.21 | 9.94 | |||
| AVPT | 1.94 | (0.48) | 0.00 | (0.30) | 0.00 | 2.93 | 14.46 | |||
| ODD | 2.39 | (0.56) | 0.00 | (0.40) | 0.00 | 4.52 | 18.82 | |||
| WRD | 2.85 | (0.24) | 0.00 | (0.06) | 0.00 | 5.19 | 24.73 | |||
| YOU | 2.11 | 0.03 | 0.01 | 0.13 | 2.05 | 5.49 | 18.67 | |||
| BRZE | 2.82 | (0.67) | 0.00 | (0.44) | 0.00 | 3.40 | 27.69 | |||
| NATL | 1.63 | (0.01) | 0.03 | 0.08 | 2.17 | 3.55 | 12.49 | |||
| RUM | 3.31 | (0.08) | 0.01 | 0.05 | 3.97 | 8.04 | 23.11 |
Cross Equities Net Income Analysis
Compare BlackBerry and related stocks such as PagSeguro Digital, Euronet Worldwide, and SPS Commerce Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAGS | 26 M | 26 M | 26 M | 26 M | 26 M | 35.1 M | 127.2 M | 478.8 M | 909.3 M | 1.4 B | 1.3 B | 1.2 B | 1.5 B | 1.7 B | 2.1 B | 2.4 B | 2.6 B |
| EEFT | (7.6 M) | 36.9 M | 20.5 M | 88 M | 101.6 M | 98.8 M | 174.4 M | 156.9 M | 232.8 M | 346.8 M | (3.4 M) | 70.7 M | 231 M | 279.7 M | 306 M | 351.9 M | 369.5 M |
| SPSC | (2.2 M) | 13.7 M | 1.2 M | 1.1 M | 2.7 M | 4.6 M | 5.7 M | (2.4 M) | 23.9 M | 33.7 M | 45.6 M | 44.6 M | 55.1 M | 65.8 M | 77.1 M | 88.6 M | 93 M |
| AVPT | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | (3.9 M) | 3 M | (17 M) | (35.2 M) | (41.6 M) | (21.7 M) | (29.1 M) | (26.2 M) | (27.5 M) |
| ODD | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 11.7 M | 13.9 M | 21.7 M | 58.5 M | 101.5 M | 116.7 M | 122.6 M |
| WRD | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (30 M) | (47.1 M) | 49.9 M | (694.9 M) | (694.9 M) | (694.9 M) | (1 B) | (1.3 B) | (1.9 B) | (2.5 B) | (2.3 B) | (2.2 B) |
| YOU | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (54.2 M) | (9.3 M) | (36.1 M) | (65.6 M) | 28.1 M | 169.7 M | 195.1 M | 204.9 M |
| BRZE | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (31.8 M) | (32 M) | (78.2 M) | (140.7 M) | (129.2 M) | (103.7 M) | (93.4 M) | (98 M) |
| NATL | 35.7 M | 35.6 M | 34.3 M | 17.6 M | 11 M | 20.8 M | 191 M | 191 M | 191 M | 191 M | 191 M | 186 M | 108 M | (134 M) | 91 M | 104.7 M | 54.1 M |
| RUM | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (361.9 K) | (1.3 M) | (13.4 M) | (11.4 M) | (116.4 M) | (338.4 M) | (304.5 M) | (289.3 M) |
BlackBerry and related stocks such as PagSeguro Digital, Euronet Worldwide, and SPS Commerce Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in BlackBerry financial statement analysis. It represents the amount of money remaining after all of BlackBerry operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.BlackBerry Competitive Analysis
The better you understand BlackBerry competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BlackBerry's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across BlackBerry's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
BlackBerry Competition Performance Charts
Five steps to successful analysis of BlackBerry Competition
BlackBerry's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by BlackBerry in relation to its competition. BlackBerry's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of BlackBerry in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact BlackBerry's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BlackBerry, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your BlackBerry position
In addition to having BlackBerry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Housewares Thematic Idea Now
Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 9 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Housewares Theme or any other thematic opportunities.
| View All Next | Launch |
Check out BlackBerry Correlation with its peers. For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Systems Software space 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. Projected growth potential of BlackBerry fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive BlackBerry assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share 0.04 | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets | Return On Equity |
BlackBerry's market price often diverges from its book value, the accounting figure shown on BlackBerry's balance sheet. Smart investors calculate BlackBerry's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since BlackBerry's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between BlackBerry's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding BlackBerry should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.