Black Diamond Therapeutics Stock Buy Hold or Sell Recommendation
| BDTX Stock | USD 2.51 0.03 1.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Black Diamond Therapeutics is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Black Diamond Therapeutics given historical horizon and risk tolerance towards Black Diamond. When Macroaxis issues a 'buy' or 'sell' recommendation for Black Diamond Therapeutics, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Black Diamond Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Black and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Black Diamond Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Black |
Execute Black Diamond Buy or Sell Advice
The Black recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Black Diamond Therapeutics. Macroaxis does not own or have any residual interests in Black Diamond Therapeutics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Black Diamond's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Black Diamond Trading Alerts and Improvement Suggestions
| Black Diamond Therap generated a negative expected return over the last 90 days | |
| Black Diamond Therap has high historical volatility and very poor performance | |
| Black Diamond Therap has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (82.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Black Diamond Therapeutics currently holds about 160.89 M in cash with (66.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Black Diamond Therap has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: T. Rowe Price Investment Management, Inc. Expands Stake in Black Diamond Therapeutics Inc |
Black Diamond Returns Distribution Density
The distribution of Black Diamond's historical returns is an attempt to chart the uncertainty of Black Diamond's future price movements. The chart of the probability distribution of Black Diamond daily returns describes the distribution of returns around its average expected value. We use Black Diamond Therapeutics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Black Diamond returns is essential to provide solid investment advice for Black Diamond.
| Mean Return | -1.22 | Value At Risk | -8.3 | Potential Upside | 5.56 | Standard Deviation | 4.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Black Diamond historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Black Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Black Diamond, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Black Diamond Therapeutics back and forth among themselves.
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 813.1 K | Amvescap Plc. | 2024-06-30 | 712.4 K | Citadel Advisors Llc | 2024-09-30 | 703.7 K | Point72 Asset Management, L.p. | 2024-09-30 | 697.1 K | State Street Corp | 2024-06-30 | 690.4 K | Kennedy Capital Management Inc | 2024-09-30 | 657 K | Driehaus Capital Management Llc | 2024-06-30 | 605.9 K | Octagon Capital Advisors Lp | 2024-09-30 | 594 K | Boxer Capital Llc | 2024-09-30 | 506 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 10.7 M | Bellevue Group Ag | 2024-09-30 | 8.5 M |
Black Diamond Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (281.5M) | (281.7M) | 133.3M | 53.5M | 16.3M | 17.2M | |
| Change In Cash | 103.1M | (118.9M) | 31.2M | (31.5M) | 21.6M | 22.6M | |
| Free Cash Flow | (24.7M) | (52.3M) | (102.9M) | (85.3M) | (66.8M) | (70.1M) | |
| Depreciation | 47K | 52K | 205K | 508K | 437K | 458.9K | |
| Other Non Cash Items | 6.4M | 524K | 2.0M | 3.3M | 2.0M | 2.3M | |
| Capital Expenditures | 21K | 142K | 2.7M | 192K | 33K | 31.4K | |
| Net Income | (35.3M) | (67.3M) | (125.6M) | (91.2M) | (82.4M) | (86.6M) | |
| End Period Cash Flow | 154.7M | 35.8M | 67.0M | 35.5M | 57.0M | 64.4M | |
| Change To Netincome | 10.1M | 10.0M | 18.2M | 12.2M | 14.0M | 9.4M |
Black Diamond Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Black Diamond or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Black Diamond's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Black stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.52 | |
β | Beta against Dow Jones | 2.38 | |
σ | Overall volatility | 4.42 | |
Ir | Information ratio | -0.3 |
Black Diamond Volatility Alert
Black Diamond Therapeutics exhibits very low volatility with skewness of -0.11 and kurtosis of -0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Black Diamond's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Black Diamond's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Black Diamond Fundamentals Vs Peers
Comparing Black Diamond's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Black Diamond's direct or indirect competition across all of the common fundamentals between Black Diamond and the related equities. This way, we can detect undervalued stocks with similar characteristics as Black Diamond or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Black Diamond's fundamental indicators could also be used in its relative valuation, which is a method of valuing Black Diamond by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Black Diamond to competition |
| Fundamentals | Black Diamond | Peer Average |
| Return On Equity | -0.63 | -0.31 |
| Return On Asset | -0.33 | -0.14 |
| Current Valuation | 54.04 M | 16.62 B |
| Shares Outstanding | 56.59 M | 571.82 M |
| Shares Owned By Insiders | 2.26 % | 10.09 % |
| Shares Owned By Institutions | 98.99 % | 39.21 % |
| Number Of Shares Shorted | 6.33 M | 4.71 M |
| Price To Book | 1.48 X | 9.51 X |
| EBITDA | (86.02 M) | 3.9 B |
| Net Income | (82.44 M) | 570.98 M |
| Cash And Equivalents | 160.89 M | 2.7 B |
| Cash Per Share | 4.43 X | 5.01 X |
| Total Debt | 25.3 M | 5.32 B |
| Debt To Equity | 0.19 % | 48.70 % |
| Current Ratio | 8.55 X | 2.16 X |
| Book Value Per Share | 1.72 X | 1.93 K |
| Cash Flow From Operations | (66.72 M) | 971.22 M |
| Short Ratio | 7.70 X | 4.00 X |
| Earnings Per Share | (1.33) X | 3.12 X |
| Target Price | 14.5 | |
| Number Of Employees | 54 | 18.84 K |
| Beta | 2.52 | -0.15 |
| Market Capitalization | 143.73 M | 19.03 B |
| Total Asset | 158.57 M | 29.47 B |
| Retained Earnings | (417.43 M) | 9.33 B |
| Working Capital | 114.39 M | 1.48 B |
| Current Asset | 123.51 M | 9.34 B |
| Current Liabilities | 4.43 M | 7.9 B |
| Net Asset | 158.57 M |
Note: Acquisition by Hatzis-schoch Brent of 200000 shares of Black Diamond at 4.86 subject to Rule 16b-3 [view details]
Black Diamond Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Black . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 17164.48 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.58 | |||
| Day Typical Price | 2.55 | |||
| Price Action Indicator | (0.08) | |||
| Period Momentum Indicator | (0.03) |
About Black Diamond Buy or Sell Advice
When is the right time to buy or sell Black Diamond Therapeutics? Buying financial instruments such as Black Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Black Diamond 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 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 Office Supplies Theme or any other thematic opportunities.
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Additional Tools for Black Stock Analysis
When running Black Diamond's price analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's value examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.