Blackberry Stock Price on September 9, 2024

BB Stock  CAD 3.29  0.03  0.92%   
Below is the normalized historical share price chart for BlackBerry extending back to October 21, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BlackBerry stands at 3.29, as last reported on the 23rd of November, with the highest price reaching 3.31 and the lowest price hitting 3.23 during the day.
200 Day MA
3.5281
50 Day MA
3.3282
Beta
1.068
 
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Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in BlackBerry Stock, it is important to understand the factors that can impact its price. As of now, BlackBerry Stock is moderately volatile. BlackBerry secures Sharpe Ratio (or Efficiency) of 0.0339, which signifies that the company had a 0.0339% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for BlackBerry, which you can use to evaluate the volatility of the firm. Please confirm BlackBerry's risk adjusted performance of 0.0121, and Mean Deviation of 1.86 to double-check if the risk estimate we provide is consistent with the expected return of 0.0823%.
  
At this time, BlackBerry's Capital Stock is very stable compared to the past year. As of the 23rd of November 2024, Sale Purchase Of Stock is likely to grow to about 9.4 M, while Total Stockholder Equity is likely to drop about 737.2 M. . As of the 23rd of November 2024, Price To Sales Ratio is likely to drop to 1.81. In addition to that, Price Earnings Ratio is likely to grow to -11.88. BlackBerry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0339

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average BlackBerry is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BlackBerry by adding it to a well-diversified portfolio.
Price Book
1.8826
Enterprise Value Ebitda
(37.67)
Price Sales
3.051
Shares Float
543.3 M
Wall Street Target Price
2.8165

BlackBerry Valuation on September 9, 2024

It is possible to determine the worth of BlackBerry on a given historical date. On September 9, 2024 BlackBerry was worth 3.1 at the beginning of the trading date compared to the closed value of 3.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlackBerry stock. Still, in general, we apply an absolute valuation method to find BlackBerry's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BlackBerry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlackBerry's related companies.
 Open High Low Close Volume
  3.11    3.14    3.01    3.06    1,035,471  
09/09/2024
  3.10    3.21    3.10    3.17    2,006,395  
  3.19    3.28    3.17    3.26    1,415,510  
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Open Value
3.1
3.17
Closing Value
10.39
Upside

BlackBerry Trading Date Momentum on September 9, 2024

On September 10 2024 BlackBerry was traded for  3.26  at the closing time. The highest daily price throughout the period was 3.28  and the lowest price was  3.17 . The daily volume was 1.4 M. The net trading volume on 09/10/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 2.84% . The overall trading delta to current closing price is 4.42% .

BlackBerry Fundamentals Correlations and Trends

By evaluating BlackBerry's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BlackBerry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlackBerry financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BlackBerry Stock history

BlackBerry investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BlackBerry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlackBerry will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BlackBerry stock prices may prove useful in developing a viable investing in BlackBerry
Last ReportedProjected for Next Year
Common Stock Shares Outstanding584.5 M581.9 M
Net Loss-152 M-159.6 M

BlackBerry Stock Technical Analysis

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...

Price Boundaries

BlackBerry Period Price Range

Low
November 23, 2024
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High

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BlackBerry cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

BlackBerry November 23, 2024 Market Strength

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

BlackBerry Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BlackBerry's price direction in advance. Along with the technical and fundamental analysis of BlackBerry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlackBerry to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. 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.
To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 if BlackBerry is a good investment 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.