Blackline Stock Price on November 27, 2024
| BL Stock | USD 62.01 0.13 0.21% |
Below is the normalized historical share price chart for Blackline extending back to October 28, 2016. 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 Blackline stands at 62.01, as last reported on the 30th of November, with the highest price reaching 62.45 and the lowest price hitting 61.35 during the day.
If you're considering investing in Blackline Stock, it is important to understand the factors that can impact its price. Blackline appears to be very steady, given 3 months investment horizon. Blackline secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blackline, which you can use to evaluate the volatility of the firm. Please makes use of Blackline's risk adjusted performance of 0.1644, and Mean Deviation of 1.36 to double-check if our risk estimates are consistent with your expectations.
At this time, Blackline's Total Stockholder Equity is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 478 M this year, although the value of Common Stock will most likely fall to about 584.2 K. . Price Earnings Ratio is expected to rise to 75.51 this year, although the value of Price To Sales Ratio will most likely fall to 6.12. Blackline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 2016 | 200 Day MA 54.8299 | 50 Day MA 56.9646 | Beta 0.896 |
Blackline |
Sharpe Ratio = 0.2301
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Blackline is performing at about 18% 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 Blackline by adding it to a well-diversified portfolio.
Price Book 10.5096 | Enterprise Value Ebitda 20.0376 | Price Sales 6.0453 | Shares Float 52 M | Wall Street Target Price 63.7 |
Blackline Valuation on November 27, 2024
It is possible to determine the worth of Blackline on a given historical date. On November 27, 2024 Blackline was worth 63.28 at the beginning of the trading date compared to the closed value of 61.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blackline stock. Still, in general, we apply an absolute valuation method to find Blackline'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 Blackline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blackline's related companies.
| Open | High | Low | Close | Volume | |
| 62.07 | 63.50 | 61.80 | 63.07 | 771,361 | |
11/27/2024 | 63.28 | 63.59 | 61.83 | 61.88 | 537,094 |
| 62.16 | 62.45 | 61.35 | 62.01 | 213,272 |
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Blackline Trading Date Momentum on November 27, 2024
| On November 29 2024 Blackline was traded for 62.01 at the closing time. The highest price during the trading period was 62.45 and the lowest recorded bid was listed for 61.35 . The volume for the day was 213.3 K. This history from November 29, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 0.21% . The overall trading delta to the current price is 0.45% . |
Blackline Fundamentals Correlations and Trends
By evaluating Blackline'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 Blackline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blackline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blackline Stock history
Blackline 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 Blackline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blackline 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 Blackline stock prices may prove useful in developing a viable investing in Blackline
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 72 M | 58.9 M | |
| Net Loss | -26.5 M | -27.8 M |
Blackline Quarterly Net Working Capital |
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Blackline Stock Technical Analysis
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.
Price Boundaries
Blackline Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Blackline cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Blackline November 30, 2024 Market Strength
Market strength 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 undertsting and applying Blackline stock market strength indicators, traders can identify Blackline entry and exit signals to maximize returns
Blackline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blackline's price direction in advance. Along with the technical and fundamental analysis of Blackline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blackline 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.
| Risk Adjusted Performance | 0.1644 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | 0.0615 | |||
| Sortino Ratio | 0.1399 | |||
| Treynor Ratio | 0.2358 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Application 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 Blackline. If investors know Blackline 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 Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.429 | Earnings Share 0.98 | Revenue Per Share 10.347 | Quarterly Revenue Growth 0.101 | Return On Assets 0.0095 |
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline'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 Blackline's market value can be influenced by many factors that don't directly affect Blackline'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 Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline'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.