Blade Air Mobility Stock Price on June 18, 2024

BLDE Stock  USD 4.39  0.43  10.86%   
Below is the normalized historical share price chart for Blade Air Mobility extending back to November 05, 2019. 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 Blade Air stands at 4.39, as last reported on the 29th of November, with the highest price reaching 4.80 and the lowest price hitting 4.01 during the day.
IPO Date
5th of November 2019
200 Day MA
3.2997
50 Day MA
3.4681
Beta
(0.21)
 
Covid
If you're considering investing in Blade Stock, it is important to understand the factors that can impact its price. Blade Air appears to be moderately volatile, given 3 months investment horizon. Blade Air Mobility secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of standard deviation over the last 3 months. By analyzing Blade Air's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of Blade Air's mean deviation of 3.08, and Risk Adjusted Performance of 0.1172 to double-check if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 237.4 M, whereas Common Stock Total Equity is forecasted to decline to about 289 M. . As of November 29, 2024, Price To Sales Ratio is expected to decline to 1.09. In addition to that, Price Earnings Ratio is expected to decline to -4.86. Blade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1754

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Estimated Market Risk

 4.15
  actual daily
36
64% of assets are more volatile

Expected Return

 0.73
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Blade Air is performing at about 13% 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 Blade Air by adding it to a well-diversified portfolio.
Price Book
1.4724
Enterprise Value Ebitda
(9.95)
Price Sales
5.1192
Shares Float
45.2 M
Wall Street Target Price
7.375

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Blade Air Valuation on June 18, 2024

It is possible to determine the worth of Blade Air on a given historical date. On June 18, 2024 Blade was worth 3.15 at the beginning of the trading date compared to the closed value of 3.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blade Air stock. Still, in general, we apply an absolute valuation method to find Blade Air'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 Blade Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blade Air's related companies.
 Open High Low Close Volume
  2.95    3.17    2.95    3.13    465,483  
06/18/2024
  3.15    3.50    3.11    3.35    821,992  
  3.35    3.41    3.17    3.21    420,472  
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Open Value
3.15
3.35
Closing Value
15.59
Upside

Blade Air Trading Date Momentum on June 18, 2024

On June 20 2024 Blade Air Mobility was traded for  3.21  at the closing time. The top price for the day was 3.41  and the lowest listed price was  3.17 . The trading volume for the day was 420.5 K. The trading history from June 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.18% . The overall trading delta against the current closing price is 4.18% .

Blade Air Mobility Fundamentals Correlations and Trends

By evaluating Blade Air'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 Blade Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blade financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Blade Air Stock history

Blade Air 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 Blade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blade Air Mobility 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 Blade Air stock prices may prove useful in developing a viable investing in Blade Air
Last ReportedProjected for Next Year
Common Stock Shares Outstanding73.5 M55.6 M
Net Loss-24.5 M-25.8 M

Blade Air Stock Technical Analysis

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

Blade Air Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

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Blade Air Mobility 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.

Blade Air November 29, 2024 Market Strength

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

Blade Air Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Blade Air's price direction in advance. Along with the technical and fundamental analysis of Blade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blade 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.

Complementary Tools for Blade Stock analysis

When running Blade Air's price analysis, check to measure Blade Air'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 Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.
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