Blackline Safety Corp Stock Performance
| BLKLF Stock | USD 4.47 0.29 6.09% |
On a scale of 0 to 100, Blackline Safety holds a performance score of 15. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Blackline Safety's returns are expected to increase less than the market. However, during the bear market, the loss of holding Blackline Safety is expected to be smaller as well. Please check Blackline Safety's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Blackline Safety's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Blackline Safety Corp are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile essential indicators, Blackline Safety reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 34.4 M |
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Blackline Safety Relative Risk vs. Return Landscape
If you would invest 337.00 in Blackline Safety Corp on August 31, 2024 and sell it today you would earn a total of 110.00 from holding Blackline Safety Corp or generate 32.64% return on investment over 90 days. Blackline Safety Corp is currently producing 0.4787% returns and takes up 2.485% volatility of returns over 90 trading days. Put another way, 22% of traded pink sheets are less volatile than Blackline, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Blackline Safety Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blackline Safety's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Blackline Safety Corp, and traders can use it to determine the average amount a Blackline Safety's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1926
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Blackline Safety is performing at about 15% 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 Safety by adding it to a well-diversified portfolio.
Blackline Safety Fundamentals Growth
Blackline Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Blackline Safety, and Blackline Safety fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blackline Pink Sheet performance.
| Return On Equity | -0.85 | |||
| Return On Asset | -0.3 | |||
| Profit Margin | (0.74) % | |||
| Operating Margin | (0.71) % | |||
| Current Valuation | 87.52 M | |||
| Shares Outstanding | 72.14 M | |||
| Price To Earning | (17.51) X | |||
| Price To Book | 3.90 X | |||
| Price To Sales | 1.40 X | |||
| Revenue | 72.93 M | |||
| EBITDA | (46.49 M) | |||
| Cash And Equivalents | 10.49 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 8.57 M | |||
| Debt To Equity | 0.06 % | |||
| Book Value Per Share | 0.73 X | |||
| Cash Flow From Operations | (50.56 M) | |||
| Earnings Per Share | (0.68) X | |||
| Total Asset | 108.05 M | |||
About Blackline Safety Performance
By analyzing Blackline Safety's fundamental ratios, stakeholders can gain valuable insights into Blackline Safety's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Blackline Safety has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Blackline Safety has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Blackline Safety Corp., develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, Australia, New Zealand, and internationally. Blackline Safety Corp. was founded in 2004 and is headquartered in Calgary, Canada. Blackline Safety operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 481 people.Things to note about Blackline Safety Corp performance evaluation
Checking the ongoing alerts about Blackline Safety for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Blackline Safety Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 72.93 M. Net Loss for the year was (53.65 M) with profit before overhead, payroll, taxes, and interest of 32.24 M. | |
| Blackline Safety Corp has accumulated about 10.49 M in cash with (50.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 30.0% of the company shares are held by company insiders |
- Analyzing Blackline Safety's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blackline Safety's stock is overvalued or undervalued compared to its peers.
- Examining Blackline Safety's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blackline Safety's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blackline Safety's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blackline Safety's pink sheet. These opinions can provide insight into Blackline Safety's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Blackline Pink Sheet analysis
When running Blackline Safety's price analysis, check to measure Blackline Safety'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 Blackline Safety is operating at the current time. Most of Blackline Safety's value examination focuses on studying past and present price action to predict the probability of Blackline Safety's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline Safety's price. Additionally, you may evaluate how the addition of Blackline Safety to your portfolios can decrease your overall portfolio volatility.
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