Blade Investments vs Change In Cash Analysis

BLDEW Stock  USD 0.45  0.05  12.50%   
Blade Air financial indicator trend analysis is way more than just evaluating Blade Air Mobility prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blade Air Mobility is a good investment. Please check the relationship between Blade Air Investments and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Investments account and Change In Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blade Air's Investments and Change In Cash is 0.16. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Blade Air Mobility, assuming nothing else is changed. The correlation between historical values of Blade Air's Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Blade Air Mobility are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., Blade Air's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

Most indicators from Blade Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blade Air Mobility current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Blade Air's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 241.9 M in 2024, whereas Tax Provision is likely to drop (1.5 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income460K3.4M8.4M5.7M
Net Interest Income460K3.4M8.4M8.9M

Blade Air fundamental ratios Correlations

0.170.97-0.130.050.840.5-0.23-0.180.390.87-0.350.2-0.250.230.32-0.120.250.320.240.25-0.080.370.20.340.29
0.17-0.08-0.940.89-0.330.9-0.940.860.96-0.32-0.90.89-0.930.960.98-0.750.920.960.970.97-0.570.860.890.970.99
0.97-0.080.12-0.170.940.26-0.01-0.420.140.96-0.1-0.02-0.020.00.070.050.010.070.010.010.070.12-0.020.090.04
-0.13-0.940.12-0.80.35-0.870.89-0.83-0.920.330.94-0.910.91-0.88-0.950.71-0.96-0.91-0.91-0.930.78-0.89-0.93-0.93-0.95
0.050.89-0.17-0.8-0.470.73-0.930.760.79-0.43-0.750.87-0.930.90.82-0.880.860.930.880.8-0.430.670.840.830.84
0.84-0.330.940.35-0.470.00.26-0.62-0.120.990.16-0.260.26-0.24-0.180.29-0.25-0.23-0.23-0.20.17-0.12-0.25-0.18-0.2
0.50.90.26-0.870.730.0-0.80.750.990.04-0.970.75-0.830.810.96-0.540.840.920.840.87-0.490.970.760.980.92
-0.23-0.94-0.010.89-0.930.26-0.8-0.67-0.860.240.81-0.980.99-0.99-0.90.93-0.97-0.95-0.98-0.930.66-0.72-0.96-0.88-0.95
-0.180.86-0.42-0.830.76-0.620.75-0.670.81-0.6-0.810.62-0.690.690.82-0.440.690.780.720.75-0.370.820.620.840.79
0.390.960.14-0.920.79-0.120.99-0.860.81-0.09-0.970.81-0.870.880.99-0.610.880.950.90.93-0.530.960.821.00.97
0.87-0.320.960.33-0.430.990.040.24-0.6-0.090.11-0.250.23-0.24-0.160.28-0.22-0.19-0.23-0.20.17-0.07-0.24-0.15-0.19
-0.35-0.9-0.10.94-0.750.16-0.970.81-0.81-0.970.11-0.80.86-0.79-0.960.57-0.89-0.93-0.83-0.860.61-0.99-0.82-0.97-0.91
0.20.89-0.02-0.910.87-0.260.75-0.980.620.81-0.25-0.8-0.980.940.86-0.920.990.90.940.9-0.80.71.00.830.91
-0.25-0.93-0.020.91-0.930.26-0.830.99-0.69-0.870.230.86-0.98-0.95-0.910.91-0.98-0.97-0.95-0.90.68-0.77-0.97-0.89-0.94
0.230.960.0-0.880.9-0.240.81-0.990.690.88-0.24-0.790.94-0.950.92-0.890.940.931.00.97-0.610.720.930.890.96
0.320.980.07-0.950.82-0.180.96-0.90.820.99-0.16-0.960.86-0.910.92-0.680.920.960.940.96-0.590.930.871.00.99
-0.12-0.750.050.71-0.880.29-0.540.93-0.44-0.610.280.57-0.920.91-0.89-0.68-0.86-0.8-0.85-0.760.61-0.43-0.9-0.65-0.76
0.250.920.01-0.960.86-0.250.84-0.970.690.88-0.22-0.890.99-0.980.940.92-0.860.940.940.92-0.790.810.990.90.95
0.320.960.07-0.910.93-0.230.92-0.950.780.95-0.19-0.930.9-0.970.930.96-0.80.940.940.91-0.550.880.890.970.95
0.240.970.01-0.910.88-0.230.84-0.980.720.9-0.23-0.830.94-0.951.00.94-0.850.940.940.98-0.630.760.940.920.98
0.250.970.01-0.930.8-0.20.87-0.930.750.93-0.2-0.860.9-0.90.970.96-0.760.920.910.98-0.660.810.910.930.99
-0.08-0.570.070.78-0.430.17-0.490.66-0.37-0.530.170.61-0.80.68-0.61-0.590.61-0.79-0.55-0.63-0.66-0.52-0.83-0.53-0.64
0.370.860.12-0.890.67-0.120.97-0.720.820.96-0.07-0.990.7-0.770.720.93-0.430.810.880.760.81-0.520.720.950.87
0.20.89-0.02-0.930.84-0.250.76-0.960.620.82-0.24-0.821.0-0.970.930.87-0.90.990.890.940.91-0.830.720.830.92
0.340.970.09-0.930.83-0.180.98-0.880.841.0-0.15-0.970.83-0.890.891.0-0.650.90.970.920.93-0.530.950.830.97
0.290.990.04-0.950.84-0.20.92-0.950.790.97-0.19-0.910.91-0.940.960.99-0.760.950.950.980.99-0.640.870.920.97
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Blade Air Account Relationship Matchups

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