Blacksky Technology Stock Market Value
| BKSY Stock | USD 11.37 0.34 3.08% |
| Symbol | Blacksky |
Blacksky Technology Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Blacksky Technology. If investors know Blacksky 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 Blacksky Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.25) | Revenue Per Share 5.887 | Quarterly Revenue Growth 0.061 | Return On Assets (0.12) | Return On Equity (0.41) |
The market value of Blacksky Technology is measured differently than its book value, which is the value of Blacksky that is recorded on the company's balance sheet. Investors also form their own opinion of Blacksky Technology's value that differs from its market value or its book value, called intrinsic value, which is Blacksky Technology'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 Blacksky Technology's market value can be influenced by many factors that don't directly affect Blacksky Technology'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 Blacksky Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blacksky Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blacksky Technology'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.
Blacksky Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Blacksky Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Blacksky Technology.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Blacksky Technology on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Blacksky Technology or generate 0.0% return on investment in Blacksky Technology over 510 days. Blacksky Technology is related to or competes with Focus Universal, ESCO Technologies, Genasys, Cepton, Coherent, Sobr Safe, and SaverOne 2014. BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and ... More
Blacksky Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Blacksky Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Blacksky Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.22 | |||
| Information Ratio | 0.034 | |||
| Maximum Drawdown | 32.79 | |||
| Value At Risk | (8.34) | |||
| Potential Upside | 10.64 |
Blacksky Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blacksky Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Blacksky Technology's standard deviation. In reality, there are many statistical measures that can use Blacksky Technology historical prices to predict the future Blacksky Technology's volatility.| Risk Adjusted Performance | 0.0491 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | 0.1148 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blacksky Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Blacksky Technology Backtested Returns
Blacksky Technology appears to be risky, given 3 months investment horizon. Blacksky Technology secures Sharpe Ratio (or Efficiency) of 0.073, which signifies that the company had a 0.073% return per unit of standard deviation over the last 3 months. By analyzing Blacksky Technology's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Blacksky Technology's risk adjusted performance of 0.0491, and Mean Deviation of 5.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Blacksky Technology holds a performance score of 5. The firm shows a Beta (market volatility) of 3.09, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blacksky Technology will likely underperform. Please check Blacksky Technology's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Blacksky Technology's price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Blacksky Technology has average predictability. Overlapping area represents the amount of predictability between Blacksky Technology time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Blacksky Technology price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Blacksky Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 2.88 |
Blacksky Technology lagged returns against current returns
Autocorrelation, which is Blacksky Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Blacksky Technology's stock expected returns. We can calculate the autocorrelation of Blacksky Technology returns to help us make a trade decision. For example, suppose you find that Blacksky Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Blacksky Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Blacksky Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Blacksky Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Blacksky Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Blacksky Technology Lagged Returns
When evaluating Blacksky Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Blacksky Technology stock have on its future price. Blacksky Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Blacksky Technology autocorrelation shows the relationship between Blacksky Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Blacksky Technology.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Blacksky Stock Analysis
When running Blacksky Technology's price analysis, check to measure Blacksky Technology'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 Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to predict the probability of Blacksky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.