Blade Air Mobility Stock Performance
| BLDE Stock | USD 3.30 0.09 2.80% |
Blade Air has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.17, 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, Blade Air will likely underperform. Blade Air Mobility right now shows a risk of 3.65%. Please confirm Blade Air Mobility sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Blade Air Mobility will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Blade Air Mobility are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak fundamental indicators, Blade Air may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 4.67 | Five Day Return (2.61) | Year To Date Return (1.47) | Ten Year Return (65.54) | All Time Return (65.54) |
1 | Cathie Wood Goes Bargain Hunting 3 Stocks She Just Bought | 08/30/2024 |
2 | Disposition of 7741 shares by Wunsch Scott M of Blade Air at 2.85 subject to Rule 16b-3 | 09/11/2024 |
3 | Disposition of 60834 shares by Melissa Tomkiel of Blade Air at 2.94 subject to Rule 16b-3 | 09/13/2024 |
4 | Blade Air Mobility Announces Opening of Investor QA Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results | 10/29/2024 |
5 | Blade Air Mobility Inc Q3 2024 Earnings Report Preview What To Expect | 11/11/2024 |
6 | Blade Air Mobility reports Q3 results | 11/12/2024 |
7 | Blade Air Mobility, Inc. Q3 2024 Earnings Call Transcript | 11/13/2024 |
8 | Insider Sale President and General Counsel Melissa Tomkiel Sells Shares of Blade Air Mobility ... | 11/14/2024 |
9 | Analysts Have Made A Financial Statement On Blade Air Mobility, Inc.s Third-Quarter Report | 11/15/2024 |
10 | Disposition of 24688 shares by William Heyburn of Blade Air at 0.18 subject to Rule 16b-3 | 11/18/2024 |
| Begin Period Cash Flow | 44.4 M | |
| Free Cash Flow | -34.5 M |
Blade |
Blade Air Relative Risk vs. Return Landscape
If you would invest 318.00 in Blade Air Mobility on August 24, 2024 and sell it today you would earn a total of 12.00 from holding Blade Air Mobility or generate 3.77% return on investment over 90 days. Blade Air Mobility is currently generating 0.1248% in daily expected returns and assumes 3.6509% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than Blade, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Blade Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blade Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Blade Air Mobility, and traders can use it to determine the average amount a Blade Air'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 = 0.0342
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| Cash | Small Risk | Average Risk | BLDE | Huge Risk |
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Blade Air is performing at about 2% 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.
Blade Air Fundamentals Growth
Blade Stock prices reflect investors' perceptions of the future prospects and financial health of Blade Air, and Blade Air 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 Blade Stock performance.
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (0.55) % | ||||
| Operating Margin | (0.43) % | ||||
| Current Valuation | 138.79 M | ||||
| Shares Outstanding | 78.31 M | ||||
| Price To Book | 1.08 X | ||||
| Price To Sales | 3.74 X | ||||
| Revenue | 225.18 M | ||||
| Gross Profit | 22.27 M | ||||
| EBITDA | (30.82 M) | ||||
| Net Income | (56.08 M) | ||||
| Cash And Equivalents | 256.16 M | ||||
| Cash Per Share | 3.59 X | ||||
| Total Debt | 60.64 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 15.03 X | ||||
| Book Value Per Share | 4.18 X | ||||
| Cash Flow From Operations | (32.35 M) | ||||
| Earnings Per Share | (0.69) X | ||||
| Market Capitalization | 251.39 M | ||||
| Total Asset | 294.94 M | ||||
| Retained Earnings | (159.75 M) | ||||
| Working Capital | 170.77 M | ||||
About Blade Air Performance
By analyzing Blade Air's fundamental ratios, stakeholders can gain valuable insights into Blade Air's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Blade Air 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 Blade Air has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.99 | 3.55 | |
| Return On Tangible Assets | (0.10) | (0.11) | |
| Return On Capital Employed | (0.16) | (0.17) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.09) | (0.09) |
Things to note about Blade Air Mobility performance evaluation
Checking the ongoing alerts about Blade Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Blade Air Mobility help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blade Air Mobility had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 225.18 M. Net Loss for the year was (56.08 M) with profit before overhead, payroll, taxes, and interest of 22.27 M. | |
| Blade Air Mobility currently holds about 256.16 M in cash with (32.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Blade Air Mobility has a poor financial position based on the latest SEC disclosures | |
| Roughly 74.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Disposition of 24688 shares by William Heyburn of Blade Air at 0.18 subject to Rule 16b-3 |
- Analyzing Blade Air'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 Blade Air's stock is overvalued or undervalued compared to its peers.
- Examining Blade Air'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 Blade Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blade Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blade Air's stock. These opinions can provide insight into Blade Air's potential for growth and whether the stock is currently undervalued or overvalued.
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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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