BlackBerry Return On Asset vs. Net Income
| BB Stock | CAD 3.29 0.03 0.92% |
For BlackBerry profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BlackBerry to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BlackBerry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BlackBerry's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BlackBerry over time as well as its relative position and ranking within its peers.
BlackBerry |
BlackBerry Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BlackBerry's current stock value. Our valuation model uses many indicators to compare BlackBerry value to that of its competitors to determine the firm's financial worth. BlackBerry is number one stock in return on asset category among its peers. It also is number one stock in net income category among its peers . BlackBerry reported last year Net Loss of (130 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value BlackBerry by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BlackBerry's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.BlackBerry Net Income vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
BlackBerry |
| = | -0.0215 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
BlackBerry |
| = | (130 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
BlackBerry Net Income Comparison
BlackBerry is currently under evaluation in net income category among its peers.
BlackBerry Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BlackBerry, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BlackBerry will eventually generate negative long term returns. The profitability progress is the general direction of BlackBerry's change in net profit over the period of time. It can combine multiple indicators of BlackBerry, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -14 M | -13.3 M | |
| Operating Income | -125 M | -118.8 M | |
| Income Before Tax | -106 M | -100.7 M | |
| Total Other Income Expense Net | -34 M | -35.7 M | |
| Net Loss | -130 M | -123.5 M | |
| Income Tax Expense | 24 M | 22.8 M | |
| Net Loss | -130 M | -136.5 M | |
| Net Loss | -152 M | -159.6 M | |
| Interest Income | 1000 K | 950 K | |
| Change To Netincome | -11.7 M | -11.1 M | |
| Net Loss | (0.22) | (0.21) | |
| Income Quality | 0.02 | 0.02 | |
| Net Income Per E B T | 1.23 | 0.69 |
BlackBerry Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BlackBerry. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BlackBerry position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BlackBerry's important profitability drivers and their relationship over time.
Use BlackBerry in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackBerry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackBerry will appreciate offsetting losses from the drop in the long position's value.BlackBerry Pair Trading
BlackBerry Pair Trading Analysis
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackBerry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackBerry to buy it.
The correlation of BlackBerry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackBerry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your BlackBerry position
In addition to having BlackBerry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.
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Check out Trending Equities. To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
To fully project BlackBerry's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BlackBerry at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BlackBerry's income statement, its balance sheet, and the statement of cash flows.