Black Diamond Therapeutics Stock Analysis

Black Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.48. Some equities with similar Price to Book (P/B) outperform the market in the long run. Black Diamond Therap recorded a loss per share of 1.33. The entity had not issued any dividends in recent years. Black Diamond Therapeutics, Inc., a biotechnology company, discover, develops, and commercializes medicines for patient with genetically defined tumors. Black Diamond Therapeutics, Inc. was incorporated in 2014 and is headquartered in Cambridge, Massachusetts. Black Diamond operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 86 people. For more info on Black Diamond Therapeutics please contact the company at 617 252 0848 or go to https://www.blackdiamondtherapeutics.com.

Black Diamond Therap Investment Alerts

Black Diamond Therap Upcoming and Recent Events

Black Largest EPS Surprises

View All Earnings Estimates

Black Diamond Environmental, Social, and Governance (ESG) Scores

Black Stock Institutional Investors

Note, although Black Diamond's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Black Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 143.73 M.

Black Profitablity

Management Efficiency

Black Diamond Therap has return on total asset (ROA) of (0.3278) % which means that it has lost $0.3278 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6309) %, meaning that it created substantial loss on money invested by shareholders. Black Diamond's management efficiency ratios could be used to measure how well Black Diamond manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.55 in 2024. Return On Capital Employed is likely to drop to -0.65 in 2024. At this time, Black Diamond's Total Assets are fairly stable compared to the past year. Other Current Assets is likely to rise to about 3 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 100.8 M in 2024.

Technical Drivers

As of the 25th of November, Black Diamond shows the risk adjusted performance of (0.20), and Mean Deviation of 3.64. Black Diamond Therap technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Black Diamond Therap Price Movement Analysis

Black Diamond Therap Insider Trading Activities

Black Diamond Outstanding Bonds

Black Diamond Predictive Daily Indicators

Black Diamond Corporate Filings

Black Diamond Forecast Models

Black Diamond's time-series forecasting models are one of many Black Diamond's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Black Diamond's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Black Diamond prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Black shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Black Diamond. By using and applying Black Stock analysis, traders can create a robust methodology for identifying Black entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Black analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Black analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Black Diamond Therapeutics stock analysis indicators help investors evaluate how Black Diamond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Black Diamond shares will generate the highest return on investment. By understating and applying Black Diamond stock analysis, traders can identify Black Diamond position entry and exit signals to maximize returns.

When running Black Diamond's price analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's value examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.