Backblaze Stock Statistic Functions Beta
| BLZE Stock | USD 4.55 0.09 1.94% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Backblaze correlated with the market. If Beta is less than 0 Backblaze generally moves in the opposite direction as compared to the market. If Backblaze Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Backblaze is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Backblaze is generally in the same direction as the market. If Beta > 1 Backblaze moves generally in the same direction as, but more than the movement of the benchmark.
Backblaze Technical Analysis Modules
Most technical analysis of Backblaze help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Backblaze from various momentum indicators to cycle indicators. When you analyze Backblaze charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Backblaze Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Backblaze. We use our internally-developed statistical techniques to arrive at the intrinsic value of Backblaze based on widely used predictive technical indicators. In general, we focus on analyzing Backblaze Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Backblaze's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Backblaze's intrinsic value. In addition to deriving basic predictive indicators for Backblaze, we also check how macroeconomic factors affect Backblaze price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Interest Debt Per Share | 1.38 | 1.15 | 1.03 | 0.99 | Revenue Per Share | 2.83 | 2.93 | 2.64 | 1.95 |
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Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Backblaze. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Will Application Software sector continue expanding? Could Backblaze diversify its offerings? Factors like these will boost the valuation of Backblaze. Projected growth potential of Backblaze fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Backblaze data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.66) | Revenue Per Share | Quarterly Revenue Growth 0.14 | Return On Assets | Return On Equity |
The market value of Backblaze is measured differently than its book value, which is the value of Backblaze that is recorded on the company's balance sheet. Investors also form their own opinion of Backblaze's value that differs from its market value or its book value, called intrinsic value, which is Backblaze's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Backblaze's market value can be influenced by many factors that don't directly affect Backblaze's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Backblaze's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Backblaze should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Backblaze's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.