Blackline Stock Alpha and Beta Analysis
| BL Stock | USD 62.77 0.07 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Blackline. It also helps investors analyze the systematic and unsystematic risks associated with investing in Blackline over a specified time horizon. Remember, high Blackline's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Blackline's market risk premium analysis include:
Beta 1.56 | Alpha 0.18 | Risk 1.77 | Sharpe Ratio 0.21 | Expected Return 0.37 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Blackline Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Blackline market risk premium is the additional return an investor will receive from holding Blackline long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Blackline. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Blackline's performance over market.| α | 0.18 | β | 1.56 |
Blackline expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Blackline's Buy-and-hold return. Our buy-and-hold chart shows how Blackline performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Blackline Market Price Analysis
Market price analysis indicators help investors to evaluate how Blackline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blackline shares will generate the highest return on investment. By understating and applying Blackline stock market price indicators, traders can identify Blackline position entry and exit signals to maximize returns.
Blackline Return and Market Media
The median price of Blackline for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 55.11 with a coefficient of variation of 7.74. The daily time series for the period is distributed with a sample standard deviation of 4.22, arithmetic mean of 54.54, and mean deviation of 3.59. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 3033 shares by Mark Partin of Blackline at 14.0 subject to Rule 16b-3 | 09/27/2024 |
2 | BlackLine, Inc. Insider Sells 318,323.22 in Stock | 10/07/2024 |
3 | Disposition of 27 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3 | 10/09/2024 |
4 | Disposition of 19781 shares by Morgan-prager Karole of Blackline at 14.0 subject to Rule 16b-3 | 10/18/2024 |
5 | Acquisition by Morgan-prager Karole of 19781 shares of Blackline at 14.0 subject to Rule 16b-3 | 10/25/2024 |
6 | Can TELs Solid Q4 Earnings and Fiscal Q1 View Push the Stock Higher | 10/30/2024 |
7 | Acquisition by Yoran Amit of 3390 shares of Blackline subject to Rule 16b-3 | 11/01/2024 |
8 | BlackLine Inc Surpasses Q3 2024 Estimates with 0.27 EPS and 165.9 Million Revenue | 11/07/2024 |
9 | Can Q3 Earnings Beat Strong FY24 View Lift the EPAM Stock | 11/08/2024 |
10 | Disposition of 200 shares by Yamamoto Mika of Blackline at 62.1 subject to Rule 16b-3 | 11/11/2024 |
11 | BlackLine Welcomes Philippe Omer Decugis as Senior Vice President and General Manager for Europe | 11/13/2024 |
12 | Engaged Capital adds BlackLine, exits Shake Shack, others in Q3 | 11/14/2024 |
13 | BlackLine announces 200 million stock buyback plan | 11/19/2024 |
14 | BlackLine Receives Neutral Rating from Piper Sandler | 11/20/2024 |
15 | Heres Why BlackLine Is a Great Buy the Bottom Stock Now | 11/21/2024 |
About Blackline Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Blackline or other stocks. Alpha measures the amount that position in Blackline has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 107.29 | 105.3 | 106.16 | 129.84 | PTB Ratio | 18.59 | 35.8 | 14.56 | 9.25 |
Blackline Upcoming Company Events
As portrayed in its financial statements, the presentation of Blackline's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Blackline's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Blackline's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Blackline. Please utilize our Beneish M Score to check the likelihood of Blackline's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Blackline Backtesting, Blackline Valuation, Blackline Correlation, Blackline Hype Analysis, Blackline Volatility, Blackline History and analyze Blackline Performance. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Blackline technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.