Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding BlackLine is 'Hold'. Macroaxis provides BlackLine buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BL positions. The advice algorithm takes into account all of BlackLine available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from BL buy-and-hold prospective. Check also BlackLine Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon BlackLine has a risk adjusted performance of (0.0002707), jensen alpha of (0.041148), total risk alpha of 0.2482, sortino ratio of 0.0 and treynor ratio of (0.17)Macroaxis buy, hold, or sell recommendation tool can be used to complement BlackLine buy or sell advice provided by experts. It analyzes the organization potential to grow against your specific risk preferences and investment horizon. To make sure BlackLine is not overpriced, please confirm all BlackLine fundamentals including its Operating Margin, Price to Earning, Net Income, as well as the relationship between Shares Owned by Insiders and Revenue . Given that BlackLine has Number of Shares Shorted of 3.56M, we suggest you validate BlackLine market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
BlackLine Trading Alerts and Improvement Suggestions
BlackLine has very high historical volatility over the last 30 days
BlackLine exhibits very low volatility with skewness of 5.03 and kurtosis of 30.57. However, we advise investors to further study BlackLine technical indicators to make sure all market info is available and is reliable.