Blade Air Mobility conducts business under
Industrials sector and is part of
Airports & Air Services industry.
The firm shows a Beta (market volatility) of 1.1087, which signifies a somewhat significant risk relative to the market. Let's try to break down what Blade's beta means in this case. Blade Air returns are very sensitive to returns on the market. As the market goes up or down, Blade Air is expected to follow. Even though it is essential to pay attention to
Blade Air Mobility historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Blade Air Mobility exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Blade Air Mobility has an expected return of -0.15%. Please be advised to confirm Blade Air Mobility
sortino ratio,
semi variance, and the
relationship between the
information ratio and
value at risk to decide if
Blade Air Mobility performance from the past will be repeated at some point in the near future.
Investing in Blade Air, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Blade Air along with other instruments in the same portfolio. Using conventional
technical analysis and
fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Blade Air's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blade Air. Your research has to be compared to or analyzed against Blade Air's peers to derive any actionable benefits. When done correctly, Blade Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blade Air Mobility.
How important is Blade Air's Liquidity
Blade Air
financial leverage refers to using borrowed capital as a funding source to finance Blade Air Mobility ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Blade Air financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Blade Air's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Blade Air's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Blade Air's total debt and its cash.
Blade Air Gross Profit
Blade Air Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Blade Air previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Blade Air Gross Profit growth over the last 10 years. Please check Blade Air's
gross profit and other
fundamental indicators for more details.
Blade Air Correlation with Peers
Investors in Blade can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Blade Air Mobility. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Blade Air and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Blade is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with
your current brokerage. Please check
volatility of Blade for more details
Is Blade Air valued correctly by the market?
Blade Air Mobility secures Sharpe Ratio (or Efficiency) of -0.0396, which signifies that the company had -0.0396% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and
technical indicators. Blade Air Mobility exposes twenty-eight different
technical indicators, which can help you to evaluate volatility that cannot be
diversified away. Please be advised to confirm Blade Air Mobility
mean deviation of 2.81, and Risk Adjusted Performance of
(0.09) to double-check the risk estimate we provide.
Will Blade Air continue to go ballistic?
Latest treynor ratio is at -0.27. Blade Air Mobility exhibits very low volatility with skewness of 0.22 and kurtosis of 0.15. However, we advise investors to further study Blade Air Mobility technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Blade Air's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Blade Air's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Current Takeaway on Blade Air Investment
Although some firms in the airports & air services industry are either recovering or due for a correction, Blade Air may not be performing as strong as the other in terms of long-term growth potentials. In closing, as of the 6th of January 2023, we believe that Blade Air is currently
undervalued with
below average odds of financial turmoil in the next two years. Our current 90 days buy-hold-sell advice on the firm is
Cautious Hold.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Blade Air Mobility. Please refer to our
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