Blackberry Stock Today
BB Stock | CAD 3.87 0.05 1.31% |
Performance0 of 100
| Odds Of DistressLess than 33
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BlackBerry is selling at 3.87 as of the 19th of April 2024; that is 1.31 percent up since the beginning of the trading day. The stock's open price was 3.82. BlackBerry has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for BlackBerry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. BLACKBERRY operates under Computers Phones And Devices classification in Canada and is traded on Toronto Stock Exchange. The company has 589.23 M outstanding shares of which 16.12 M shares are currently shorted by private and institutional investors with about 7.41 days to cover all short positions. More on BlackBerry
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BlackBerry Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BlackBerry's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BlackBerry or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO Director | John Giamatteo | ||||
Business Concentration | Application Software, Software - Infrastructure, Information Technology, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | ||||
BlackBerry's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BlackBerry's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackBerry's financial leverage. It provides some insight into what part of BlackBerry's total assets is financed by creditors.
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BlackBerry (BB) is traded on Toronto Exchange in Canada and employs 2,647 people. BlackBerry is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BlackBerry's market, we take the total number of its shares issued and multiply it by BlackBerry's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BlackBerry classifies itself under Software sector and is part of Information Technology industry. The entity has 589.23 M outstanding shares of which 16.12 M shares are currently shorted by private and institutional investors with about 7.41 days to cover all short positions.
BlackBerry has accumulated about 295 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11.
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Ownership AllocationBlackBerry holds a total of 589.23 Million outstanding shares. Over half of BlackBerry's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in BlackBerry. Please watch out for any change in the institutional holdings of BlackBerry as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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BlackBerry Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of BlackBerry jumping above the current price in 90 days from now is about 50.0%. The BlackBerry probability density function shows the probability of BlackBerry stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 1.4998 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BlackBerry will likely underperform. Additionally, blackBerry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BlackBerry to move above the current price in 90 days from now is about 50.0 (This BlackBerry probability density function shows the probability of BlackBerry Stock to fall within a particular range of prices over 90 days) .
BlackBerry Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BlackBerry market risk premium is the additional return an investor will receive from holding BlackBerry 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 BlackBerry. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BlackBerry's alpha and beta are two of the key measurements used to evaluate BlackBerry's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.71 | |||
Standard Deviation | 4.01 | |||
Variance | 16.08 | |||
Risk Adjusted Performance | (0.02) |
BlackBerry Stock Against Markets
Picking the right benchmark for BlackBerry stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BlackBerry stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BlackBerry is critical whether you are bullish or bearish towards BlackBerry at a given time. Please also check how BlackBerry's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BlackBerry without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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BlackBerry Corporate Directors
BlackBerry corporate directors refer to members of a BlackBerry board of directors. The board of directors generally takes responsibility for the BlackBerry's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BlackBerry's board members must vote for the resolution. The BlackBerry board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Barbara Stymiest | Independent Director | Profile | |
Laurie Alsup | Independent Director | Profile | |
Michael Daniels | Independent Director | Profile | |
Prem Watsa | Lead Independent Director | Profile |
How to buy BlackBerry Stock?
Before investing in BlackBerry, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BlackBerry. To buy BlackBerry stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BlackBerry. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BlackBerry stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BlackBerry stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BlackBerry stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BlackBerry, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BlackBerry Stock please use our How to Invest in BlackBerry guide.
Already Invested in BlackBerry?
The danger of trading BlackBerry is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BlackBerry is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BlackBerry. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BlackBerry is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for BlackBerry Stock analysis
When running BlackBerry's price analysis, check to measure BlackBerry'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 BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
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