Blink Charging Correlations
| BLNK Stock | USD 2.33 0.02 0.85% |
The correlation of Blink Charging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blink Charging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blink Charging Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between Blink Charging Co and NYA is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blink Charging Co and NYA in the same portfolio, assuming nothing else is changed.
Blink |
The ability to find closely correlated positions to Blink Charging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blink Charging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blink Charging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blink Charging Co to buy it.
Moving together with Blink Stock
| 0.65 | FIVE | Five Below Financial Report 6th of June 2024 | PairCorr |
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Risk-Adjusted Indicators
There is a big difference between Blink Stock performing well and Blink Charging Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Blink Charging's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FIX | 1.94 | 0.48 | 0.29 | 0.32 | 1.60 | 4.15 | 17.56 | |||
| MTZ | 2.02 | 0.27 | 0.19 | 0.19 | 1.96 | 3.53 | 16.74 | |||
| EME | 1.26 | 0.59 | 0.47 | 0.76 | 0.54 | 2.81 | 12.73 | |||
| GVA | 1.15 | 0.18 | 0.16 | 0.22 | 1.01 | 2.46 | 7.39 | |||
| PWR | 1.27 | 0.19 | 0.18 | 0.19 | 1.09 | 2.72 | 12.55 | |||
| KBR | 0.87 | 0.24 | 0.19 | 0.98 | 0.68 | 2.29 | 5.61 | |||
| ACM | 0.86 | (0.01) | 0.00 | 0.08 | 1.02 | 1.75 | 4.90 | |||
| J | 0.79 | 0.04 | 0.05 | 0.12 | 0.89 | 1.70 | 4.32 | |||
| TPC | 2.44 | 0.66 | 0.31 | 0.33 | 1.90 | 6.61 | 27.66 | |||
| DY | 1.29 | 0.18 | 0.14 | 0.19 | 1.47 | 2.55 | 6.91 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blink Charging 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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Blink Charging Corporate Directors
Blink Charging corporate directors refer to members of a Blink Charging board of directors. The board of directors generally takes responsibility for the Blink Charging'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 Blink Charging's board members must vote for the resolution. The Blink Charging board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Donald Engel | Independent Director | Profile | |
| Brendan Jones | Pres Director | Profile | |
| Jack Zwick | CFO, Director | Profile | |
| Andrew Shapiro | Independent Director | Profile |
Already Invested in Blink Charging Co?
The danger of trading Blink Charging Co 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 Blink Charging 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 Blink Charging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blink Charging 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 Blink Charging is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Blink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blink Charging Co Stock. Highlighted below are key reports to facilitate an investment decision about Blink Charging Co Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blink Charging Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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Is Blink Charging's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blink Charging. If investors know Blink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.21) | Revenue Per Share 2.215 | Quarterly Revenue Growth 0.889 | Return On Assets (0.16) | Return On Equity (0.74) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.