Blade Price To Sales Ratio from 2010 to 2024

BLDE Stock  USD 2.88  0.02  0.70%   
Blade Air's Price To Sales Ratio is decreasing over the years with very volatile fluctuation. Price To Sales Ratio is expected to dwindle to 1.91. Price To Sales Ratio is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.01
Current Value
1.91
Quarterly Volatility
3.10885148
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blade Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blade main balance sheet or income statement drivers, such as Net Interest Income of 8.9 M, Interest Income of 5.7 M or Interest Expense of 17.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0 or Operating Cycle of 26.02. Blade financial statements analysis is a perfect complement when working with Blade Air Valuation or Volatility modules.
  
This module can also supplement Blade Air's financial leverage analysis and stock options assessment as well as various Blade Air Technical models . Check out the analysis of Blade Air Correlation against competitors.

Latest Blade Air's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Blade Air Mobility over the last few years. Price to Sales Ratio is figured by comparing Blade Air Mobility stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blade Air sales, a figure that is much harder to manipulate than other Blade Air Mobility multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Blade Air's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blade Air's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.21 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Blade Price To Sales Ratio Regression Statistics

Arithmetic Mean5.76
Geometric Mean4.99
Coefficient Of Variation53.98
Mean Deviation2.02
Median5.37
Standard Deviation3.11
Sample Variance9.66
Range10.5048
R-Value(0.05)
Mean Square Error10.39
R-Squared0
Significance0.87
Slope(0.03)
Total Sum of Squares135.31

Blade Price To Sales Ratio History

2024 1.91
2023 2.01
2022 1.75
2020 12.25
2019 7.92

About Blade Air Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Blade Air income statement, its balance sheet, and the statement of cash flows. Blade Air investors use historical funamental indicators, such as Blade Air's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Blade Air investors may use each financial statement separately, they are all related. The changes in Blade Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blade Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Blade Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Blade Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Price To Sales Ratio 2.01  1.91 

Pair Trading with Blade Air

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blade Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blade Air will appreciate offsetting losses from the drop in the long position's value.

Moving against Blade Stock

  0.49MCAC Monterey Capital Acq Report 18th of April 2024 PairCorr
The ability to find closely correlated positions to Blade Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blade Air 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 Blade Air - 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 Blade Air Mobility to buy it.
The correlation of Blade Air 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 Blade Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blade Air Mobility 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.
Correlation analysis and pair trading evaluation for Blade Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Blade Air Mobility is a strong investment it is important to analyze Blade Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blade Air's future performance. For an informed investment choice regarding Blade Stock, refer to the following important reports:
Check out the analysis of Blade Air Correlation against competitors.
Note that the Blade Air Mobility information on this page should be used as a complementary analysis to other Blade Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Blade Stock analysis

When running Blade Air's price analysis, check to measure Blade Air'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 Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.
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Is Blade Air'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 Blade Air. If investors know Blade 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 Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
1.244
Quarterly Revenue Growth
2.083
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air'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 Blade Air's market value can be influenced by many factors that don't directly affect Blade Air'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 Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air'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.