Blade Air Mobility Stock Price on May 9, 2024
| BLDE Stock | USD 3.12 0.04 1.27% |
Below is the normalized historical share price chart for Blade Air Mobility extending back to November 05, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blade Air stands at 3.12, as last reported on the 23rd of May, with the highest price reaching 3.24 and the lowest price hitting 3.12 during the day.
If you're considering investing in Blade Stock, it is important to understand the factors that can impact its price. We consider Blade Air risky. Blade Air Mobility secures Sharpe Ratio (or Efficiency) of 0.0215, which signifies that the company had a 0.0215% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Blade Air Mobility, which you can use to evaluate the volatility of the firm. Please confirm Blade Air's risk adjusted performance of 0.0205, and Mean Deviation of 4.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
At present, Blade Air's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.06, whereas Common Stock Shares Outstanding is forecasted to decline to about 55.9 M. . As of May 23, 2024, Price To Sales Ratio is expected to decline to 1.91. In addition to that, Price Earnings Ratio is expected to decline to -8.84. Blade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 2019 | 200 Day MA 3.1151 | 50 Day MA 3.283 | Beta (0.21) |
Blade |
Sharpe Ratio = 0.0215
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Estimated Market Risk
| 6.27 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Blade Air is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blade Air by adding it to a well-diversified portfolio.
Price Book 1.246 | Enterprise Value Ebitda (2.46) | Price Sales 4.3469 | Shares Float 45.2 M | Wall Street Target Price 7.3 |
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Blade Air Valuation on May 9, 2024
It is possible to determine the worth of Blade Air on a given historical date. On May 9, 2024 Blade was worth 3.52 at the beginning of the trading date compared to the closed value of 3.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blade Air stock. Still, in general, we apply an absolute valuation method to find Blade Air's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blade Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blade Air's related companies.
| Open | High | Low | Close | Volume | |
| 3.56 | 3.56 | 3.40 | 3.50 | 545,157 | |
05/09/2024 | 3.52 | 3.59 | 3.49 | 3.59 | 463,766 |
| 3.61 | 3.69 | 3.41 | 3.50 | 737,117 |
| Backtest Blade Air | | | Blade Air History | | | Blade Air Valuation | Previous | Next |
Blade Air Trading Date Momentum on May 9, 2024
| On May 10 2024 Blade Air Mobility was traded for 3.50 at the closing time. The top price for the day was 3.69 and the lowest listed price was 3.41 . The trading volume for the day was 737.1 K. The trading history from May 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.51% . The overall trading delta against the current closing price is 0.00% . |
Blade Air Mobility Fundamentals Correlations and Trends
By evaluating Blade Air's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blade Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blade Air Stock history
Blade Air investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blade Air Mobility will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blade Air stock prices may prove useful in developing a viable investing in Blade Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75.1 M | 55.9 M | |
| Net Loss | -24.5 M | -25.8 M |
Blade Air Stock Technical Analysis
Blade Air technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Blade Air Period Price Range
Low | May 9, 2024
| High |
3.52 | 3.59 |
Blade Air May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Blade Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blade Air shares will generate the highest return on investment. By undertsting and applying Blade Air stock market strength indicators, traders can identify Blade Air Mobility entry and exit signals to maximize returns
| Accumulation Distribution | 12918.27 | |||
| Daily Balance Of Power | 0.7 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 3.54 | |||
| Day Typical Price | 3.56 | |||
| Price Action Indicator | 0.085 | |||
| Period Momentum Indicator | (0.47) |
Blade Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blade Air's price direction in advance. Along with the technical and fundamental analysis of Blade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blade to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | 0.0063 | |||
| Treynor Ratio | 0.0437 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 (0.68) | 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.