BlackLine Performance

BL -- USA Stock  

USD 49.49  0.78  1.55%

The firm shows Beta (market volatility) of -2.1768 which signifies that as returns on market increase, returns on owning BlackLine are expected to decrease by larger amounts. On the other hand, during market turmoil, BlackLine is expected to significantly outperform it. Even though it is essential to pay attention to BlackLine historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BlackLine exposes twenty-one different technical indicators which can help you to evaluate its performance. BlackLine has expected return of -0.0366%. Please be advised to confirm BlackLine Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if BlackLine past performance will be repeated at some point in the near future.
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Risk-Adjusted Performance

Over the last 30 days BlackLine has generated negative risk-adjusted returns adding no value to investors with long positions. Even with considerably steady technical indicators, BlackLine is not utilizing all of its potentials. The recent stock price chaos, may contribute to medium term losses for the stakeholders.
Quick Ratio1.28
Fifty Two Week Low34.01
Target High Price62.00
Fifty Two Week High58.11
Target Low Price41.00
Horizon     30 Days    Login   to change

BlackLine Relative Risk vs. Return Landscape

If you would invest  5,462  in BlackLine on August 20, 2019 and sell it today you would lose (435.00)  from holding BlackLine or give up 7.96% of portfolio value over 30 days. BlackLine is generating negative expected returns and assumes 4.7357% volatility on return distribution over the 30 days horizon. Put differently, 42% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, BlackLine is expected to under-perform the market. In addition to that, the company is 5.26 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

BlackLine Market Risk Analysis

Sharpe Ratio = -0.0077
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BlackLine Relative Performance Indicators

Estimated Market Risk
 4.74
  actual daily
 
 42 %
of total potential
 
4242
Expected Return
 -0.04
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.01
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average BlackLine is performing at about 0% 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 BlackLine by adding it to a well-diversified portfolio.

BlackLine Alerts

Equity Alerts and Improvement Suggestions

BlackLine generates negative expected return over the last 30 days
BlackLine has high historical volatility and very poor performance
The company generated yearly revenue of 254.84M. Annual Net Loss to common stockholders was (26M) with gross profit of 176.91M.
Over 82.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Exercise or conversion by Chris Murphy of 15000 shares of BlackLine subject to Rule 16b-3
Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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