Blackberry Stock Filter Stocks by Fundamentals
BB Stock | USD 2.75 0.09 3.38% |
BlackBerry fundamentals help investors to digest information that contributes to BlackBerry's financial success or failures. It also enables traders to predict the movement of BlackBerry Stock. The fundamental analysis module provides a way to measure BlackBerry's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BlackBerry stock.
BlackBerry | Cash Flow from Operations |
BlackBerry Cash Flow from Operations Analysis
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 681M | 643M | 946M | 1.5B | Cost Of Revenue | 251M | 237M | 277M | 263.2M |
BlackBerry Cash Flow from Operations Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackBerry is extremely important. It helps to project a fair market value of BlackBerry Stock properly, considering its historical fundamentals such as Cash Flow from Operations. Since BlackBerry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BlackBerry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BlackBerry's interrelated accounts and indicators.
Click cells to compare fundamentals
Competition |
In accordance with the recently published financial statements, BlackBerry has 0.0null in Cash Flow from Operations. This indicator is about the same for the Software average (which is currently at 0.0) sector and about the same as Cash Flow from Operations (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
All Next | Launch Module |
BlackBerry Fundamentals
Return On Equity | -0.53 | ||||
Return On Asset | -0.0292 | ||||
Profit Margin | (0.68) % | ||||
Operating Margin | (0.02) % | ||||
Current Valuation | 1.59 B | ||||
Shares Outstanding | 585.65 M | ||||
Shares Owned By Insiders | 1.66 % | ||||
Shares Owned By Institutions | 52.39 % | ||||
Number Of Shares Shorted | 46.38 M | ||||
Price To Earning | 50.47 X | ||||
Price To Book | 1.95 X | ||||
Price To Sales | 1.94 X | ||||
Revenue | 656 M | ||||
Gross Profit | 467 M | ||||
EBITDA | 515 M | ||||
Net Income | (734 M) | ||||
Cash And Equivalents | 295 M | ||||
Cash Per Share | 1.11 X | ||||
Total Debt | 419 M | ||||
Debt To Equity | 0.40 % | ||||
Current Ratio | 1.82 X | ||||
Book Value Per Share | 1.41 X | ||||
Cash Flow From Operations | (263 M) | ||||
Short Ratio | 6.72 X | ||||
Earnings Per Share | (0.99) X | ||||
Price To Earnings To Growth | 0.13 X | ||||
Target Price | 4.05 | ||||
Number Of Employees | 3.18 K | ||||
Beta | 1.09 | ||||
Market Capitalization | 1.61 B | ||||
Total Asset | 1.68 B | ||||
Retained Earnings | (2.03 B) | ||||
Working Capital | 14 M | ||||
Current Asset | 2.4 B | ||||
Current Liabilities | 826.98 M | ||||
Z Score | 2.03 | ||||
Net Asset | 1.68 B |
About BlackBerry Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackBerry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackBerry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackBerry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 is traded on New York Stock Exchange in the United States.
BlackBerry Investors Sentiment
The influence of BlackBerry's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BlackBerry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BlackBerry's public news can be used to forecast risks associated with an investment in BlackBerry. The trend in average sentiment can be used to explain how an investor holding BlackBerry can time the market purely based on public headlines and social activities around BlackBerry. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BlackBerry's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BlackBerry's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BlackBerry's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BlackBerry.
BlackBerry Implied Volatility | 223.22 |
BlackBerry's implied volatility exposes the market's sentiment of BlackBerry stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BlackBerry's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BlackBerry stock will not fluctuate a lot when BlackBerry's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackBerry in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackBerry's short interest history, or implied volatility extrapolated from BlackBerry options trading.
Pair Trading with BlackBerry
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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.Moving against BlackBerry Stock
0.8 | VRNT | Verint Systems Report 3rd of April 2024 | PairCorr |
0.79 | MSFT | Microsoft Fiscal Quarter End 31st of March 2024 | PairCorr |
0.66 | VRNS | Varonis Systems Financial Report 6th of May 2024 | PairCorr |
0.52 | DTSS | Datasea | PairCorr |
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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.Check out BlackBerry Piotroski F Score and BlackBerry Altman Z Score analysis. For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is BlackBerry'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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 1.425 | Quarterly Revenue Growth 0.036 | Return On Assets (0.03) | Return On Equity (0.53) |
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.