Blacksky Technology Stock Market Capitalization
| BKSY Stock | USD 1.18 0.01 0.85% |
Blacksky Technology fundamentals help investors to digest information that contributes to Blacksky Technology's financial success or failures. It also enables traders to predict the movement of Blacksky Stock. The fundamental analysis module provides a way to measure Blacksky Technology'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 Blacksky Technology stock.
| Last Reported | Projected for Next Year | ||
| Market Cap | 0.00 | 0.00 |
Blacksky | Market Capitalization |
Blacksky Technology Company Market Capitalization Analysis
Blacksky Technology's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Blacksky Technology Market Capitalization | 170.44 M |
Most of Blacksky Technology's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blacksky Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Blacksky Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Blacksky Technology is extremely important. It helps to project a fair market value of Blacksky Stock properly, considering its historical fundamentals such as Market Capitalization. Since Blacksky Technology'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 Blacksky Technology'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 Blacksky Technology's interrelated accounts and indicators.
Click cells to compare fundamentals
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Blacksky Long Term Debt To Capitalization
Long Term Debt To Capitalization |
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Based on the recorded statements, the market capitalization of Blacksky Technology is about 170.44 M. This is 99.03% lower than that of the Electronic Equipment, Instruments & Components sector and 96.83% lower than that of the Information Technology industry. The market capitalization for all United States stocks is 99.1% higher than that of the company.
Blacksky Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blacksky Technology's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blacksky Technology could also be used in its relative valuation, which is a method of valuing Blacksky Technology by comparing valuation metrics of similar companies.Blacksky Technology is currently under evaluation in market capitalization category among related companies.
Blacksky Fundamentals
| Return On Equity | -0.52 | ||||
| Return On Asset | -0.14 | ||||
| Profit Margin | (0.52) % | ||||
| Operating Margin | (0.55) % | ||||
| Current Valuation | 229.86 M | ||||
| Shares Outstanding | 144.44 M | ||||
| Shares Owned By Insiders | 13.54 % | ||||
| Shares Owned By Institutions | 38.89 % | ||||
| Number Of Shares Shorted | 6.24 M | ||||
| Price To Earning | 4.26 X | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 1.88 X | ||||
| Revenue | 94.49 M | ||||
| Gross Profit | 29.52 M | ||||
| EBITDA | (11.67 M) | ||||
| Net Income | (53.86 M) | ||||
| Cash And Equivalents | 87.9 M | ||||
| Cash Per Share | 0.74 X | ||||
| Total Debt | 87.16 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.00 X | ||||
| Book Value Per Share | 0.57 X | ||||
| Cash Flow From Operations | (17.42 M) | ||||
| Short Ratio | 13.55 X | ||||
| Earnings Per Share | (0.37) X | ||||
| Price To Earnings To Growth | 0.05 X | ||||
| Target Price | 2.75 | ||||
| Number Of Employees | 279 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 170.44 M | ||||
| Total Asset | 224.82 M | ||||
| Retained Earnings | (598.97 M) | ||||
| Working Capital | 51.84 M | ||||
| Net Asset | 224.82 M |
About Blacksky Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blacksky Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blacksky Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blacksky Technology 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.
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 Blacksky Technology 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, Blacksky Technology's short interest history, or implied volatility extrapolated from Blacksky Technology options trading.
Pair Trading with Blacksky Technology
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 Blacksky Technology 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 Blacksky Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Blacksky Stock
| 0.87 | WATT | Energous | PairCorr |
Moving against Blacksky Stock
| 0.74 | WELX | Winland Holdings | PairCorr |
| 0.68 | GRMN | Garmin | PairCorr |
| 0.64 | BMI | Badger Meter Financial Report 18th of July 2024 | PairCorr |
| 0.61 | DYSL | Dynasil Of | PairCorr |
| 0.58 | ITRI | Itron Inc | PairCorr |
The ability to find closely correlated positions to Blacksky Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blacksky Technology 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 Blacksky Technology - 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 Blacksky Technology to buy it.
The correlation of Blacksky Technology 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 Blacksky Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blacksky Technology 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 Blacksky Technology 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 Blacksky Technology Piotroski F Score and Blacksky Technology Altman Z Score analysis. For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Blacksky Stock analysis
When running Blacksky Technology's price analysis, check to measure Blacksky Technology'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 Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to predict the probability of Blacksky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.
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Is Blacksky Technology'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 Blacksky Technology. If investors know Blacksky 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 Blacksky Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.716 | Quarterly Revenue Growth 0.317 | Return On Assets (0.14) | Return On Equity (0.52) |
The market value of Blacksky Technology is measured differently than its book value, which is the value of Blacksky that is recorded on the company's balance sheet. Investors also form their own opinion of Blacksky Technology's value that differs from its market value or its book value, called intrinsic value, which is Blacksky Technology'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 Blacksky Technology's market value can be influenced by many factors that don't directly affect Blacksky Technology'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 Blacksky Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blacksky Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blacksky Technology'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.