Blink Charging Co Stock Z Score

BLNK Stock  USD 3.01  0.03  1.01%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Blink Charging Piotroski F Score and Blink Charging Valuation analysis.
  
At this time, Blink Charging's Capital Expenditures is quite stable compared to the past year. Long Term Debt To Capitalization is expected to rise to 0.03 this year, although the value of Issuance Of Capital Stock will most likely fall to about 72.8 M. At this time, Blink Charging's Depreciation And Amortization is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 213.5 M this year, although the value of EBITDA is projected to rise to (86.3 M).

Blink Z Score Analysis

Blink Charging's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Blink Charging Z Score

    
  8.36  
Most of Blink Charging's fundamental indicators, such as Z Score, 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, Blink Charging Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Blink Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Blink Charging is extremely important. It helps to project a fair market value of Blink Stock properly, considering its historical fundamentals such as Z Score. Since Blink Charging'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 Blink Charging'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 Blink Charging's interrelated accounts and indicators.
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Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

In accordance with the company's disclosures, Blink Charging Co has a Z Score of 8.36. This is 105.41% higher than that of the Specialty Retail sector and 175.91% higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 4.13% higher than that of the company.

Blink Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blink Charging's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blink Charging could also be used in its relative valuation, which is a method of valuing Blink Charging by comparing valuation metrics of similar companies.
Blink Charging is currently under evaluation in z score category among related companies.

Blink Charging Institutional Holders

Institutional Holdings refers to the ownership stake in Blink Charging that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Blink Charging's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Blink Charging's value.
Shares
Oz Management Llc2023-12-31
429.5 K
Charles Schwab Investment Management Inc2023-09-30
399 K
First Trust Advisors L.p.2023-12-31
336.9 K
Ubs Group Ag2023-09-30
325.4 K
Alliancebernstein L.p.2023-09-30
250.7 K
Kbc Group Nv2023-12-31
224.5 K
Bank Of New York Mellon Corp2023-09-30
213.1 K
Marshall Wace Asset Management Ltd2023-12-31
201.7 K
Jpmorgan Chase & Co2023-09-30
167.3 K
Blackrock Inc2023-09-30
4.3 M
Vanguard Group Inc2023-09-30
2.7 M

Blink Fundamentals

About Blink Charging Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blink Charging Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blink Charging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blink Charging Co 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.
Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle charging equipment and networked EV charging services in the United States and internationally. Blink Charging Co. was founded in 2009 and is headquartered in Miami Beach, Florida. Blink Charging operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 191 people.

Blink Charging Investors Sentiment

The influence of Blink Charging'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 Blink. 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 Blink Charging's public news can be used to forecast risks associated with an investment in Blink. The trend in average sentiment can be used to explain how an investor holding Blink can time the market purely based on public headlines and social activities around Blink Charging Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Blink Charging'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 Blink Charging'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 Blink Charging's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Blink Charging.

Blink Charging Implied Volatility

    
  99.27  
Blink Charging's implied volatility exposes the market's sentiment of Blink Charging Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Blink Charging'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 Blink Charging stock will not fluctuate a lot when Blink Charging'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 Blink Charging 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, Blink Charging's short interest history, or implied volatility extrapolated from Blink Charging options trading.

Pair Trading with Blink Charging

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 Blink Charging 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 Blink Charging will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Blink Charging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blink Charging 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 Blink Charging - 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 Blink Charging Co to buy it.
The correlation of Blink Charging 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 Blink Charging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blink Charging 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 Blink Charging 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 Blink Charging is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Blink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blink Charging Co Stock. Highlighted below are key reports to facilitate an investment decision about Blink Charging Co Stock:
Check out Blink Charging Piotroski F Score and Blink Charging Valuation analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Blink Stock analysis

When running Blink Charging's price analysis, check to measure Blink Charging'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 Blink Charging is operating at the current time. Most of Blink Charging's value examination focuses on studying past and present price action to predict the probability of Blink Charging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blink Charging's price. Additionally, you may evaluate how the addition of Blink Charging to your portfolios can decrease your overall portfolio volatility.
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Is Blink Charging'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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.21)
Revenue Per Share
2.215
Quarterly Revenue Growth
0.889
Return On Assets
(0.16)
Return On Equity
(0.74)
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging'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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging'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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging'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.