Blackline Operating Margin from 2010 to 2024
| BL Stock | USD 57.37 0.48 0.83% |
Check Blackline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackline main balance sheet or income statement drivers, such as Interest Expense of 11.3 M, Total Revenue of 619.5 M or Gross Profit of 464.4 M, as well as many exotic indicators such as Price To Sales Ratio of 6.12, Dividend Yield of 0.0043 or PTB Ratio of 9.94. Blackline financial statements analysis is a perfect complement when working with Blackline Valuation or Volatility modules.
Blackline | Operating Margin |
Latest Blackline's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Blackline over the last few years. It is Blackline's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blackline's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.09 % | 10 Years Trend |
|
Operating Profit Margin |
| Timeline |
Blackline Operating Margin Regression Statistics
| Arithmetic Mean | (0.21) | |
| Coefficient Of Variation | (72.26) | |
| Mean Deviation | 0.13 | |
| Median | (0.20) | |
| Standard Deviation | 0.15 | |
| Sample Variance | 0.02 | |
| Range | 0.411 | |
| R-Value | 0.93 | |
| Mean Square Error | 0 | |
| R-Squared | 0.86 | |
| Slope | 0.03 | |
| Total Sum of Squares | 0.31 |
Blackline Operating Margin History
About Blackline Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Blackline income statement, its balance sheet, and the statement of cash flows. Blackline investors use historical funamental indicators, such as Blackline's Operating Margin, to determine how well the company is positioned to perform in the future. Although Blackline investors may use each financial statement separately, they are all related. The changes in Blackline's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blackline's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Blackline Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Blackline. Please read more on our technical analysis and fundamental analysis pages.
BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California. Blackline operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1915 people.
Pair Trading with Blackline
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 Blackline 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 Blackline will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackline Stock
| 0.84 | DJCO | Daily Journal Corp | PairCorr |
Moving against Blackline Stock
| 0.68 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.65 | VCSA | Vacasa Inc Financial Report 14th of May 2024 | PairCorr |
| 0.59 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.58 | DMAN | Innovativ Media Group | PairCorr |
| 0.55 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline 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 Blackline - 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 Blackline to buy it.
The correlation of Blackline 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 Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline 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 Blackline 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 the analysis of Blackline Correlation against competitors. For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Blackline Stock analysis
When running Blackline's price analysis, check to measure Blackline'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 Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Blackline'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 Blackline. If investors know Blackline 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 Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.05 | Earnings Share 0.81 | Revenue Per Share 9.696 | Quarterly Revenue Growth 0.113 | Return On Assets (0) |
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline'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 Blackline's market value can be influenced by many factors that don't directly affect Blackline'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 Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline'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.