By analyzing existing fundamental indicators between Blade Air and Aersale, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Aersale with a short position in Blade Air. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets.
One of the ways to look at asset utilization of Blade is to check how much profit was generated for every dollar of assets it reports. Blade Air Mobility shows a negative utilization of assets of -8.25 percent, losing $0.0825 for each dollar of assets held by the firm. Unsuccessful asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Blade Air Mobility shows how unproductive it operates for each dollar spent on its assets.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Blade or Beauty is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
How important is Blade Air's Liquidity
Blade Air
financial leverage refers to using borrowed capital as a funding source to finance Blade Air Mobility ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Blade Air financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Blade Air's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Blade Air's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Blade Air's total debt and its cash.
Correlation Between Blade and Beauty Health
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Blade Air together with similar or unrelated positions with a negative correlation. For example, you can also add Beauty Health to your portfolio. If Beauty Health is not perfectly correlated to Blade Air it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Blade Air, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Blade Air and Beauty Health in your portfolio? Please note if you are using this as a pair-trade strategy between Blade Air and Beauty Health, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between BLDE and SKIN for more information.
Is Blade Air valued correctly by the market?
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Now, let's check Blade Air revenue. Based on the latest financial disclosure, Blade Air Mobility reported 98.47
M of revenue. This is 97.19% lower than that of the Industrials sector and 93.68% lower than that of the
Airports & Air Services industry. The revenue for all United States stocks is 98.96% higher than that of Blade Air. As for Aersale Corp we see revenue of 340.44
M, which is 78.14% lower than that of the Airports & Air Services
| BLDE | 98.47 Million | 4.93 |
| Sector | 1.56 Billion | 78.01 |
| ASLE | 340.44 Million | 17.06 |
Our Blade analysis indicates possible reversion in August
Jensen Alpha just dropped to -0.44, may indicate upcoming price decrease. Blade Air Mobility exhibits very low volatility with skewness of -0.3 and kurtosis of 1.0. However, we advise investors to further study Blade Air Mobility technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Blade Air's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Blade Air's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Blade Air Implied Volatility
Blade Air's implied volatility exposes the market's sentiment of Blade Air Mobility stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Blade Air'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 Blade Air stock will not fluctuate a lot when Blade Air's options are near their expiration.
Our Conclusion on Blade Air
Although other entities in the airports & air services industry are either recovering or due for a correction, Blade Air may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Blade as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Blade Air.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Blade Air Mobility. Please refer to our
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