Blade Stock Story

BLDE
 Stock
  

USD 6.24  0.02  0.32%   

Today we may see the proof that Macquarie Infrastructure would recover much slower from the current slip as its shares went up 0.25% to Blade Air's 1.4957%. As many rational traders are trying to avoid industrials space, it makes sense to digest Blade Air Mobility a little further and understand how it stands against Macquarie Infrastructure and other similar entities. We are going to discuss some of the competitive aspects of both Blade and Macquarie.
Published over a month ago
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Is Macquarie more volatile than Blade Air Mobility (NASDAQ:BLDE)?

By analyzing existing fundamental indicators between Blade Air and Macquarie, 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 Macquarie 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 companies, such as Blade or Aersale 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. Please check the breakdown between Blade Air's total debt and its cash.

Correlation Between Blade and Aersale Corp

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 Aersale Corp to your portfolio. If Aersale Corp 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, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between BLDE and ASLE for more information.

Note

Are you currently holding both Blade Air and Aersale Corp in your portfolio?
Please note if you are using this as a pair-trade strategy between Blade Air and Aersale Corp, 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.

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

Lets now take a look at 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 Macquarie Infrastructure we see revenue of 250.08 M, which is 83.94% lower than that of the Airports & Air Services

Sector
1.6 B
BLDE98.47 Million5.17
Sector1.56 Billion81.71
MIC250.08 Million13.12

Momentum Analysis of Blade Air suggests possible reversal in August

Treynor Ratio just dropped to -0.47, may indicate upcoming price decrease.
As of the 10th of July, Blade Air shows the risk adjusted performance of (0.21), and Mean Deviation of 4.02. Blade Air Mobility technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Blade Air Mobility, which can be compared to its rivals. Please confirm Blade Air Mobility jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Blade Air Mobility is priced correctly, providing market reflects its regular price of 4.75 per share. Given that Blade Air has jensen alpha of (0.52), we suggest you to validate Blade Air Mobility's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Takeaway

Although other companies under the airports & air services industry are still a bit expensive, Blade Air may offer a potential longer-term growth to shareholders. While some shareholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. 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.

Editorial Staff

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 Terms of Use for any information regarding our disclosure principles.

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