Blacksky Short Long Term Debt vs Long Term Investments Analysis
| BKSY Stock | USD 1.26 0.02 1.56% |
Blacksky Technology financial indicator trend analysis is way more than just evaluating Blacksky Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blacksky Technology is a good investment. Please check the relationship between Blacksky Technology Short Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.
Short Long Term Debt vs Long Term Investments
Short Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blacksky Technology Short Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blacksky Technology's Short Long Term Debt and Long Term Investments is 0.87. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Blacksky Technology, assuming nothing else is changed. The correlation between historical values of Blacksky Technology's Short Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Blacksky Technology are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Long Term Debt i.e., Blacksky Technology's Short Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Long Term Investments
Long Term Investments is an item on the asset side of Blacksky Technology balance sheet that represents investments Blacksky Technology intends to hold for over a year. Blacksky Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Blacksky Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blacksky Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.At this time, Blacksky Technology's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 55.1 M in 2024, whereas Discontinued Operations is likely to drop slightly above 604.5 K in 2024.
| 2020 | 2021 | 2023 | 2024 (projected) | Total Operating Expenses | 101.1M | 116.1M | 73.3M | 89.5M | Cost Of Revenue | 34.7M | 35.8M | 77.2M | 42.9M |
Blacksky Technology fundamental ratios Correlations
Click cells to compare fundamentals
Blacksky Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blacksky Technology fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Non Currrent Assets Other | (25.5M) | 39.8M | 53.2M | 1.9M | 9.3M | 14.4M |
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
| 0.85 | WATT | Energous Earnings Call This Week | PairCorr |
Moving against Blacksky Stock
| 0.55 | WELX | Winland Holdings | PairCorr |
| 0.54 | GIGA | Giga tronics Symbol Change | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blacksky Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 (0.40) | Revenue Per Share 0.698 | Quarterly Revenue Growth 0.829 | Return On Assets (0.15) | Return On Equity (0.50) |
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.