Blade Free Cash Flow vs Operating Income Analysis

BLDE Stock  USD 3.63  0.04  1.11%   
Blade Air financial indicator trend analysis is way more than just evaluating Blade Air Mobility prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blade Air Mobility is a good investment. Please check the relationship between Blade Air Free Cash Flow and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Free Cash Flow vs Operating Income

Free Cash Flow vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Free Cash Flow account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blade Air's Free Cash Flow and Operating Income is 0.98. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Operating Income in the same time period over historical financial statements of Blade Air Mobility, assuming nothing else is changed. The correlation between historical values of Blade Air's Free Cash Flow and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Blade Air Mobility are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Free Cash Flow i.e., Blade Air's Free Cash Flow and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Operating Income

Operating Income is the amount of profit realized from Blade Air Mobility operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Blade Air Mobility is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Blade Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blade Air Mobility 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 Blade Air Mobility. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Blade Air's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Income460K3.4M8.4M5.7M
Net Interest Income460K3.4M8.4M8.9M

Blade Air fundamental ratios Correlations

0.170.230.170.970.40.02-0.130.280.050.340.180.240.840.20.110.50.670.63-0.180.520.230.570.390.87-0.35
0.171.00.9-0.050.66-0.96-0.930.990.88-0.58-0.731.0-0.30.960.810.77-0.590.60.660.780.960.820.83-0.28-0.83
0.231.00.910.00.69-0.95-0.941.00.87-0.58-0.731.0-0.260.970.810.8-0.540.650.660.810.970.850.85-0.23-0.85
0.170.90.91-0.080.85-0.92-0.940.910.89-0.72-0.840.91-0.330.890.760.9-0.580.750.860.920.920.840.96-0.32-0.9
0.97-0.050.0-0.080.160.240.120.06-0.170.550.420.010.94-0.03-0.080.260.830.42-0.420.29-0.010.350.140.96-0.1
0.40.660.690.850.16-0.64-0.830.720.64-0.71-0.80.7-0.070.730.530.97-0.280.960.810.910.790.90.96-0.03-0.96
0.02-0.96-0.95-0.920.24-0.640.91-0.93-0.960.70.82-0.940.51-0.88-0.7-0.730.74-0.53-0.78-0.74-0.91-0.72-0.80.480.8
-0.13-0.93-0.94-0.940.12-0.830.91-0.94-0.80.780.88-0.940.35-0.97-0.82-0.870.62-0.75-0.83-0.83-0.99-0.88-0.920.330.94
0.280.991.00.910.060.72-0.93-0.940.85-0.56-0.711.0-0.20.970.810.83-0.490.690.650.830.980.880.87-0.17-0.87
0.050.880.870.89-0.170.64-0.96-0.80.85-0.63-0.760.86-0.470.740.520.73-0.660.530.760.770.80.660.79-0.43-0.75
0.34-0.58-0.58-0.720.55-0.710.70.78-0.56-0.630.98-0.580.72-0.63-0.45-0.620.81-0.52-0.95-0.51-0.68-0.53-0.680.680.74
0.18-0.73-0.73-0.840.42-0.80.820.88-0.71-0.760.98-0.720.64-0.75-0.54-0.740.78-0.63-0.97-0.66-0.8-0.67-0.80.60.85
0.241.01.00.910.010.7-0.94-0.941.00.86-0.58-0.72-0.240.970.810.81-0.530.660.660.810.980.860.86-0.22-0.86
0.84-0.3-0.26-0.330.94-0.070.510.35-0.2-0.470.720.64-0.24-0.23-0.160.00.950.19-0.620.03-0.250.1-0.120.990.16
0.20.960.970.89-0.030.73-0.88-0.970.970.74-0.63-0.750.97-0.230.90.81-0.530.680.680.790.990.870.86-0.22-0.87
0.110.810.810.76-0.080.53-0.7-0.820.810.52-0.45-0.540.81-0.160.90.61-0.440.480.520.640.850.670.69-0.2-0.64
0.50.770.80.90.260.97-0.73-0.870.830.73-0.62-0.740.810.00.810.61-0.250.960.750.970.860.960.990.04-0.97
0.67-0.59-0.54-0.580.83-0.280.740.62-0.49-0.660.810.78-0.530.95-0.53-0.44-0.25-0.04-0.75-0.23-0.54-0.19-0.380.940.41
0.630.60.650.750.420.96-0.53-0.750.690.53-0.52-0.630.660.190.680.480.96-0.040.630.90.740.940.910.24-0.92
-0.180.660.660.86-0.420.81-0.78-0.830.650.76-0.95-0.970.66-0.620.680.520.75-0.750.630.70.730.620.81-0.6-0.81
0.520.780.810.920.290.91-0.74-0.830.830.77-0.51-0.660.810.030.790.640.97-0.230.90.70.830.910.970.05-0.9
0.230.960.970.92-0.010.79-0.91-0.990.980.8-0.68-0.80.98-0.250.990.850.86-0.540.740.730.830.910.9-0.22-0.92
0.570.820.850.840.350.9-0.72-0.880.880.66-0.53-0.670.860.10.870.670.96-0.190.940.620.910.910.940.14-0.96
0.390.830.850.960.140.96-0.8-0.920.870.79-0.68-0.80.86-0.120.860.690.99-0.380.910.810.970.90.94-0.09-0.97
0.87-0.28-0.23-0.320.96-0.030.480.33-0.17-0.430.680.6-0.220.99-0.22-0.20.040.940.24-0.60.05-0.220.14-0.090.11
-0.35-0.83-0.85-0.9-0.1-0.960.80.94-0.87-0.750.740.85-0.860.16-0.87-0.64-0.970.41-0.92-0.81-0.9-0.92-0.96-0.970.11
Click cells to compare fundamentals

Blade Air Account Relationship Matchups

Pair Trading with Blade Air

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 Blade Air 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 Blade Air will appreciate offsetting losses from the drop in the long position's value.

Moving against Blade Stock

  0.41UP Wheels Up Experience Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Blade Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blade Air 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 Blade Air - 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 Blade Air Mobility to buy it.
The correlation of Blade Air 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 Blade Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blade Air Mobility 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 Blade Air 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 Blade Air Mobility is a strong investment it is important to analyze Blade Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blade Air's future performance. For an informed investment choice regarding Blade Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blade Air Mobility. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Blade Air Mobility information on this page should be used as a complementary analysis to other Blade Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Blade Air's price analysis, check to measure Blade Air'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 Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.
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Is Blade Air'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 Blade Air. If investors know Blade 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 Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
1.244
Quarterly Revenue Growth
2.083
Return On Assets
(0.11)
Return On Equity
(0.24)
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air'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 Blade Air's market value can be influenced by many factors that don't directly affect Blade Air'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 Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air'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.