Blade Tangible Asset Value vs Income Tax Expense 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 Tangible Asset Value and its Income Tax Expense 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.
Tangible Asset Value vs Income Tax Expense
Tangible Asset Value vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blade Air Mobility Tangible Asset Value account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Blade Air's Tangible Asset Value and Income Tax Expense is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Income Tax Expense 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 Tangible Asset Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of Blade Air Mobility are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Tangible Asset Value i.e., Blade Air's Tangible Asset Value and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.0 |
| Relationship Direction | Flat |
| Relationship Strength | Insignificant |
Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Income Tax Expense
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 Income | 460K | 3.4M | 8.4M | 5.7M | Net Interest Income | 460K | 3.4M | 8.4M | 8.9M |
Blade Air fundamental ratios Correlations
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Blade Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blade Air Investors Sentiment
The influence of Blade Air's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Blade. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Blade Air's public news can be used to forecast risks associated with an investment in Blade. The trend in average sentiment can be used to explain how an investor holding Blade can time the market purely based on public headlines and social activities around Blade Air Mobility. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Blade Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Blade Air's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Blade Air's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Blade Air.
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 Blade Air 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, Blade Air's short interest history, or implied volatility extrapolated from Blade Air options trading.
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.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.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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Blade Stock analysis
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.