Black Stock Analysis

BDTX -  USA Stock  

USD 12.65  0.17  1.33%

The big decline in price over the last few months for Black Diamond Therap could raise concerns from investors as the firm it trading at a share price of 12.65 on 283,266 in volume. The company management teams failed to add value to investors and positioning the firm supply of money to exploit market volatility in May. However, diversifying your holdings with Black Diamond Therapeutics or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.87. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Black Diamond partners.
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The Black Diamond stock analysis report makes it easy to digest most publicly released information about Black Diamond and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Black stock analysis module also helps to analyze the Black Diamond price relationship with some important fundamental indicators such as market cap and management efficiency.

Black Stock Analysis Notes

About 101.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 13.87. Black Diamond Therap had not issued any dividends in recent years. Black Diamond Therapeutics, Inc., a biotechnology company, discover and develops small molecule, tumor-agnostic therapies. Black Diamond Therapeutics, Inc. was founded in 2014 and is headquartered in Cambridge, Massachusetts. Black Diamond operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 69 people. For more info on Black Diamond Therapeutics please contact the company at 617 252 0848 or go to http://www.blackdiamondtherapeutics.com.

Black Diamond Therap Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Black Diamond's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Black Diamond Therapeutics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Black Diamond Therap generates negative expected return over the last 90 days
Black Diamond Therap has high historical volatility and very poor performance
Net Loss for the year was (67.25 M).
Black Diamond Therapeutics currently holds about 315.07 M in cash with (52.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.72.
Black Diamond Therap has a frail financial position based on the latest SEC disclosures
Latest headline from www.benzinga.com: Mid-Day Market Update Nasdaq Surges 200 Points Black Diamond Therapeutics Shares Slide - Benzinga

Black Diamond Therap Upcoming and Recent Events

Earnings reports are used by Black Diamond to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Black Diamond previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report10th of August 2021
Next Earnings Report9th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End24th of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Black Largest EPS Surprises

Earnings surprises can significantly impact Black Diamond's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-05-07
2021-03-31-0.677-0.84-0.16324 
2020-02-03
2019-12-31-1.37-4.63-3.26237 
View All Earnings Estimates

Black Diamond SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Black Diamond prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Black Diamond investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Black Diamond Therap specific information freely available to individual and institutional investors to make a timely investment decision.
19th of May 2021
Financial Statements and Exhibits. Other Events. Regulation FD Disclosure
View
7th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
21st of April 2021
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
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25th of March 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
15th of March 2021
Other Events
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11th of February 2021
Unclassified Corporate Event
View
10th of February 2021
Unclassified Corporate Event
View
1st of February 2021
Entry into a Material Definitive Agreement
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Black Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 461.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Black Diamond's market, we take the total number of its shares issued and multiply it by Black Diamond's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Black Profitablity

Black Diamond's profitability indicators refer to fundamental financial ratios that showcase Black Diamond's ability to generate income relative to its revenue or operating costs. If, let's say, Black Diamond is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Black Diamond's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Black Diamond's profitability requires more research than a typical breakdown of Black Diamond's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets(0.19) (0.21) 
Return on Average Equity(0.20) (0.21) 
Return on Invested Capital(0.32) (0.32) 

Management Efficiency

The entity has return on total asset (ROA) of (17.82) % which means that it has lost $17.82 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (29.17) %, meaning that it created substantial loss on money invested by shareholders. Black Diamond management efficiency ratios could be used to measure how well black diamond therap manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to drop to -0.21 in 2021. Return on Average Equity is likely to drop to -0.21 in 2021. Black Diamond Total Assets are fairly stable at the moment as compared to the past year. Black Diamond reported Total Assets of 329.67 Million in 2020. Current Assets is likely to rise to about 344.8 M in 2021, whereas Return on Average Assets are likely to drop (0.21)  in 2021.
Last ReportedProjected for 2021
Book Value per Share 9.35  10.09 
Enterprise Value over EBIT(14.40) (15.54) 
Enterprise Value over EBITDA(14.79) (15.95) 
Price to Book Value 3.37  3.35 
Tangible Assets Book Value per Share 10.02  10.28 
Enterprise Value993.6 M987.8 M
Tangible Asset Value329.7 M355.7 M

Technical Drivers

As of the 17th of June 2021, Black Diamond shows the risk adjusted performance of (0.08), and Mean Deviation of 3.47. Black Diamond Therap 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 interpolate and analyze data for nineteen technical drivers for Black Diamond Therapeutics, which can be compared to its rivals. Please confirm Black Diamond Therap standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Black Diamond Therap is priced correctly, providing market reflects its regular price of 12.65 per share. Given that Black Diamond has jensen alpha of (0.86), we suggest you to validate Black Diamond Therapeutics's prevailing market performance to make sure the company can sustain itself at a future point.

Black Diamond Therap Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Black Diamond Therap more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Black Diamond Therap Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Black Diamond insiders, such as employees or executives, is commonly permitted as long as it does not rely on Black Diamond's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Black Diamond insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shah Rajeev M over three weeks ago via Macroaxis 
Black Diamond exotic insider transaction detected
Hatzisschoch Brent over a month ago via Macroaxis 
Exercise or conversion by Hatzisschoch Brent of 4078 shares of Black Diamond subject to Rule 16b-3
Roberts Christopher D over a month ago via Macroaxis 
Exercise or conversion by Roberts Christopher D of 2500 shares of Black Diamond subject to Rule 16b-3
Kulkarni Samarth over a month ago via Macroaxis 
Acquisition by Kulkarni Samarth of 14921 shares of Black Diamond subject to Rule 16b-3
Hatzisschoch Brent over two months ago via Macroaxis 
Exercise or conversion by Hatzisschoch Brent of 179915 shares of Black Diamond subject to Rule 16b-3
Roberts Christopher D over two months ago via Macroaxis 
Exercise or conversion by Roberts Christopher D of 2500 shares of Black Diamond subject to Rule 16b-3
Shah Rajeev M over two months ago via Macroaxis 
Black Diamond exotic insider transaction detected
Shah Rajeev M over two months ago via Macroaxis 
Black Diamond exotic insider transaction detected
Hatzisschoch Brent over three months ago via Macroaxis 
Exercise or conversion by Hatzisschoch Brent of 4078 shares of Black Diamond subject to Rule 16b-3
Roberts Christopher D over three months ago via Macroaxis 
Exercise or conversion by Roberts Christopher D of 2500 shares of Black Diamond subject to Rule 16b-3
Roberts Christopher D over three months ago via Macroaxis 
Acquisition by Roberts Christopher D of 75000 shares of Black Diamond subject to Rule 16b-3
Hatzisschoch Brent over three months ago via Macroaxis 
Exercise or conversion by Hatzisschoch Brent of 4078 shares of Black Diamond subject to Rule 16b-3

Black Diamond Predictive Daily Indicators

Black Diamond intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Black Diamond stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Black Diamond Forecast Models

Black Diamond time-series forecasting models is one of many Black Diamond's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Black Diamond's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Black Diamond Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Black Diamond stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Black shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Black Diamond. By using and applying Black Stock analysis, traders can create a robust methodology for identifying Black entry and exit points for their positions.
Black Diamond Therapeutics, Inc., a biotechnology company, discover and develops small molecule, tumor-agnostic therapies. Black Diamond Therapeutics, Inc. was founded in 2014 and is headquartered in Cambridge, Massachusetts. Black Diamond operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 69 people.

Current Black Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Black analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Black analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
46.4Strong Buy5Odds
Black Diamond Therapeutics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Black analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Black stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Black Diamond Therap, talking to its executives and customers, or listening to Black conference calls.
Black Analyst Advice Details

Black Stock Analysis Indicators

Black Diamond Therapeutics stock analysis indicators help investors evaluate how Black Diamond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Black Diamond shares will generate the highest return on investment. By understating and applying Black Diamond stock analysis, traders can identify Black Diamond position entry and exit signals to maximize returns.
Quick Ratio22.16
Fifty Two Week Low12.34
Shares Short Prior Month3.65M
Average Daily Volume Last 10 Day850.7k
Average Daily Volume In Three Month702.26k
Shares Percent Shares Out12.96%
Short Percent Of Float20.77%
Forward Price Earnings-3.42
Float Shares20.48M
Fifty Two Week High45.97
Enterprise Value To Ebitda-9.36
Fifty Day Average19.98
Two Hundred Day Average26.14
Continue to Trending Equities. Note that the Black Diamond Therap information on this page should be used as a complementary analysis to other Black Diamond'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Black Diamond Stock analysis

When running Black Diamond Therap stock analysis, check to measure Black Diamond'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 Black Diamond is operating at the current time. Most of Black Diamond's stock examination focuses on studying past and present price action to predict the probability of Black Diamond's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Black Diamond's price. Additionally, you may evaluate how the addition of Black Diamond to your portfolios can decrease your overall portfolio volatility.
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The market value of Black Diamond Therap is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Diamond stock's value that differs from its market value or its book value, called intrinsic value, which is Black Diamond'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 Black Diamond's market value can be influenced by many factors that don't directly affect Black Diamond Therap underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Diamond's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Black Diamond value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Diamond's stock 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.