BlackBerry Free Cash Flow Yield vs Book Value Per Share Analysis

BB Stock

CAD 3.71 0.04 1.09%

BlackBerry financial indicator trend analysis is way more than just evaluating BlackBerry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackBerry is a good investment. Please check the relationship between BlackBerry Free Cash Flow Yield and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackBerry Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between BlackBerry's Free Cash Flow Yield and Book Value Per Share is 0.46. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of BlackBerry, assuming nothing else is changed. The correlation between historical values of BlackBerry's Free Cash Flow Yield and Book Value Per Share 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 Yield of BlackBerry are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., BlackBerry's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from BlackBerry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackBerry 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 BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.At this time, BlackBerry's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 7.3 M, while Selling General Administrative is likely to drop about 171.9 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	681M	643M	645M	612.8M
Cost Of Revenue	251M	237M	333M	316.4M

Total Operating Expenses Cost Of Revenue

BlackBerry fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Short Term Investments	Non Current Liabilities Total	Non Currrent Assets Other
Total Assets		0.68	0.93	0.97	0.99	0.96	0.9	-0.79	0.95	0.97	0.91	0.97	0.84	0.96	-0.07	0.84	0.95	-0.92	0.92	0.96	0.98	0.67	0.03	0.67	0.14	-0.88
Short Long Term Debt Total	0.68		0.57	0.57	0.63	0.49	0.69	-0.36	0.57	0.52	0.83	0.57	0.93	0.51	-0.01	0.24	0.53	-0.48	0.72	0.48	0.74	0.9	0.05	0.94	0.52	-0.37
Other Current Liab	0.93	0.57		0.96	0.86	0.91	0.96	-0.65	0.84	0.91	0.9	0.84	0.8	0.9	-0.1	0.81	0.98	-0.94	0.97	0.91	0.95	0.6	0.05	0.6	0.28	-0.74
Total Current Liabilities	0.97	0.57	0.96		0.95	0.98	0.9	-0.81	0.93	0.98	0.89	0.92	0.77	0.97	-0.09	0.88	0.99	-0.97	0.91	0.98	0.97	0.6	0.03	0.57	0.07	-0.88
Total Stockholder Equity	0.99	0.63	0.86	0.95		0.97	0.82	-0.87	0.97	0.97	0.84	0.98	0.77	0.98	-0.08	0.86	0.92	-0.9	0.84	0.97	0.95	0.61	0.03	0.61	-0.01	-0.94
Property Plant And Equipment Net	0.96	0.49	0.91	0.98	0.97		0.82	-0.87	0.97	1.0	0.8	0.94	0.7	1.0	-0.15	0.92	0.96	-0.95	0.84	1.0	0.94	0.52	0.01	0.5	-0.07	-0.95
Current Deferred Revenue	0.9	0.69	0.96	0.9	0.82	0.82		-0.53	0.75	0.83	0.93	0.81	0.87	0.81	0.05	0.7	0.91	-0.86	0.99	0.81	0.93	0.68	0.15	0.69	0.46	-0.62
Net Debt	-0.79	-0.36	-0.65	-0.81	-0.87	-0.87	-0.53		-0.89	-0.89	-0.63	-0.8	-0.49	-0.89	0.2	-0.8	-0.76	0.81	-0.54	-0.88	-0.75	-0.4	-0.06	-0.29	0.43	0.93
Retained Earnings	0.95	0.57	0.84	0.93	0.97	0.97	0.75	-0.89		0.97	0.82	0.93	0.74	0.96	-0.29	0.82	0.91	-0.87	0.8	0.96	0.93	0.59	-0.1	0.58	-0.07	-0.94
Accounts Payable	0.97	0.52	0.91	0.98	0.97	1.0	0.83	-0.89	0.97		0.83	0.94	0.72	1.0	-0.17	0.9	0.96	-0.95	0.85	1.0	0.95	0.54	0.01	0.52	-0.06	-0.94
Cash	0.91	0.83	0.9	0.89	0.84	0.8	0.93	-0.63	0.82	0.83		0.79	0.95	0.8	-0.1	0.6	0.88	-0.82	0.95	0.8	0.95	0.84	0.05	0.8	0.4	-0.63
Non Current Assets Total	0.97	0.57	0.84	0.92	0.98	0.94	0.81	-0.8	0.93	0.94	0.79		0.71	0.95	0.03	0.88	0.89	-0.88	0.83	0.94	0.9	0.51	0.03	0.53	0.02	-0.91
Cash And Short Term Investments	0.84	0.93	0.8	0.77	0.77	0.7	0.87	-0.49	0.74	0.72	0.95	0.71		0.69	-0.11	0.45	0.76	-0.67	0.9	0.68	0.9	0.93	0.03	0.94	0.51	-0.53
Net Receivables	0.96	0.51	0.9	0.97	0.98	1.0	0.81	-0.89	0.96	1.0	0.8	0.95	0.69		-0.12	0.93	0.95	-0.95	0.83	1.0	0.93	0.51	0.06	0.49	-0.09	-0.96
Common Stock Shares Outstanding	-0.07	-0.01	-0.1	-0.09	-0.08	-0.15	0.05	0.2	-0.29	-0.17	-0.1	0.03	-0.11	-0.12		0.08	-0.13	0.02	-0.04	-0.15	-0.14	-0.13	0.43	-0.14	0.11	0.14
Inventory	0.84	0.24	0.81	0.88	0.86	0.92	0.7	-0.8	0.82	0.9	0.6	0.88	0.45	0.93	0.08		0.86	-0.91	0.69	0.93	0.77	0.25	0.2	0.24	-0.19	-0.91
Other Current Assets	0.95	0.53	0.98	0.99	0.92	0.96	0.91	-0.76	0.91	0.96	0.88	0.89	0.76	0.95	-0.13	0.86		-0.96	0.93	0.96	0.96	0.58	-0.02	0.56	0.13	-0.84
Other Stockholder Equity	-0.92	-0.48	-0.94	-0.97	-0.9	-0.95	-0.86	0.81	-0.87	-0.95	-0.82	-0.88	-0.67	-0.95	0.02	-0.91	-0.96		-0.86	-0.95	-0.91	-0.46	-0.13	-0.42	-0.01	0.85
Total Liab	0.92	0.72	0.97	0.91	0.84	0.84	0.99	-0.54	0.8	0.85	0.95	0.83	0.9	0.83	-0.04	0.69	0.93	-0.86		0.83	0.95	0.72	0.03	0.74	0.47	-0.65
Property Plant And Equipment Gross	0.96	0.48	0.91	0.98	0.97	1.0	0.81	-0.88	0.96	1.0	0.8	0.94	0.68	1.0	-0.15	0.93	0.96	-0.95	0.83		0.93	0.51	0.04	0.49	-0.08	-0.95
Total Current Assets	0.98	0.74	0.95	0.97	0.95	0.94	0.93	-0.75	0.93	0.95	0.95	0.9	0.9	0.93	-0.14	0.77	0.96	-0.91	0.95	0.93		0.75	0.03	0.74	0.23	-0.81
Short Term Debt	0.67	0.9	0.6	0.6	0.61	0.52	0.68	-0.4	0.59	0.54	0.84	0.51	0.93	0.51	-0.13	0.25	0.58	-0.46	0.72	0.51	0.75		0.05	0.94	0.45	-0.38
Other Assets	0.03	0.05	0.05	0.03	0.03	0.01	0.15	-0.06	-0.1	0.01	0.05	0.03	0.03	0.06	0.43	0.2	-0.02	-0.13	0.03	0.04	0.03	0.05		-0.02	0.07	0.0
Short Term Investments	0.67	0.94	0.6	0.57	0.61	0.5	0.69	-0.29	0.58	0.52	0.8	0.53	0.94	0.49	-0.14	0.24	0.56	-0.42	0.74	0.49	0.74	0.94	-0.02		0.58	-0.37
Non Current Liabilities Total	0.14	0.52	0.28	0.07	-0.01	-0.07	0.46	0.43	-0.07	-0.06	0.4	0.02	0.51	-0.09	0.11	-0.19	0.13	-0.01	0.47	-0.08	0.23	0.45	0.07	0.58		0.32
Non Currrent Assets Other	-0.88	-0.37	-0.74	-0.88	-0.94	-0.95	-0.62	0.93	-0.94	-0.94	-0.63	-0.91	-0.53	-0.96	0.14	-0.91	-0.84	0.85	-0.65	-0.95	-0.81	-0.38	0.0	-0.37	0.32

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BlackBerry Account Relationship Matchups

Pair Trading with BlackBerry

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

Moving against BlackBerry Stock

0.55	EOG	Eco Atlantic Oil	Pair Corr
0.42	AEMC	Alaska Energy Metals	Pair Corr

The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.

The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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 Correlation Correlation Matching

When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:

How To Invest In BlackBerry

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Is BlackBerry Stock a good investment?

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What is BlackBerry's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.

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BlackBerry Free Cash Flow Yield vs Book Value Per Share Analysis

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Book Value Per Share

BlackBerry fundamental ratios Correlations

BlackBerry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with BlackBerry

Moving against BlackBerry Stock

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Accounts Payable	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Accounts Payable
Property Plant And Equipment Gross	+ 1.0	Accounts Payable
Property Plant And Equipment Gross	+ 1.0	Net Receivables

Other Stockholder Equity	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.96	Other Current Assets
Non Currrent Assets Other	- 0.96	Net Receivables
Non Currrent Assets Other	- 0.95	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Net Receivables