Blacksky Technology Stock Performance
| BKSY Stock | USD 10.68 0.31 2.82% |
Blacksky Technology holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.58, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Blacksky Technology will likely underperform. Use Blacksky Technology value at risk, and the relationship between the information ratio and kurtosis , to analyze future returns on Blacksky Technology.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Blacksky Technology are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Blacksky Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.82) | Five Day Return 1.62 | Year To Date Return (3.26) | Ten Year Return (86.38) | All Time Return (86.38) |
Last Split Factor 1:8 | Last Split Date 2024-09-09 |
1 | BlackSky Technology jumps on U.S. Navys Project Overmatch contract | 09/26/2024 |
2 | Lake Street Capital Raises BlackSky Technology Price Target to 32.00 | 10/03/2024 |
3 | Gartner Set to Report Q3 Earnings Heres What You Should Know | 10/31/2024 |
4 | Limbach Set to Report Q3 Earnings Heres What You Should Know | 11/04/2024 |
5 | Wall Street Analysts See a 134.17 percent Upside in BlackSky Technology Can the Stock Really Move This High | 11/06/2024 |
6 | BlackSky Technology Inc.s 36 percent Jump Shows Its Popularity With Investors | 11/07/2024 |
7 | Q3 2024 Blacksky Technology Inc Earnings Call Transcript | 11/08/2024 |
8 | BlackSky Technology Inc. Short Interest Down 7.4 percent in October | 11/19/2024 |
9 | Disposition of 3541 shares by Lin Christiana L of Blacksky Technology at 2.06 subject to Rule 16b-3 | 11/27/2024 |
10 | BlackSky Technology Inc. Short Interest Down 8.6 percent in November | 12/03/2024 |
11 | Wall Street Analysts Believe BlackSky Technology Could Rally 47.4 percent Heres is How to Trade | 12/09/2024 |
| Begin Period Cash Flow | 37 M |
Blacksky |
Blacksky Technology Relative Risk vs. Return Landscape
If you would invest 608.00 in Blacksky Technology on September 12, 2024 and sell it today you would earn a total of 460.00 from holding Blacksky Technology or generate 75.66% return on investment over 90 days. Blacksky Technology is currently generating 1.0876% in daily expected returns and assumes 6.1963% risk (volatility on return distribution) over the 90 days horizon. In different words, 55% of stocks are less volatile than Blacksky, and 79% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Blacksky Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Blacksky Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Blacksky Technology, and traders can use it to determine the average amount a Blacksky Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1755
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.2 actual daily | 55 55% of assets are less volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Blacksky Technology is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blacksky Technology by adding it to a well-diversified portfolio.
Blacksky Technology Fundamentals Growth
Blacksky Stock prices reflect investors' perceptions of the future prospects and financial health of Blacksky Technology, and Blacksky Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Blacksky Stock performance.
| Return On Equity | -0.41 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.39) % | ||||
| Operating Margin | (0.59) % | ||||
| Current Valuation | 380.81 M | ||||
| Shares Outstanding | 30.78 M | ||||
| Price To Earning | 4.26 X | ||||
| Price To Book | 3.07 X | ||||
| Price To Sales | 3.15 X | ||||
| Revenue | 94.49 M | ||||
| Gross Profit | 29.52 M | ||||
| EBITDA | 434 K | ||||
| Net Income | (53.86 M) | ||||
| Cash And Equivalents | 87.9 M | ||||
| Cash Per Share | 0.74 X | ||||
| Total Debt | 87.16 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.00 X | ||||
| Book Value Per Share | 3.62 X | ||||
| Cash Flow From Operations | (17.42 M) | ||||
| Earnings Per Share | (2.25) X | ||||
| Market Capitalization | 338.26 M | ||||
| Total Asset | 224.07 M | ||||
| Retained Earnings | (598.97 M) | ||||
| Working Capital | 51.84 M | ||||
About Blacksky Technology Performance
Evaluating Blacksky Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Blacksky Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Blacksky Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 25.99 | 27.29 | |
| Return On Tangible Assets | (0.25) | (0.27) | |
| Return On Capital Employed | (0.28) | (0.30) | |
| Return On Assets | (0.24) | (0.25) | |
| Return On Equity | (0.58) | (0.61) |
Things to note about Blacksky Technology performance evaluation
Checking the ongoing alerts about Blacksky Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Blacksky Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Blacksky Technology is way too risky over 90 days horizon | |
| Blacksky Technology appears to be risky and price may revert if volatility continues | |
| Blacksky Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 94.49 M. Net Loss for the year was (53.86 M) with profit before overhead, payroll, taxes, and interest of 29.52 M. | |
| Blacksky Technology currently holds about 87.9 M in cash with (17.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Roughly 60.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Wall Street Analysts Believe BlackSky Technology Could Rally 47.4 percent Heres is How to Trade |
- Analyzing Blacksky Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Blacksky Technology's stock is overvalued or undervalued compared to its peers.
- Examining Blacksky Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Blacksky Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Blacksky Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Blacksky Technology's stock. These opinions can provide insight into Blacksky Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.