Bridgeline Digital Stock Forward View

BLIN Stock  USD 0.75  0.02  2.74%   
Bridgeline Stock outlook is based on your current time horizon.
As of today the relative strength indicator of Bridgeline Digital's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Bridgeline Digital's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Bridgeline Digital, which may create opportunities for some arbitrage if properly timed.
Using Bridgeline Digital hype-based prediction, you can estimate the value of Bridgeline Digital from the perspective of Bridgeline Digital response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Bridgeline Digital on the next trading day is expected to be 0.61 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.71.

Bridgeline Digital after-hype prediction price

    
  USD 0.72  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Bridgeline Digital to cross-verify your projections.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.

Bridgeline Digital Additional Predictive Modules

Most predictive techniques to examine Bridgeline price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bridgeline using various technical indicators. When you analyze Bridgeline charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A naive forecasting model for Bridgeline Digital is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Bridgeline Digital value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Bridgeline Digital Naive Prediction Price Forecast For the 10th of February

Given 90 days horizon, the Naive Prediction forecasted value of Bridgeline Digital on the next trading day is expected to be 0.61 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.71.
Please note that although there have been many attempts to predict Bridgeline Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Bridgeline Digital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bridgeline Digital Stock Forecast Pattern

Backtest Bridgeline Digital  Bridgeline Digital Price Prediction  Research Analysis  

Bridgeline Digital Forecasted Value

In the context of forecasting Bridgeline Digital's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Bridgeline Digital's downside and upside margins for the forecasting period are 0.01 and 4.72, respectively. We have considered Bridgeline Digital's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.75
0.61
Expected Value
4.72
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Bridgeline Digital stock data series using in forecasting. Note that when a statistical model is used to represent Bridgeline Digital stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria111.5208
BiasArithmetic mean of the errors None
MADMean absolute deviation0.028
MAPEMean absolute percentage error0.0308
SAESum of the absolute errors1.7105
This model is not at all useful as a medium-long range forecasting tool of Bridgeline Digital. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Bridgeline Digital. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Bridgeline Digital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bridgeline Digital. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.040.724.82
Details
Intrinsic
Valuation
LowRealHigh
0.091.715.81
Details

Bridgeline Digital After-Hype Price Density Analysis

As far as predicting the price of Bridgeline Digital at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bridgeline Digital or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Bridgeline Digital, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Bridgeline Digital Estimiated After-Hype Price Volatility

In the context of predicting Bridgeline Digital's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bridgeline Digital's historical news coverage. Bridgeline Digital's after-hype downside and upside margins for the prediction period are 0.04 and 4.82, respectively. We have considered Bridgeline Digital's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.75
0.72
After-hype Price
4.82
Upside
Bridgeline Digital is dangerous at this time. Analysis and calculation of next after-hype price of Bridgeline Digital is based on 3 months time horizon.

Bridgeline Digital Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Bridgeline Digital is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bridgeline Digital backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bridgeline Digital, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.62 
4.12
 0.00  
 0.00  
0 Events / Month
2 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.75
0.72
4.20 
0.00  
Notes

Bridgeline Digital Hype Timeline

Bridgeline Digital is currently traded for 0.75. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Bridgeline is forecasted to decline in value after the next headline, with the price expected to drop to 0.72. The average volatility of media hype impact on the company price is insignificant. The price decrease on the next news is expected to be -4.2%, whereas the daily expected return is currently at -0.62%. The volatility of related hype on Bridgeline Digital is about 206000.0%, with the expected price after the next announcement by competition of 0.75. About 28.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.96. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bridgeline Digital recorded a loss per share of 0.25. The entity last dividend was issued on the 2nd of May 2019. The firm had 1:50 split on the 2nd of May 2019. Given the investment horizon of 90 days the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Bridgeline Digital to cross-verify your projections.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.

Bridgeline Digital Related Hype Analysis

Having access to credible news sources related to Bridgeline Digital's direct competition is more important than ever and may enhance your ability to predict Bridgeline Digital's future price movements. Getting to know how Bridgeline Digital's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bridgeline Digital may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TGHLThe GrowHub Limited 0.00 0 per month 0.00 (0.07) 10.53 (14.63) 85.98 
DTSSDatasea 0.00 0 per month 0.00 (0.07) 17.95 (13.00) 35.06 
AMSTAmesite Operating Co(0.01)6 per month 0.00 (0.15) 6.91 (8.49) 30.71 
HUBCHub Cyber Security 0.00 0 per month 0.00 (0.25) 8.91 (17.81) 90.82 
CXAICXApp Inc(0.02)5 per month 0.00 (0.17) 10.00 (13.21) 37.34 
STECSantech Holdings Limited 0.00 0 per month 19.73  0.22  1,000.00 (11.67) 1,100 
SMSISmith Micro Software 0.01 10 per month 0.00 (0.12) 5.45 (6.35) 17.12 
IPMIntelligent Protection Management 0.00 0 per month 0.00 (0.18) 2.27 (2.70) 8.83 
WCTWellchange Holdings 0.00 0 per month 0.00 (0.13) 6.67 (7.69) 31.25 
HTCRHeartCore Enterprises 0.00 0 per month 0.00 (0.24) 9.52 (11.90) 24.04 

Other Forecasting Options for Bridgeline Digital

For every potential investor in Bridgeline, whether a beginner or expert, Bridgeline Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bridgeline Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bridgeline. Basic forecasting techniques help filter out the noise by identifying Bridgeline Digital's price trends.

Bridgeline Digital Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bridgeline Digital stock to make a market-neutral strategy. Peer analysis of Bridgeline Digital could also be used in its relative valuation, which is a method of valuing Bridgeline Digital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Bridgeline Digital Market Strength Events

Market strength indicators help investors to evaluate how Bridgeline Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridgeline Digital shares will generate the highest return on investment. By undertsting and applying Bridgeline Digital stock market strength indicators, traders can identify Bridgeline Digital entry and exit signals to maximize returns.

Bridgeline Digital Risk Indicators

The analysis of Bridgeline Digital's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bridgeline Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bridgeline stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Bridgeline Digital

The number of cover stories for Bridgeline Digital depends on current market conditions and Bridgeline Digital's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bridgeline Digital is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bridgeline Digital's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Bridgeline Digital Short Properties

Bridgeline Digital's future price predictability will typically decrease when Bridgeline Digital's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bridgeline Digital often depends not only on the future outlook of the potential Bridgeline Digital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bridgeline Digital's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding11.2 M
Cash And Short Term Investments1.6 M
When determining whether Bridgeline Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bridgeline Digital'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 Bridgeline Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bridgeline Digital Stock:
Check out Historical Fundamental Analysis of Bridgeline Digital to cross-verify your projections.
To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Application Software sector continue expanding? Could Bridgeline diversify its offerings? Factors like these will boost the valuation of Bridgeline Digital. Projected growth potential of Bridgeline fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Bridgeline Digital data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Bridgeline Digital's market price often diverges from its book value, the accounting figure shown on Bridgeline's balance sheet. Smart investors calculate Bridgeline Digital's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Bridgeline Digital's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Bridgeline Digital's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bridgeline Digital should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Bridgeline Digital'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.