Blackberry Stock Probability of Future Stock Price Finishing Under 3.67
| BB Stock | USD 2.32 0.01 0.43% |
BlackBerry |
BlackBerry Target Price Odds to finish below 3.67
The tendency of BlackBerry Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 3.67 after 90 days |
| 2.32 | 90 days | 3.67 | close to 99 |
Based on a normal probability distribution, the odds of BlackBerry to stay under $ 3.67 after 90 days from now is close to 99 (This BlackBerry probability density function shows the probability of BlackBerry Stock to fall within a particular range of prices over 90 days) . Probability of BlackBerry price to stay between its current price of $ 2.32 and $ 3.67 at the end of the 90-day period is about 81.22 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.52 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BlackBerry will likely underperform. Additionally BlackBerry has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. BlackBerry Price Density |
| Price |
Predictive Modules for BlackBerry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BlackBerry. 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.BlackBerry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BlackBerry is not an exception. The market had few large corrections towards the BlackBerry's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold BlackBerry, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BlackBerry within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 1.52 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.06 |
BlackBerry Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of BlackBerry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BlackBerry can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company generated the yearly revenue of 853 M. Annual Net Loss to common stockholders was (130 M) with gross profit of 467 M. | |
| BlackBerry reports about 295 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11. | |
| BlackBerry has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: BlackBerry AtHoc Nears Key Authorization, Poised To Amplify Federal Cybersecurity And Compliance |
BlackBerry Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of BlackBerry Stock often depends not only on the future outlook of the current and potential BlackBerry'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. BlackBerry's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 584.5 M | |
| Cash And Short Term Investments | 262 M |
BlackBerry Technical Analysis
BlackBerry's future price can be derived by breaking down and analyzing its technical indicators over time. BlackBerry Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BlackBerry. In general, you should focus on analyzing BlackBerry Stock price patterns and their correlations with different microeconomic environments and drivers.
BlackBerry Predictive Forecast Models
BlackBerry's time-series forecasting models is one of many BlackBerry's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary BlackBerry'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.
Things to note about BlackBerry
Checking the ongoing alerts about BlackBerry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BlackBerry help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company generated the yearly revenue of 853 M. Annual Net Loss to common stockholders was (130 M) with gross profit of 467 M. | |
| BlackBerry reports about 295 M in cash with (3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11. | |
| BlackBerry has a poor financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: BlackBerry AtHoc Nears Key Authorization, Poised To Amplify Federal Cybersecurity And Compliance |
Check out BlackBerry Backtesting, BlackBerry Valuation, BlackBerry Correlation, BlackBerry Hype Analysis, BlackBerry Volatility, BlackBerry History as well as BlackBerry Performance. For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Systems Software space 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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 1.083 | Quarterly Revenue Growth 0.098 | Return On Assets (0.02) | Return On Equity (0.18) |
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 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.