Blackboxstocks Stock Probability of Future Stock Price Finishing Under 3.32
| BLBX Stock | USD 2.62 0.02 0.77% |
Blackboxstocks |
Blackboxstocks Target Price Odds to finish below 3.32
The tendency of Blackboxstocks 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 $ 3.32 after 90 days |
| 2.62 | 90 days | 3.32 | close to 99 |
Based on a normal probability distribution, the odds of Blackboxstocks to stay under $ 3.32 after 90 days from now is close to 99 (This Blackboxstocks probability density function shows the probability of Blackboxstocks Stock to fall within a particular range of prices over 90 days) . Probability of Blackboxstocks price to stay between its current price of $ 2.62 and $ 3.32 at the end of the 90-day period is about 44.02 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.66 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, Blackboxstocks will likely underperform. Additionally Blackboxstocks has an alpha of 0.1243, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blackboxstocks Price Density |
| Price |
Predictive Modules for Blackboxstocks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackboxstocks. 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.Blackboxstocks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blackboxstocks is not an exception. The market had few large corrections towards the Blackboxstocks' 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 Blackboxstocks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blackboxstocks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.66 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | 0.04 |
Blackboxstocks 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 Blackboxstocks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blackboxstocks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blackboxstocks had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 3.11 M. Net Loss for the year was (4.66 M) with profit before overhead, payroll, taxes, and interest of 2.88 M. | |
| Blackboxstocks currently holds about 7.07 M in cash with (3.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56. | |
| Roughly 48.0% of the company shares are held by company insiders |
Blackboxstocks 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 Blackboxstocks Stock often depends not only on the future outlook of the current and potential Blackboxstocks' 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. Blackboxstocks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.2 M | |
| Cash And Short Term Investments | 475.7 K | |
| Shares Float | 1.9 M |
Blackboxstocks Technical Analysis
Blackboxstocks' future price can be derived by breaking down and analyzing its technical indicators over time. Blackboxstocks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blackboxstocks. In general, you should focus on analyzing Blackboxstocks Stock price patterns and their correlations with different microeconomic environments and drivers.
Blackboxstocks Predictive Forecast Models
Blackboxstocks' time-series forecasting models is one of many Blackboxstocks' 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 Blackboxstocks' 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 Blackboxstocks
Checking the ongoing alerts about Blackboxstocks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blackboxstocks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blackboxstocks had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 3.11 M. Net Loss for the year was (4.66 M) with profit before overhead, payroll, taxes, and interest of 2.88 M. | |
| Blackboxstocks currently holds about 7.07 M in cash with (3.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56. | |
| Roughly 48.0% of the company shares are held by company insiders |
Additional Tools for Blackboxstocks Stock Analysis
When running Blackboxstocks' price analysis, check to measure Blackboxstocks' 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 Blackboxstocks is operating at the current time. Most of Blackboxstocks' value examination focuses on studying past and present price action to predict the probability of Blackboxstocks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackboxstocks' price. Additionally, you may evaluate how the addition of Blackboxstocks to your portfolios can decrease your overall portfolio volatility.