Blue Foundry Bancorp Stock Probability of Future Stock Price Finishing Under 5.33
| BLFY Stock | USD 11.09 0.13 1.16% |
Blue |
Blue Foundry Target Price Odds to finish below 5.33
The tendency of Blue 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 drop to $ 5.33 or more in 90 days |
| 11.09 | 90 days | 5.33 | near 1 |
Based on a normal probability distribution, the odds of Blue Foundry to drop to $ 5.33 or more in 90 days from now is near 1 (This Blue Foundry Bancorp probability density function shows the probability of Blue Stock to fall within a particular range of prices over 90 days) . Probability of Blue Foundry Bancorp price to stay between $ 5.33 and its current price of $11.09 at the end of the 90-day period is about 86.28 .
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, Blue Foundry will likely underperform. Additionally Blue Foundry Bancorp 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. Blue Foundry Price Density |
| Price |
Predictive Modules for Blue Foundry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blue Foundry Bancorp. 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.Blue Foundry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blue Foundry is not an exception. The market had few large corrections towards the Blue Foundry'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 Blue Foundry Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blue Foundry 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 | 0.53 | |
Ir | Information ratio | -0.02 |
Blue Foundry 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 Blue Foundry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blue Foundry Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blue Foundry Bancorp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 43.72 M. Net Loss for the year was (7.4 M) with profit before overhead, payroll, taxes, and interest of 55.51 M. | |
| Blue Foundry Bancorp currently holds about 57.32 M in cash with (12.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21. | |
| Blue Foundry Bancorp has a frail financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Blue Foundry Rewards Shareholders With New Share Repurchase Plan - MSN |
Blue Foundry 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 Blue Stock often depends not only on the future outlook of the current and potential Blue Foundry'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. Blue Foundry's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.9 M | |
| Cash And Short Term Investments | 46 M |
Blue Foundry Technical Analysis
Blue Foundry's future price can be derived by breaking down and analyzing its technical indicators over time. Blue Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blue Foundry Bancorp. In general, you should focus on analyzing Blue Stock price patterns and their correlations with different microeconomic environments and drivers.
Blue Foundry Predictive Forecast Models
Blue Foundry's time-series forecasting models is one of many Blue Foundry'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 Blue Foundry'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 Blue Foundry Bancorp
Checking the ongoing alerts about Blue Foundry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blue Foundry Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blue Foundry Bancorp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 43.72 M. Net Loss for the year was (7.4 M) with profit before overhead, payroll, taxes, and interest of 55.51 M. | |
| Blue Foundry Bancorp currently holds about 57.32 M in cash with (12.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21. | |
| Blue Foundry Bancorp has a frail financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Blue Foundry Rewards Shareholders With New Share Repurchase Plan - MSN |
Additional Tools for Blue Stock Analysis
When running Blue Foundry's price analysis, check to measure Blue Foundry'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 Blue Foundry is operating at the current time. Most of Blue Foundry's value examination focuses on studying past and present price action to predict the probability of Blue Foundry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Foundry's price. Additionally, you may evaluate how the addition of Blue Foundry to your portfolios can decrease your overall portfolio volatility.