Bridgeline Digital Stock Probability of Future Stock Price Finishing Over 0.84
| BLIN Stock | USD 1.14 0.02 1.79% |
Bridgeline |
Bridgeline Digital Target Price Odds to finish over 0.84
The tendency of Bridgeline 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 above $ 0.84 in 90 days |
| 1.14 | 90 days | 0.84 | close to 99 |
Based on a normal probability distribution, the odds of Bridgeline Digital to stay above $ 0.84 in 90 days from now is close to 99 (This Bridgeline Digital probability density function shows the probability of Bridgeline Stock to fall within a particular range of prices over 90 days) . Probability of Bridgeline Digital price to stay between $ 0.84 and its current price of $1.14 at the end of the 90-day period is about 63.67 .
Given the investment horizon of 90 days Bridgeline Digital has a beta of -0.63 suggesting as returns on the benchmark increase, returns on holding Bridgeline Digital are expected to decrease at a much lower rate. During a bear market, however, Bridgeline Digital is likely to outperform the market. Additionally Bridgeline Digital has an alpha of 0.4587, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bridgeline Digital Price Density |
| Price |
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.Bridgeline Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bridgeline Digital is not an exception. The market had few large corrections towards the Bridgeline Digital'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 Bridgeline Digital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bridgeline Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.09 |
Bridgeline Digital 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 Bridgeline Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bridgeline Digital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bridgeline Digital may become a speculative penny stock | |
| Bridgeline Digital had very high historical volatility over the last 90 days | |
| Bridgeline Digital currently holds 1.09 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Bridgeline Digital has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bridgeline Digital's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 15.88 M. Net Loss for the year was (9.44 M) with profit before overhead, payroll, taxes, and interest of 11.7 M. | |
| About 18.0% of Bridgeline Digital shares are held by company insiders | |
| Latest headline from globenewswire.com: Leading Hardware Distributor Chooses Bridgelines AI-Driven HawkSearch |
Bridgeline Digital 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 Bridgeline Stock often depends not only on the future outlook of the current and 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 Outstanding | 10.4 M | |
| Cash And Short Term Investments | 2.4 M |
Bridgeline Digital Technical Analysis
Bridgeline Digital's future price can be derived by breaking down and analyzing its technical indicators over time. Bridgeline Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bridgeline Digital. In general, you should focus on analyzing Bridgeline Stock price patterns and their correlations with different microeconomic environments and drivers.
Bridgeline Digital Predictive Forecast Models
Bridgeline Digital's time-series forecasting models is one of many Bridgeline Digital'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 Bridgeline Digital'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 Bridgeline Digital
Checking the ongoing alerts about Bridgeline Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bridgeline Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bridgeline Digital may become a speculative penny stock | |
| Bridgeline Digital had very high historical volatility over the last 90 days | |
| Bridgeline Digital currently holds 1.09 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Bridgeline Digital has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bridgeline Digital's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 15.88 M. Net Loss for the year was (9.44 M) with profit before overhead, payroll, taxes, and interest of 11.7 M. | |
| About 18.0% of Bridgeline Digital shares are held by company insiders | |
| Latest headline from globenewswire.com: Leading Hardware Distributor Chooses Bridgelines AI-Driven HawkSearch |
Check out Bridgeline Digital Backtesting, Bridgeline Digital Valuation, Bridgeline Digital Correlation, Bridgeline Digital Hype Analysis, Bridgeline Digital Volatility, Bridgeline Digital History as well as Bridgeline Digital Performance. To learn how to invest in Bridgeline Stock, please use our How to Invest in Bridgeline Digital guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Application 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 Bridgeline Digital. If investors know Bridgeline 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 Bridgeline Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.125 | Earnings Share (0.93) | Revenue Per Share 1.468 | Quarterly Revenue Growth 0.007 | Return On Assets (0.07) |
The market value of Bridgeline Digital is measured differently than its book value, which is the value of Bridgeline that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgeline Digital's value that differs from its market value or its book value, called intrinsic value, which is Bridgeline Digital'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 Bridgeline Digital's market value can be influenced by many factors that don't directly affect Bridgeline Digital'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 Bridgeline Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgeline Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.