Blackline Safety Corp Stock Probability of Future Pink Sheet Price Finishing Under 4.59
| BLKLF Stock | USD 4.58 0.02 0.44% |
Blackline |
Blackline Safety Target Price Odds to finish below 4.59
The tendency of Blackline Pink Sheet 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 $ 4.59 after 90 days |
| 4.58 | 90 days | 4.59 | about 80.07 |
Based on a normal probability distribution, the odds of Blackline Safety to stay under $ 4.59 after 90 days from now is about 80.07 (This Blackline Safety Corp probability density function shows the probability of Blackline Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Blackline Safety Corp price to stay between its current price of $ 4.58 and $ 4.59 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Blackline Safety has a beta of 0.29 suggesting as returns on the market go up, Blackline Safety average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackline Safety Corp will be expected to be much smaller as well. Additionally Blackline Safety Corp has an alpha of 0.4146, implying that it can generate a 0.41 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blackline Safety Price Density |
| Price |
Predictive Modules for Blackline Safety
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blackline Safety Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Blackline Safety Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blackline Safety is not an exception. The market had few large corrections towards the Blackline Safety'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 Blackline Safety Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blackline Safety within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 0.46 | |
Ir | Information ratio | 0.16 |
Blackline Safety 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 Blackline Safety for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blackline Safety Corp 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 reported the revenue of 72.93 M. Net Loss for the year was (53.65 M) with profit before overhead, payroll, taxes, and interest of 32.24 M. | |
| Blackline Safety Corp has accumulated about 10.49 M in cash with (50.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 30.0% of the company shares are held by company insiders |
Blackline Safety 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 Blackline Pink Sheet often depends not only on the future outlook of the current and potential Blackline Safety'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. Blackline Safety's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 72.1 M |
Blackline Safety Technical Analysis
Blackline Safety's future price can be derived by breaking down and analyzing its technical indicators over time. Blackline Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blackline Safety Corp. In general, you should focus on analyzing Blackline Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Blackline Safety Predictive Forecast Models
Blackline Safety's time-series forecasting models is one of many Blackline Safety's pink sheet 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 Blackline Safety'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Blackline Safety Corp
Checking the ongoing alerts about Blackline Safety for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blackline Safety Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 72.93 M. Net Loss for the year was (53.65 M) with profit before overhead, payroll, taxes, and interest of 32.24 M. | |
| Blackline Safety Corp has accumulated about 10.49 M in cash with (50.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 30.0% of the company shares are held by company insiders |
Other Information on Investing in Blackline Pink Sheet
Blackline Safety financial ratios help investors to determine whether Blackline Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackline with respect to the benefits of owning Blackline Safety security.