Blackline Safety Corp Stock Price Prediction

BLN Stock   6.69  0.14  2.14%   
As of today, the relative strength indicator of Blackline Safety's share price is approaching 46 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Blackline Safety, making its price go up or down.

Momentum 46

 Impartial

 
Oversold
 
Overbought
The successful prediction of Blackline Safety's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Blackline Safety Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Blackline Safety's stock price prediction:
EPS Estimate Current Year
(0.11)
EPS Estimate Next Year
0.045
Wall Street Target Price
9.2857
EPS Estimate Current Quarter
(0.01)
Quarterly Revenue Growth
0.116
Using Blackline Safety hype-based prediction, you can estimate the value of Blackline Safety Corp from the perspective of Blackline Safety response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Blackline Safety to buy its stock at a price that has no basis in reality. In that case, they are not buying Blackline because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Blackline Safety after-hype prediction price

    
  CAD 6.69  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Blackline Safety Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
5.356.838.31
Details
Naive
Forecast
LowNextHigh
5.076.558.03
Details
Earnings
Estimates (0)
LowProjected EPSHigh
00.010.03
Details

Blackline Safety After-Hype Price Prediction Density Analysis

As far as predicting the price of Blackline Safety at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Blackline Safety or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Blackline Safety, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Blackline Safety Estimiated After-Hype Price Volatility

In the context of predicting Blackline Safety's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Blackline Safety's historical news coverage. Blackline Safety's after-hype downside and upside margins for the prediction period are 5.21 and 8.17, respectively. We have considered Blackline Safety's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
6.69
6.69
After-hype Price
8.17
Upside
Blackline Safety is not too volatile at this time. Analysis and calculation of next after-hype price of Blackline Safety Corp is based on 3 months time horizon.

Blackline Safety Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Blackline Safety is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Blackline Safety backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Blackline Safety, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
1.46
  0.01 
  0.04 
1 Events / Month
2 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.69
6.69
0.00 
2,086  
Notes

Blackline Safety Hype Timeline

Blackline Safety Corp is currently traded for 6.69on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of -0.04. Blackline is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.11%. %. The volatility of related hype on Blackline Safety is about 381.2%, with the expected price after the next announcement by competition of 6.65. About 28.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.09. Blackline Safety Corp had not issued any dividends in recent years. The entity had 1:10 split on the 24th of June 2011. Assuming the 90 days trading horizon the next estimated press release will be very soon.
Check out Blackline Safety Basic Forecasting Models to cross-verify your projections.

Blackline Safety Related Hype Analysis

Having access to credible news sources related to Blackline Safety's direct competition is more important than ever and may enhance your ability to predict Blackline Safety's future price movements. Getting to know how Blackline Safety's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Blackline Safety may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
REALReal Matters 0.18 6 per month 0.00 (0.25) 2.35 (3.25) 9.85 
TCSTECSYS Inc(0.73)7 per month 0.00 (0.10) 2.83 (3.08) 9.27 
CVOCoveo Solutions(0.15)8 per month 0.00 (0.11) 4.22 (4.24) 32.61 
TSATTelesat Corp(2.87)11 per month 4.30  0.06  7.75 (8.06) 20.34 
CMGComputer Modelling Group(0.11)5 per month 0.00 (0.20) 2.33 (3.28) 7.68 
QNCQuantum Numbers 0.34 8 per month 7.06  0.23  21.71 (11.31) 48.16 
SYZSylogist(0.16)9 per month 0.00 (0.13) 4.23 (6.68) 15.25 
XTRAXtract One Technologies(0.01)9 per month 0.00 (0.02) 8.54 (6.49) 33.14 
DNDDye Durham(0.31)9 per month 0.00 (0.10) 8.23 (16.73) 54.37 
FLTDrone Delivery Canada(0.01)6 per month 4.40  0.01  8.33 (8.11) 22.67 

Blackline Safety Additional Predictive Modules

Most predictive techniques to examine Blackline price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Blackline using various technical indicators. When you analyze Blackline charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Blackline Safety Predictive Indicators

The successful prediction of Blackline Safety stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Blackline Safety Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Blackline Safety based on analysis of Blackline Safety hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Blackline Safety's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Blackline Safety's related companies.
 2022 2023 2024 2025 (projected)
Days Sales Outstanding148.59130.04117.0489.46
PTB Ratio7.098.227.44.9

Story Coverage note for Blackline Safety

The number of cover stories for Blackline Safety depends on current market conditions and Blackline Safety's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Blackline Safety is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Blackline Safety's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Blackline Safety Short Properties

Blackline Safety's future price predictability will typically decrease when Blackline Safety's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Blackline Safety Corp often depends not only on the future outlook of the 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 Outstanding76.2 M
Cash And Short Term Investments43.1 M

Other Information on Investing in Blackline Stock

Blackline Safety financial ratios help investors to determine whether Blackline Stock 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.