Backblaze Stock Price Patterns

Intrinsic Valuation Low Real High 2.73 5.53 8.33 Details

6 Analysts Consensus Low Target High 9.15 10.06 11.16 Details

Earnings Estimates (0) Low Projected EPS High -0.06 -0.01 0.03 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Backblaze. Your research has to be compared to or analyzed against Backblaze's peers to derive any actionable benefits. When done correctly, Backblaze's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Backblaze.

Backblaze After-Hype Price Density Analysis

Backblaze Estimiated After-Hype Price Volatility

Backblaze Stock Price Outlook Analysis

Notes

Backblaze Hype Timeline

Backblaze is currently traded for 4.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Backblaze is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at -0.42%. %. The volatility of related hype on Backblaze is about 12727.27%, with the expected price after the next announcement by competition of 4.06. About 54.0% of the company shares are held by institutions such as insurance companies. The book value of Backblaze was currently reported as 1.44. The company recorded a loss per share of 0.66. Backblaze had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 4 days. Check out Backblaze Basic Forecasting Models to cross-verify your projections. For information on how to trade Backblaze Stock refer to our How to Trade Backblaze Stock guide.

Backblaze Related Hype Analysis

Backblaze Additional Predictive Modules

Most predictive techniques to examine Backblaze price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Backblaze using various technical indicators. When you analyze Backblaze 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.

The successful prediction of Backblaze 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 Backblaze, 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 Backblaze based on analysis of Backblaze hews, social hype, general headline patterns, and widely used predictive technical indicators.

When running Backblaze's price analysis, check to measure Backblaze'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 Backblaze is operating at the current time. Most of Backblaze's value examination focuses on studying past and present price action to predict the probability of Backblaze's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Backblaze's price. Additionally, you may evaluate how the addition of Backblaze to your portfolios can decrease your overall portfolio volatility.