Blackline Stock Statistic Functions Beta

BL Stock  USD 46.91  4.91  9.48%   
Blackline statistic functions tool provides the execution environment for running the Beta function and other technical functions against Blackline. Blackline value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Blackline statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Blackline correlated with the market. If Beta is less than 0 Blackline generally moves in the opposite direction as compared to the market. If Blackline Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Blackline is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Blackline is generally in the same direction as the market. If Beta > 1 Blackline moves generally in the same direction as, but more than the movement of the benchmark.

Blackline Technical Analysis Modules

Most technical analysis of Blackline help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Blackline from various momentum indicators to cycle 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 Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blackline. We use our internally-developed statistical techniques to arrive at the intrinsic value of Blackline based on widely used predictive technical indicators. In general, we focus on analyzing Blackline Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Blackline's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Blackline's intrinsic value. In addition to deriving basic predictive indicators for Blackline, we also check how macroeconomic factors affect Blackline price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2025 2026 (projected)
Days Sales Outstanding106.1699.52114.45128.15
PTB Ratio14.568.457.619.04
Hype
Prediction
LowEstimatedHigh
44.6146.9149.21
Details
Intrinsic
Valuation
LowRealHigh
31.9434.2451.60
Details
Naive
Forecast
LowNextHigh
47.1149.4151.71
Details
14 Analysts
Consensus
LowTargetHigh
56.0061.5468.31
Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Blackline. Projected growth potential of Blackline fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Blackline assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.68)
Earnings Share
1.1
Revenue Per Share
11.043
Quarterly Revenue Growth
0.075
Return On Assets
0.0124
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline'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 Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Blackline's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Blackline should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Blackline's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.