Black Stock Probability of Future Stock Price Finishing Over 65.86

BKI
 Stock
  

USD 65.86  1.28  1.91%   

Black Knight's future price is the expected price of Black Knight instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Black Knight performance during a given time horizon utilizing its historical volatility. Price to Book Value is estimated to decrease to 5.47. The current Price to Earnings Ratio is estimated to decrease to 57.95.
  
Black Knight's implied volatility is one of the determining factors in the pricing options written on Black Knight. Implied volatility approximates the future value of Black Knight based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Black Knight over a specific time period. For example, 2022-08-19 CALL at $65.0 is a CALL option contract on Black Knight's common stock with a strick price of 65.0 expiring on 2022-08-19. The contract was last traded on 2022-08-12 at 15:58:09 for $2.1 and, as of today, has 6 days remaining before the expiration. The option is currently trading at a bid price of $1.75, and an ask price of $4.1. The implied volatility as of the 14th of August 2022 is 79.1503. View All Black options

Closest to current price Black long CALL Option Payoff at Expiration

Continue to Black Knight Backtesting, Black Knight Valuation, Black Knight Correlation, Black Knight Hype Analysis, Black Knight Volatility, Black Knight History as well as Black Knight Performance. Please specify Black Knight time horizon, a valid symbol (red box) and a target price (blue box) you would like Black Knight odds to be computed.

Black Knight Target Price Odds to finish over 65.86

The tendency of Black 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 65.86 90 days 65.86 
about 57.59
Based on a normal probability distribution, the odds of Black Knight to move above the current price in 90 days from now is about 57.59 (This Black Knight probability density function shows the probability of Black Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Black Knight has a beta of 0.49 suggesting as returns on the market go up, Black Knight average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Black Knight will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Black Knight is significantly underperforming DOW.
   Black Knight Price Density   
       Price  

Predictive Modules for Black Knight

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Black Knight. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Black Knight's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Black Knight in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
65.6867.1468.60
Details
Intrinsic
Valuation
LowReal ValueHigh
60.4381.1782.64
Details
Naive
Forecast
LowNext ValueHigh
66.3567.8069.26
Details
11 Analysts
Consensus
LowTarget PriceHigh
85.0095.20107.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Black Knight. Your research has to be compared to or analyzed against Black Knight's peers to derive any actionable benefits. When done correctly, Black Knight's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Black Knight.

Black Knight Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Black Knight is not an exception. The market had few large corrections towards the Black Knight'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 Black Knight, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Black Knight within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.09
β
Beta against DOW0.49
σ
Overall volatility
2.56
Ir
Information ratio -0.09

Black Knight 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 Black Knight for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Black Knight can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Black Knight generated a negative expected return over the last 90 days
Black Knight was previously known as BLACK KNIGHT INC and was traded on New York Stock Exchange under the symbol BKFS.
The company has 2.77 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Black Knight has a current ratio of 0.82, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Knight until it has trouble settling it off, either with new capital or with free cash flow. So, Black Knight's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Knight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Knight's use of debt, we should always consider it together with cash and equity.
Black Knight has a strong financial position based on the latest SEC filings
Over 98.0% of Black Knight shares are held by institutions such as insurance companies
Latest headline from sports.yahoo.com: ClearBridge Investments Black Knight s Business is Projected to Slow - Yahoo Sports

Black Knight 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 Black Stock often depends not only on the future outlook of the current and potential Black Knight'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. Black Knight's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.87%
Short Percent Of Float2.16%
Float Shares149.13M
Shares Short Prior Month2.78M
Average Daily Volume Last 10 Day546.33k
Average Daily Volume In Three Month1.04M
Date Short Interest15th of July 2022

Black Knight Technical Analysis

Black Knight's future price can be derived by breaking down and analyzing its technical indicators over time. Black Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Black Knight. In general, you should focus on analyzing Black Stock price patterns and their correlations with different microeconomic environments and drivers.

Black Knight Predictive Forecast Models

Black Knight time-series forecasting models is one of many Black Knight's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Black Knight'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 Black Knight

Checking the ongoing alerts about Black Knight for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Black Knight help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Black Knight Alerts

Black Knight Alerts and Suggestions

Black Knight generated a negative expected return over the last 90 days
Black Knight was previously known as BLACK KNIGHT INC and was traded on New York Stock Exchange under the symbol BKFS.
The company has 2.77 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Black Knight has a current ratio of 0.82, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Knight until it has trouble settling it off, either with new capital or with free cash flow. So, Black Knight's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Knight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Knight's use of debt, we should always consider it together with cash and equity.
Black Knight has a strong financial position based on the latest SEC filings
Over 98.0% of Black Knight shares are held by institutions such as insurance companies
Latest headline from sports.yahoo.com: ClearBridge Investments Black Knight s Business is Projected to Slow - Yahoo Sports
Continue to Black Knight Backtesting, Black Knight Valuation, Black Knight Correlation, Black Knight Hype Analysis, Black Knight Volatility, Black Knight History as well as Black Knight Performance. Note that the Black Knight information on this page should be used as a complementary analysis to other Black Knight's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Black Stock analysis

When running Black Knight price analysis, check to measure Black Knight'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 Black Knight is operating at the current time. Most of Black Knight's value examination focuses on studying past and present price action to predict the probability of Black Knight's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Black Knight's price. Additionally, you may evaluate how the addition of Black Knight to your portfolios can decrease your overall portfolio volatility.
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Is Black Knight's industry 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 Black Knight. If investors know Black 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 Black Knight 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 YOY
0.04
Market Capitalization
10.3 B
Quarterly Revenue Growth YOY
0.092
Return On Assets
0.0352
Return On Equity
0.17
The market value of Black Knight is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Knight's value that differs from its market value or its book value, called intrinsic value, which is Black Knight'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 Black Knight's market value can be influenced by many factors that don't directly affect Black Knight'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 Black Knight's value and its price as these two are different measures arrived at by different means. Investors typically determine Black Knight value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Knight'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.