Blackline Stock Probability of Future Stock Price Finishing Under 66.19

BL
 Stock
  

USD 65.17  1.68  2.65%   

Blackline's future price is the expected price of Blackline 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 Blackline performance during a given time horizon utilizing its historical volatility. Price to Sales Ratio is expected to hike to 14.63 this year, although Price to Book Value will most likely fall to 15.75.
  
Blackline's implied volatility is one of the determining factors in the pricing options written on Blackline. Implied volatility approximates the future value of Blackline 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 Blackline over a specific time period. For example, 2022-12-16 CALL at $65.0 is a CALL option contract on Blackline's common stock with a strick price of 65.0 expiring on 2022-12-16. The contract was last traded on 2022-12-05 at 11:50:16 for $3.6 and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $2.75, and an ask price of $3.0. The implied volatility as of the 6th of December is 64.151. View All Blackline options

Closest to current price Blackline long CALL Option Payoff at Expiration

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

Blackline Target Price Odds to finish below 66.19

The tendency of Blackline 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 stay under $ 66.19  after 90 days
 65.17 90 days 66.19 
about 79.41
Based on a normal probability distribution, the odds of Blackline to stay under $ 66.19  after 90 days from now is about 79.41 (This Blackline probability density function shows the probability of Blackline Stock to fall within a particular range of prices over 90 days) . Probability of Blackline price to stay between its current price of $ 65.17  and $ 66.19  at the end of the 90-day period is about 5.74 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.01 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Blackline will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Blackline is significantly underperforming NYSE Composite.
   Blackline Price Density   
       Price  

Predictive Modules for Blackline

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. 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 Blackline'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 Blackline in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
57.9662.5467.12
Details
Intrinsic
Valuation
LowReal ValueHigh
56.3078.6483.22
Details
Naive
Forecast
LowNext ValueHigh
55.4560.0464.62
Details
10 Analysts
Consensus
LowTarget PriceHigh
90.00137.30163.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blackline. Your research has to be compared to or analyzed against Blackline's peers to derive any actionable benefits. When done correctly, Blackline'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 Blackline.

Blackline Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Blackline is not an exception. The market had few large corrections towards the Blackline'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, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blackline within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite2.01
σ
Overall volatility
5.42
Ir
Information ratio 0.003921

Blackline 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blackline can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Blackline generated a negative expected return over the last 90 days
Blackline has high historical volatility and very poor performance
The company generated the yearly revenue of 425.71 M. Annual Net Loss to common stockholders was (115.16 M) with gross profit of 327.83 M.
Over 92.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3

Blackline 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 Stock often depends not only on the future outlook of the current and potential Blackline'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's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding56832000.00
Cash And Short Term Investments1198703000.00

Blackline Technical Analysis

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

Blackline Predictive Forecast Models

Blackline time-series forecasting models is one of many Blackline'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 Blackline'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 Blackline

Checking the ongoing alerts about Blackline for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blackline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Blackline generated a negative expected return over the last 90 days
Blackline has high historical volatility and very poor performance
The company generated the yearly revenue of 425.71 M. Annual Net Loss to common stockholders was (115.16 M) with gross profit of 327.83 M.
Over 92.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Exercise or conversion by Thomas Unterman of 1000 shares of Blackline subject to Rule 16b-3
Continue to Blackline Backtesting, Blackline Valuation, Blackline Correlation, Blackline Hype Analysis, Blackline Volatility, Blackline History as well as Blackline Performance. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Blackline price analysis, check to measure Blackline'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 Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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Is Blackline'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 Blackline. If investors know Blackline 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 Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.23
Return On Assets
(0.0248) 
Return On Equity
(0.33) 
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.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackline value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline'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.