Blacksky Technology Stock Probability of Future Stock Price Finishing Over 1.28
| BKSY Stock | USD 1.28 0.05 4.07% |
Closest to current price Blacksky long PUT Option Payoff at Expiration
Blacksky |
Blacksky Technology Target Price Odds to finish over 1.28
The tendency of Blacksky 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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1.28 | 90 days | 1.28 | about 79.34 |
Based on a normal probability distribution, the odds of Blacksky Technology to move above the current price in 90 days from now is about 79.34 (This Blacksky Technology probability density function shows the probability of Blacksky Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.31 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, Blacksky Technology will likely underperform. Additionally Blacksky Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Blacksky Technology Price Density |
| Price |
Predictive Modules for Blacksky Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blacksky Technology. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Blacksky Technology'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.
Blacksky Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blacksky Technology is not an exception. The market had few large corrections towards the Blacksky Technology'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 Blacksky Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blacksky Technology within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.27 | |
β | Beta against NYSE Composite | 3.31 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.02 |
Blacksky Technology 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 Blacksky Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blacksky Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blacksky Technology may become a speculative penny stock | |
| Blacksky Technology had very high historical volatility over the last 90 days | |
| Blacksky Technology has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 94.49 M. Net Loss for the year was (53.86 M) with profit before overhead, payroll, taxes, and interest of 29.52 M. | |
| Blacksky Technology currently holds about 87.9 M in cash with (17.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Blacksky Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: BlackSky to Host First Quarter 2024 Results Conference Call |
Blacksky Technology 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 Blacksky Stock often depends not only on the future outlook of the current and potential Blacksky Technology'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. Blacksky Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 135.5 M | |
| Cash And Short Term Investments | 53.1 M |
Blacksky Technology Technical Analysis
Blacksky Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Blacksky Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blacksky Technology. In general, you should focus on analyzing Blacksky Stock price patterns and their correlations with different microeconomic environments and drivers.
Blacksky Technology Predictive Forecast Models
Blacksky Technology's time-series forecasting models is one of many Blacksky Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Blacksky Technology'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 Blacksky Technology
Checking the ongoing alerts about Blacksky Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blacksky Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blacksky Technology may become a speculative penny stock | |
| Blacksky Technology had very high historical volatility over the last 90 days | |
| Blacksky Technology has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 94.49 M. Net Loss for the year was (53.86 M) with profit before overhead, payroll, taxes, and interest of 29.52 M. | |
| Blacksky Technology currently holds about 87.9 M in cash with (17.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74. | |
| Blacksky Technology has a poor financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: BlackSky to Host First Quarter 2024 Results Conference Call |
Check out Blacksky Technology Backtesting, Blacksky Technology Valuation, Blacksky Technology Correlation, Blacksky Technology Hype Analysis, Blacksky Technology Volatility, Blacksky Technology History as well as Blacksky Technology Performance. For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Blacksky Stock analysis
When running Blacksky Technology's price analysis, check to measure Blacksky Technology'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 Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to predict the probability of Blacksky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.
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Is Blacksky Technology'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 Blacksky Technology. If investors know Blacksky 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 Blacksky Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 0.698 | Quarterly Revenue Growth 0.829 | Return On Assets (0.15) | Return On Equity (0.50) |
The market value of Blacksky Technology is measured differently than its book value, which is the value of Blacksky that is recorded on the company's balance sheet. Investors also form their own opinion of Blacksky Technology's value that differs from its market value or its book value, called intrinsic value, which is Blacksky Technology'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 Blacksky Technology's market value can be influenced by many factors that don't directly affect Blacksky Technology'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 Blacksky Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blacksky Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blacksky Technology'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.