Blng Etf Price Prediction
| BLNG Etf | USD 10.24 0.01 0.1% |
Oversold Vs Overbought
72
Oversold | Overbought |
Using BLNG hype-based prediction, you can estimate the value of BLNG from the perspective of BLNG response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in BLNG to buy its etf at a price that has no basis in reality. In that case, they are not buying BLNG because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
BLNG after-hype prediction price | $ 10.24 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
BLNG |
BLNG After-Hype Price Prediction Density Analysis
As far as predicting the price of BLNG at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in BLNG or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of BLNG, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
BLNG Estimiated After-Hype Price Volatility
In the context of predicting BLNG's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BLNG's historical news coverage. BLNG's after-hype downside and upside margins for the prediction period are 10.24 and 10.24, respectively. We have considered BLNG's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
BLNG is very steady at this time. Analysis and calculation of next after-hype price of BLNG is based on 3 months time horizon.
BLNG Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as BLNG is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BLNG backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with BLNG, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.00 | 0.00 | 0.00 | 1 Events / Month | 0 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.24 | 10.24 | 0.00 |
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BLNG Hype Timeline
BLNG is currently traded for 10.24. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. BLNG is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on BLNG is about 0.0%, with the expected price after the next announcement by competition of 10.24. About 92.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. BLNG had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be very soon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.BLNG Related Hype Analysis
Having access to credible news sources related to BLNG's direct competition is more important than ever and may enhance your ability to predict BLNG's future price movements. Getting to know how BLNG's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how BLNG may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CNHC | China Health Management | 0.00 | 0 per month | 0.00 | (0.01) | 0.00 | 0.00 | 68.57 | |
| GLRI | Glori Energy Technology | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AHFI | Absolute Health and | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 100.00 | |
| EMCG | Embrace Change Acquisition | (0.24) | 1 per month | 0.00 | 0.04 | 0.35 | (0.17) | 3.66 | |
| SPRV | Supurva Healthcare Group | 0.00 | 0 per month | 15.96 | 0.19 | 100.00 | (50.00) | 150.00 | |
| TAKD | TransAKT | 0.00 | 0 per month | 0.00 | 0.16 | 0.00 | (0.50) | 1,097 | |
| ATAQF | Altimar Acquisition Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AVNY | Manaris Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| APNCW | Apeiron Capital Investment | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AOAO | Alpha One | 0.00 | 0 per month | 0.00 | (0.12) | 0.00 | 0.00 | 36.55 | |
| FLAG | Exchange Traded Concepts | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GBBK | Global Blockchain Acquisition | 0.00 | 0 per month | 0.40 | (0.01) | 0.63 | (0.72) | 3.51 |
BLNG Additional Predictive Modules
Most predictive techniques to examine BLNG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BLNG using various technical indicators. When you analyze BLNG 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About BLNG Predictive Indicators
The successful prediction of BLNG 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 BLNG, 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 BLNG based on analysis of BLNG hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to BLNG's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to BLNG's related companies.
Story Coverage note for BLNG
The number of cover stories for BLNG depends on current market conditions and BLNG's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BLNG is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about BLNG's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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BLNG Short Properties
BLNG's future price predictability will typically decrease when BLNG's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of BLNG often depends not only on the future outlook of the potential BLNG'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. BLNG's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.5 M | |
| Cash And Short Term Investments | 780.7 K |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of BLNG is measured differently than its book value, which is the value of BLNG that is recorded on the company's balance sheet. Investors also form their own opinion of BLNG's value that differs from its market value or its book value, called intrinsic value, which is BLNG'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 BLNG's market value can be influenced by many factors that don't directly affect BLNG'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 BLNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if BLNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BLNG'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.