Jack In Stock Forecast - Naive Prediction

JACK Stock  USD 38.46  0.83  2.11%   
The Naive Prediction forecasted value of Jack In The on the next trading day is expected to be 38.37 with a mean absolute deviation of 0.95 and the sum of the absolute errors of 57.90. Jack Stock Forecast is based on your current time horizon. Although Jack In's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Jack In's systematic risk associated with finding meaningful patterns of Jack In fundamentals over time.
  
At this time, Jack In's Inventory Turnover is quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 2.39 this year, although the value of Payables Turnover will most likely fall to 10.56. . The value of Common Stock Shares Outstanding is expected to slide to about 17 M. The value of Net Income Applicable To Common Shares is expected to slide to about 109.8 M.

Open Interest Against 2025-04-17 Jack Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Jack In's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Jack In's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Jack In stock based on available contracts left at the end of a trading day.
4037.5Calls Open InterestPuts Open Interest100%
Please note that to derive more accurate forecasting about market movement from the current Jack In's open interest, investors have to compare it to Jack In's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Jack In is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Jack. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Jack In Cash Forecast

To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Jack In's financial statements, predicting their influence on future market prices.
 
Cash  
First Reported
1991-09-30
Previous Quarter
50.8 M
Current Value
24.7 M
Quarterly Volatility
56.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Jack In is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Jack In The value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Jack In Naive Prediction Price Forecast For the 24th of February

Given 90 days horizon, the Naive Prediction forecasted value of Jack In The on the next trading day is expected to be 38.37 with a mean absolute deviation of 0.95, mean absolute percentage error of 1.54, and the sum of the absolute errors of 57.90.
Please note that although there have been many attempts to predict Jack Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Jack In's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jack In Stock Forecast Pattern

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JavaScript chart by amCharts 3.21.15Jack In Jack In forecast
Backtest Jack InJack In Price PredictionBuy or Sell Advice 

Jack In Forecasted Value

In the context of forecasting Jack In's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Jack In's downside and upside margins for the forecasting period are 35.88 and 40.86, respectively. We have considered Jack In's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
38.46
38.37
Expected Value
40.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Jack In stock data series using in forecasting. Note that when a statistical model is used to represent Jack In stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria118.5427
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9492
MAPEMean absolute percentage error0.0227
SAESum of the absolute errors57.9011
This model is not at all useful as a medium-long range forecasting tool of Jack In The. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Jack In. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Jack In

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jack In. 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 Jack In'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.
Hype
Prediction
LowEstimatedHigh
35.6938.1840.67
Details
Intrinsic
Valuation
LowRealHigh
37.8040.2942.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
37.4539.8842.32
Details
22 Analysts
Consensus
LowTargetHigh
47.0851.7457.43
Details

Other Forecasting Options for Jack In

For every potential investor in Jack, whether a beginner or expert, Jack In's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jack Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jack. Basic forecasting techniques help filter out the noise by identifying Jack In's price trends.

Jack In Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jack In stock to make a market-neutral strategy. Peer analysis of Jack In could also be used in its relative valuation, which is a method of valuing Jack In by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Jack In Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Jack In's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Jack In's current price.

Jack In Market Strength Events

Market strength indicators help investors to evaluate how Jack In stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jack In shares will generate the highest return on investment. By undertsting and applying Jack In stock market strength indicators, traders can identify Jack In The entry and exit signals to maximize returns.

Jack In Risk Indicators

The analysis of Jack In's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Jack In's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jack stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Jack In is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Jack Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jack In The Stock. Highlighted below are key reports to facilitate an investment decision about Jack In The Stock:
Check out Historical Fundamental Analysis of Jack In to cross-verify your projections.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Hotels, Restaurants & Leisure 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 Jack In. If investors know Jack 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 Jack In 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
0.048
Dividend Share
1.76
Earnings Share
(1.87)
Revenue Per Share
80.283
Quarterly Revenue Growth
(0.06)
The market value of Jack In is measured differently than its book value, which is the value of Jack that is recorded on the company's balance sheet. Investors also form their own opinion of Jack In's value that differs from its market value or its book value, called intrinsic value, which is Jack In'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 Jack In's market value can be influenced by many factors that don't directly affect Jack In'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 Jack In's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jack In is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jack In'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.