Johnson Service Stock Forward View - 8 Period Moving Average

JSG Stock   148.20  1.20  0.82%   
Johnson Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Johnson Service stock prices and determine the direction of Johnson Service Group's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Johnson Service's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of Johnson Service's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Johnson Service, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Johnson Service's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Johnson Service and does not consider all of the tangible or intangible factors available from Johnson Service's fundamental data. We analyze noise-free headlines and recent hype associated with Johnson Service Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Johnson Service's stock price prediction:
Quarterly Earnings Growth
0.074
EPS Estimate Current Year
0.1208
EPS Estimate Next Year
0.1415
Wall Street Target Price
189.6
Quarterly Revenue Growth
0.055
Using Johnson Service hype-based prediction, you can estimate the value of Johnson Service Group from the perspective of Johnson Service response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of Johnson Service Group on the next trading day is expected to be 146.47 with a mean absolute deviation of 1.77 and the sum of the absolute errors of 93.72.

Johnson Service after-hype prediction price

    
  GBX 148.67  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Johnson Service to cross-verify your projections.

Johnson Service Additional Predictive Modules

Most predictive techniques to examine Johnson price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Johnson using various technical indicators. When you analyze Johnson 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.
An 8-period moving average forecast model for Johnson Service is based on an artificially constructed time series of Johnson Service daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Johnson Service 8 Period Moving Average Price Forecast For the 20th of February

Given 90 days horizon, the 8 Period Moving Average forecasted value of Johnson Service Group on the next trading day is expected to be 146.47 with a mean absolute deviation of 1.77, mean absolute percentage error of 4.94, and the sum of the absolute errors of 93.72.
Please note that although there have been many attempts to predict Johnson Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Johnson Service's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Johnson Service Stock Forecast Pattern

Backtest Johnson Service  Johnson Service Price Prediction  Research Analysis  

Johnson Service Forecasted Value

In the context of forecasting Johnson Service'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. Johnson Service's downside and upside margins for the forecasting period are 145.17 and 147.78, respectively. We have considered Johnson Service'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
148.20
145.17
Downside
146.47
Expected Value
147.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Johnson Service stock data series using in forecasting. Note that when a statistical model is used to represent Johnson Service 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 Criteria105.0047
BiasArithmetic mean of the errors -0.708
MADMean absolute deviation1.7684
MAPEMean absolute percentage error0.0126
SAESum of the absolute errors93.725
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Johnson Service Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Johnson Service

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Johnson Service Group. 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.
Hype
Prediction
LowEstimatedHigh
147.35148.67149.99
Details
Intrinsic
Valuation
LowRealHigh
133.38176.36177.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
118.05146.02173.99
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.941.982.08
Details

Johnson Service After-Hype Price Density Analysis

As far as predicting the price of Johnson Service 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 Johnson Service 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 Stock prices, such as prices of Johnson Service, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Johnson Service Estimiated After-Hype Price Volatility

In the context of predicting Johnson Service's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Johnson Service's historical news coverage. Johnson Service's after-hype downside and upside margins for the prediction period are 147.35 and 149.99, respectively. We have considered Johnson Service'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
148.20
147.35
Downside
148.67
After-hype Price
149.99
Upside
Johnson Service is very steady at this time. Analysis and calculation of next after-hype price of Johnson Service Group is based on 3 months time horizon.

Johnson Service Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Johnson Service is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Johnson Service 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 Stock 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 Johnson Service, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
1.31
  0.39 
  0.02 
4 Events / Month
2 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
148.20
148.67
0.32 
50.38  
Notes

Johnson Service Hype Timeline

Johnson Service Group is currently traded for 148.20on London Exchange of UK. The entity has historical hype elasticity of 0.39, and average elasticity to hype of competition of 0.02. Johnson is forecasted to increase in value after the next headline, with the price projected to jump to 148.67 or above. The average volatility of media hype impact on the company the price is about 50.38%. The price growth on the next news is projected to be 0.32%, whereas the daily expected return is currently at 0.15%. The volatility of related hype on Johnson Service is about 873.33%, with the expected price after the next announcement by competition of 148.22. The company reported the revenue of 513.4 M. Net Income was 35.5 M with profit before overhead, payroll, taxes, and interest of 526.8 M. Assuming the 90 days trading horizon the next forecasted press release will be in about 4 days.
Check out Historical Fundamental Analysis of Johnson Service to cross-verify your projections.

Johnson Service Related Hype Analysis

Having access to credible news sources related to Johnson Service's direct competition is more important than ever and may enhance your ability to predict Johnson Service's future price movements. Getting to know how Johnson Service'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 Johnson Service may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
0K75New Oriental Education(1.87)5 per month 1.83  0.08  3.81 (2.80) 10.90 
OPTOptima Health plc 0.00 4 per month 0.00 (0.05) 2.25 (3.45) 8.86 
0ROZX FAB Silicon Foundries(0.11)1 per month 0.00 (0.04) 3.72 (3.32) 14.35 
0HTGCardinal Health(0.18)8 per month 1.41  0.05  2.13 (2.30) 10.72 
0I04Clean Energy Fuels 0.12 2 per month 2.35  0.10  4.59 (3.98) 16.56 
OPTIOptiBiotix Health Plc(0.25)2 per month 0.00 (0.06) 6.45 (7.14) 27.53 
THRLTarget Healthcare REIT 0.50 6 per month 0.73  0.13  1.99 (1.37) 5.30 
0LJLUniversal Health Services 2.99 7 per month 1.75  0.01  3.11 (2.59) 9.93 

Other Forecasting Options for Johnson Service

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

Johnson Service 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 Johnson Service stock to make a market-neutral strategy. Peer analysis of Johnson Service could also be used in its relative valuation, which is a method of valuing Johnson Service by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Johnson Service Market Strength Events

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

Johnson Service Risk Indicators

The analysis of Johnson Service'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 Johnson Service's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting johnson 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.

Story Coverage note for Johnson Service

The number of cover stories for Johnson Service depends on current market conditions and Johnson Service's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Johnson Service 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 Johnson Service's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Johnson Service Short Properties

Johnson Service's future price predictability will typically decrease when Johnson Service's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Johnson Service Group often depends not only on the future outlook of the potential Johnson Service'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. Johnson Service's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding418.2 M
Cash And Short Term Investments11.5 M

Other Information on Investing in Johnson Stock

Johnson Service financial ratios help investors to determine whether Johnson Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Johnson with respect to the benefits of owning Johnson Service security.