Jbdi Holdings Limited Stock Probability of Future Stock Price Finishing Over 0.57
| JBDI Stock | 0.59 0.03 4.84% |
JBDI |
JBDI Holdings Target Price Odds to finish over 0.57
The tendency of JBDI 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 stay above 0.57 in 90 days |
| 0.59 | 90 days | 0.57 | about 70.6 |
Based on a normal probability distribution, the odds of JBDI Holdings to stay above 0.57 in 90 days from now is about 70.6 (This JBDI Holdings Limited probability density function shows the probability of JBDI Stock to fall within a particular range of prices over 90 days) . Probability of JBDI Holdings Limited price to stay between 0.57 and its current price of 0.59 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days JBDI Holdings Limited has a beta of -2.05. This indicates as returns on its benchmark rise, returns on holding JBDI Holdings Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, JBDI Holdings is expected to outperform its benchmark. Additionally JBDI Holdings Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. JBDI Holdings Price Density |
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Predictive Modules for JBDI Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JBDI Holdings Limited. 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 JBDI Holdings' 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.
JBDI Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JBDI Holdings is not an exception. The market had few large corrections towards the JBDI Holdings' 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 JBDI Holdings Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JBDI Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.07 | |
β | Beta against Dow Jones | -2.05 | |
σ | Overall volatility | 6.81 | |
Ir | Information ratio | -0.09 |
JBDI Holdings 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 JBDI Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JBDI Holdings Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JBDI Holdings generated a negative expected return over the last 90 days | |
| JBDI Holdings has high historical volatility and very poor performance | |
| JBDI Holdings has some characteristics of a very speculative penny stock | |
| JBDI Holdings has high likelihood to experience some financial distress in the next 2 years | |
| JBDI Holdings has a frail financial position based on the latest SEC disclosures |
JBDI Holdings 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 JBDI Stock often depends not only on the future outlook of the current and potential JBDI Holdings' 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. JBDI Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.8 M |
JBDI Holdings Technical Analysis
JBDI Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. JBDI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JBDI Holdings Limited. In general, you should focus on analyzing JBDI Stock price patterns and their correlations with different microeconomic environments and drivers.
JBDI Holdings Predictive Forecast Models
JBDI Holdings' time-series forecasting models is one of many JBDI Holdings' 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 JBDI Holdings' 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 JBDI Holdings Limited
Checking the ongoing alerts about JBDI Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JBDI Holdings Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JBDI Holdings generated a negative expected return over the last 90 days | |
| JBDI Holdings has high historical volatility and very poor performance | |
| JBDI Holdings has some characteristics of a very speculative penny stock | |
| JBDI Holdings has high likelihood to experience some financial distress in the next 2 years | |
| JBDI Holdings has a frail financial position based on the latest SEC disclosures |
Check out JBDI Holdings Backtesting, JBDI Holdings Valuation, JBDI Holdings Correlation, JBDI Holdings Hype Analysis, JBDI Holdings Volatility, JBDI Holdings History as well as JBDI Holdings Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Trading Companies & Distributors 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 JBDI Holdings. If investors know JBDI 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 JBDI Holdings 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 (0.54) | Earnings Share 0.02 | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0589 |
The market value of JBDI Holdings Limited is measured differently than its book value, which is the value of JBDI that is recorded on the company's balance sheet. Investors also form their own opinion of JBDI Holdings' value that differs from its market value or its book value, called intrinsic value, which is JBDI Holdings' 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 JBDI Holdings' market value can be influenced by many factors that don't directly affect JBDI Holdings' 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 JBDI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if JBDI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JBDI Holdings' 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.