Jbs Sa Stock Chance of Future OTC Stock Price Finishing Under 12.24
| JBSAY Stock | USD 12.31 0.39 3.27% |
JBS |
JBS SA Target Price Odds to finish below 12.24
The tendency of JBS OTC 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 drop to $ 12.24 or more in 90 days |
| 12.31 | 90 days | 12.24 | about 69.79 |
Based on a normal probability distribution, the odds of JBS SA to drop to $ 12.24 or more in 90 days from now is about 69.79 (This JBS SA probability density function shows the probability of JBS OTC Stock to fall within a particular range of prices over 90 days) . Probability of JBS SA price to stay between $ 12.24 and its current price of $12.31 at the end of the 90-day period is about 6.37 .
Assuming the 90 days horizon JBS SA has a beta of 0.34. This indicates as returns on the market go up, JBS SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JBS SA will be expected to be much smaller as well. Additionally JBS SA 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. JBS SA Price Density |
| Price |
Predictive Modules for JBS SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JBS SA. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.JBS SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JBS SA is not an exception. The market had few large corrections towards the JBS SA'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 JBS SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JBS SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.36 | |
Ir | Information ratio | -0.1 |
JBS SA 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 JBS OTC Stock often depends not only on the future outlook of the current and potential JBS SA'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. JBS SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.3 B |
JBS SA Technical Analysis
JBS SA's future price can be derived by breaking down and analyzing its technical indicators over time. JBS OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JBS SA. In general, you should focus on analyzing JBS OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
JBS SA Predictive Forecast Models
JBS SA's time-series forecasting models is one of many JBS SA's otc 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 JBS SA'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 otc stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JBS SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JBS SA's short interest history, or implied volatility extrapolated from JBS SA options trading.
Additional Tools for JBS OTC Stock Analysis
When running JBS SA's price analysis, check to measure JBS SA'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 JBS SA is operating at the current time. Most of JBS SA's value examination focuses on studying past and present price action to predict the probability of JBS SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBS SA's price. Additionally, you may evaluate how the addition of JBS SA to your portfolios can decrease your overall portfolio volatility.