Joo Fortes (Brazil) Probability of Future Stock Price Finishing Under 54.79
| JFEN3 Stock | BRL 3.25 0.14 4.50% |
Joo |
Joo Fortes Target Price Odds to finish below 54.79
The tendency of Joo 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 under R$ 54.79 after 90 days |
| 3.25 | 90 days | 54.79 | close to 99 |
Based on a normal probability distribution, the odds of Joo Fortes to stay under R$ 54.79 after 90 days from now is close to 99 (This Joo Fortes Engenharia probability density function shows the probability of Joo Stock to fall within a particular range of prices over 90 days) . Probability of Joo Fortes Engenharia price to stay between its current price of R$ 3.25 and R$ 54.79 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days trading horizon Joo Fortes Engenharia has a beta of -1.39. This indicates as returns on its benchmark rise, returns on holding Joo Fortes Engenharia are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Joo Fortes is expected to outperform its benchmark. Additionally Joo Fortes Engenharia 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. Joo Fortes Price Density |
| Price |
Predictive Modules for Joo Fortes
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Joo Fortes Engenharia. 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.Joo Fortes Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Joo Fortes is not an exception. The market had few large corrections towards the Joo Fortes' 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 Joo Fortes Engenharia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Joo Fortes within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | -1.39 | |
σ | Overall volatility | 1.03 | |
Ir | Information ratio | -0.04 |
Joo Fortes 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 Joo Fortes for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Joo Fortes Engenharia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Joo Fortes generated a negative expected return over the last 90 days | |
| Joo Fortes has high historical volatility and very poor performance | |
| Joo Fortes Engenharia has accumulated 585.25 M in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Joo Fortes Engenharia has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Joo Fortes until it has trouble settling it off, either with new capital or with free cash flow. So, Joo Fortes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Joo Fortes Engenharia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joo to invest in growth at high rates of return. When we think about Joo Fortes' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.98 M. Net Loss for the year was (168.66 M) with loss before overhead, payroll, taxes, and interest of (6.39 M). | |
| Joo Fortes Engenharia has accumulated about 9.74 M in cash with (9.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 98.0% of Joo Fortes shares are held by company insiders |
Joo Fortes 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 Joo Stock often depends not only on the future outlook of the current and potential Joo Fortes' 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. Joo Fortes' indicators that are reflective of the short sentiment are summarized in the table below.
Joo Fortes Technical Analysis
Joo Fortes' future price can be derived by breaking down and analyzing its technical indicators over time. Joo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Joo Fortes Engenharia. In general, you should focus on analyzing Joo Stock price patterns and their correlations with different microeconomic environments and drivers.
Joo Fortes Predictive Forecast Models
Joo Fortes' time-series forecasting models is one of many Joo Fortes' 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 Joo Fortes' 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 Joo Fortes Engenharia
Checking the ongoing alerts about Joo Fortes for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Joo Fortes Engenharia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Joo Fortes generated a negative expected return over the last 90 days | |
| Joo Fortes has high historical volatility and very poor performance | |
| Joo Fortes Engenharia has accumulated 585.25 M in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Joo Fortes Engenharia has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Joo Fortes until it has trouble settling it off, either with new capital or with free cash flow. So, Joo Fortes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Joo Fortes Engenharia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joo to invest in growth at high rates of return. When we think about Joo Fortes' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.98 M. Net Loss for the year was (168.66 M) with loss before overhead, payroll, taxes, and interest of (6.39 M). | |
| Joo Fortes Engenharia has accumulated about 9.74 M in cash with (9.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Roughly 98.0% of Joo Fortes shares are held by company insiders |
Additional Tools for Joo Stock Analysis
When running Joo Fortes' price analysis, check to measure Joo Fortes' 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 Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.