Jgc Corp Stock Odds of Future Pink Sheet Price Finishing Over 22.96
| JGCCY Stock | USD 16.93 0.13 0.76% |
JGC |
JGC Corp Target Price Odds to finish over 22.96
The tendency of JGC Pink Sheet 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 move over $ 22.96 or more in 90 days |
| 16.93 | 90 days | 22.96 | close to zero percent |
Based on a normal probability distribution, the odds of JGC Corp to move over $ 22.96 or more in 90 days from now is close to zero percent (This JGC Corp probability density function shows the probability of JGC Pink Sheet to fall within a particular range of prices over 90 days) . Probability of JGC Corp price to stay between its current price of $ 16.93 and $ 22.96 at the end of the 90-day period is about 77.48 .
Assuming the 90 days horizon JGC Corp has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding JGC Corp are expected to decrease at a much lower rate. During a bear market, however, JGC Corp is likely to outperform the market. Additionally JGC Corp 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. JGC Corp Price Density |
| Price |
Predictive Modules for JGC Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JGC Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 JGC Corp'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.
JGC Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JGC Corp is not an exception. The market had few large corrections towards the JGC Corp'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 JGC Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JGC Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.07 |
JGC Corp 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 JGC Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JGC Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JGC Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 428.4 B. Net Loss for the year was (35.55 B) with profit before overhead, payroll, taxes, and interest of 45.37 B. |
JGC Corp 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 JGC Pink Sheet often depends not only on the future outlook of the current and potential JGC Corp'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. JGC Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 126.2 M | |
| Cash And Short Term Investments | 288.2 B |
JGC Corp Technical Analysis
JGC Corp's future price can be derived by breaking down and analyzing its technical indicators over time. JGC Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JGC Corp. In general, you should focus on analyzing JGC Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
JGC Corp Predictive Forecast Models
JGC Corp's time-series forecasting models is one of many JGC Corp's pink sheet 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 JGC Corp'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 pink sheet market movement and maximize returns from investment trading.
Things to note about JGC Corp
Checking the ongoing alerts about JGC Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JGC Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JGC Corp generated a negative expected return over the last 90 days | |
| The company reported the revenue of 428.4 B. Net Loss for the year was (35.55 B) with profit before overhead, payroll, taxes, and interest of 45.37 B. |
Additional Tools for JGC Pink Sheet Analysis
When running JGC Corp's price analysis, check to measure JGC Corp'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 JGC Corp is operating at the current time. Most of JGC Corp's value examination focuses on studying past and present price action to predict the probability of JGC Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JGC Corp's price. Additionally, you may evaluate how the addition of JGC Corp to your portfolios can decrease your overall portfolio volatility.