Johns Lyng (Australia) Probability of Future Stock Price Finishing Over 6.44
| JLG Stock | 4.18 0.03 0.71% |
Johns |
Johns Lyng Target Price Odds to finish over 6.44
The tendency of Johns 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 move over 6.44 or more in 90 days |
| 4.18 | 90 days | 6.44 | near 1 |
Based on a normal probability distribution, the odds of Johns Lyng to move over 6.44 or more in 90 days from now is near 1 (This Johns Lyng Group probability density function shows the probability of Johns Stock to fall within a particular range of prices over 90 days) . Probability of Johns Lyng Group price to stay between its current price of 4.18 and 6.44 at the end of the 90-day period is about 14.35 .
Assuming the 90 days trading horizon Johns Lyng has a beta of 0.91. This indicates Johns Lyng Group market returns are related to returns on the market. As the market goes up or down, Johns Lyng is expected to follow. Additionally Johns Lyng Group has an alpha of 0.0636, implying that it can generate a 0.0636 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Johns Lyng Price Density |
| Price |
Predictive Modules for Johns Lyng
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Johns Lyng 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.Johns Lyng Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Johns Lyng is not an exception. The market had few large corrections towards the Johns Lyng'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 Johns Lyng Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Johns Lyng within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.91 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | 0.02 |
Johns Lyng 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 Johns Lyng for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Johns Lyng Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Johns Lyng Group is unlikely to experience financial distress in the next 2 years | |
| About 24.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Johns Lyng Group Updates Directors Securities Holdings - TipRanks |
Johns Lyng 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 Johns Stock often depends not only on the future outlook of the current and potential Johns Lyng'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. Johns Lyng's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 277.7 M | |
| Cash And Short Term Investments | 73.8 M |
Johns Lyng Technical Analysis
Johns Lyng's future price can be derived by breaking down and analyzing its technical indicators over time. Johns Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johns Lyng Group. In general, you should focus on analyzing Johns Stock price patterns and their correlations with different microeconomic environments and drivers.
Johns Lyng Predictive Forecast Models
Johns Lyng's time-series forecasting models is one of many Johns Lyng's 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 Johns Lyng'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 stock market movement and maximize returns from investment trading.
Things to note about Johns Lyng Group
Checking the ongoing alerts about Johns Lyng for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Johns Lyng Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Johns Lyng Group is unlikely to experience financial distress in the next 2 years | |
| About 24.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Johns Lyng Group Updates Directors Securities Holdings - TipRanks |
Additional Tools for Johns Stock Analysis
When running Johns Lyng's price analysis, check to measure Johns Lyng'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 Johns Lyng is operating at the current time. Most of Johns Lyng's value examination focuses on studying past and present price action to predict the probability of Johns Lyng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johns Lyng's price. Additionally, you may evaluate how the addition of Johns Lyng to your portfolios can decrease your overall portfolio volatility.