Johnson Johnson (Brazil) Probability of Future Stock Price Finishing Under 49.87
| JNJB34 Stock | BRL 61.75 0.98 1.56% |
Johnson |
Johnson Johnson Target Price Odds to finish below 49.87
The tendency of Johnson 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 R$ 49.87 or more in 90 days |
| 61.75 | 90 days | 49.87 | near 1 |
Based on a normal probability distribution, the odds of Johnson Johnson to drop to R$ 49.87 or more in 90 days from now is near 1 (This Johnson Johnson probability density function shows the probability of Johnson Stock to fall within a particular range of prices over 90 days) . Probability of Johnson Johnson price to stay between R$ 49.87 and its current price of R$61.75 at the end of the 90-day period is about 82.38 .
Assuming the 90 days trading horizon Johnson Johnson has a beta of -0.0895. This indicates as returns on the benchmark increase, returns on holding Johnson Johnson are expected to decrease at a much lower rate. During a bear market, however, Johnson Johnson is likely to outperform the market. Additionally Johnson Johnson has an alpha of 0.0013, implying that it can generate a 0.001253 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Johnson Johnson Price Density |
| Price |
Predictive Modules for Johnson Johnson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Johnson Johnson. 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.Johnson Johnson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Johnson Johnson is not an exception. The market had few large corrections towards the Johnson Johnson'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 Johnson Johnson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Johnson Johnson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.09 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | -0.09 |
Johnson Johnson 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 Johnson Stock often depends not only on the future outlook of the current and potential Johnson Johnson'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. Johnson Johnson's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B | |
| Short Long Term Debt | 3.8 B | |
| Cash And Short Term Investments | 31.6 B | |
| Forward Annual Dividend Rate | 1.55 | |
| Shares Float | 39 B |
Johnson Johnson Technical Analysis
Johnson Johnson's future price can be derived by breaking down and analyzing its technical indicators over time. Johnson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johnson Johnson. In general, you should focus on analyzing Johnson Stock price patterns and their correlations with different microeconomic environments and drivers.
Johnson Johnson Predictive Forecast Models
Johnson Johnson's time-series forecasting models is one of many Johnson Johnson'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 Johnson Johnson'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.
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 Johnson Johnson 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, Johnson Johnson's short interest history, or implied volatility extrapolated from Johnson Johnson options trading.
Additional Information and Resources on Investing in Johnson Stock
When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:Check out Johnson Johnson Backtesting, Johnson Johnson Valuation, Johnson Johnson Correlation, Johnson Johnson Hype Analysis, Johnson Johnson Volatility, Johnson Johnson History as well as Johnson Johnson Performance. For information on how to trade Johnson Stock refer to our How to Trade Johnson Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.