Jerash Holdings Stock Probability of Future Stock Price Finishing Over 8.06
| JRSH Stock | USD 3.41 0.03 0.87% |
Jerash |
Jerash Holdings Target Price Odds to finish over 8.06
The tendency of Jerash 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 $ 8.06 or more in 90 days |
| 3.41 | 90 days | 8.06 | close to zero percent |
Based on a normal probability distribution, the odds of Jerash Holdings to move over $ 8.06 or more in 90 days from now is close to zero percent (This Jerash Holdings probability density function shows the probability of Jerash Stock to fall within a particular range of prices over 90 days) . Probability of Jerash Holdings price to stay between its current price of $ 3.41 and $ 8.06 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Jerash Holdings has a beta of 0.0697. This indicates as returns on the market go up, Jerash Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jerash Holdings will be expected to be much smaller as well. Additionally Jerash Holdings has an alpha of 0.221, implying that it can generate a 0.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jerash Holdings Price Density |
| Price |
Predictive Modules for Jerash Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jerash Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jerash Holdings' 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.
Jerash Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jerash Holdings is not an exception. The market had few large corrections towards the Jerash Holdings' 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 Jerash Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jerash Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.22 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.06 |
Jerash Holdings 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 Jerash Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jerash Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 117.19 M. Net Loss for the year was (2.01 M) with profit before overhead, payroll, taxes, and interest of 27.33 M. | |
| Jerash Holdings has a strong financial position based on the latest SEC filings | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jerash Holdings , Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Jerash Holdings 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 Jerash Stock often depends not only on the future outlook of the current and potential Jerash Holdings' 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. Jerash Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.3 M | |
| Cash And Short Term Investments | 12.4 M |
Jerash Holdings Technical Analysis
Jerash Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Jerash Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jerash Holdings. In general, you should focus on analyzing Jerash Stock price patterns and their correlations with different microeconomic environments and drivers.
Jerash Holdings Predictive Forecast Models
Jerash Holdings' time-series forecasting models is one of many Jerash Holdings' 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 Jerash Holdings' 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 Jerash Holdings
Checking the ongoing alerts about Jerash Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jerash Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the previous year's revenue of 117.19 M. Net Loss for the year was (2.01 M) with profit before overhead, payroll, taxes, and interest of 27.33 M. | |
| Jerash Holdings has a strong financial position based on the latest SEC filings | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jerash Holdings , Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
Check out Jerash Holdings Backtesting, Jerash Holdings Valuation, Jerash Holdings Correlation, Jerash Holdings Hype Analysis, Jerash Holdings Volatility, Jerash Holdings History as well as Jerash Holdings Performance. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jerash Holdings. If investors know Jerash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (0.29) | Revenue Per Share 10.036 | Quarterly Revenue Growth 0.178 | Return On Assets (0.02) |
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.