Jemtec Inc Stock Chance of Future Stock Price Finishing Over 0.86
| JTC Stock | CAD 0.86 0.03 3.37% |
JEMTEC |
JEMTEC Target Price Odds to finish over 0.86
The tendency of JEMTEC 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 above the current price in 90 days |
| 0.86 | 90 days | 0.86 | about 14.88 |
Based on a normal probability distribution, the odds of JEMTEC to move above the current price in 90 days from now is about 14.88 (This JEMTEC Inc probability density function shows the probability of JEMTEC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon JEMTEC Inc has a beta of -0.27. This indicates as returns on the benchmark increase, returns on holding JEMTEC are expected to decrease at a much lower rate. During a bear market, however, JEMTEC Inc is likely to outperform the market. Additionally JEMTEC Inc has an alpha of 0.3913, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). JEMTEC Price Density |
| Price |
Predictive Modules for JEMTEC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JEMTEC Inc. 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.JEMTEC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JEMTEC is not an exception. The market had few large corrections towards the JEMTEC'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 JEMTEC Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JEMTEC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.07 |
JEMTEC 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 JEMTEC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JEMTEC Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JEMTEC Inc has some characteristics of a very speculative penny stock | |
| JEMTEC Inc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.44 M. Net Loss for the year was (201.38 K) with profit before overhead, payroll, taxes, and interest of 1.77 M. | |
| JEMTEC Inc has accumulated about 2.09 M in cash with (11.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77. | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jemtec Inc. Reports Strong Financial Performance - TipRanks |
JEMTEC 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 JEMTEC Stock often depends not only on the future outlook of the current and potential JEMTEC'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. JEMTEC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.8 M | |
| Shares Float | 1.4 M |
JEMTEC Technical Analysis
JEMTEC's future price can be derived by breaking down and analyzing its technical indicators over time. JEMTEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JEMTEC Inc. In general, you should focus on analyzing JEMTEC Stock price patterns and their correlations with different microeconomic environments and drivers.
JEMTEC Predictive Forecast Models
JEMTEC's time-series forecasting models is one of many JEMTEC'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 JEMTEC'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 JEMTEC Inc
Checking the ongoing alerts about JEMTEC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JEMTEC Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JEMTEC Inc has some characteristics of a very speculative penny stock | |
| JEMTEC Inc had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.44 M. Net Loss for the year was (201.38 K) with profit before overhead, payroll, taxes, and interest of 1.77 M. | |
| JEMTEC Inc has accumulated about 2.09 M in cash with (11.84 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77. | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Jemtec Inc. Reports Strong Financial Performance - TipRanks |
Additional Tools for JEMTEC Stock Analysis
When running JEMTEC's price analysis, check to measure JEMTEC'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 JEMTEC is operating at the current time. Most of JEMTEC's value examination focuses on studying past and present price action to predict the probability of JEMTEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JEMTEC's price. Additionally, you may evaluate how the addition of JEMTEC to your portfolios can decrease your overall portfolio volatility.