Juhayna Food (Egypt) Probability of Future Stock Price Finishing Over 45.85
| JUFO Stock | 32.01 0.29 0.91% |
Juhayna |
Juhayna Food Target Price Odds to finish over 45.85
The tendency of Juhayna 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 45.85 or more in 90 days |
| 32.01 | 90 days | 45.85 | near 1 |
Based on a normal probability distribution, the odds of Juhayna Food to move over 45.85 or more in 90 days from now is near 1 (This Juhayna Food Industries probability density function shows the probability of Juhayna Stock to fall within a particular range of prices over 90 days) . Probability of Juhayna Food Industries price to stay between its current price of 32.01 and 45.85 at the end of the 90-day period is about 17.98 .
Assuming the 90 days trading horizon Juhayna Food Industries has a beta of -0.3. This indicates as returns on the benchmark increase, returns on holding Juhayna Food are expected to decrease at a much lower rate. During a bear market, however, Juhayna Food Industries is likely to outperform the market. Additionally Juhayna Food Industries has an alpha of 0.7117, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Juhayna Food Price Density |
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Predictive Modules for Juhayna Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Juhayna Food Industries. 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.Juhayna Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Juhayna Food is not an exception. The market had few large corrections towards the Juhayna Food'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 Juhayna Food Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Juhayna Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 4.06 | |
Ir | Information ratio | 0.11 |
Juhayna Food 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 Juhayna Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Juhayna Food Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Juhayna Food appears to be risky and price may revert if volatility continues |
Juhayna Food Technical Analysis
Juhayna Food's future price can be derived by breaking down and analyzing its technical indicators over time. Juhayna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Juhayna Food Industries. In general, you should focus on analyzing Juhayna Stock price patterns and their correlations with different microeconomic environments and drivers.
Juhayna Food Predictive Forecast Models
Juhayna Food's time-series forecasting models is one of many Juhayna Food'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 Juhayna Food'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 Juhayna Food Industries
Checking the ongoing alerts about Juhayna Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Juhayna Food Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Juhayna Food appears to be risky and price may revert if volatility continues |