Jx Luxventure Limited Stock Probability of Future Stock Price Finishing Under 1.15
| JXJT Stock | USD 1.22 0.02 1.67% |
JXJT |
JX Luxventure Target Price Odds to finish below 1.15
The tendency of JXJT 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 $ 1.15 or more in 90 days |
| 1.22 | 90 days | 1.15 | roughly 2.75 |
Based on a normal probability distribution, the odds of JX Luxventure to drop to $ 1.15 or more in 90 days from now is roughly 2.75 (This JX Luxventure Limited probability density function shows the probability of JXJT Stock to fall within a particular range of prices over 90 days) . Probability of JX Luxventure Limited price to stay between $ 1.15 and its current price of $1.22 at the end of the 90-day period is roughly 2.44 .
Given the investment horizon of 90 days JX Luxventure Limited has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding JX Luxventure are expected to decrease at a much lower rate. During a bear market, however, JX Luxventure Limited is likely to outperform the market. Additionally JX Luxventure Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. JX Luxventure Price Density |
| Price |
Predictive Modules for JX Luxventure
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JX Luxventure Limited. 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.JX Luxventure Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JX Luxventure is not an exception. The market had few large corrections towards the JX Luxventure'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 JX Luxventure Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JX Luxventure within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.12 |
JX Luxventure 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 JX Luxventure for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JX Luxventure Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JX Luxventure generated a negative expected return over the last 90 days | |
| JX Luxventure has high historical volatility and very poor performance | |
| JX Luxventure may become a speculative penny stock | |
| JX Luxventure is unlikely to experience financial distress in the next 2 years | |
| JX Luxventure Limited currently holds about 11.08 M in cash with (4.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| JX Luxventure has a poor financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: JX Luxventure Limited Short Interest Update |
JX Luxventure 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 JXJT Stock often depends not only on the future outlook of the current and potential JX Luxventure'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. JX Luxventure's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.4 M | |
| Cash And Short Term Investments | 407.3 K |
JX Luxventure Technical Analysis
JX Luxventure's future price can be derived by breaking down and analyzing its technical indicators over time. JXJT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JX Luxventure Limited. In general, you should focus on analyzing JXJT Stock price patterns and their correlations with different microeconomic environments and drivers.
JX Luxventure Predictive Forecast Models
JX Luxventure's time-series forecasting models is one of many JX Luxventure'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 JX Luxventure'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 JX Luxventure Limited
Checking the ongoing alerts about JX Luxventure for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JX Luxventure Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JX Luxventure generated a negative expected return over the last 90 days | |
| JX Luxventure has high historical volatility and very poor performance | |
| JX Luxventure may become a speculative penny stock | |
| JX Luxventure is unlikely to experience financial distress in the next 2 years | |
| JX Luxventure Limited currently holds about 11.08 M in cash with (4.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| JX Luxventure has a poor financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: JX Luxventure Limited Short Interest Update |
Additional Tools for JXJT Stock Analysis
When running JX Luxventure's price analysis, check to measure JX Luxventure'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 JX Luxventure is operating at the current time. Most of JX Luxventure's value examination focuses on studying past and present price action to predict the probability of JX Luxventure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JX Luxventure's price. Additionally, you may evaluate how the addition of JX Luxventure to your portfolios can decrease your overall portfolio volatility.