The Joint Corp Stock Probability of Future Stock Price Finishing Over 11.05
| JYNT Stock | USD 11.50 0.23 1.96% |
Joint |
Joint Corp Target Price Odds to finish over 11.05
The tendency of Joint 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 stay above $ 11.05 in 90 days |
| 11.50 | 90 days | 11.05 | about 74.75 |
Based on a normal probability distribution, the odds of Joint Corp to stay above $ 11.05 in 90 days from now is about 74.75 (This The Joint Corp probability density function shows the probability of Joint Stock to fall within a particular range of prices over 90 days) . Probability of Joint Corp price to stay between $ 11.05 and its current price of $11.5 at the end of the 90-day period is about 43.44 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.8 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Joint Corp will likely underperform. Additionally The Joint Corp 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. Joint Corp Price Density |
| Price |
Predictive Modules for Joint Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Joint Corp. 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.Joint Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Joint Corp is not an exception. The market had few large corrections towards the Joint Corp'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 The Joint Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Joint Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 1.80 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.02 |
Joint Corp 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 Joint Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Joint Corp 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 Joint Corp currently holds 16.73 M in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. Joint Corp has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Joint Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 117.7 M. Net Loss for the year was (9.75 M) with profit before overhead, payroll, taxes, and interest of 92.08 M. | |
| About 73.0% of Joint Corp shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Helium Evolution Announces Joint Well Encounters Helium, Proceeding With Completion and Testing |
Joint Corp 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 Joint Stock often depends not only on the future outlook of the current and potential Joint Corp'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. Joint Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 M | |
| Cash And Short Term Investments | 18.2 M |
Joint Corp Technical Analysis
Joint Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Joint Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Joint Corp. In general, you should focus on analyzing Joint Stock price patterns and their correlations with different microeconomic environments and drivers.
Joint Corp Predictive Forecast Models
Joint Corp's time-series forecasting models is one of many Joint Corp'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 Joint Corp'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 Joint Corp
Checking the ongoing alerts about Joint Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Joint Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The Joint Corp currently holds 16.73 M in liabilities with Debt to Equity (D/E) ratio of 0.82, which is about average as compared to similar companies. Joint Corp has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Joint Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 117.7 M. Net Loss for the year was (9.75 M) with profit before overhead, payroll, taxes, and interest of 92.08 M. | |
| About 73.0% of Joint Corp shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Helium Evolution Announces Joint Well Encounters Helium, Proceeding With Completion and Testing |
Additional Tools for Joint Stock Analysis
When running Joint Corp's price analysis, check to measure Joint Corp'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 Joint Corp is operating at the current time. Most of Joint Corp's value examination focuses on studying past and present price action to predict the probability of Joint Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joint Corp's price. Additionally, you may evaluate how the addition of Joint Corp to your portfolios can decrease your overall portfolio volatility.