South Jersey Industries Probability of Future Stock Price Finishing Over 66.78
| SJIVDelisted Stock | USD 67.45 0.00 0.00% |
South |
South Jersey Target Price Odds to finish over 66.78
The tendency of South 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 $ 66.78 in 90 days |
| 67.45 | 90 days | 66.78 | close to 99 |
Based on a normal probability distribution, the odds of South Jersey to stay above $ 66.78 in 90 days from now is close to 99 (This South Jersey Industries probability density function shows the probability of South Stock to fall within a particular range of prices over 90 days) . Probability of South Jersey Industries price to stay between $ 66.78 and its current price of $67.45 at the end of the 90-day period is about 6.26 .
Given the investment horizon of 90 days South Jersey has a beta of 0.0483. This usually implies as returns on the market go up, South Jersey average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding South Jersey Industries will be expected to be much smaller as well. Additionally South Jersey Industries 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. South Jersey Price Density |
| Price |
Predictive Modules for South Jersey
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as South Jersey 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.South Jersey Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. South Jersey is not an exception. The market had few large corrections towards the South Jersey'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 South Jersey Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of South Jersey within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.33 |
South Jersey 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 South Jersey for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for South Jersey 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.| South Jersey is not yet fully synchronised with the market data | |
| South Jersey has a very high chance of going through financial distress in the upcoming years |
South Jersey 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 South Stock often depends not only on the future outlook of the current and potential South Jersey'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. South Jersey's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 117.3 M | |
| Cash And Short Term Investments | 28.8 M |
South Jersey Technical Analysis
South Jersey's future price can be derived by breaking down and analyzing its technical indicators over time. South Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of South Jersey Industries. In general, you should focus on analyzing South Stock price patterns and their correlations with different microeconomic environments and drivers.
South Jersey Predictive Forecast Models
South Jersey's time-series forecasting models is one of many South Jersey'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 South Jersey'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 South Jersey Industries
Checking the ongoing alerts about South Jersey for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for South Jersey Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| South Jersey is not yet fully synchronised with the market data | |
| South Jersey has a very high chance of going through financial distress in the upcoming years |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in South Stock
If you are still planning to invest in South Jersey Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the South Jersey's history and understand the potential risks before investing.
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