Johnson Outdoors Stock Statistic Functions Time Series Forecast

JOUT Stock  USD 32.51  0.84  2.65%   
Johnson Outdoors statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against Johnson Outdoors. Johnson Outdoors value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Time Series Forecast function function is designed to identify and follow existing trends. Johnson Outdoors statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Time Series Forecast uses simple linear regression to derive Johnson Outdoors best fit line over a given time period and plot it forward over user-defined time period.

Johnson Outdoors Technical Analysis Modules

Most technical analysis of Johnson Outdoors help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Johnson from various momentum indicators to cycle indicators. When you analyze Johnson charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Johnson Outdoors Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johnson Outdoors. We use our internally-developed statistical techniques to arrive at the intrinsic value of Johnson Outdoors based on widely used predictive technical indicators. In general, we focus on analyzing Johnson Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Johnson Outdoors's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Johnson Outdoors's intrinsic value. In addition to deriving basic predictive indicators for Johnson Outdoors, we also check how macroeconomic factors affect Johnson Outdoors price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Outdoors' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
30.8832.5134.14
Details
Intrinsic
Valuation
LowRealHigh
31.9633.5935.22
Details
Naive
Forecast
LowNextHigh
29.0330.6632.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.0132.9634.90
Details

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Johnson Outdoors pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Johnson Outdoors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Johnson Outdoors will appreciate offsetting losses from the drop in the long position's value.

Johnson Outdoors Pair Trading

Johnson Outdoors Pair Trading Analysis

Additional Tools for Johnson Stock Analysis

When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.