Jewett Cameron Trading Stock Probability of Future Stock Price Finishing Under 2.23
| JCTC Stock | 4.28 0.20 4.46% |
Jewett |
Jewett Cameron Target Price Odds to finish below 2.23
The tendency of Jewett 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 2.23 or more in 90 days |
| 4.28 | 90 days | 2.23 | near 1 |
Based on a normal probability distribution, the odds of Jewett Cameron to drop to 2.23 or more in 90 days from now is near 1 (This Jewett Cameron Trading probability density function shows the probability of Jewett Stock to fall within a particular range of prices over 90 days) . Probability of Jewett Cameron Trading price to stay between 2.23 and its current price of 4.28 at the end of the 90-day period is about 20.37 .
Given the investment horizon of 90 days Jewett Cameron has a beta of 0.14. This indicates as returns on the market go up, Jewett Cameron average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jewett Cameron Trading will be expected to be much smaller as well. Additionally Jewett Cameron Trading has an alpha of 0.0161, implying that it can generate a 0.0161 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jewett Cameron Price Density |
| Price |
Predictive Modules for Jewett Cameron
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jewett Cameron Trading. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jewett Cameron's 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.
Jewett Cameron Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jewett Cameron is not an exception. The market had few large corrections towards the Jewett Cameron'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 Jewett Cameron Trading, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jewett Cameron within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.04 |
Jewett Cameron 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 Jewett Cameron for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jewett Cameron Trading can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jewett Cameron generated a negative expected return over the last 90 days | |
| Jewett Cameron Trading was previously known as Jewett Cameron Trading and was traded on NASDAQ Exchange under the symbol JCTCF. | |
| Latest headline from simplywall.st: Jewett-Cameron Trading Full Year 2024 Earnings EPS US0.21 |
Jewett Cameron 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 Jewett Stock often depends not only on the future outlook of the current and potential Jewett Cameron'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. Jewett Cameron's indicators that are reflective of the short sentiment are summarized in the table below.
| Cash And Short Term Investments | 4.9 M |
Jewett Cameron Technical Analysis
Jewett Cameron's future price can be derived by breaking down and analyzing its technical indicators over time. Jewett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jewett Cameron Trading. In general, you should focus on analyzing Jewett Stock price patterns and their correlations with different microeconomic environments and drivers.
Jewett Cameron Predictive Forecast Models
Jewett Cameron's time-series forecasting models is one of many Jewett Cameron'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 Jewett Cameron'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 Jewett Cameron Trading
Checking the ongoing alerts about Jewett Cameron for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jewett Cameron Trading help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jewett Cameron generated a negative expected return over the last 90 days | |
| Jewett Cameron Trading was previously known as Jewett Cameron Trading and was traded on NASDAQ Exchange under the symbol JCTCF. | |
| Latest headline from simplywall.st: Jewett-Cameron Trading Full Year 2024 Earnings EPS US0.21 |
Check out Jewett Cameron Backtesting, Jewett Cameron Valuation, Jewett Cameron Correlation, Jewett Cameron Hype Analysis, Jewett Cameron Volatility, Jewett Cameron History as well as Jewett Cameron Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jewett Cameron. If investors know Jewett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jewett Cameron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jewett Cameron Trading is measured differently than its book value, which is the value of Jewett that is recorded on the company's balance sheet. Investors also form their own opinion of Jewett Cameron's value that differs from its market value or its book value, called intrinsic value, which is Jewett Cameron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jewett Cameron's market value can be influenced by many factors that don't directly affect Jewett Cameron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jewett Cameron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jewett Cameron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jewett Cameron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.