JD Sports (UK) Probability of Future Stock Price Finishing Over 104.47
| JD Stock | 101.80 1.60 1.55% |
JD Sports |
JD Sports Target Price Odds to finish over 104.47
The tendency of JD Sports 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 move over 104.47 or more in 90 days |
| 101.80 | 90 days | 104.47 | roughly 96.0 |
Based on a normal probability distribution, the odds of JD Sports to move over 104.47 or more in 90 days from now is roughly 96.0 (This JD Sports Fashion probability density function shows the probability of JD Sports Stock to fall within a particular range of prices over 90 days) . Probability of JD Sports Fashion price to stay between its current price of 101.80 and 104.47 at the end of the 90-day period is about 1.25 .
Assuming the 90 days trading horizon JD Sports has a beta of 0.36. This indicates as returns on the market go up, JD Sports average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JD Sports Fashion will be expected to be much smaller as well. Additionally JD Sports Fashion 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. JD Sports Price Density |
| Price |
Predictive Modules for JD Sports
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JD Sports Fashion. 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.JD Sports Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JD Sports is not an exception. The market had few large corrections towards the JD Sports' 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 JD Sports Fashion, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JD Sports within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 15.40 | |
Ir | Information ratio | -0.16 |
JD Sports 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 JD Sports for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JD Sports Fashion can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JD Sports Fashion generated a negative expected return over the last 90 days | |
| JD Sports Fashion has high historical volatility and very poor performance | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: JD Sports Fashion sheds UK363m, company earnings and investor returns have been trending downwards for past three years - Simply Wall St |
JD Sports 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 JD Sports Stock often depends not only on the future outlook of the current and potential JD Sports' 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. JD Sports' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.2 B | |
| Cash And Short Term Investments | 1.2 B |
JD Sports Technical Analysis
JD Sports' future price can be derived by breaking down and analyzing its technical indicators over time. JD Sports Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JD Sports Fashion. In general, you should focus on analyzing JD Sports Stock price patterns and their correlations with different microeconomic environments and drivers.
JD Sports Predictive Forecast Models
JD Sports' time-series forecasting models is one of many JD Sports' 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 JD Sports' 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 JD Sports Fashion
Checking the ongoing alerts about JD Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JD Sports Fashion help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JD Sports Fashion generated a negative expected return over the last 90 days | |
| JD Sports Fashion has high historical volatility and very poor performance | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: JD Sports Fashion sheds UK363m, company earnings and investor returns have been trending downwards for past three years - Simply Wall St |
Other Information on Investing in JD Sports Stock
JD Sports financial ratios help investors to determine whether JD Sports Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JD Sports with respect to the benefits of owning JD Sports security.