Jm Smucker Stock Probability of Future Stock Price Finishing Under 104.16
| SJM Stock | USD 111.53 0.33 0.30% |
SJM |
JM Smucker Target Price Odds to finish below 104.16
The tendency of SJM 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 $ 104.16 or more in 90 days |
| 111.53 | 90 days | 104.16 | near 1 |
Based on a normal probability distribution, the odds of JM Smucker to drop to $ 104.16 or more in 90 days from now is near 1 (This JM Smucker probability density function shows the probability of SJM Stock to fall within a particular range of prices over 90 days) . Probability of JM Smucker price to stay between $ 104.16 and its current price of $111.53 at the end of the 90-day period is about 13.74 .
Considering the 90-day investment horizon JM Smucker has a beta of 0.43. This usually implies as returns on the market go up, JM Smucker average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JM Smucker will be expected to be much smaller as well. Additionally JM Smucker 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. JM Smucker Price Density |
| Price |
Predictive Modules for JM Smucker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JM Smucker. 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.JM Smucker Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JM Smucker is not an exception. The market had few large corrections towards the JM Smucker'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 JM Smucker, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JM Smucker within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 3.22 | |
Ir | Information ratio | -0.08 |
JM Smucker 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 JM Smucker for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JM Smucker can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JM Smucker generated a negative expected return over the last 90 days | |
| JM Smucker has a poor financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 2nd of December 2024 JM Smucker paid $ 1.08 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Shelf-Stable Food Stocks Q3 In Review BellRing Brands Vs Peers |
JM Smucker 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 SJM Stock often depends not only on the future outlook of the current and potential JM Smucker'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. JM Smucker's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 104.2 M | |
| Cash And Short Term Investments | 62 M |
JM Smucker Technical Analysis
JM Smucker's future price can be derived by breaking down and analyzing its technical indicators over time. SJM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JM Smucker. In general, you should focus on analyzing SJM Stock price patterns and their correlations with different microeconomic environments and drivers.
JM Smucker Predictive Forecast Models
JM Smucker's time-series forecasting models is one of many JM Smucker'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 JM Smucker'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 JM Smucker
Checking the ongoing alerts about JM Smucker for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JM Smucker help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JM Smucker generated a negative expected return over the last 90 days | |
| JM Smucker has a poor financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 2nd of December 2024 JM Smucker paid $ 1.08 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Shelf-Stable Food Stocks Q3 In Review BellRing Brands Vs Peers |
Check out JM Smucker Backtesting, JM Smucker Valuation, JM Smucker Correlation, JM Smucker Hype Analysis, JM Smucker Volatility, JM Smucker History as well as JM Smucker Performance. To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Packaged Foods & Meats 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 JM Smucker. If investors know SJM 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 JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Earnings Share 4.95 | Revenue Per Share 80.881 | Quarterly Revenue Growth 0.177 | Return On Assets 0.0538 |
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker'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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker'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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker'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.