JBS SA (Brazil) Chance of Future Stock Price Finishing Over 9.31
| JBSS3 Stock | BRL 23.03 0.93 4.21% |
JBS |
JBS SA Target Price Odds to finish over 9.31
The tendency of JBS 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 R$ 9.31 in 90 days |
| 23.03 | 90 days | 9.31 | close to 99 |
Based on a normal probability distribution, the odds of JBS SA to stay above R$ 9.31 in 90 days from now is close to 99 (This JBS SA probability density function shows the probability of JBS Stock to fall within a particular range of prices over 90 days) . Probability of JBS SA price to stay between R$ 9.31 and its current price of R$23.03 at the end of the 90-day period is about 57.78 .
Assuming the 90 days trading horizon JBS SA has a beta of -0.32. This indicates as returns on the benchmark increase, returns on holding JBS SA are expected to decrease at a much lower rate. During a bear market, however, JBS SA is likely to outperform the market. Additionally JBS SA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. JBS SA Price Density |
| Price |
Predictive Modules for JBS SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JBS SA. 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 JBS SA'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.
JBS SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JBS SA is not an exception. The market had few large corrections towards the JBS SA'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 JBS SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JBS SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | -0.32 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | -0.11 |
JBS SA 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 JBS SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JBS SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| JBS SA generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by company insiders |
JBS SA 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 JBS Stock often depends not only on the future outlook of the current and potential JBS SA'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. JBS SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 B | |
| Cash And Short Term Investments | 23.2 B |
JBS SA Technical Analysis
JBS SA's future price can be derived by breaking down and analyzing its technical indicators over time. JBS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JBS SA. In general, you should focus on analyzing JBS Stock price patterns and their correlations with different microeconomic environments and drivers.
JBS SA Predictive Forecast Models
JBS SA's time-series forecasting models is one of many JBS SA'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 JBS SA'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 JBS SA
Checking the ongoing alerts about JBS SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JBS SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| JBS SA generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by company insiders |
Check out JBS SA Backtesting, JBS SA Valuation, JBS SA Correlation, JBS SA Hype Analysis, JBS SA Volatility, JBS SA History as well as JBS SA Performance. Note that the JBS SA information on this page should be used as a complementary analysis to other JBS SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for JBS Stock analysis
When running JBS SA's price analysis, check to measure JBS SA's 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 JBS SA is operating at the current time. Most of JBS SA's value examination focuses on studying past and present price action to predict the probability of JBS SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBS SA's price. Additionally, you may evaluate how the addition of JBS SA to your portfolios can decrease your overall portfolio volatility.
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