Johnson Johnson Stock Probability of Future Stock Price Finishing Over 132.48

JNJ Stock  USD 156.76  1.42  0.90%   
Johnson Johnson's implied volatility is one of the determining factors in the pricing options written on Johnson Johnson. Implied volatility approximates the future value of Johnson Johnson based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Johnson Johnson over a specific time period. For example, 2024-03-22 CALL at $157.5 is a CALL option contract on Johnson Johnson's common stock with a strick price of 157.5 expiring on 2024-03-22. The contract was last traded on 2024-03-15 at 15:57:00 for $1.63 and, as of today, has 4 days remaining before the expiration. The option is currently trading at a bid price of $1.71, and an ask price of $1.79. The implied volatility as of the 18th of March 2024 is 16.7. View All Johnson options

Closest to current price Johnson long CALL Option Payoff at Expiration

Johnson Johnson's future price is the expected price of Johnson Johnson instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Johnson Johnson performance during a given time horizon utilizing its historical volatility. Check out Johnson Johnson Backtesting, Johnson Johnson Valuation, Johnson Johnson Correlation, Johnson Johnson Hype Analysis, Johnson Johnson Volatility, Johnson Johnson History as well as Johnson Johnson Performance.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
  
At this time, Johnson Johnson's Price Cash Flow Ratio is relatively stable compared to the past year. Price Fair Value is expected to hike to 5.89 this year, although the value of Price Earnings To Growth Ratio is projected to rise to (1.41). Please specify Johnson Johnson's target price for which you would like Johnson Johnson odds to be computed.

Johnson Johnson Target Price Odds to finish over 132.48

The tendency of Johnson 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 PriceHorizonTarget PriceOdds to stay above $ 132.48  in 90 days
 156.76 90 days 132.48 
close to 99
Based on a normal probability distribution, the odds of Johnson Johnson to stay above $ 132.48  in 90 days from now is close to 99 (This Johnson Johnson probability density function shows the probability of Johnson Stock to fall within a particular range of prices over 90 days) . Probability of Johnson Johnson price to stay between $ 132.48  and its current price of $156.76 at the end of the 90-day period is about 20.92 .
Considering the 90-day investment horizon Johnson Johnson has a beta of 0.54. This indicates as returns on the market go up, Johnson Johnson average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Johnson Johnson will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Johnson Johnson is significantly underperforming NYSE Composite.
   Johnson Johnson Price Density   
       Price  

Predictive Modules for Johnson Johnson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Johnson Johnson. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Johnson Johnson'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. Please use the tools below to analyze the current value of Johnson Johnson in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
157.45158.21158.97
Details
Intrinsic
Valuation
LowRealHigh
142.36163.28164.04
Details
Naive
Forecast
LowNextHigh
154.20154.97155.73
Details
23 Analysts
Consensus
LowTargetHigh
153.30168.46186.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Johnson Johnson. Your research has to be compared to or analyzed against Johnson Johnson's peers to derive any actionable benefits. When done correctly, Johnson Johnson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Johnson Johnson.

Johnson Johnson Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Johnson Johnson is not an exception. The market had few large corrections towards the Johnson Johnson'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 Johnson Johnson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Johnson Johnson within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite0.54
σ
Overall volatility
2.45
Ir
Information ratio -0.14

Johnson Johnson 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 Johnson Johnson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Johnson Johnson can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Johnson Johnson has a strong financial position based on the latest SEC filings
About 71.0% of the company shares are owned by institutional investors
On 5th of March 2024 Johnson Johnson paid $ 1.19 per share dividend to its current shareholders
Latest headline from statnews.com: STAT FDA advisers back CAR-T therapies in blood cancer, despite safety concerns

Johnson Johnson 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 Johnson Stock often depends not only on the future outlook of the current and potential Johnson Johnson'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. Johnson Johnson's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.6 B
Cash And Short Term Investments22.9 B

Johnson Johnson Technical Analysis

Johnson Johnson's future price can be derived by breaking down and analyzing its technical indicators over time. Johnson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johnson Johnson. In general, you should focus on analyzing Johnson Stock price patterns and their correlations with different microeconomic environments and drivers.

Johnson Johnson Predictive Forecast Models

Johnson Johnson's time-series forecasting models is one of many Johnson Johnson'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 Johnson Johnson'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 Johnson Johnson

Checking the ongoing alerts about Johnson Johnson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Johnson Johnson help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Johnson Johnson has a strong financial position based on the latest SEC filings
About 71.0% of the company shares are owned by institutional investors
On 5th of March 2024 Johnson Johnson paid $ 1.19 per share dividend to its current shareholders
Latest headline from statnews.com: STAT FDA advisers back CAR-T therapies in blood cancer, despite safety concerns
When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:
Check out Johnson Johnson Backtesting, Johnson Johnson Valuation, Johnson Johnson Correlation, Johnson Johnson Hype Analysis, Johnson Johnson Volatility, Johnson Johnson History as well as Johnson Johnson Performance.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Johnson Stock analysis

When running Johnson Johnson's price analysis, check to measure Johnson Johnson'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 Johnson Johnson is operating at the current time. Most of Johnson Johnson's value examination focuses on studying past and present price action to predict the probability of Johnson Johnson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Johnson's price. Additionally, you may evaluate how the addition of Johnson Johnson to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Johnson Johnson's industry 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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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
0.106
Dividend Share
4.7
Earnings Share
5.2
Revenue Per Share
33.613
Quarterly Revenue Growth
0.073
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.