Pbf Energy Stock Probability of Future Stock Price Finishing Over 11.15
| PBF Stock | USD 55.49 1.78 3.11% |
Closest to current price PBF long CALL Option Payoff at Expiration
PBF |
PBF Energy Target Price Odds to finish over 11.15
The tendency of PBF 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 $ 11.15 in 90 days |
| 55.49 | 90 days | 11.15 | close to 99 |
Based on a normal probability distribution, the odds of PBF Energy to stay above $ 11.15 in 90 days from now is close to 99 (This PBF Energy probability density function shows the probability of PBF Stock to fall within a particular range of prices over 90 days) . Probability of PBF Energy price to stay between $ 11.15 and its current price of $55.49 at the end of the 90-day period is about 73.85 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.04 indicating PBF Energy market returns are reactive to returns on the market. As the market goes up or down, PBF Energy is expected to follow. Additionally PBF Energy has an alpha of 0.3871, implying that it can generate a 0.39 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). PBF Energy Price Density |
| Price |
Predictive Modules for PBF Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PBF Energy. 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 PBF Energy'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.
PBF Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PBF Energy is not an exception. The market had few large corrections towards the PBF Energy'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 PBF Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PBF Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.39 | |
β | Beta against NYSE Composite | 1.04 | |
σ | Overall volatility | 5.55 | |
Ir | Information ratio | 0.15 |
PBF Energy 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 PBF Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PBF Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 86.0% of the company shares are owned by institutional investors | |
| On 14th of March 2024 PBF Energy paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Whats in the Offing for Liberty Energy in Q1 Earnings |
PBF Energy 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 PBF Stock often depends not only on the future outlook of the current and potential PBF Energy'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. PBF Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.5 M | |
| Cash And Short Term Investments | 1.8 B |
PBF Energy Technical Analysis
PBF Energy's future price can be derived by breaking down and analyzing its technical indicators over time. PBF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PBF Energy. In general, you should focus on analyzing PBF Stock price patterns and their correlations with different microeconomic environments and drivers.
PBF Energy Predictive Forecast Models
PBF Energy's time-series forecasting models is one of many PBF Energy'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 PBF Energy'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 PBF Energy
Checking the ongoing alerts about PBF Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PBF Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 86.0% of the company shares are owned by institutional investors | |
| On 14th of March 2024 PBF Energy paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Whats in the Offing for Liberty Energy in Q1 Earnings |
Check out PBF Energy Backtesting, PBF Energy Valuation, PBF Energy Correlation, PBF Energy Hype Analysis, PBF Energy Volatility, PBF Energy History as well as PBF Energy Performance. For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.Note that the PBF Energy information on this page should be used as a complementary analysis to other PBF Energy'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for PBF Stock analysis
When running PBF Energy's price analysis, check to measure PBF Energy'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 PBF Energy is operating at the current time. Most of PBF Energy's value examination focuses on studying past and present price action to predict the probability of PBF Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PBF Energy's price. Additionally, you may evaluate how the addition of PBF Energy to your portfolios can decrease your overall portfolio volatility.
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Is PBF Energy'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 PBF Energy. If investors know PBF 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 PBF Energy 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 (0.27) | Dividend Share 0.85 | Earnings Share 16.52 | Revenue Per Share 306.712 | Quarterly Revenue Growth (0.16) |
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy'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 PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy'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 PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy'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.