Jerusalem (Israel) Probability of Future Stock Price Finishing Under 670.1
| JBNK Stock | ILS 1,353 16.00 1.20% |
Jerusalem |
Jerusalem Target Price Odds to finish below 670.1
The tendency of Jerusalem 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 S 670.10 or more in 90 days |
| 1,353 | 90 days | 670.10 | near 1 |
Based on a normal probability distribution, the odds of Jerusalem to drop to S 670.10 or more in 90 days from now is near 1 (This Jerusalem probability density function shows the probability of Jerusalem Stock to fall within a particular range of prices over 90 days) . Probability of Jerusalem price to stay between S 670.10 and its current price of S1353.0 at the end of the 90-day period is about 90.0 .
Assuming the 90 days trading horizon Jerusalem has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding Jerusalem are expected to decrease at a much lower rate. During a bear market, however, Jerusalem is likely to outperform the market. Additionally Jerusalem has an alpha of 0.074, implying that it can generate a 0.074 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Jerusalem Price Density |
| Price |
Predictive Modules for Jerusalem
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jerusalem. 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 Jerusalem'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.
Jerusalem Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jerusalem is not an exception. The market had few large corrections towards the Jerusalem'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 Jerusalem, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jerusalem within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 33.56 | |
Ir | Information ratio | 0.01 |
Jerusalem 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 Jerusalem for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jerusalem can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 87.0% of the company shares are held by company insiders |
Jerusalem 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 Jerusalem Stock often depends not only on the future outlook of the current and potential Jerusalem'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. Jerusalem's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 70.5 M |
Jerusalem Technical Analysis
Jerusalem's future price can be derived by breaking down and analyzing its technical indicators over time. Jerusalem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jerusalem. In general, you should focus on analyzing Jerusalem Stock price patterns and their correlations with different microeconomic environments and drivers.
Jerusalem Predictive Forecast Models
Jerusalem's time-series forecasting models is one of many Jerusalem'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 Jerusalem'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 Jerusalem
Checking the ongoing alerts about Jerusalem for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jerusalem help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 87.0% of the company shares are held by company insiders |
Check out Jerusalem Backtesting, Jerusalem Valuation, Jerusalem Correlation, Jerusalem Hype Analysis, Jerusalem Volatility, Jerusalem History as well as Jerusalem Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Jerusalem Stock analysis
When running Jerusalem's price analysis, check to measure Jerusalem'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 Jerusalem is operating at the current time. Most of Jerusalem's value examination focuses on studying past and present price action to predict the probability of Jerusalem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerusalem's price. Additionally, you may evaluate how the addition of Jerusalem to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |