Jianpu Technology Probability of Target Price Finishing Above 3.02

JT -- USA Stock  

USD 2.34  0.06  2.63%

Jianpu Technology probability of target price tool provides mechanism to make assumptions about upside and downside potential of Jianpu Technology performance during a given time horizon utilizing its historical volatility. Please specify Jianpu Technology time horizon, a valid symbol (red box) and a target price (blue box) you would like Jianpu Technology odds to be computed. Please also check Jianpu Technology Backtesting, Jianpu Technology Valuation, Jianpu Technology Correlation, Jianpu Technology Hype Analysis, Jianpu Technology Volatility, Jianpu Technology History as well as Jianpu Technology Performance.
Horizon     30 Days    Login   to change
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Jianpu Technology Target Price Odds to finish below 3.02

Current PriceHorizonTarget PriceOdds to stay under $ 3.02  after 30 days
 2.34 30 days 3.02 
about 82.56
Based on normal probability distribution, the odds of Jianpu Technology to stay under $ 3.02  after 30 days from now is about 82.56 (This Jianpu Technology probability density function shows the probability of Jianpu Technology Stock to fall within a particular range of prices over 30 days) . Probability of Jianpu Technology price to stay between its current price of $ 2.34  and $ 3.02  at the end of the 30-day period is about 14.86 .
Allowing for the 30-days total investment horizon, Jianpu Technology has beta of -0.1731 . This indicates as returns on benchmark increase, returns on holding Jianpu Technology are expected to decrease at a much smaller rate. During bear market, however, Jianpu Technology is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Jianpu Technology is significantly underperforming DOW.
 Jianpu Technology Price Density 
      Price 
α
Alpha over DOW
=0.27
β
Beta against DOW=0.17
σ
Overall volatility
=1.42
Ir
Information ratio =0.12

Jianpu Technology Alerts and Suggestions

Jianpu Technology generates negative expected return over the last 30 days
Jianpu Technology has high historical volatility and very poor performance
The company generated yearly revenue of 281.87 M. Annual Net Loss to common stockholders was (47.18 M) with gross profit of 1.79 B.
The company reports about 191.36 M in cash with (4.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.14.
Latest headline from makdaily.com: Whats Ahead for Jianpu Technology Inc. After Todays Big Decline - The MAK Daily

Jianpu TechnologyPrice Density Drivers

Shares Percent Shares Out1.45%
Float Shares72.33M
Average Daily Volume Last 10 Day148.09k
Shares Short Prior Month2.19M
Average Daily Volume In Three Month285.01k
Date Short InterestSeptember 30, 2019
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