This firm's average rating is Hold from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Just Energy market sentiment investors' perception of the future value of Just Energy. Let us look at a few aspects of Just Energy technical analysis.
How does Just Stands against Peers?
Analyzing Just Energy competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Just Energy across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Just Energy Competition DetailsCloser look at Just Energy Semi Deviation
Just Energy Group has current Semi Deviation of 3.8. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Semi Deviation | = | SQRT(SV) |
| = | 3.8 |
Let's now compare Just Energy Semi Deviation to its closest peers:
| JE | 3.8 |
| AES | 1.47 |
| ALE | 1.92 |
| AVA | 1.58 |
Will Just Energy latest surge continue?
The standard deviation is down to 3.9 as of today. Just Energy Group shows above-average downside volatility for the selected time horizon. We advise investors to inspect Just Energy Group further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Just Energy future alpha.
Our Takeaway on Just Energy Investment
Although some other entities under the utilities—diversified industry are still a bit expensive, Just Energy may offer a potential longer-term growth to shareholders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to quit some or all of your Just Energy holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Just Energy.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Just Energy Group. Please refer to our
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