Will Just Energy (NYSE:JE) price continue to surge in February?

Whilst many millenniums are getting more into utilities space, it makes sense to digest Just Energy Group against current trends within the economy. As expected, Just Energy is starting to reaffirm its true potential as shareholders are becoming more and more confident in the future outlook. The returns on the market and returns on Just Energy appear slightly-related for the last few months. Unsteady basic indicators of the firm may also indicate signs of longer-term losses for Just Energy shareholders. The stock experiences an active upward rally.
Published over a year ago
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Reviewed by Michael Smolkin

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 Details

Closer 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
SQRT = Square root notation
SV =   Just Energy semi variance of returns over selected period
Let's now compare Just Energy Semi Deviation to its closest peers:
JE
AES
ALE
AVA
JE3.8
AES1.47
ALE1.92
AVA1.58

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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Editorial Staff

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 Terms of Use for any information regarding our disclosure principles.

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