Just Energy Story

<div class='circular--portrait' style='background:#169D0B;color: #FFFFF0;font-size:4em;'>JE</div>
JE -- USA Stock  

USD 3.85  0.16  3.99%

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 month ago
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Will Just Energy (NYSE:JE) price continue to surge in February?
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.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Just Energy Group. In general, we focus on analyzing Just Energy stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Just Energy's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Just Energy's intrinsic value. In addition to deriving basic predictive indicators for Just Energy, we also check how macroeconomic factors affect Just Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Just Energy's stock 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. Please use the tools below to analyze the current value of Just Energy in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Just Energy. Your research has to be compared to or analyzed against Just Energy's peers to derive any actionable benefits. When done correctly, Just Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Just Energy Group.

How does Just Energy 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

How Just Energy utilizes its cash?

To perform a cash flow analysis of Just Energy, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Just Energy is receiving and how much cash it distributes out in a given period. The Just Energy cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Just Energy Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 37.02 Million

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.

About Contributor

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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