Johnson Story

JNJ -  USA Stock  

USD 168.50  0.76  0.45%

As many millenniums are trying to avoid healthcare space, it makes sense to examine Johnson Johnson a little further and try to understand its current market patterns. As expected, Johnson Johnson is starting to reaffirm its true potential as traders are becoming more and more confident in the future outlook. The returns on the market and returns on Johnson Johnson appear somewhat correlated for the last few months. Strong basic indicators of the firm may also signify signals of long-lasting gains for Johnson traders. Johnson Johnson is scheduled to announce its earnings today. The next earnings report is expected on the 15th of July 2021.
Published over two weeks ago
View all stories for Johnson Johnson | View All Stories
Will Johnson Johnson (NYSE:JNJ) price continue to surge in May?
Johnson Johnson's average rating is Buy from 11 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 Johnson Johnson market sentiment investors' perception of the future value of Johnson. Let us look at a few aspects of Johnson technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Johnson Johnson. In general, we focus on analyzing Johnson Johnson stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Johnson Johnson'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 Johnson Johnson's intrinsic value. In addition to deriving basic predictive indicators for Johnson Johnson, we also check how macroeconomic factors affect Johnson Johnson 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 Johnson Johnson'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 Johnson Johnson 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 Johnson Johnson. Your research has to be compared to or analyzed against Johnson Johnson's peers to derive any actionable benefits. When done correctly, Johnson Johnson'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 Johnson Johnson.

How does Johnson Stands against Peers?

Analyzing Johnson Johnson 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 Johnson Johnson 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 Johnson Johnson Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Johnson Johnson, but it might be worth checking our own buy vs. sell analysis

Closer look at Johnson Johnson Standard Deviation

Johnson Johnson has current Standard Deviation of 1.08. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.

Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.

Standard Deviation 
=  
SQRT(V) 
 = 
1.08
SQRT = Square root notation
V =   Variance of Johnson Johnson returns
Let's now compare Johnson Johnson Standard Deviation to its closest peers:
JNJ
AZN
BMY
GSK
JNJ1.08
AZN1.57
BMY1.19
GSK1.37

Johnson may start a collapse in May

Recent Risk Adjusted Performance is up to 0.04. Price may plunge again. Johnson Johnson has relatively low volatility with skewness of -0.56 and kurtosis of 1.56. However, we advise all investors to independently investigate Johnson Johnson to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Johnson Johnson's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Johnson Johnson's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Takeaway on Johnson Johnson Investment

Although many of the other players under the drug manufacturers?general industry are still a bit expensive, Johnson Johnson may offer a potential longer-term growth to traders. The bottom line, as of the 20th of April 2021, our research shows that Johnson Johnson is a rather very steady investment opportunity with a low probability of distress in the next two years. From a slightly different view, the entity currently appears to be undervalued. Our up-to-date 30 days buy-hold-sell recommendation on the firm is Strong Buy.

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 Vlad Skutelnik do not own shares of Johnson Johnson. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com