Doubling down on PBF Energy (NYSE:PBF) in October?


USD 38.87  2.35  6.43%   

Let's try to digest what's happening with PBF Energy amid unprecedented political, and economic uncertainty. On the 22nd of September the company is traded for 32.54. PBF Energy has historical hype elasticity of 0.14. The average price elasticity to hype of competition is about 0.07. The entity is forecasted to increase in value after the next headline, with the price going to jump to 29.63. The latest volatility of media hype impact on PBF Energy stock price is is way over 100 percent making price predictions on social media along less reliable. The price growth on the next news is projected to be 0.1%, whereas the daily expected return is at this time at 0.13%. The volatility of related hype on PBF Energy is about 878.0% with expected price after next announcement by competition of 32.61 Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Published over a week ago
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PBF Energy has a performance score of 2 on a scale of 0 to 100. The firm holds a Beta of 0.8966, which implies possible diversification benefits within a given portfolio. Let's try to break down what PBF Energy's beta means in this case. PBF Energy returns are very sensitive to returns on the market. As the market goes up or down, PBF Energy is expected to follow. Although it is important to respect PBF Energy current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The way of forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating PBF Energy technical indicators, you can today evaluate if the expected return of 0.13% will be sustainable into the future. PBF Energy now holds a risk of 4.39%. Please check PBF Energy information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance to decide if PBF Energy will be following its historical price patterns.
The successful prediction of PBF Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as PBF Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of PBF Energy based on PBF Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PBF Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PBF Energy's related companies.

Use Technical Analysis to project PBF Energy expected Price

PBF Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of PBF Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PBF Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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 PBF Energy, but it might be worth checking our own buy vs. sell analysis

Breaking down PBF Energy Further

This firm reported the last year's revenue of 38.65 B. Total Income to common stockholders was 1.41 B with profit before taxes, overhead, and interest of 671.1 M.

Will PBF Energy latest surge continue?

Latest Skewness is up to -0.04. Price may dip again. PBF Energy exhibits very low volatility with skewness of -0.04 and kurtosis of -0.1. However, we advise investors to further study PBF Energy technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PBF Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PBF Energy'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 Final Perspective on PBF Energy

Although many of the other players under the oil & gas refining & marketing industry are still a bit expensive, PBF Energy may offer a potential longer-term growth to shareholders. To conclude, as of the 22nd of September 2022, we believe that at this point, PBF Energy is somewhat reliable with low odds of distress within the next 2 years. From a slightly different point of view, the entity appears to be overvalued. Our final 90 days buy-hold-sell advice on the firm is Strong Sell.

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 PBF Energy. Please refer to our Terms of Use for any information regarding our disclosure principles.

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