Newjersey Resources Stock Price Prediction
| NJR Stock | USD 42.19 0.64 1.54% |
Oversold Vs Overbought
57
Oversold | Overbought |
NewJersey Resources stock price prediction is an act of determining the future value of NewJersey Resources shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of NewJersey Resources' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NewJersey Resources and does not consider all of the tangible or intangible factors available from NewJersey Resources' fundamental data. We analyze noise-free headlines and recent hype associated with NewJersey Resources, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting NewJersey Resources' stock price prediction:Quarterly Earnings Growth (0.88) | EPS Estimate Next Quarter 1.13 | EPS Estimate Current Year 2.91 | EPS Estimate Next Year 2.9 | Wall Street Target Price 48.8 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of NewJersey Resources based on different types of headlines from major news networks to social media. The NewJersey stock price prediction module provides an analysis of price elasticity to changes in media outlook on NewJersey Resources over a specific investment horizon. Using NewJersey Resources hype-based prediction, you can estimate the value of NewJersey Resources from the perspective of NewJersey Resources response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NewJersey Resources using NewJersey Resources' stock options and short interest. It helps to benchmark the overall future attitude of investors towards NewJersey using crowd psychology based on the activity and movement of NewJersey Resources' stock price.
NewJersey Resources Short Interest
A significant increase or decrease in NewJersey Resources' short interest from the previous month could be a good indicator of investor sentiment towards NewJersey. Short interest can provide insight into the potential direction of NewJersey Resources stock and how bullish or bearish investors feel about the market overall. An investor who is long NewJersey Resources may also wish to track short interest. As short interest increases, investors should be becoming more worried about NewJersey Resources and may potentially protect profits, hedge NewJersey Resources with its derivative instruments, or be ready for some potential downside.
200 Day MA 42.8564 | Short Percent 0.0368 | Short Ratio 5.35 | Shares Short Prior Month 2.4 M | 50 Day MA 41.9418 |
NewJersey Resources Hype to Price Pattern
Investor biases related to NewJersey Resources' public news can be used to forecast risks associated with an investment in NewJersey. The trend in average sentiment can be used to explain how an investor holding NewJersey can time the market purely based on public headlines and social activities around NewJersey Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of NewJersey Resources' market sentiment to its price can help taders to make decisions based on the overall investors consensus about NewJersey Resources.
NewJersey Resources Implied Volatility | 0.0 |
NewJersey Resources' implied volatility exposes the market's sentiment of NewJersey Resources stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NewJersey Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NewJersey Resources stock will not fluctuate a lot when NewJersey Resources' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in NewJersey Resources. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in NewJersey Resources to buy its stock at a price that has no basis in reality. In that case, they are not buying NewJersey because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
NewJersey Resources after-hype prediction price | USD 41.55 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
NewJersey |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NewJersey Resources' 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.
NewJersey Resources After-Hype Price Prediction Density Analysis
As far as predicting the price of NewJersey Resources at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in NewJersey Resources or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of NewJersey Resources, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NewJersey Resources Estimiated After-Hype Price Volatility
In the context of predicting NewJersey Resources' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NewJersey Resources' historical news coverage. NewJersey Resources' after-hype downside and upside margins for the prediction period are 40.25 and 42.85, respectively. We have considered NewJersey Resources' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
NewJersey Resources is very steady at this time. Analysis and calculation of next after-hype price of NewJersey Resources is based on 3 months time horizon.
NewJersey Resources Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as NewJersey Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NewJersey Resources backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with NewJersey Resources, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.02 | 1.30 | 0.00 | 0.00 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
42.19 | 41.55 | 0.00 |
|
NewJersey Resources Hype Timeline
On the 18th of April 2024 NewJersey Resources is traded for 42.19. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NewJersey is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.02%. %. The volatility of related hype on NewJersey Resources is about 1519.48%, with the expected price after the next announcement by competition of 42.19. About 73.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NewJersey Resources has Price/Earnings To Growth (PEG) ratio of 2.02. The entity last dividend was issued on the 12th of March 2024. The firm had 2:1 split on the 4th of March 2015. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out NewJersey Resources Basic Forecasting Models to cross-verify your projections.NewJersey Resources Related Hype Analysis
Having access to credible news sources related to NewJersey Resources' direct competition is more important than ever and may enhance your ability to predict NewJersey Resources' future price movements. Getting to know how NewJersey Resources' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how NewJersey Resources may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ATO | Atmos Energy | (1.83) | 10 per month | 0.00 | (0.06) | 1.73 | (1.61) | 4.71 | |
| UGI | UGI Corporation | (0.24) | 9 per month | 1.98 | (0) | 2.63 | (3.00) | 17.74 | |
| CPK | Chesapeake Utilities | (1.41) | 9 per month | 0.00 | (0.05) | 2.00 | (2.57) | 7.29 | |
| SR | Spire Inc | (0.34) | 11 per month | 0.00 | (0.06) | 2.19 | (2.15) | 7.42 | |
| UGIC | UGI Corp Unit | 1.42 | 1 per month | 1.87 | 0 | 3.03 | (3.27) | 15.28 | |
| OGS | One Gas | 0.06 | 10 per month | 1.62 | (0.01) | 2.55 | (2.18) | 7.90 | |
| RGCO | RGC Resources | 0.12 | 10 per month | 2.48 | (0) | 4.08 | (4.38) | 11.05 | |
| NIMC | NiSource Unit | 1.30 | 4 per month | 0.00 | (0.05) | 1.66 | (1.54) | 6.93 | |
| NI | NiSource | 0.15 | 13 per month | 0.95 | (0.01) | 1.82 | (1.57) | 3.89 |
NewJersey Resources Additional Predictive Modules
Most predictive techniques to examine NewJersey price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NewJersey using various technical indicators. When you analyze NewJersey charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About NewJersey Resources Predictive Indicators
The successful prediction of NewJersey Resources 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 NewJersey Resources, 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 NewJersey Resources based on analysis of NewJersey Resources hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NewJersey Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NewJersey Resources's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0343 | 0.0383 | 0.044 | 0.0413 | Price To Sales Ratio | 1.28 | 2.01 | 1.81 | 1.9 |
Story Coverage note for NewJersey Resources
The number of cover stories for NewJersey Resources depends on current market conditions and NewJersey Resources' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NewJersey Resources is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about NewJersey Resources' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
NewJersey Resources Short Properties
NewJersey Resources' future price predictability will typically decrease when NewJersey Resources' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NewJersey Resources often depends not only on the future outlook of the potential NewJersey Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NewJersey Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.6 M | |
| Cash And Short Term Investments | 954 K |
Check out NewJersey Resources Basic Forecasting Models to cross-verify your projections. To learn how to invest in NewJersey Stock, please use our How to Invest in NewJersey Resources guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for NewJersey Stock analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is NewJersey Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewJersey Resources. If investors know NewJersey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewJersey Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.62 | Earnings Share 2.43 | Revenue Per Share 17.527 | Quarterly Revenue Growth 0.23 |
The market value of NewJersey Resources is measured differently than its book value, which is the value of NewJersey that is recorded on the company's balance sheet. Investors also form their own opinion of NewJersey Resources' value that differs from its market value or its book value, called intrinsic value, which is NewJersey Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewJersey Resources' market value can be influenced by many factors that don't directly affect NewJersey Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewJersey Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NewJersey Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewJersey Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.