China Jo Jo Drugstores Stock Odds of Future Stock Price Finishing Under 2.05
| CJJD Stock | USD 1.87 0.13 6.50% |
China |
China Jo Target Price Odds to finish below 2.05
The tendency of China Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 2.05 after 90 days |
| 1.87 | 90 days | 2.05 | about 61.53 |
Based on a normal probability distribution, the odds of China Jo to stay under $ 2.05 after 90 days from now is about 61.53 (This China Jo Jo Drugstores probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) . Probability of China Jo Jo price to stay between its current price of $ 1.87 and $ 2.05 at the end of the 90-day period is about 26.09 .
Given the investment horizon of 90 days China Jo Jo Drugstores has a beta of -0.93 suggesting Additionally China Jo Jo Drugstores has an alpha of 0.7024, implying that it can generate a 0.7 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). China Jo Price Density |
| Price |
Predictive Modules for China Jo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Jo Jo. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.China Jo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. China Jo is not an exception. The market had few large corrections towards the China Jo's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold China Jo Jo Drugstores, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of China Jo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.70 | |
β | Beta against Dow Jones | -0.93 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.07 |
China Jo Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of China Jo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for China Jo Jo can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| China Jo Jo is way too risky over 90 days horizon | |
| China Jo Jo may become a speculative penny stock | |
| China Jo Jo appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 154.54 M. Net Loss for the year was (4.23 M) with profit before overhead, payroll, taxes, and interest of 34.28 M. | |
| China Jo Jo Drugstores currently holds about 18.55 M in cash with (3.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| China Jo Jo has a frail financial position based on the latest SEC disclosures | |
| Roughly 38.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: CJJD Stock Drops Amidst Industry Decline |
China Jo Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of China Stock often depends not only on the future outlook of the current and potential China Jo's 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. China Jo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 M | |
| Cash And Short Term Investments | 20.1 M |
China Jo Technical Analysis
China Jo's future price can be derived by breaking down and analyzing its technical indicators over time. China Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of China Jo Jo Drugstores. In general, you should focus on analyzing China Stock price patterns and their correlations with different microeconomic environments and drivers.
China Jo Predictive Forecast Models
China Jo's time-series forecasting models is one of many China Jo's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary China Jo's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about China Jo Jo
Checking the ongoing alerts about China Jo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for China Jo Jo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| China Jo Jo is way too risky over 90 days horizon | |
| China Jo Jo may become a speculative penny stock | |
| China Jo Jo appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 154.54 M. Net Loss for the year was (4.23 M) with profit before overhead, payroll, taxes, and interest of 34.28 M. | |
| China Jo Jo Drugstores currently holds about 18.55 M in cash with (3.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| China Jo Jo has a frail financial position based on the latest SEC disclosures | |
| Roughly 38.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: CJJD Stock Drops Amidst Industry Decline |
Check out China Jo Backtesting, China Jo Valuation, China Jo Correlation, China Jo Hype Analysis, China Jo Volatility, China Jo History as well as China Jo Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Consumer Staples Distribution & Retail space 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 China Jo. If investors know China 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 China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.93) | Revenue Per Share 107.003 | Quarterly Revenue Growth (0) | Return On Assets (0.02) | Return On Equity (0.27) |
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's 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 China Jo's market value can be influenced by many factors that don't directly affect China Jo's 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 China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's 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.