Jb Hunt Transport Stock Odds of Future Stock Price Finishing Under 179.13
| JBHT Stock | USD 182.01 0.27 0.15% |
JBHT |
JB Hunt Target Price Odds to finish below 179.13
The tendency of JBHT 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 drop to $ 179.13 or more in 90 days |
| 182.01 | 90 days | 179.13 | about 56.48 |
Based on a normal probability distribution, the odds of JB Hunt to drop to $ 179.13 or more in 90 days from now is about 56.48 (This JB Hunt Transport probability density function shows the probability of JBHT Stock to fall within a particular range of prices over 90 days) . Probability of JB Hunt Transport price to stay between $ 179.13 and its current price of $182.01 at the end of the 90-day period is about 12.81 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.18 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, JB Hunt will likely underperform. Additionally JB Hunt Transport has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. JB Hunt Price Density |
| Price |
Predictive Modules for JB Hunt
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JB Hunt Transport. 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.JB Hunt Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. JB Hunt is not an exception. The market had few large corrections towards the JB Hunt'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 JB Hunt Transport, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JB Hunt within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.18 | |
σ | Overall volatility | 8.43 | |
Ir | Information ratio | -0.0058 |
JB Hunt 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 JB Hunt for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JB Hunt Transport can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 74.0% of the company shares are owned by institutional investors | |
| On 5th of December 2024 JB Hunt paid $ 0.43 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Have Insiders Sold J.B. Hunt Transport Services Shares Recently |
JB Hunt 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 JBHT Stock often depends not only on the future outlook of the current and potential JB Hunt'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. JB Hunt's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 104.5 M | |
| Cash And Short Term Investments | 53.3 M |
JB Hunt Technical Analysis
JB Hunt's future price can be derived by breaking down and analyzing its technical indicators over time. JBHT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JB Hunt Transport. In general, you should focus on analyzing JBHT Stock price patterns and their correlations with different microeconomic environments and drivers.
JB Hunt Predictive Forecast Models
JB Hunt's time-series forecasting models is one of many JB Hunt'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 JB Hunt'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 JB Hunt Transport
Checking the ongoing alerts about JB Hunt for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JB Hunt Transport help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 74.0% of the company shares are owned by institutional investors | |
| On 5th of December 2024 JB Hunt paid $ 0.43 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Have Insiders Sold J.B. Hunt Transport Services Shares Recently |
Additional Tools for JBHT Stock Analysis
When running JB Hunt's price analysis, check to measure JB Hunt's 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 JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.