Jeld Wen Holding Stock Odds of Future Stock Price Finishing Under 8.42
| JELD Stock | USD 8.21 0.21 2.49% |
Jeld |
Jeld Wen Target Price Odds to finish below 8.42
The tendency of Jeld 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 $ 8.42 after 90 days |
| 8.21 | 90 days | 8.42 | nearly 4.23 |
Based on a normal probability distribution, the odds of Jeld Wen to stay under $ 8.42 after 90 days from now is nearly 4.23 (This Jeld Wen Holding probability density function shows the probability of Jeld Stock to fall within a particular range of prices over 90 days) . Probability of Jeld Wen Holding price to stay between its current price of $ 8.21 and $ 8.42 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.84 . 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, Jeld Wen will likely underperform. Additionally Jeld Wen Holding 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. Jeld Wen Price Density |
| Price |
Predictive Modules for Jeld Wen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jeld Wen Holding. 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.Jeld Wen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jeld Wen is not an exception. The market had few large corrections towards the Jeld Wen'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 Jeld Wen Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jeld Wen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.89 | |
β | Beta against Dow Jones | 1.84 | |
σ | Overall volatility | 2.56 | |
Ir | Information ratio | -0.18 |
Jeld Wen 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 Jeld Wen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jeld Wen Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jeld Wen Holding generated a negative expected return over the last 90 days | |
| Jeld Wen Holding has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Spotting Winners American Woodmark And Home Construction Materials Stocks In Q3 |
Jeld Wen 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 Jeld Stock often depends not only on the future outlook of the current and potential Jeld Wen'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. Jeld Wen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.9 M | |
| Cash And Short Term Investments | 288.3 M |
Jeld Wen Technical Analysis
Jeld Wen's future price can be derived by breaking down and analyzing its technical indicators over time. Jeld Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jeld Wen Holding. In general, you should focus on analyzing Jeld Stock price patterns and their correlations with different microeconomic environments and drivers.
Jeld Wen Predictive Forecast Models
Jeld Wen's time-series forecasting models is one of many Jeld Wen'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 Jeld Wen'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 Jeld Wen Holding
Checking the ongoing alerts about Jeld Wen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jeld Wen Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jeld Wen Holding generated a negative expected return over the last 90 days | |
| Jeld Wen Holding has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Spotting Winners American Woodmark And Home Construction Materials Stocks In Q3 |
Check out Jeld Wen Backtesting, Jeld Wen Valuation, Jeld Wen Correlation, Jeld Wen Hype Analysis, Jeld Wen Volatility, Jeld Wen History as well as Jeld Wen Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Building Products 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 Jeld Wen. If investors know Jeld 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 Jeld Wen 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 (0.15) | Earnings Share (1.67) | Revenue Per Share 45.815 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0118 |
The market value of Jeld Wen Holding is measured differently than its book value, which is the value of Jeld that is recorded on the company's balance sheet. Investors also form their own opinion of Jeld Wen's value that differs from its market value or its book value, called intrinsic value, which is Jeld Wen'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 Jeld Wen's market value can be influenced by many factors that don't directly affect Jeld Wen'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 Jeld Wen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jeld Wen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jeld Wen'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.