Jack Henry Associates Stock Probability of Future Stock Price Finishing Under 175.73
| JKHY Stock | USD 176.88 0.63 0.35% |
Jack |
Jack Henry Target Price Odds to finish below 175.73
The tendency of Jack 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 $ 175.73 or more in 90 days |
| 176.88 | 90 days | 175.73 | about 28.82 |
Based on a normal probability distribution, the odds of Jack Henry to drop to $ 175.73 or more in 90 days from now is about 28.82 (This Jack Henry Associates probability density function shows the probability of Jack Stock to fall within a particular range of prices over 90 days) . Probability of Jack Henry Associates price to stay between $ 175.73 and its current price of $176.88 at the end of the 90-day period is about 9.49 .
Given the investment horizon of 90 days Jack Henry has a beta of 0.21. This indicates as returns on the market go up, Jack Henry average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jack Henry Associates will be expected to be much smaller as well. Additionally Jack Henry Associates has an alpha of 0.0517, implying that it can generate a 0.0517 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Jack Henry Price Density |
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Predictive Modules for Jack Henry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jack Henry Associates. 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.Jack Henry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jack Henry is not an exception. The market had few large corrections towards the Jack Henry'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 Jack Henry Associates, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jack Henry within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 4.42 | |
Ir | Information ratio | 0.04 |
Jack Henry 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 Jack Henry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jack Henry Associates can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Investors in Jack Henry Associates have seen returns of 28 percent over the past five years |
Jack Henry 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 Jack Stock often depends not only on the future outlook of the current and potential Jack Henry'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. Jack Henry's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 73 M | |
| Cash And Short Term Investments | 38.3 M |
Jack Henry Technical Analysis
Jack Henry's future price can be derived by breaking down and analyzing its technical indicators over time. Jack Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jack Henry Associates. In general, you should focus on analyzing Jack Stock price patterns and their correlations with different microeconomic environments and drivers.
Jack Henry Predictive Forecast Models
Jack Henry's time-series forecasting models is one of many Jack Henry'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 Jack Henry'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 Jack Henry Associates
Checking the ongoing alerts about Jack Henry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jack Henry Associates help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Investors in Jack Henry Associates have seen returns of 28 percent over the past five years |
Additional Tools for Jack Stock Analysis
When running Jack Henry's price analysis, check to measure Jack Henry'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 Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.