Johnson Johnson Stock Probability of Future Stock Price Finishing Over 156.19
| JNJ Stock | USD 155.40 0.88 0.57% |
Closest to current price Johnson long CALL Option Payoff at Expiration
Johnson |
Johnson Johnson Target Price Odds to finish over 156.19
The tendency of Johnson 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 move over $ 156.19 or more in 90 days |
| 155.40 | 90 days | 156.19 | about 80.82 |
Based on a normal probability distribution, the odds of Johnson Johnson to move over $ 156.19 or more in 90 days from now is about 80.82 (This Johnson Johnson probability density function shows the probability of Johnson Stock to fall within a particular range of prices over 90 days) . Probability of Johnson Johnson price to stay between its current price of $ 155.40 and $ 156.19 at the end of the 90-day period is nearly 4.71 .
Considering the 90-day investment horizon Johnson Johnson has a beta of 0.21. This indicates as returns on the market go up, Johnson Johnson average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Johnson Johnson will be expected to be much smaller as well. Additionally Johnson Johnson 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. Johnson Johnson Price Density |
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Predictive Modules for Johnson Johnson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Johnson Johnson. 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.Johnson Johnson Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Johnson Johnson is not an exception. The market had few large corrections towards the Johnson Johnson'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 Johnson Johnson, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Johnson Johnson within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 4.20 | |
Ir | Information ratio | -0.26 |
Johnson Johnson 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 Johnson Johnson for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Johnson Johnson can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Johnson Johnson generated a negative expected return over the last 90 days | |
| Johnson Johnson has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from stockhead.com.au: Dr Borehams Crucible The rise and rise of LTR Pharma |
Johnson Johnson 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 Johnson Stock often depends not only on the future outlook of the current and potential Johnson Johnson'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. Johnson Johnson's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.6 B | |
| Cash And Short Term Investments | 22.9 B |
Johnson Johnson Technical Analysis
Johnson Johnson's future price can be derived by breaking down and analyzing its technical indicators over time. Johnson Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Johnson Johnson. In general, you should focus on analyzing Johnson Stock price patterns and their correlations with different microeconomic environments and drivers.
Johnson Johnson Predictive Forecast Models
Johnson Johnson's time-series forecasting models is one of many Johnson Johnson'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 Johnson Johnson'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 Johnson Johnson
Checking the ongoing alerts about Johnson Johnson for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Johnson Johnson help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Johnson Johnson generated a negative expected return over the last 90 days | |
| Johnson Johnson has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from stockhead.com.au: Dr Borehams Crucible The rise and rise of LTR Pharma |
Check out Johnson Johnson Backtesting, Johnson Johnson Valuation, Johnson Johnson Correlation, Johnson Johnson Hype Analysis, Johnson Johnson Volatility, Johnson Johnson History as well as Johnson Johnson Performance. For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Pharmaceuticals 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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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 (0.89) | Dividend Share 4.86 | Earnings Share 6.06 | Revenue Per Share 36.428 | Quarterly Revenue Growth 0.052 |
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.