JS Investments (Pakistan) Probability of Future Stock Price Finishing Under 24.19

JSIL Stock   24.67  0.97  4.09%   
JS Investments' future price is the expected price of JS Investments instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of JS Investments performance during a given time horizon utilizing its historical volatility. Check out JS Investments Backtesting, JS Investments Valuation, JS Investments Correlation, JS Investments Hype Analysis, JS Investments Volatility, JS Investments History as well as JS Investments Performance.
  
Please specify JS Investments' target price for which you would like JS Investments odds to be computed.

JS Investments Target Price Odds to finish below 24.19

The tendency of JSIL 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 PriceHorizonTarget PriceOdds to drop to  24.19  or more in 90 days
 24.67 90 days 24.19 
about 86.44
Based on a normal probability distribution, the odds of JS Investments to drop to  24.19  or more in 90 days from now is about 86.44 (This JS Investments probability density function shows the probability of JSIL Stock to fall within a particular range of prices over 90 days) . Probability of JS Investments price to stay between  24.19  and its current price of 24.67 at the end of the 90-day period is nearly 4.33 .
Assuming the 90 days trading horizon JS Investments has a beta of -0.24. This indicates as returns on the benchmark increase, returns on holding JS Investments are expected to decrease at a much lower rate. During a bear market, however, JS Investments is likely to outperform the market. Additionally JS Investments has an alpha of 0.7485, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   JS Investments Price Density   
       Price  

Predictive Modules for JS Investments

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JS Investments. 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.
Hype
Prediction
LowEstimatedHigh
20.9124.6728.43
Details
Intrinsic
Valuation
LowRealHigh
15.9619.7227.14
Details

JS Investments Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. JS Investments is not an exception. The market had few large corrections towards the JS Investments' 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 JS Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of JS Investments within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.75
β
Beta against Dow Jones-0.24
σ
Overall volatility
2.11
Ir
Information ratio 0.14

JS Investments 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 JS Investments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for JS Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
JS Investments had very high historical volatility over the last 90 days

JS Investments Technical Analysis

JS Investments' future price can be derived by breaking down and analyzing its technical indicators over time. JSIL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of JS Investments. In general, you should focus on analyzing JSIL Stock price patterns and their correlations with different microeconomic environments and drivers.

JS Investments Predictive Forecast Models

JS Investments' time-series forecasting models is one of many JS Investments' 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 JS Investments' 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 JS Investments

Checking the ongoing alerts about JS Investments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for JS Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
JS Investments had very high historical volatility over the last 90 days

Other Information on Investing in JSIL Stock

JS Investments financial ratios help investors to determine whether JSIL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JSIL with respect to the benefits of owning JS Investments security.