Sjw Group Common Stock Probability of Future Stock Price Finishing Under 69.21
| SJW Stock | USD 54.33 0.78 1.46% |
SJW |
SJW Group Target Price Odds to finish below 69.21
The tendency of SJW 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 $ 69.21 after 90 days |
| 54.33 | 90 days | 69.21 | close to 99 |
Based on a normal probability distribution, the odds of SJW Group to stay under $ 69.21 after 90 days from now is close to 99 (This SJW Group Common probability density function shows the probability of SJW Stock to fall within a particular range of prices over 90 days) . Probability of SJW Group Common price to stay between its current price of $ 54.33 and $ 69.21 at the end of the 90-day period is about 84.62 .
Considering the 90-day investment horizon SJW Group has a beta of 0.51. This usually implies as returns on the market go up, SJW Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SJW Group Common will be expected to be much smaller as well. Additionally SJW Group Common 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. SJW Group Price Density |
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Predictive Modules for SJW Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SJW Group Common. 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.SJW Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SJW Group is not an exception. The market had few large corrections towards the SJW Group'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 SJW Group Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SJW Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.14 |
SJW Group 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 SJW Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SJW Group Common can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SJW Group Common generated a negative expected return over the last 90 days | |
| SJW Group Common has 1.75 B in debt with debt to equity (D/E) ratio of 1.58, which is OK given its current industry classification. SJW Group Common has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for SJW to invest in growth at high rates of return. | |
| SJW Group Common has a strong financial position based on the latest SEC filings | |
| Over 83.0% of SJW Group shares are owned by institutional investors | |
| On 2nd of December 2024 SJW Group paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: SJW or AWR Which Is the Better Value Stock Right Now |
SJW Group 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 SJW Stock often depends not only on the future outlook of the current and potential SJW Group'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. SJW Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.7 M | |
| Cash And Short Term Investments | 9.7 M |
SJW Group Technical Analysis
SJW Group's future price can be derived by breaking down and analyzing its technical indicators over time. SJW Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SJW Group Common. In general, you should focus on analyzing SJW Stock price patterns and their correlations with different microeconomic environments and drivers.
SJW Group Predictive Forecast Models
SJW Group's time-series forecasting models is one of many SJW Group'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 SJW Group'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 SJW Group Common
Checking the ongoing alerts about SJW Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SJW Group Common help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SJW Group Common generated a negative expected return over the last 90 days | |
| SJW Group Common has 1.75 B in debt with debt to equity (D/E) ratio of 1.58, which is OK given its current industry classification. SJW Group Common has a current ratio of 0.49, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for SJW to invest in growth at high rates of return. | |
| SJW Group Common has a strong financial position based on the latest SEC filings | |
| Over 83.0% of SJW Group shares are owned by institutional investors | |
| On 2nd of December 2024 SJW Group paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: SJW or AWR Which Is the Better Value Stock Right Now |
Additional Tools for SJW Stock Analysis
When running SJW Group's price analysis, check to measure SJW Group'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 SJW Group is operating at the current time. Most of SJW Group's value examination focuses on studying past and present price action to predict the probability of SJW Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SJW Group's price. Additionally, you may evaluate how the addition of SJW Group to your portfolios can decrease your overall portfolio volatility.