Journey Energy Stock Price Prediction
| JOY Stock | CAD 2.10 0.04 1.87% |
Oversold Vs Overbought
39
Oversold | Overbought |
Quarterly Earnings Growth (0.91) | Wall Street Target Price 3.9167 | Quarterly Revenue Growth (0.15) |
Using Journey Energy hype-based prediction, you can estimate the value of Journey Energy from the perspective of Journey Energy response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Journey Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Journey because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Journey Energy after-hype prediction price | CAD 2.11 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Journey |
Journey Energy After-Hype Price Prediction Density Analysis
As far as predicting the price of Journey Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Journey Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Journey Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Journey Energy Estimiated After-Hype Price Volatility
In the context of predicting Journey Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Journey Energy's historical news coverage. Journey Energy's after-hype downside and upside margins for the prediction period are 0.11 and 4.48, respectively. We have considered Journey Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Journey Energy is unstable at this time. Analysis and calculation of next after-hype price of Journey Energy is based on 3 months time horizon.
Journey Energy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Journey Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Journey Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Journey Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 2.37 | 0.01 | 0.00 | 1 Events / Month | 1 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.10 | 2.11 | 0.48 |
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Journey Energy Hype Timeline
Journey Energy is currently traded for 2.10on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Journey is anticipated to increase in value after the next headline, with the price projected to jump to 2.11 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.48%, whereas the daily expected return is currently at -0.1%. The volatility of related hype on Journey Energy is about 9115.38%, with the expected price after the next announcement by competition of 2.10. The company reported the revenue of 186.92 M. Net Income was 15.82 M with profit before overhead, payroll, taxes, and interest of 118.81 M. Assuming the 90 days trading horizon the next anticipated press release will be very soon. Check out Journey Energy Basic Forecasting Models to cross-verify your projections.Journey Energy Related Hype Analysis
Having access to credible news sources related to Journey Energy's direct competition is more important than ever and may enhance your ability to predict Journey Energy's future price movements. Getting to know how Journey Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Journey Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GXE | Gear Energy | (0.02) | 3 per month | 0.00 | (0.11) | 3.92 | (4.84) | 12.23 | |
| IPO | InPlay Oil Corp | 0.04 | 3 per month | 0.00 | (0.21) | 3.45 | (3.76) | 8.86 | |
| HWX | Headwater Exploration | 0.11 | 2 per month | 0.00 | (0.07) | 2.62 | (2.98) | 8.92 | |
| CJ | Cardinal Energy | (0.01) | 2 per month | 0.00 | (0.18) | 1.43 | (2.20) | 3.95 | |
| PNE | Pine Cliff Energy | 0.01 | 2 per month | 0.00 | (0.05) | 5.10 | (3.92) | 12.63 |
Journey Energy Additional Predictive Modules
Most predictive techniques to examine Journey price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Journey using various technical indicators. When you analyze Journey charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Journey Energy Predictive Indicators
The successful prediction of Journey Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Journey Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Journey Energy based on analysis of Journey Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Journey Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Journey Energy's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0959 | 0.0666 | Price To Sales Ratio | 1.25 | 1.68 |
Story Coverage note for Journey Energy
The number of cover stories for Journey Energy depends on current market conditions and Journey Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Journey Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Journey Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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Journey Energy Short Properties
Journey Energy's future price predictability will typically decrease when Journey Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Journey Energy often depends not only on the future outlook of the potential Journey Energy'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. Journey Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.2 M | |
| Cash And Short Term Investments | 17.7 M |
Other Information on Investing in Journey Stock
Journey Energy financial ratios help investors to determine whether Journey 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 Journey with respect to the benefits of owning Journey Energy security.