Jushi Holdings Stock Probability of Future OTC Stock Price Finishing Over 0.7
| JUSHF Stock | USD 0.72 0.15 17.24% |
Jushi |
Jushi Holdings Target Price Odds to finish over 0.7
The tendency of Jushi OTC 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 above $ 0.70 in 90 days |
| 0.72 | 90 days | 0.70 | about 58.92 |
Based on a normal probability distribution, the odds of Jushi Holdings to stay above $ 0.70 in 90 days from now is about 58.92 (This Jushi Holdings probability density function shows the probability of Jushi OTC Stock to fall within a particular range of prices over 90 days) . Probability of Jushi Holdings price to stay between $ 0.70 and its current price of $0.72 at the end of the 90-day period is about 8.92 .
Assuming the 90 days horizon Jushi Holdings has a beta of -0.5. This indicates as returns on the benchmark increase, returns on holding Jushi Holdings are expected to decrease at a much lower rate. During a bear market, however, Jushi Holdings is likely to outperform the market. Additionally Jushi Holdings has an alpha of 0.6036, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Jushi Holdings Price Density |
| Price |
Predictive Modules for Jushi Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jushi Holdings. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jushi Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jushi Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jushi Holdings is not an exception. The market had few large corrections towards the Jushi Holdings' 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 Jushi Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jushi Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.60 | |
β | Beta against NYSE Composite | -0.5 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.07 |
Jushi Holdings 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 Jushi Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jushi Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jushi Holdings had very high historical volatility over the last 90 days | |
| Jushi Holdings has some characteristics of a very speculative penny stock | |
| Jushi Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 125.11 M in total debt with debt to equity ratio (D/E) of 1.39, which is about average as compared to similar companies. Jushi Holdings has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jushi Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Jushi Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jushi Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jushi to invest in growth at high rates of return. When we think about Jushi Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 20.0% of Jushi Holdings shares are held by company insiders |
Jushi Holdings 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 Jushi OTC Stock often depends not only on the future outlook of the current and potential Jushi Holdings' 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. Jushi Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 182.7 M |
Jushi Holdings Technical Analysis
Jushi Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Jushi OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jushi Holdings. In general, you should focus on analyzing Jushi OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Jushi Holdings Predictive Forecast Models
Jushi Holdings' time-series forecasting models is one of many Jushi Holdings' otc 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 Jushi Holdings' 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 otc stock market movement and maximize returns from investment trading.
Things to note about Jushi Holdings
Checking the ongoing alerts about Jushi Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jushi Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jushi Holdings had very high historical volatility over the last 90 days | |
| Jushi Holdings has some characteristics of a very speculative penny stock | |
| Jushi Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 125.11 M in total debt with debt to equity ratio (D/E) of 1.39, which is about average as compared to similar companies. Jushi Holdings has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Jushi Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Jushi Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jushi Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jushi to invest in growth at high rates of return. When we think about Jushi Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 20.0% of Jushi Holdings shares are held by company insiders |
Check out Jushi Holdings Backtesting, Jushi Holdings Valuation, Jushi Holdings Correlation, Jushi Holdings Hype Analysis, Jushi Holdings Volatility, Jushi Holdings History as well as Jushi Holdings Performance. Note that the Jushi Holdings information on this page should be used as a complementary analysis to other Jushi Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Jushi OTC Stock analysis
When running Jushi Holdings' price analysis, check to measure Jushi Holdings' 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 Jushi Holdings is operating at the current time. Most of Jushi Holdings' value examination focuses on studying past and present price action to predict the probability of Jushi Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jushi Holdings' price. Additionally, you may evaluate how the addition of Jushi Holdings to your portfolios can decrease your overall portfolio volatility.
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