James Hardie Industries Stock Price Prediction
| JHX Stock | USD 36.10 0.03 0.08% |
Oversold Vs Overbought
31
Oversold | Overbought |
James Hardie Industries stock price prediction is an act of determining the future value of James Hardie shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of James Hardie's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of James Hardie and does not consider all of the tangible or intangible factors available from James Hardie's fundamental data. We analyze noise-free headlines and recent hype associated with James Hardie Industries, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting James Hardie's stock price prediction:Quarterly Earnings Growth 0.5 | Wall Street Target Price 36.2 | Quarterly Revenue Growth 0.137 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of James Hardie based on different types of headlines from major news networks to social media. The James stock price prediction module provides an analysis of price elasticity to changes in media outlook on James Hardie over a specific investment horizon. Using James Hardie hype-based prediction, you can estimate the value of James Hardie Industries from the perspective of James Hardie response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in James Hardie. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in James Hardie to buy its stock at a price that has no basis in reality. In that case, they are not buying James 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.
James Hardie after-hype prediction price | USD 36.1 |
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.
James |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of James Hardie's 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.
James Hardie After-Hype Price Prediction Density Analysis
As far as predicting the price of James Hardie 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 James Hardie 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 James Hardie, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
James Hardie Estimiated After-Hype Price Volatility
In the context of predicting James Hardie's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on James Hardie's historical news coverage. James Hardie's after-hype downside and upside margins for the prediction period are 33.77 and 38.43, respectively. We have considered James Hardie'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
James Hardie is very steady at this time. Analysis and calculation of next after-hype price of James Hardie Industries is based on 3 months time horizon.
James Hardie Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as James Hardie is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading James Hardie 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 James Hardie, 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 |
0.04 | 2.37 | 0.02 | 0.05 | 10 Events / Month | 6 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
36.10 | 36.10 | 0.08 |
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James Hardie Hype Timeline
On the 30th of April James Hardie Industries is traded for 36.10. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.05. James is forecasted to increase in value after the next headline, with the price projected to jump to 36.1 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.08%, whereas the daily expected return is currently at -0.04%. The volatility of related hype on James Hardie is about 202.37%, with the expected price after the next announcement by competition of 36.15. The company reported the last year's revenue of 3.78 B. Total Income to common stockholders was 512 M with profit before taxes, overhead, and interest of 1.31 B. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out James Hardie Basic Forecasting Models to cross-verify your projections.James Hardie Related Hype Analysis
Having access to credible news sources related to James Hardie's direct competition is more important than ever and may enhance your ability to predict James Hardie's future price movements. Getting to know how James Hardie'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 James Hardie may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LOMA | Loma Negra Compania | 0.06 | 10 per month | 2.22 | (0.01) | 3.77 | (3.99) | 15.43 | |
| SUM | Summit Materials | (1.60) | 10 per month | 1.64 | 0.07 | 3.28 | (3.28) | 8.86 | |
| USLM | United States Lime | 12.42 | 9 per month | 1.33 | 0.11 | 3.79 | (2.72) | 8.40 | |
| EXP | Eagle Materials | (1.53) | 11 per month | 1.18 | 0.15 | 2.97 | (2.23) | 6.59 | |
| CPAC | Cementos Pacasmayo SAA | 0.26 | 11 per month | 1.88 | (0) | 3.57 | (4.32) | 12.05 | |
| VMC | Vulcan Materials | (0.47) | 11 per month | 0.88 | 0.14 | 1.92 | (1.52) | 6.88 | |
| MLM | Martin Marietta Materials | 0.78 | 13 per month | 0.91 | 0.16 | 2.25 | (1.75) | 4.78 | |
| CX | Cemex SAB de | (0.01) | 10 per month | 2.27 | 0.02 | 2.62 | (3.50) | 13.61 | |
| CRH | CRH PLC ADR | 0.63 | 10 per month | 1.09 | 0.08 | 2.28 | (1.92) | 8.88 |
James Hardie Additional Predictive Modules
Most predictive techniques to examine James price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for James using various technical indicators. When you analyze James 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 James Hardie Predictive Indicators
The successful prediction of James Hardie 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 James Hardie Industries, 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 James Hardie based on analysis of James Hardie hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to James Hardie's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to James Hardie's related companies. | 2020 | 2022 | 2024 (projected) | Dividend Yield | 0.0361 | 0.0134 | 0.0213 | Price To Sales Ratio | 4.66 | 2.55 | 2.13 |
Story Coverage note for James Hardie
The number of cover stories for James Hardie depends on current market conditions and James Hardie's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that James Hardie 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 James Hardie's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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James Hardie Short Properties
James Hardie's future price predictability will typically decrease when James Hardie's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of James Hardie Industries often depends not only on the future outlook of the potential James Hardie'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. James Hardie's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 445.6 M | |
| Cash And Short Term Investments | 113 M |
Check out James Hardie Basic Forecasting Models to cross-verify your projections. Note that the James Hardie Industries information on this page should be used as a complementary analysis to other James Hardie's 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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When running James Hardie's price analysis, check to measure James Hardie'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 James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.
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Is James Hardie's industry 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 James Hardie. If investors know James 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 James Hardie 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 0.5 | Earnings Share 1.21 | Revenue Per Share 8.736 | Quarterly Revenue Growth 0.137 | Return On Assets 0.1225 |
The market value of James Hardie Industries is measured differently than its book value, which is the value of James that is recorded on the company's balance sheet. Investors also form their own opinion of James Hardie's value that differs from its market value or its book value, called intrinsic value, which is James Hardie'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 James Hardie's market value can be influenced by many factors that don't directly affect James Hardie'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 James Hardie's value and its price as these two are different measures arrived at by different means. Investors typically determine if James Hardie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James Hardie'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.