Jack Henry Associates Stock Probability of Future Stock Price Finishing Over 169.63
| JKHY Stock | USD 169.63 0.55 0.33% |
Jack |
Jack Henry Target Price Odds to finish over 169.63
The tendency of Jack 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 move above the current price in 90 days |
| 169.63 | 90 days | 169.63 | about 44.4 |
Based on a normal probability distribution, the odds of Jack Henry to move above the current price in 90 days from now is about 44.4 (This Jack Henry Associates probability density function shows the probability of Jack Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Jack Henry has a beta of 0.31. This indicates as returns on the market go up, Jack Henry average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jack Henry Associates will be expected to be much smaller as well. Additionally Jack Henry Associates has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Jack Henry Price Density |
| Price |
Predictive Modules for Jack Henry
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jack Henry Associates. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jack Henry'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.
Jack Henry Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Jack Henry is not an exception. The market had few large corrections towards the Jack Henry'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 Jack Henry Associates, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Jack Henry within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 0.31 | |
σ | Overall volatility | 3.48 | |
Ir | Information ratio | -0.12 |
Jack Henry 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 Jack Henry for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Jack Henry Associates can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Jack Henry generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 26th of March 2024 Jack Henry paid $ 0.55 per share dividend to its current shareholders |
Jack Henry 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 Jack Stock often depends not only on the future outlook of the current and potential Jack Henry'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. Jack Henry's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 73.1 M | |
| Cash And Short Term Investments | 12.2 M |
Jack Henry Technical Analysis
Jack Henry's future price can be derived by breaking down and analyzing its technical indicators over time. Jack Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jack Henry Associates. In general, you should focus on analyzing Jack Stock price patterns and their correlations with different microeconomic environments and drivers.
Jack Henry Predictive Forecast Models
Jack Henry's time-series forecasting models is one of many Jack Henry'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 Jack Henry'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 Jack Henry Associates
Checking the ongoing alerts about Jack Henry for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Jack Henry Associates help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Jack Henry generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 26th of March 2024 Jack Henry paid $ 0.55 per share dividend to its current shareholders |
Check out Jack Henry Backtesting, Jack Henry Valuation, Jack Henry Correlation, Jack Henry Hype Analysis, Jack Henry Volatility, Jack Henry History as well as Jack Henry Performance. Note that the Jack Henry Associates information on this page should be used as a complementary analysis to other Jack Henry'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Jack Stock analysis
When running Jack Henry's price analysis, check to measure Jack Henry'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 Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.
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Is Jack Henry'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 Jack Henry. If investors know Jack 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 Jack Henry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jack Henry Associates is measured differently than its book value, which is the value of Jack that is recorded on the company's balance sheet. Investors also form their own opinion of Jack Henry's value that differs from its market value or its book value, called intrinsic value, which is Jack Henry'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 Jack Henry's market value can be influenced by many factors that don't directly affect Jack Henry'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 Jack Henry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jack Henry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jack Henry'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.