Sjw Corporation Stock Chance of Future Stock Price Finishing Over 59.89
| SJW Stock | USD 52.67 1.33 2.46% |
Closest to current price SJW long CALL Option Payoff at Expiration
SJW |
SJW Target Price Odds to finish over 59.89
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 move over $ 59.89 or more in 90 days |
| 52.67 | 90 days | 59.89 | about 1.18 |
Based on a normal probability distribution, the odds of SJW to move over $ 59.89 or more in 90 days from now is about 1.18 (This SJW Corporation probability density function shows the probability of SJW Stock to fall within a particular range of prices over 90 days) . Probability of SJW Corporation price to stay between its current price of $ 52.67 and $ 59.89 at the end of the 90-day period is about 90.5 .
Considering the 90-day investment horizon SJW has a beta of 0.96. This usually implies SJW Corporation market returns are correlated to returns on the market. As the market goes up or down, SJW is expected to follow. Additionally SJW Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. SJW Price Density |
| Price |
Predictive Modules for SJW
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 Corporation. 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 SJW'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.
SJW Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SJW is not an exception. The market had few large corrections towards the SJW'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 Corporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SJW within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 0.96 | |
σ | Overall volatility | 1.98 | |
Ir | Information ratio | -0.09 |
SJW 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SJW Corporation 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 Corporation generated a negative expected return over the last 90 days | |
| SJW Corporation 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 Corporation 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 Corporation has a strong financial position based on the latest SEC filings | |
| Over 87.0% of SJW shares are owned by institutional investors | |
| On 3rd of June 2024 SJW paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from news.google.com: SJW Group Given Consensus Recommendation of Hold by Brokerages - Defense World |
SJW 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'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'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 Technical Analysis
SJW'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 Corporation. In general, you should focus on analyzing SJW Stock price patterns and their correlations with different microeconomic environments and drivers.
SJW Predictive Forecast Models
SJW's time-series forecasting models is one of many SJW'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'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 Corporation
Checking the ongoing alerts about SJW for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SJW Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SJW Corporation generated a negative expected return over the last 90 days | |
| SJW Corporation 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 Corporation 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 Corporation has a strong financial position based on the latest SEC filings | |
| Over 87.0% of SJW shares are owned by institutional investors | |
| On 3rd of June 2024 SJW paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from news.google.com: SJW Group Given Consensus Recommendation of Hold by Brokerages - Defense World |
Additional Tools for SJW Stock Analysis
When running SJW's price analysis, check to measure SJW'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 is operating at the current time. Most of SJW's value examination focuses on studying past and present price action to predict the probability of SJW'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's price. Additionally, you may evaluate how the addition of SJW to your portfolios can decrease your overall portfolio volatility.