Raymond James Financial Actions (NYSE: RJF) has lost 1.9% in the past five trading days and is currently trading at nearly $ 136 per share. Raymond James Financial is a financial holding company which provides services such as investment management, sales and trading, merchant and retail banking, etc. Its stock gained nearly 43% on the year, compared to the S & P500’s 19% rise.
The company recently approved a three-for-two stock split in the form of a 50% stock dividend. This means that its shareholders will receive one additional RJF share for every two RJF shares they hold. In addition, shareholders of record on September 9 will be eligible for the process, which is due to be completed on September 21. In addition, the company decreased the amount of the dividend per share from $ 0.39 to $ 0.26 per share to compensate for the increase in the number of shares.
But will RJF stock continue its bearish path over the next few weeks, or is the stock more likely to rise? According to the Trefis Machine Learning Engine, which identifies trends in a company’s stock price data over the past ten years, RJF stock returns average close to 3.1% then one month (21 trading days) period after experiencing a decline of 1.9% in the last week (five trading days). In addition, there is a 69% chance that the stock will give positive returns over the next month.
But how would those numbers change if you wanted to hold RJF shares for a longer or shorter period? You can test the answer and many other combinations on the Trefis Machine learning to test Rise risks of Raymond James Financial shares after a fall and vice versa. You can test the chances of recovery over different time intervals of a quarter, a month, or even a single day!
MACHINE LEARNING MOTOR – try it yourself:
IF The RJF share has evolved by -5% over five trading days, SO Over the next 21 trading days, the RJF share moves an average of 2.7% with a 68.3% probability of positive returns.
Some fun scenarios, FAQs and direction of the movements of financial stocks from Raymond James:
Question 1: Is the average return of Raymond James Financial Stock higher after a decline?
Consider two situations,
Case 1: Raymond James Financial shares fall -5% or more in one week
Case 2: Raymond James Financial stock increases by 5% or more in a week
Is the average return on Raymond James Financial shares higher in the next month after Case 1 or Case 2?
RJF Actions fares better after case 1, with an average return of 2.7% during the following month (21 trading days) in case 1 (where the stock has just suffered a loss of 5% during the previous week), against an average return 1.3% for case 2.
In comparison, the S&P 500 has an average return of 3.1% over the next 21 trading days in case 1, and an average return of only 0.5% for case 2, as detailed in our dashboard. which details the average return of the S&P 500 after a fall or rise.
Try the Trefis machine learning engine above to see for yourself how Raymond James Financial stock is likely to behave after a specific gain or loss over a period of time.
Question 2: Does patience pay?
If you buy and hold shares in Raymond James Financial, it is expected that over time short-term fluctuations will cancel each other out and the long-term positive trend will favor you – at least if the company is by elsewhere solid.
All in all, according to data and calculations from the machine learning engine Trefis, patience absolutely pays for most actions!
For the RJF share, the returns over the following N days after a variation of -5% over the last five trading days are detailed in the table below, as well as the returns of the S & P500:
Question 3: What about the average return after a rise if you wait a while?
The average return after a rise is naturally lower than that after a fall, as detailed in the previous question. Interestingly, however, if a stock has won in the last few days, you’d better avoid short-term bets for most stocks.
The returns of RJF over the next N days after a 5% change in the last five trading days are detailed in the table below, along with the returns of the S & P500:
It is powerful enough to test the trend for the Raymond James Financial stock for yourself by changing the entries in the charts above.
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