Joann Competitors

JOAN Stock  USD 0.11  0.01  13.52%   
Joann Inc competes with EVgo Equity, and WEBUY GLOBAL; as well as few others. The company conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. Analyzing Joann competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Joann to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Joann Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Joann competition on your existing holdings.
  
As of the 29th of March 2024, Return On Capital Employed is likely to grow to 0.04, though Return On Assets are likely to grow to (0.23). At this time, Joann's Net Tangible Assets are very stable compared to the past year. As of the 29th of March 2024, Non Currrent Assets Other is likely to grow to about 23.3 M, while Total Assets are likely to drop about 2.5 B.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Joann'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.
Hype
Prediction
LowEstimatedHigh
0.000.079.78
Details
Intrinsic
Valuation
LowRealHigh
0.020.4310.14
Details
Naive
Forecast
LowNextHigh
00.189.90
Details
1 Analysts
Consensus
LowTargetHigh
1.261.381.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Joann. Your research has to be compared to or analyzed against Joann's peers to derive any actionable benefits. When done correctly, Joann's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Joann Inc.

Joann Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Joann and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Joann and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Joann Inc does not affect the price movement of the other competitor.
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Cross Equities Net Income Analysis

Compare Joann Inc and related stocks such as EVgo Equity Warrants, and WEBUY GLOBAL LTD Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
EVGOW(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(34.9 M)(57.3 M)(8.4 M)(106.2 M)(42.1 M)(44.2 M)
WBUY(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(6.7 M)(7.7 M)(8 M)

Joann Inc and related stocks such as EVgo Equity Warrants, and WEBUY GLOBAL LTD Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Joann Inc financial statement analysis. It represents the amount of money remaining after all of Joann Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Joann Competitive Analysis

The better you understand Joann competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Joann's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Joann's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
JOANEVGOWWBUY
 13.52 
 0.11 
Joann
 11.76 
 0.19 
EVgo
 2.50 
 0.41 
WEBUY
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Joann Competition Performance Charts

Five steps to successful analysis of Joann Competition

Joann's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Joann Inc in relation to its competition. Joann's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Joann in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Joann's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Joann Inc, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Joann position

In addition to having Joann in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Retail Thematic Idea Now

Retail
Retail Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.
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When determining whether Joann Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Joann's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Joann Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Joann Inc Stock:
Check out Joann Correlation with its peers.
Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Joann's price analysis, check to measure Joann'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 Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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Is Joann'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 Joann. If investors know Joann 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 Joann 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
(0.69)
Earnings Share
(5.81)
Revenue Per Share
52.125
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.03)
The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann'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 Joann's market value can be influenced by many factors that don't directly affect Joann'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 Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Joann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann'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.