JBHT Other Assets from 2010 to 2024
| JBHT Stock | USD 158.39 0.77 0.49% |
Other Assets | First Reported 2000-03-31 | Previous Quarter 1 | Current Value (1.00) | Quarterly Volatility 140 M |
Check JB Hunt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JBHT main balance sheet or income statement drivers, such as Depreciation And Amortization of 774.9 M, Interest Expense of 69.2 M or Total Revenue of 13.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0114 or PTB Ratio of 3.74. JBHT financial statements analysis is a perfect complement when working with JB Hunt Valuation or Volatility modules.
JBHT | Other Assets |
Latest JB Hunt's Other Assets Growth Pattern
Below is the plot of the Other Assets of JB Hunt Transport over the last few years. It is JB Hunt's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JB Hunt's overall financial position and show how it may be relating to other accounts over time.
| Other Assets | 10 Years Trend |
|
Other Assets |
| Timeline |
JBHT Other Assets Regression Statistics
| Arithmetic Mean | 47,272,867 | |
| Geometric Mean | 556,043 | |
| Coefficient Of Variation | 211.04 | |
| Mean Deviation | 52,476,071 | |
| Median | 24,635,000 | |
| Standard Deviation | 99,766,575 | |
| Sample Variance | 9953.4T | |
| Range | 397.4M | |
| R-Value | 0.02 | |
| Mean Square Error | 10715.9T | |
| R-Squared | 0.0003 | |
| Significance | 0.95 | |
| Slope | 377,761 | |
| Total Sum of Squares | 139347.2T |
JBHT Other Assets History
About JB Hunt Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include JB Hunt income statement, its balance sheet, and the statement of cash flows. JB Hunt investors use historical funamental indicators, such as JB Hunt's Other Assets, to determine how well the company is positioned to perform in the future. Although JB Hunt investors may use each financial statement separately, they are all related. The changes in JB Hunt's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JB Hunt's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JB Hunt Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JB Hunt. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Assets | 1.00 | 0.95 |
Pair Trading with JB Hunt
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JB Hunt position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JB Hunt will appreciate offsetting losses from the drop in the long position's value.Moving together with JBHT Stock
| 0.73 | EXPD | Expeditors International | PairCorr |
| 0.83 | JYD | Jayud Global Logistics | PairCorr |
Moving against JBHT Stock
| 0.88 | AIRT | Air T Inc Downward Rally | PairCorr |
| 0.65 | ZTO | ZTO Express | PairCorr |
| 0.45 | SFWL | Shengfeng Development | PairCorr |
The ability to find closely correlated positions to JB Hunt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JB Hunt when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JB Hunt - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JB Hunt Transport to buy it.
The correlation of JB Hunt is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JB Hunt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JB Hunt Transport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JB Hunt can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of JB Hunt Correlation against competitors. Note that the JB Hunt Transport information on this page should be used as a complementary analysis to other JB Hunt'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for JBHT Stock analysis
When running JB Hunt's price analysis, check to measure JB Hunt'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 JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
Is JB Hunt'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 JB Hunt. If investors know JBHT 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 JB Hunt 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 (0.35) | Dividend Share 1.69 | Earnings Share 6.3 | Revenue Per Share 121.411 | Quarterly Revenue Growth (0.09) |
The market value of JB Hunt Transport is measured differently than its book value, which is the value of JBHT that is recorded on the company's balance sheet. Investors also form their own opinion of JB Hunt's value that differs from its market value or its book value, called intrinsic value, which is JB Hunt'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 JB Hunt's market value can be influenced by many factors that don't directly affect JB Hunt'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 JB Hunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if JB Hunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JB Hunt'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.