Joann Asset Turnover Trend from 2010 to 2022

JOAN
 Stock
  

USD 10.35  0.55  5.05%   

Joann Asset Turnover yearly trend continues to be quite stable with very little volatility. Asset Turnover may rise above 1.12 this year. From the period between 2010 and 2022, Joann, Asset Turnover regression line of its data series had standard deviation of 0.027864 and standard deviation of  0.027864.
  
Check Joann financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Joann main balance sheet or income statement drivers, such as Consolidated Income of 141.6 M, Cost of Revenue of 1.4 B or Earning Before Interest and Taxes EBIT of 226.4 M, as well as many exotic indicators such as Asset Turnover of 1.12, Book Value per Share of 2.57 or Current Ratio of 1.23. Joann financial statements analysis is a perfect complement when working with Joann Valuation or Volatility modules. It can also supplement Joann's financial leverage analysis and stock options assessment as well as various Joann Technical models . Please see the analysis of Joann Correlation against competitors.
All Fundamentals

About Joann Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Joann income statement, its balance sheet, and the statement of cash flows. Joann investors use historical funamental indicators, such as Joann's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Joann investors may use each financial statement separately, they are all related. The changes in Joann's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Joann'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 Joann Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Joann. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Asset Turnover 1.01  1.12 
Average Assets2.4 B2.6 B
Tangible Asset Value1.8 B1.9 B

Joann Investors Sentiment

The influence of Joann's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Joann. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Joann's public news can be used to forecast risks associated with investment in Joann. The trend in average sentiment can be used to explain how an investor holding Joann can time the market purely based on public headlines and social activities around Joann Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Joann's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Joann's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Joann's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Joann.

Joann Implied Volatility

    
  141.76  
Joann's implied volatility exposes the market's sentiment of Joann Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Joann's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Joann stock will not fluctuate a lot when Joann's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Joann in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Joann's short interest history, or implied volatility extrapolated from Joann options trading.

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Please see the analysis of Joann Correlation against competitors. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Joann Inc 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 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 YOY
-0.69
Market Capitalization
420.9 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
0.0078
Return On Equity
0.052
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 Joann value 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.