Joann Inc Stock Alpha and Beta Analysis
| JOAN Stock | USD 0.16 0.04 33.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Joann Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Joann over a specified time horizon. Remember, high Joann's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Joann's market risk premium analysis include:
Beta 2.23 | Alpha (1.09) | Risk 11.63 | Sharpe Ratio (0.08) | Expected Return (0.91) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Joann |
Joann Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Joann market risk premium is the additional return an investor will receive from holding Joann long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Joann. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Joann's performance over market.| α | -1.09 | β | 2.23 |
Joann expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Joann's Buy-and-hold return. Our buy-and-hold chart shows how Joann performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Joann Market Price Analysis
Market price analysis indicators help investors to evaluate how Joann stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Joann shares will generate the highest return on investment. By understating and applying Joann stock market price indicators, traders can identify Joann position entry and exit signals to maximize returns.
Joann Return and Market Media
The median price of Joann for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 0.25 with a coefficient of variation of 60.0. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 0.31, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | JOAN Stock Alert New Data Says Investors Should Brace for a Joann Bankruptcy | 03/07/2024 |
2 | Disposition of tradable shares by Corrie Pamela B of Joann subject to Rule 16b-3 | 03/12/2024 |
3 | Dicks Sporting Goods Q4 Earnings and Revenues Beat Estimates | 03/14/2024 |
4 | JOANN Inc Enters Agreement to Reduce Debt and Receive 132 Mln in New Capital | 03/18/2024 |
5 | Chip Stocks Alert Why INTC, AMD Are Falling Today | 03/25/2024 |
6 | Joann Inc. shareholders will exit the companys bankruptcy with nothing | 03/26/2024 |
7 | JOANN Target of Unusually Large Options Trading - Defense World | 04/04/2024 |
8 | JOANN Sees Unusually Large Options Volume - Defense World | 04/18/2024 |
About Joann Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Joann or other stocks. Alpha measures the amount that position in Joann Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2023 | 2024 (projected) | Dividend Yield | 0.0878 | 0.0603 | 0.0478 | Price To Sales Ratio | 0.0688 | 0.00222 | 0.002109 |
Joann Upcoming Company Events
As portrayed in its financial statements, the presentation of Joann's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Joann's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Joann's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Joann. Please utilize our Beneish M Score to check the likelihood of Joann's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 3rd of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Joann
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out Joann Backtesting, Joann Valuation, Joann Correlation, Joann Hype Analysis, Joann Volatility, Joann History and analyze Joann Performance. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Joann Stock analysis
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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Joann technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.