Johnson Outdoors Stock Alpha and Beta Analysis
| JOUT Stock | USD 42.29 0.18 0.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Johnson Outdoors. It also helps investors analyze the systematic and unsystematic risks associated with investing in Johnson Outdoors over a specified time horizon. Remember, high Johnson Outdoors' 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 Johnson Outdoors' market risk premium analysis include:
Beta 1.41 | Alpha (0.27) | Risk 2 | Sharpe Ratio (0.1) | Expected Return (0.19) |
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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.
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Johnson Outdoors Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Johnson Outdoors market risk premium is the additional return an investor will receive from holding Johnson Outdoors 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 Johnson Outdoors. 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 Johnson Outdoors' performance over market.| α | -0.27 | β | 1.41 |
Johnson Outdoors 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 Johnson Outdoors' Buy-and-hold return. Our buy-and-hold chart shows how Johnson Outdoors performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Johnson Outdoors Market Price Analysis
Market price analysis indicators help investors to evaluate how Johnson Outdoors stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Johnson Outdoors shares will generate the highest return on investment. By understating and applying Johnson Outdoors stock market price indicators, traders can identify Johnson Outdoors position entry and exit signals to maximize returns.
Johnson Outdoors Return and Market Media
The median price of Johnson Outdoors for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 44.63 with a coefficient of variation of 3.69. The daily time series for the period is distributed with a sample standard deviation of 1.65, arithmetic mean of 44.64, and mean deviation of 1.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Johnson Outdoors 1Q Sales Drop on High Inventories and Soft Demand | 02/02/2024 |
2 | Sleeping Bag Market Size to Surpass Around US 2.79 Billion 2030, Recording a CAGR of 7.9 percent Report by CoherentMI | 02/27/2024 |
3 | Purchase by Tisch Daniel R of 801 shares of Johnson Outdoors | 02/28/2024 |
4 | Johnson Outdoors declares 0.33 dividend | 02/29/2024 |
5 | Acquisition by Zipfel Liliann Annie of 2409 shares of Johnson Outdoors subject to Rule 16b-3 | 03/04/2024 |
6 | Short Interest in Johnson Outdoors Inc. Expands By 5.4 percent - Defense World | 03/20/2024 |
7 | A Look Back at Leisure Products Stocks Q4 Earnings Brunswick Vs The Rest Of The Pack | 04/04/2024 |
8 | Is There Now An Opportunity In Johnson Outdoors Inc. - Yahoo News Australia | 04/12/2024 |
9 | Johnson Outdoors to Release Fiscal 2024 Second Quarter Results on May 3, 2024 | 04/18/2024 |
10 | Good for the Great Outdoors With Johnson Outdoors | 04/23/2024 |
About Johnson Outdoors 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 Johnson or other stocks. Alpha measures the amount that position in Johnson Outdoors 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.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0228 | 0.0235 | 0.0246 | Price To Sales Ratio | 0.83 | 0.69 | 0.48 |
Johnson Outdoors Upcoming Company Events
As portrayed in its financial statements, the presentation of Johnson Outdoors' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Johnson Outdoors' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Johnson Outdoors' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Johnson Outdoors. Please utilize our Beneish M Score to check the likelihood of Johnson Outdoors' management manipulating its earnings.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with Johnson Outdoors
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
Align your risk with return expectations
Check out Johnson Outdoors Backtesting, Johnson Outdoors Valuation, Johnson Outdoors Correlation, Johnson Outdoors Hype Analysis, Johnson Outdoors Volatility, Johnson Outdoors History and analyze Johnson Outdoors Performance. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Johnson Stock analysis
When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Johnson Outdoors 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.