Joann Inc Stock Price on June 16, 2022
| JOAN Stock | USD 0.08 0.01 8.78% |
If you're considering investing in Joann Stock, it is important to understand the factors that can impact its price. As of today, the current price of Joann stands at 0.08, as last reported on the 16th of April 2024, with the highest price reaching 0.09 and the lowest price hitting 0.07 during the day. Joann Inc holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. Joann Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Joann's Market Risk Adjusted Performance of 9.11, standard deviation of 9.7, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
At this time, Joann's Stock Based Compensation is very stable compared to the past year. As of the 16th of April 2024, Stock Based Compensation To Revenue is likely to grow to 0.0008, while Common Stock Shares Outstanding is likely to drop about 37.2 M. . As of the 16th of April 2024, Price To Sales Ratio is likely to drop to 0. In addition to that, Price Earnings Ratio is likely to grow to -0.0086. Joann Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Joann |
Sharpe Ratio = -0.2182
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| Negative Returns | JOAN |
Estimated Market Risk
| 9.93 actual daily | 87 87% of assets are less volatile |
Expected Return
| -2.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Joann is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Joann by adding Joann to a well-diversified portfolio.
Price Book 3.0896 | Enterprise Value Ebitda (18.01) | Price Sales 0.0019 | Shares Float 11.7 M | Wall Street Target Price 1.5 |
Joann Valuation on June 16, 2022
It is possible to determine the worth of Joann on a given historical date. On June 16, 2022 Joann was worth 8.62 at the beginning of the trading date compared to the closed value of 8.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Joann stock. Still, in general, we apply an absolute valuation method to find Joann's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Joann where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Joann's related companies.
| Open | High | Low | Close | Volume | |
| 8.15 | 8.99 | 8.15 | 8.79 | 531,100 | |
06/16/2022 | 8.62 | 9.09 | 8.61 | 8.84 | 495,900 |
| 8.88 | 9.19 | 8.59 | 8.59 | 301,600 |
| Backtest Joann | | | Joann History | | | Joann Valuation | Previous | Next |
Joann Trading Date Momentum on June 16, 2022
| On June 17 2022 Joann Inc was traded for 8.59 at the closing time. The top price for the day was 9.19 and the lowest listed price was 8.59 . The trading volume for the day was 301.6 K. The trading history from June 17, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.83% . The trading delta at closing time against the current closing price is 3.62% . |
Joann Inc Fundamentals Correlations and Trends
By evaluating Joann's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Joann's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Joann financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Joann Stock history
Joann investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Joann is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Joann Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Joann stock prices may prove useful in developing a viable investing in Joann
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 46.8 M | 37.2 M | |
| Net Loss | -180.5 M | -171.5 M |
Joann Quarterly Net Working Capital |
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Joann Stock Technical Analysis
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.
Price Boundaries
Joann Period Price Range
Low | June 16, 2022
| High |
8.62 | 8.84 |
Joann April 16, 2024 Market Strength
Market strength 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 undertsting and applying Joann stock market strength indicators, traders can identify Joann Inc entry and exit signals to maximize returns
| Accumulation Distribution | 26186.14 | |||
| Daily Balance Of Power | 0.4583 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 8.85 | |||
| Day Typical Price | 8.85 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | (8.76) |
Joann Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Joann's price direction in advance. Along with the technical and fundamental analysis of Joann Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Joann to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (2.09) | |||
| Total Risk Alpha | (2.92) | |||
| Treynor Ratio | 9.1 |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joann Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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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.