Joann Inc Stock Price on December 19, 2022

JOAN Stock  USD 0.08  0  5.13%   
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 13th of May 2024, with the highest price reaching 0.09 and the lowest price hitting 0.07 during the day. We have found nine technical indicators for Joann Inc, which you can use to evaluate the volatility of the firm. Please check out Joann's Accumulation Distribution of 0.21, day typical price of 0.0775, and Daily Balance Of Power of (0.22) to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Joann Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

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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.

Joann Valuation on December 19, 2022

It is possible to determine the worth of Joann on a given historical date. On December 19, 2022 Joann was worth 3.37 at the beginning of the trading date compared to the closed value of 2.92. 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
  3.55    3.58    3.32    3.33    294,000  
12/19/2022
  3.37    3.37    2.90    2.92    200,200  
  2.93    2.93    2.61    2.62    334,500  
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Open Value
3.37
2.92
Closing Value
3.37
Upside

Joann Trading Date Momentum on December 19, 2022

On December 20 2022 Joann Inc was traded for  2.62  at the closing time. The top price for the day was 2.93  and the lowest listed price was  2.61 . The trading volume for the day was 334.5 K. The trading history from December 20, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 10.27% . The trading delta at closing time against the current closing price is 13.01% .

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
JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. Joann operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 5060 people.

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.
A focus of Joann technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Joann trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Joann Period Price Range

Low
December 19, 2022
-0.45  -13.35%
High

 3.37 

     

 2.92 

Joann May 13, 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
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.
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.