Johnson Outdoors Stock Price on October 22, 2021
| JOUT Stock | USD 42.78 0.38 0.90% |
If you're considering investing in Johnson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Johnson Outdoors stands at 42.78, as last reported on the 19th of April, with the highest price reaching 43.26 and the lowest price hitting 42.11 during the day. Johnson Outdoors holds Efficiency (Sharpe) Ratio of -0.0974, which attests that the entity had a -0.0974% return per unit of risk over the last month. Johnson Outdoors exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Johnson Outdoors' Market Risk Adjusted Performance of (0.92), standard deviation of 1.64, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
Johnson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Johnson |
Sharpe Ratio = -0.0974
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JOUT |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Johnson Outdoors 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 Johnson Outdoors by adding Johnson Outdoors to a well-diversified portfolio.
Johnson Outdoors Valuation on October 22, 2021
It is possible to determine the worth of Johnson Outdoors on a given historical date. On October 22, 2021 Johnson was worth 79.49 at the beginning of the trading date compared to the closed value of 75.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Johnson Outdoors stock. Still, in general, we apply an absolute valuation method to find Johnson Outdoors' 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 Johnson Outdoors where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Johnson Outdoors' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 79.49 | 80.21 | 75.42 | 75.42 | 34,434 |
| 79.08 | 79.58 | 73.09 | 73.09 | 44,632 |
| Backtest Johnson Outdoors | | | Johnson Outdoors History | | | Johnson Outdoors Valuation | Next |
Johnson Outdoors Trading Date Momentum on October 22, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Johnson Outdoors Fundamentals Correlations and Trends
By evaluating Johnson Outdoors' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Johnson Outdoors' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Johnson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Johnson Outdoors Stock history
Johnson Outdoors 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 Johnson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Johnson Outdoors 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 Johnson Outdoors stock prices may prove useful in developing a viable investing in Johnson Outdoors
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. The company was founded in 1970 and is headquartered in Racine, Wisconsin. Johnson Outdoors operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 1400 people.
Johnson Outdoors Stock Technical Analysis
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.
Price Boundaries
Johnson Outdoors Period Price Range
Low | April 4, 2022
| High |
79.49 | 75.42 |
Johnson Outdoors April 19, 2024 Market Strength
Market strength 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 undertsting and applying Johnson Outdoors stock market strength indicators, traders can identify Johnson Outdoors entry and exit signals to maximize returns
| Accumulation Distribution | 2056.34 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 77.82 | |||
| Day Typical Price | 77.02 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (4.43) | |||
| Period Momentum Indicator | (32.64) |
Johnson Outdoors Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Johnson Outdoors' price direction in advance. Along with the technical and fundamental analysis of Johnson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Johnson 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 | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.2283 | |||
| Treynor Ratio | (0.93) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| 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 Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest 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.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Johnson Outdoors' 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 Johnson Outdoors. If investors know Johnson 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 Johnson Outdoors 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 Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' 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 Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' 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 Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' 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.