Daily Journal Corp Stock Beta

DJCO Stock

USD 356.90 6.90 1.97%

Daily Journal Corp fundamentals help investors to digest information that contributes to Daily Journal's financial success or failures. It also enables traders to predict the movement of Daily Stock. The fundamental analysis module provides a way to measure Daily Journal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Daily Journal stock.

Other Current Liab Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Daily Journal Corp Company Beta Analysis

Daily Journal's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Daily Journal Beta

0.93

Most of Daily Journal's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Daily Journal Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Daily Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Daily Journal is extremely important. It helps to project a fair market value of Daily Stock properly, considering its historical fundamentals such as Beta. Since Daily Journal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Daily Journal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Daily Journal's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Accounts Payable	Short Term Debt	Short Term Investments	Good Will	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.82	0.87	0.82	0.98	0.99	-0.31	0.75	-0.47	0.99	-0.44	0.61	-0.78	-0.14	-0.24	0.57	0.83	-0.55	0.58	-0.71	-0.73	-0.74	0.73	0.8	-0.55
Total Stockholder Equity	0.99		0.75	0.88	0.76	0.94	0.98	-0.33	0.71	-0.45	0.99	-0.43	0.63	-0.75	-0.12	-0.27	0.5	0.87	-0.51	0.65	-0.7	-0.72	-0.73	0.73	0.82	-0.51
Net Debt	0.82	0.75		0.73	0.94	0.88	0.84	-0.33	0.72	-0.47	0.83	-0.51	0.32	-0.68	-0.3	0.02	0.69	0.59	-0.63	0.27	-0.55	-0.59	-0.6	0.74	0.73	-0.63
Retained Earnings	0.87	0.88	0.73		0.84	0.83	0.91	-0.44	0.74	-0.47	0.9	-0.7	0.39	-0.65	-0.34	-0.25	0.55	0.81	-0.54	0.68	-0.57	-0.63	-0.65	0.79	0.9	-0.54
Net Receivables	0.82	0.76	0.94	0.84		0.86	0.86	-0.31	0.76	-0.34	0.83	-0.62	0.36	-0.75	-0.5	-0.03	0.79	0.57	-0.7	0.3	-0.42	-0.5	-0.51	0.79	0.79	-0.7
Total Liab	0.98	0.94	0.88	0.83	0.86		0.97	-0.28	0.78	-0.47	0.96	-0.44	0.58	-0.79	-0.16	-0.19	0.64	0.75	-0.59	0.47	-0.68	-0.72	-0.73	0.7	0.75	-0.59
Total Current Assets	0.99	0.98	0.84	0.91	0.86	0.97		-0.38	0.76	-0.5	1.0	-0.53	0.55	-0.77	-0.2	-0.24	0.59	0.84	-0.58	0.6	-0.7	-0.73	-0.74	0.78	0.85	-0.58
Intangible Assets	-0.31	-0.33	-0.33	-0.44	-0.31	-0.28	-0.38		-0.13	0.82	-0.39	0.54	0.21	0.05	-0.22	0.43	-0.03	-0.42	0.22	-0.56	0.56	0.66	0.67	-0.34	-0.49	0.22
Accounts Payable	0.75	0.71	0.72	0.74	0.76	0.78	0.76	-0.13		-0.28	0.74	-0.44	0.47	-0.5	-0.3	-0.14	0.6	0.7	-0.27	0.44	-0.47	-0.49	-0.5	0.71	0.75	-0.27
Short Term Debt	-0.47	-0.45	-0.47	-0.47	-0.34	-0.47	-0.5	0.82	-0.28		-0.51	0.55	0.12	0.12	-0.43	0.45	-0.04	-0.56	0.23	-0.58	0.72	0.88	0.88	-0.36	-0.51	0.23
Short Term Investments	0.99	0.99	0.83	0.9	0.83	0.96	1.0	-0.39	0.74	-0.51		-0.49	0.55	-0.75	-0.16	-0.23	0.56	0.86	-0.56	0.62	-0.72	-0.74	-0.75	0.77	0.85	-0.56
Good Will	-0.44	-0.43	-0.51	-0.7	-0.62	-0.44	-0.53	0.54	-0.44	0.55	-0.49		0.26	0.17	0.39	0.08	-0.4	-0.53	0.4	-0.47	0.4	0.39	0.4	-0.68	-0.74	0.4
Treasury Stock	0.61	0.63	0.32	0.39	0.36	0.58	0.55	0.21	0.47	0.12	0.55	0.26		-0.64	0.07	-0.32	0.18	0.4	-0.1	0.25	-0.32	-0.37	-0.37	0.15	0.22	-0.1
Common Stock	-0.78	-0.75	-0.68	-0.65	-0.75	-0.79	-0.77	0.05	-0.5	0.12	-0.75	0.17	-0.64		0.35	0.24	-0.69	-0.38	0.83	-0.2	0.22	0.42	0.43	-0.43	-0.45	0.83
Property Plant Equipment	-0.14	-0.12	-0.3	-0.34	-0.5	-0.16	-0.2	-0.22	-0.3	-0.43	-0.16	0.39	0.07	0.35		-0.36	-0.64	0.01	0.51	0.11	-0.32	-0.44	-0.42	-0.42	-0.32	0.51
Current Deferred Revenue	-0.24	-0.27	0.02	-0.25	-0.03	-0.19	-0.24	0.43	-0.14	0.45	-0.23	0.08	-0.32	0.24	-0.36		0.14	-0.29	0.08	-0.59	0.4	0.58	0.58	0.19	-0.09	0.08
Long Term Debt	0.57	0.5	0.69	0.55	0.79	0.64	0.59	-0.03	0.6	-0.04	0.56	-0.4	0.18	-0.69	-0.64	0.14		0.23	-0.75	-0.01	-0.05	-0.12	-0.14	0.6	0.52	-0.75
Net Tangible Assets	0.83	0.87	0.59	0.81	0.57	0.75	0.84	-0.42	0.7	-0.56	0.86	-0.53	0.4	-0.38	0.01	-0.29	0.23		-0.18	0.83	-0.77	-0.72	-0.73	0.76	0.88	-0.18
Capital Surpluse	-0.55	-0.51	-0.63	-0.54	-0.7	-0.59	-0.58	0.22	-0.27	0.23	-0.56	0.4	-0.1	0.83	0.51	0.08	-0.75	-0.18		-0.07	0.06	0.26	0.27	-0.42	-0.4	1.0
Deferred Long Term Liab	0.58	0.65	0.27	0.68	0.3	0.47	0.6	-0.56	0.44	-0.58	0.62	-0.47	0.25	-0.2	0.11	-0.59	-0.01	0.83	-0.07		-0.69	-0.66	-0.67	0.46	0.7	-0.07
Accumulated Depreciation	-0.71	-0.7	-0.55	-0.57	-0.42	-0.68	-0.7	0.56	-0.47	0.72	-0.72	0.4	-0.32	0.22	-0.32	0.4	-0.05	-0.77	0.06	-0.69		0.83	0.83	-0.4	-0.57	0.06
Short Long Term Debt	-0.73	-0.72	-0.59	-0.63	-0.5	-0.72	-0.73	0.66	-0.49	0.88	-0.74	0.39	-0.37	0.42	-0.44	0.58	-0.12	-0.72	0.26	-0.66	0.83		1.0	-0.41	-0.58	0.26
Long Term Debt Total	-0.74	-0.73	-0.6	-0.65	-0.51	-0.73	-0.74	0.67	-0.5	0.88	-0.75	0.4	-0.37	0.43	-0.42	0.58	-0.14	-0.73	0.27	-0.67	0.83	1.0		-0.42	-0.6	0.27
Net Invested Capital	0.73	0.73	0.74	0.79	0.79	0.7	0.78	-0.34	0.71	-0.36	0.77	-0.68	0.15	-0.43	-0.42	0.19	0.6	0.76	-0.42	0.46	-0.4	-0.41	-0.42		0.95	-0.42
Net Working Capital	0.8	0.82	0.73	0.9	0.79	0.75	0.85	-0.49	0.75	-0.51	0.85	-0.74	0.22	-0.45	-0.32	-0.09	0.52	0.88	-0.4	0.7	-0.57	-0.58	-0.6	0.95		-0.4
Capital Stock	-0.55	-0.51	-0.63	-0.54	-0.7	-0.59	-0.58	0.22	-0.27	0.23	-0.56	0.4	-0.1	0.83	0.51	0.08	-0.75	-0.18	1.0	-0.07	0.06	0.26	0.27	-0.42	-0.4

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Daily Journal

In accordance with the recently published financial statements, Daily Journal Corp has a Beta of 0.926. This is 12.64% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.

Daily Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Daily Journal's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Daily Journal could also be used in its relative valuation, which is a method of valuing Daily Journal by comparing valuation metrics of similar companies.

Daily Journal is currently under evaluation in beta category among related companies.

Daily Journal Current Valuation Drivers

We derive many important indicators used in calculating different scores of Daily Journal from analyzing Daily Journal's financial statements. These drivers represent accounts that assess Daily Journal's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Daily Journal's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	355.8M	341.8M	442.3M	353.7M	318.4M	334.3M
Enterprise Value	378.0M	362.5M	463.3M	416.7M	375.1M	393.8M

Daily Journal Institutional Holders

Institutional Holdings refers to the ownership stake in Daily Journal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Daily Journal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Daily Journal's value.

		Shares
Caprock Group Inc	2023-12-31	5.6 K
Bank Of New York Mellon Corp	2023-12-31	4.9 K
Hpm Partners Llc	2023-12-31	4.9 K
Morgan Stanley - Brokerage Accounts	2023-12-31	4.5 K
Charles Schwab Investment Management Inc	2023-12-31	3.5 K
Nuveen Asset Management, Llc	2023-12-31	3 K
Shayne & Co Llc	2023-12-31	2.6 K
Swiss National Bank	2023-12-31	2.4 K
Barclays Plc	2023-12-31	2.1 K
Rwwm Inc	2023-12-31	324 K
Blackrock Inc	2023-12-31	91 K

Daily Journal returns are very sensitive to returns on the market. As the market goes up or down, Daily Journal is expected to follow.

Daily Fundamentals

	Return On Equity	0.0792
	Return On Asset	0.0179
	Profit Margin	0.23 %
	Operating Margin	0.07 %
	Current Valuation	221.03 M
	Shares Outstanding	1.38 M
	Shares Owned By Insiders	9.54 %
	Shares Owned By Institutions	52.28 %
	Number Of Shares Shorted	16.43 K
	Price To Earning	18.88 X
	Price To Book	2.19 X
	Price To Sales	6.52 X
	Revenue	67.71 M
	Gross Profit	14.06 M
	EBITDA	6.93 M
	Net Income	21.45 M
	Cash And Equivalents	350.73 M
	Cash Per Share	254.70 X
	Total Debt	76.28 M
	Debt To Equity	0.34 %
	Current Ratio	12.17 X
	Book Value Per Share	154.74 X
	Cash Flow From Operations	15.08 M
	Short Ratio	1.26 X
	Earnings Per Share	11.79 X
	Number Of Employees	350
	Beta	0.93
	Market Capitalization	481.96 M
	Total Asset	354.86 M
	Retained Earnings	198.7 M
	Working Capital	303.21 M
	Current Asset	184.48 M
	Current Liabilities	64.86 M
	Net Asset	354.86 M

About Daily Journal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Daily Journal Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daily Journal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daily Journal Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Daily Journal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daily Journal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daily Journal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Daily Stock

0.82

Blackline Financial Report 2nd of May 2024

Pair Corr

Moving against Daily Stock

0.84	NOGWQ	Nogin Inc	Pair Corr
0.75	EB	Eventbrite Class A Financial Report 14th of May 2024	Pair Corr
0.73	DV	DoubleVerify Holdings Financial Report 8th of May 2024	Pair Corr
0.67	U	Unity Software Financial Report 8th of May 2024	Pair Corr
0.67	DMAN	Innovativ Media Group	Pair Corr

The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daily Journal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daily Journal Corp to buy it.

The correlation of Daily Journal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Daily Journal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Daily Journal Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Daily Journal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Daily Journal Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Daily Journal Corp Stock:

How To Invest In Daily

Details

Is Daily Stock a good investment?

Details

What is Daily Journal's Net Worth?

Details

Largest Publishing Companies

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Check out Daily Journal Piotroski F Score and Daily Journal Altman Z Score analysis.

Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Daily Stock analysis

When running Daily Journal's price analysis, check to measure Daily Journal'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 Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.

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	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated

Is Daily Journal'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 Daily Journal. If investors know Daily 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 Daily Journal 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

(0.29)

Earnings Share

11.79

Revenue Per Share

51.852

Quarterly Revenue Growth

0.3

Return On Assets

0.0179

The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Daily Journal Corp Stock Beta

Daily Journal Corp Company Beta Analysis

Beta

Covariance

Variance

Current Daily Journal Beta

Daily Beta Driver Correlations

Daily Beta Peer Comparison

Daily Journal Current Valuation Drivers

Daily Journal Institutional Holders

Daily Fundamentals

About Daily Journal Fundamental Analysis

Pair Trading with Daily Journal

Moving together with Daily Stock

Moving against Daily Stock

Complementary Tools for Daily Stock analysis

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