The company's average rating is Buy from 6 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Jabil market sentiment investors' perception of the future value of Jabil. Let us look at a few aspects of Jabil technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Jabil Circuit. In general, sophisticated investors focus on analyzing Jabil Circuit stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Jabil Circuit's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Jabil Circuit's intrinsic value. In addition to deriving basic predictive indicators for Jabil Circuit, many experienced traders also check how macroeconomic factors affect Jabil Circuit price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Jabil Circuit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jabil Circuit. Your research has to be compared to or analyzed against Jabil Circuit's peers to derive any actionable benefits. When done correctly, Jabil Circuit's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jabil Circuit.
How does Jabil Stands against Peers?
Analyzing Jabil Circuit competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Jabil Circuit across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Jabil Circuit Competition DetailsJabil Circuit Gross Profit
Jabil Circuit Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Jabil Circuit previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Jabil Circuit Gross Profit growth over the last 10 years. Please check Jabil Circuit's
gross profit and other
fundamental indicators for more details.
Closer look at Jabil Mean Deviation
Jabil Inc has current Mean Deviation of 1.69. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.
Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.
Mean Deviation | = | SUM(RET DEV) N |
| = | 1.69 |
| SUM | = | Summation notation |
| RET DEV | = | Sum of return deviations of Jabil |
| N | = | Number of calculation points for selected time horizon |
Let's now compare Jabil Mean Deviation to its closest peers:
| JBL | 1.6900553691460052 |
| FN | 1.77 |
| MU | 1.82 |
| DSWL | 1.43 |
| ELTK | 3.06 |
Our take on today Jabil hike
New downside deviation is at 2.85. Jabil Inc currently demonstrates below-verage downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.02. However, we do advice investors to further question Jabil Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Conclusion on Jabil
While some firms under the electronic components industry are still a bit expensive, Jabil may offer a potential longer-term growth to stakeholders. The inconsistency in the assessment between current Jabil valuation and our trade advice on Jabil is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Jabil.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Jabil Circuit. Please refer to our
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