Will Johnson Outdoors shareholders stop to exit in January?

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Ellen Johnson .  Story
JOUT Stock  USD 65.98  1.30  2.01%   
Ellen Johnson
By Ellen Johnson
Macroaxis Story
While this unique economic environment continues, Johnson Outdoors may throw investors more surprises before the next earnings call. We will evaluate why we are still confident in anticipation of a recovery. Johnson Outdoors is currently traded for 57.44. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.01%. The volatility of relative hype elasticity to Johnson Outdoors is about 355.26%. The volatility of related hype on Johnson Outdoors is about 355.26% with expected price after next announcement by competition of 57.43 Given the investment horizon of 90 days the next anticipated press release will be in about 4 days.
Published over a month ago
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The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Johnson Outdoors has an asset utilization ratio of 111.47 percent. This implies that the company is making $1.11 for each dollar of assets. An increasing asset utilization means that Johnson Outdoors is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Johnson Outdoors stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Johnson Outdoors, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Johnson Outdoors based on Johnson Outdoors hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Johnson Outdoors's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Johnson Outdoors's related companies.

Use Technical Analysis to project Johnson expected Price

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.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Johnson Outdoors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Johnson Outdoors 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...

How does Johnson utilize its cash?

To perform a cash flow analysis of Johnson Outdoors, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Johnson Outdoors is receiving and how much cash it distributes out in a given period. The Johnson Outdoors cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Johnson Outdoors Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Johnson Outdoors reported Net Cash Flow from Operations of 39.09 Million in 2022

Detailed Outlook On Johnson Outdoors

The small drop in market price for the last few months may raise some interest from private investors. The stock closed today at a share price of 57.44 on 36,967 in trading volume. The company directors and management did not add much value to Johnson Outdoors investors in November. However, diversifying your holdings with Johnson Outdoors or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.25. The current volatility is consistent with the ongoing market swings in November 2022 as well as with Johnson Outdoors unsystematic, company-specific events.

Cost of Revenue Breakdown

Johnson Outdoors Cost of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost of Revenue is likely to outpace its year average in 2022. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Johnson Outdoors Cost of Revenue is comparatively stable at the moment as compared to the past year. Johnson Outdoors reported Cost of Revenue of 257.26 Million in 2021
2010
2021
2022
2010417.53 Million
2021257.26 Million
2022301.82 Million

Johnson technical analysis implies possible bounce back

The kurtosis is down to 0.5 as of today. Johnson Outdoors currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.08. However, we advise investors to further question Johnson Outdoors expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Johnson Outdoors' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Johnson Outdoors' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Conclusion on Johnson Outdoors

Whereas some other firms under the leisure industry are still a bit expensive, Johnson Outdoors may offer a potential longer-term growth to private investors. On the whole, as of the 9th of December 2022, our analysis shows that Johnson Outdoors almost mirrors the market. The firm is overvalued and projects low odds of financial distress for the next 2 years. However, our actual 90 days advice on the firm is Buy.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. 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 Ellen Johnson do not own shares of Johnson Outdoors. Please refer to our Terms of Use for any information regarding our disclosure principles.

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