Jabil Circuit Stock Market Value
| JBL Stock | USD 120.24 0.65 0.54% |
| Symbol | Jabil |
Jabil Circuit Price To Book Ratio
Is Jabil Circuit'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 Jabil Circuit. If investors know Jabil 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 Jabil Circuit 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 3.809 | Dividend Share 0.32 | Earnings Share 11.54 | Revenue Per Share 247.585 | Quarterly Revenue Growth (0.17) |
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit'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 Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit'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 Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit'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.
Jabil Circuit 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jabil Circuit's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jabil Circuit.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Jabil Circuit on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jabil Circuit or generate 0.0% return on investment in Jabil Circuit over 30 days. Jabil Circuit is related to or competes with Sanmina, Celestica, Plexus Corp, Fabrinet, Benchmark Electronics, Flex, and Vicor. Jabil Inc. provides manufacturing services and solutions worldwide More
Jabil Circuit Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jabil Circuit's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jabil Circuit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 21.31 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.98 |
Jabil Circuit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jabil Circuit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jabil Circuit's standard deviation. In reality, there are many statistical measures that can use Jabil Circuit historical prices to predict the future Jabil Circuit's volatility.| Risk Adjusted Performance | 0.007 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.01) |
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.
Jabil Circuit Backtested Returns
Jabil Circuit holds Efficiency (Sharpe) Ratio of -0.0025, which attests that the entity had a -0.0025% return per unit of risk over the last 3 months. Jabil Circuit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jabil Circuit's Risk Adjusted Performance of 0.007, standard deviation of 2.8, and Market Risk Adjusted Performance of 0.001 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.48, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jabil Circuit will likely underperform. Jabil Circuit has an expected return of -0.0072%. Please make sure to check out Jabil Circuit value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Jabil Circuit performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Jabil Circuit has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Jabil Circuit time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jabil Circuit price movement. The serial correlation of -0.78 indicates that around 78.0% of current Jabil Circuit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 45.7 |
Jabil Circuit lagged returns against current returns
Autocorrelation, which is Jabil Circuit stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jabil Circuit's stock expected returns. We can calculate the autocorrelation of Jabil Circuit returns to help us make a trade decision. For example, suppose you find that Jabil Circuit has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Jabil Circuit regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jabil Circuit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jabil Circuit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jabil Circuit stock over time.
Current vs Lagged Prices |
| Timeline |
Jabil Circuit Lagged Returns
When evaluating Jabil Circuit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jabil Circuit stock have on its future price. Jabil Circuit autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jabil Circuit autocorrelation shows the relationship between Jabil Circuit stock current value and its past values and can show if there is a momentum factor associated with investing in Jabil Circuit.
Regressed Prices |
| Timeline |
Jabil Circuit Investors Sentiment
The influence of Jabil Circuit's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Jabil. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Jabil Circuit's public news can be used to forecast risks associated with an investment in Jabil. The trend in average sentiment can be used to explain how an investor holding Jabil can time the market purely based on public headlines and social activities around Jabil Circuit. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Jabil Circuit's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Jabil Circuit's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Jabil Circuit's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Jabil Circuit.
Jabil Circuit Implied Volatility | 31.33 |
Jabil Circuit's implied volatility exposes the market's sentiment of Jabil Circuit stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Jabil Circuit's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Jabil Circuit stock will not fluctuate a lot when Jabil Circuit's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Jabil Circuit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Jabil Circuit's short interest history, or implied volatility extrapolated from Jabil Circuit options trading.
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Try AI Portfolio ArchitectCheck out Jabil Circuit Correlation, Jabil Circuit Volatility and Jabil Circuit Alpha and Beta module to complement your research on Jabil Circuit. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.Note that the Jabil Circuit information on this page should be used as a complementary analysis to other Jabil Circuit'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Jabil Circuit's price analysis, check to measure Jabil Circuit'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 Jabil Circuit is operating at the current time. Most of Jabil Circuit's value examination focuses on studying past and present price action to predict the probability of Jabil Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jabil Circuit's price. Additionally, you may evaluate how the addition of Jabil Circuit to your portfolios can decrease your overall portfolio volatility.
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Jabil Circuit 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.