Jabil Stock Market Value

JBL Stock  USD 77.20  1.08  1.38%   
Jabil Circuit's market value is the price at which a share of Jabil Circuit stock trades on a public exchange. It measures the collective expectations of Jabil Circuit investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Jabil Circuit and determine expected loss or profit from investing in Jabil Circuit over a given investment horizon. Please see Jabil Circuit Correlation, Jabil Circuit Volatility and Jabil Circuit Alpha and Beta module to complement your research on Jabil Circuit.
Symbol


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
(0.012) 
Market Capitalization
10.3 B
Quarterly Revenue Growth
0.125
Return On Assets
0.0488
Return On Equity
41.3094
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 Jabil Circuit value 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.
0.00
02/09/2021
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/30/2023
0.00
If you would invest  0.00  in Jabil Circuit on February 9, 2021 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 720 days. Jabil Circuit is related to or competes with InterContinental, Host Hotels, Minor International, Sunstone Hotel, Coca Cola, Clean Energy, and World Fuel. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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 use the tools below to analyze the current value of Jabil Circuit in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
75.3877.3279.26
Details
Intrinsic
Valuation
LowReal ValueHigh
69.4881.0883.02
Details
Naive
Forecast
LowNext ValueHigh
73.1175.0576.99
Details
4 Analysts
Consensus
LowTarget PriceHigh
75.0078.0080.00
Details
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 towards taking a position in Jabil Circuit.

Jabil Circuit Backtested Returns

Jabil Circuit appears to be very steady, given 3 months investment horizon. Jabil Circuit holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Jabil Circuit, which you can use to evaluate the future volatility of the firm. Please utilize Jabil Circuit's Market Risk Adjusted Performance of 0.2888, downside deviation of 1.69, and Risk Adjusted Performance of 0.1937 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Jabil Circuit holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.155, which attests to a somewhat significant risk relative to the market. Let's try to break down what Jabil's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jabil Circuit will likely underperform. Although it is vital to follow Jabil Circuit current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Jabil Circuit technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please utilizes Jabil Circuit jensen alpha, and the relationship between the coefficient of variation and potential upside to make a quick decision on whether Jabil Circuit current trending patterns will revert.

Auto-correlation

    
  0.52  

Modest predictability

Jabil Circuit has modest predictability. Overlapping area represents the amount of predictability between Jabil Circuit time series from 9th of February 2021 to 4th of February 2022 and 4th of February 2022 to 30th of January 2023. 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 0.52 indicates that about 52.0% of current Jabil Circuit price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.52
Residual Average0.0
Price Variance40.77

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 stock 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 stock 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 markets does not have a 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 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 equiteis 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.
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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Jabil Circuit using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Jabil Circuit Correlation, Jabil Circuit Volatility and Jabil Circuit Alpha and Beta module to complement your research on Jabil Circuit. 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Jabil Stock analysis

When running Jabil Circuit 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 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.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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.
A focus of Jabil Circuit technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jabil Circuit 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...