Joann Stock Performance

JOAN -  USA Stock  

USD 11.71  0.07  0.60%

The company retains a Market Volatility (i.e., Beta) of 0.3523, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Joann's beta means in this case. As returns on the market increase, Joann returns are expected to increase less than the market. However, during the bear market, the loss on holding Joann will be expected to be smaller as well. Even though it is essential to pay attention to Joann Inc current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Joann Inc exposes twenty-one different technical indicators, which can help you to evaluate its performance. Joann Inc has an expected return of -0.33%. Please be advised to check out Joann jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Joann Inc performance from the past will be repeated at some point in the near future.

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 Joann Performance
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Over the last 90 days Joann Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in October 2021. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more

Joann Price Channel

Quick Ratio0.05
Fifty Two Week Low11.00
Fifty Two Week High12.80

Joann Relative Risk vs. Return Landscape

If you would invest  1,508  in Joann Inc on June 26, 2021 and sell it today you would lose (337.00)  from holding Joann Inc or give up 22.35% of portfolio value over 90 days. Joann Inc is currently does not generate positive expected returns and assumes 3.7342% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of stocks are less volatile than Joann, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Joann is expected to under-perform the market. In addition to that, the company is 5.21 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

Joann Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Joann's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Joann Inc, and traders can use it to determine the average amount a Joann's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0895

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Negative ReturnsJOAN
Estimated Market Risk
 3.73
  actual daily
 
 31 %
of total potential
 
3131
Expected Return
 -0.33
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.09
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Joann is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Joann by adding it to a well-diversified portfolio.

About Joann Performance

To evaluate Joann Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Joann generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Joann Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Joann Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Joann's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Return on Average Assets 0.09  0.1 
Return on Average Equity(3.28) (3.53) 
Return on Invested Capital 0.10  0.11 
Return on Sales 0.11  0.12 
JOANN Inc. operates as a specialty retailer of sewing, and arts and crafts category products in the United States. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. Joann operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange.

Things to note about Joann Inc

Checking the ongoing alerts about Joann for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Joann Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Joann Alerts

Equity Alerts and Improvement Suggestions

Joann Inc generates negative expected return over the last 90 days
Joann Inc has high historical volatility and very poor performance
Joann Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 2.62 B. Net Loss for the year was (184.1 M) with profit before overhead, payroll, taxes, and interest of 1.11 B.
Latest headline from MacroaxisInsider: Purchase by Duliga Janet of 1700 shares of Joann
Please see Risk vs Return Analysis. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann'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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann'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 Joann's market value can be influenced by many factors that don't directly affect Joann Inc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine Joann value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann'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.