Johnson Stock Performance

JOUT -  USA Stock  

USD 105.76  0.25  0.24%

The company retains a Market Volatility (i.e., Beta) of -0.2122, which attests to not very significant fluctuations relative to the market. Let's try to break down what Johnson's beta means in this case. As returns on the market increase, returns on owning Johnson Outdoors are expected to decrease at a much lower rate. During the bear market, Johnson Outdoors is likely to outperform the market. Even though it is essential to pay attention to Johnson Outdoors 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. Johnson Outdoors exposes twenty-one different technical indicators, which can help you to evaluate its performance. Johnson Outdoors has an expected return of -0.21%. Please be advised to check out Johnson Outdoors semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Johnson Outdoors performance from the past will be repeated at some point in the near future.

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 Johnson Performance
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Over the last 90 days Johnson Outdoors has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in October 2021. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more

Johnson Price Channel

Quick Ratio2.57
Fifty Two Week Low79.13
Target High Price180.00
Fifty Two Week High154.18
Payout Ratio10.12%
Trailing Annual Dividend Yield0.73%
Target Low Price180.00

Johnson Outdoors Relative Risk vs. Return Landscape

If you would invest  12,101  in Johnson Outdoors on June 28, 2021 and sell it today you would lose (1,525)  from holding Johnson Outdoors or give up 12.6% of portfolio value over 90 days. Johnson Outdoors is currently does not generate positive expected returns and assumes 1.5521% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than Johnson, 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 Johnson Outdoors is expected to under-perform the market. In addition to that, the company is 2.11 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

Johnson Outdoors Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Outdoors' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Johnson Outdoors, and traders can use it to determine the average amount a Johnson Outdoors' 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 = -0.1322

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Negative ReturnsJOUT
Estimated Market Risk
 1.55
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 -0.21
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 0 %
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Risk-Adjusted Return
 -0.13
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Based on monthly moving average Johnson Outdoors 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 Johnson Outdoors by adding it to a well-diversified portfolio.

About Johnson Outdoors Performance

To evaluate Johnson Outdoors 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 Johnson Outdoors 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 Johnson 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 Johnson Outdoors 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 Johnson'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
Effect of Exchange Rate Changes on Cash178 K192.1 K
Return on Investment 10.89  11.81 
Return on Average Assets 0.041  0.06 
Return on Average Equity 0.07  0.1 
Return on Invested Capital 0.14  0.18 
Return on Sales 0.06  0.07 
Johnson Outdoors Inc. designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. Johnson Outdoors Inc. was founded in 1970 and is headquartered in Racine, Wisconsin. Johnson Outdoors operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 1200 people.

Things to note about Johnson Outdoors

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

Johnson Outdoors Alerts

Equity Alerts and Improvement Suggestions

Johnson Outdoors generates negative expected return over the last 90 days
Johnson Outdoors is unlikely to experience financial distress in the next 2 years
Over 76.0% of the company shares are owned by institutional investors
Latest headline from www.equities.com: Johnson Outdoors falls 0.57 percent for September 21 - Equities.com
Please see Risk vs Return Analysis. Note that the Johnson Outdoors information on this page should be used as a complementary analysis to other Johnson Outdoors' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Johnson Stock analysis

When running Johnson Outdoors price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' 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 Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors 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 Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine Johnson Outdoors value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' 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.