JET AIRWAYS (India) Today

JETAIRWAYS -  India Stock  

INR 93.45  1.65  1.80%

JET AIRWAYS is selling for under 93.45 as of the 28th of October 2021; that is 1.80% increase since the beginning of the trading day. The stock's lowest day price was 88.0. JET AIRWAYS has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for JET AIRWAYS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of September 2021 and ending today, the 28th of October 2021. Click here to learn more.
 Market Performance
3 of 100
  Odds Of Distress
Less than 46
Jet Airways Limited provides passenger and cargo air transportation services. Jet Airways Limited was founded in 1992 and is based in Mumbai, India. JET AIRWAYS operates under Airlines classification in India and is traded on Bombay Stock Exchange.. The company has 113.6 M outstanding shares. More on JET AIRWAYS LTD
Follow Valuation Odds of Bankruptcy
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JET AIRWAYS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. JET AIRWAYS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JET AIRWAYS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
JET AIRWAYS LTD has very high historical volatility over the last 90 days
The company has accumulated 84.05 B in total debt with debt to equity ratio (D/E) of 2.89, implying the company greatly relies on financing operations through barrowing. JET AIRWAYS LTD has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 252.27 B. Net Loss for the year was (42.7 B) with profit before overhead, payroll, taxes, and interest of 76.11 B.
About 75.0% of JET AIRWAYS shares are held by company insiders
Legal NameJET AIRWAYS LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of JET AIRWAYS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
JET AIRWAYS LTD (JETAIRWAYS) is traded on Bombay Stock Exchange in India and employs 13,163 people. The company currently falls under 'Large-Cap' category with current market capitalization of 11.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate JET AIRWAYS's market, we take the total number of its shares issued and multiply it by JET AIRWAYS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. JET AIRWAYS LTD operates under Industrials sector and is part of Airlines industry. The entity has 113.6 M outstanding shares. JET AIRWAYS LTD has accumulated about 3.21 B in cash with 7.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 28.27.
Check JET AIRWAYS Probability Of Bankruptcy
Ownership
JET AIRWAYS LTD has a total of one hundred thirteen million six hundred thousand outstanding shares. JET AIRWAYS retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 75.0 (percent) of JET AIRWAYS outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check JETAIRWAYS Ownership Details

JETAIRWAYS Stock Price Odds Analysis

What are JET AIRWAYS's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of JET AIRWAYS jumping above the current price in 90 days from now is about 27.55%. The JET AIRWAYS LTD probability density function shows the probability of JET AIRWAYS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon JET AIRWAYS has a beta of 0.8208. This indicates as returns on the market go up, JET AIRWAYS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding JET AIRWAYS LTD will be expected to be much smaller as well. Additionally, the company has an alpha of 0.3487, implying that it can generate a 0.35 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 93.45HorizonTargetOdds Up 93.45 
72.35%90 days
 93.45 
27.55%
Based on a normal probability distribution, the odds of JET AIRWAYS to move above the current price in 90 days from now is about 27.55 (This JET AIRWAYS LTD probability density function shows the probability of JETAIRWAYS Stock to fall within a particular range of prices over 90 days) .

JET AIRWAYS LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. JET AIRWAYS market risk premium is the additional return an investor will receive from holding JET AIRWAYS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JET AIRWAYS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although JET AIRWAYS's alpha and beta are two of the key measurements used to evaluate JET AIRWAYS's performance over the market, the standard measures of volatility play an important role as well.

JETAIRWAYS Stock Against Markets

Picking the right benchmark for JET AIRWAYS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in JET AIRWAYS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for JET AIRWAYS is critical whether you are bullish or bearish towards JET AIRWAYS LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in JET AIRWAYS without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Risk vs Return Analysis. Note that the JET AIRWAYS LTD information on this page should be used as a complementary analysis to other JET AIRWAYS'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for JETAIRWAYS Stock

When running JET AIRWAYS LTD price analysis, check to measure JET AIRWAYS'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 JET AIRWAYS is operating at the current time. Most of JET AIRWAYS's value examination focuses on studying past and present price action to predict the probability of JET AIRWAYS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JET AIRWAYS's price. Additionally, you may evaluate how the addition of JET AIRWAYS to your portfolios can decrease your overall portfolio volatility.
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