Jabil Stock Price Transform Weighted Close Price

JBL Stock

USD 83.37 0.23 0.28%

Jabil Circuit price transform tool provides the execution environment for running the Weighted Close Price transformation and other technical functions against Jabil Circuit. Jabil Circuit value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Weighted Close Price transformation function is designed to identify and follow existing trends. Jabil Circuit price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Symbol

Transformation

The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Jabil Circuit high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Jabil Circuit closing price as input.

Jabil Circuit Technical Analysis Modules

Most technical analysis of Jabil Circuit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Jabil from various momentum indicators to cycle indicators. When you analyze Jabil charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

	Cycle Indicators
	Math Operators
	Math Transform
	Momentum Indicators
	Overlap Studies
	Pattern Recognition
	Price Transform
	Statistic Functions
	Volatility Indicators
	Volume Indicators

About Jabil Circuit Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jabil Circuit. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jabil Circuit based on widely used predictive technical indicators. In general, we focus on analyzing Jabil Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jabil Circuit's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Jabil Circuit's intrinsic value. In addition to deriving basic predictive indicators for Jabil Circuit, we also check how macroeconomic factors affect Jabil Circuit price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

	2020	2021	2022	2023 (projected)
Long Term Debt to Equity	1.35	1.05	0.95	0.89
Interest Coverage	8.51	9.54	8.59	9.27

Long Term Debt to Equity Interest Coverage

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

Low	Estimated Value	High
81.49	83.09	84.69

Details

Intrinsic

Valuation

Low	Real Value	High
75.03	90.63	92.23

Details

Naive

Forecast

Low	Next Value	High
81.99	83.59	85.19

Details

7 Analysts

Consensus

Low	Target Price	High
69.00	87.71	103.00

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.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Bollinger Bands Now

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon

All Next

Launch Module

Jabil Circuit pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jabil Circuit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jabil Circuit will appreciate offsetting losses from the drop in the long position's value.

Jabil Circuit Pair Trading

Jabil Circuit Pair Trading Analysis

The ability to find closely correlated positions to Jabil Circuit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jabil Circuit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jabil Circuit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jabil Circuit to buy it.

The correlation of Jabil Circuit is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jabil Circuit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jabil Circuit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Jabil Circuit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Risk vs Return Analysis. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Focused Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope

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

0.007

Dividend Share

0.32

Earnings Share

7.07

Revenue Per Share

257.529

Quarterly Revenue Growth

0.077

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

Jabil Stock Price Transform Weighted Close Price

Jabil Circuit Technical Analysis Modules

About Jabil Circuit Predictive Technical Analysis

Learn to be your own money manager

Did you try this?

Run Bollinger Bands Now

Bollinger Bands

Jabil Circuit pair trading

Jabil Circuit Pair Trading

Jabil Circuit Pair Trading Analysis

Complementary Tools for Jabil Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY